Magazine Issue: October-2014


Cover Story

Play it again, Lourenco
In the more than three decades Lourenco Goncalves has spent in metals and mining, the Brazilian-born metallurgical engineer has never been a bit player.   A fan base of investors, including activist hedge fund Casablanca Capital, is betting the sequel to his latest performance will prove even bigger box office than his IPO and the $1.24-billion sale of Metals USA.

Market Spotlight

MARKET SPOTLIGHT: STEEL TUBE & PIPE

MARKET SPOTLIGHT: STEEL TUBE & PIPE

MARKET SPOTLIGHT: STEEL TUBE & PIPE

Columns

PARTING SHOTS

THE METRICS SYSTEM

From the Editor

COMMENT

  • Steel or aluminum? Watch the battle continue

    Paper or plastic? Coal or oil? Wind or solar? Of all the contemporary contested cases involving the environment, there is another one that will certainly be most important for the metals sector: steel or aluminum?

Features

ALTERNATIVE APPEAL

  • Composite image

    Composites weigh less than steel but can be as good or better in terms of stiffness and strength, and they do not corrode like steel or aluminum, leading some market players to think they could significantly increase auto fuel economy by reducing vehicle weight.

ROAD MAP

  • Car keys

    The challenges facing metal producers in the automotive market cannot be overcome without aggressive research and development efforts, especially in metallurgy breakthroughs, according to executives and industry analysts.

BODY WORK

  • Pickup lines

    The aluminum-intensive redesign of Ford’s F-150 pickup is seen as a watershed moment. Many in the industry say it is the start of a revolution that will see additional aluminum-bodied vehicles launched over the next several years.

CAR WARS

  • Auto correct

    As increasingly stringent fuel-economy standards push automakers toward more-efficient vehicles, new car models are introduced each year using lighter-weight, higher-strength steel components that provide cost-effective solutions to demands for increased performance.

MILES TO GO

  • Ready. Set. Goal.

    With only 10 model years until new national vehicle fuel efficiency standards are scheduled to take effect, steel and aluminum suppliers are jousting with each other as automakers decide which metal products they will use to meet the regulations.

SPECIAL SECTION: TITANIUM

  • Titanium: Time is now

    While the overwhelming majority of titanium mill products and castings are produced for commercial and military aerospace uses, other key applications include industrial, medical, energy and a variety of consumer goods.

SPECIAL SECTION: TITANIUM

  • Flight path

    Early this year, aerospace titanium prices began to slowly recover and aircraft original equipment manufacturers announced that backlogs were starting to bulge, creating some optimism about the titanium market.

MANAGEMENT CORNER

CENTER PIECE

END-USER SPOTLIGHT

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