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Recent Articles

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Share of critical metals has risen sharply in new vehicles, with neodymium and dysprosium increasing by 400% and 1700% respectively, indicating need for increased recycling and research into alternative materials; shortage poses environmental risk for EU

Cleveland-Cliffs sees surge in steel demand due to increasing orders from automotive sector, reduced imports of flat-rolled steel; scrap and metallics inventory draw-downs force prices higher, enabling company to implement spot price increases, says CEO

Purdue University scientists develop treatment for steel alloy to produce strength and plasticity, with applications in petrochemical, automotive, power sectors; alloy's center is soft so it can sustain plasticity but surface is hardened via nanolaminate

Magna completes acquisition of Veoneer Active Safety from SSW Partners; deal increases Magna's sensor, software and systems engineering capabilities, is expected to generate more than US$3.0Bin sales in 2024

Sumitomo Chemical and REVER join forces for circular system to recycle waste plastics from end-of-life vehicles; alliance aims to produce recycle-based, high-quality recycled plastics for use in the automotive industry and contribute to circular economy

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