The latest monthly CBI Industrial Trends Survey reports that UK Manufacturing output looks promising. They suggest that output has increased strongly and faster since the end of 2017. According to CBI, growth was broad-based, with output increasing in 14 out of 17 sub-sectors. Among the top performers are food, drink and tobacco and mechanical engineering.
Total order books show similar, healthy levels resembling that of December 2017. Exports remained stable, well above average and in line with the past 16 months. Output price expectations for inflation softened to the weakest in almost a year while stock levels moved below average. It hasn’t been smooth sailing as the UK Manufacturing sector faced some serious challenges.
While the CBI believes manufacturers will continue to benefit from robust external demand and the lower exchange rate, overall economic growth is expected to remain subdued. This comes as a result of weak consumer income growth and the continuous uncertainty stemming investments. Continue reading →
Eindhoven in the Netherlands is set to become the center of attention with 3D printed homes. A bridge has already been constructed using cutting edge technology and now, a total of five 3D printed homes will add to the collection. It comes courtesy of a collaboration between the Technical University of Eindhoven, the Eindhoven municipality and several other firms. Continue reading →
Shot blasting can be described as a method used to clean, strengthen or polish metal surfaces getting it ready for the application of overlays or coatings. Industries using this method include automotive, aerospace, construction, rail and ship building among others. It removes rust or old layers of paint which is important when preparing surfaces for further processing like paint application, powder coating and welding work. Continue reading →
Steel pipe and tube manufacturing will restart at Tredegar from next month. The decision from Liberty House, who rescued the site when it went into administration in 2015 forms part of their ‘Greensteel’ strategy and is the seventh steelworks re-opened in as many months.
In its drive the reform the British steel industry the reopened plant will form the latest link in a supply value chain using green energy to upcycle scrap steel from the melting through to the engineering of advanced products.
Hot rolled coil for the plant will come from the rolling mill at Liberty Steel Newport, itself restarted as part of the same plan in October last year.
The UK has one of the highest dependencies on imports of the core product in the developed world and it is hoped that Tredegar’s output will replace some of that one million tonnes of steel currently imported. Continue reading →
This week it’s been announced that Tata Steel could slash up to 1,200 jobs across Scunthorpe and Soctland. Caparo Industries has called in the administrators and now up to 1,700 of their staff are facing real uncertainty about their futures. The UK Steel industry is in crisis and many commentators are rushing to blame China. But the fact of the matter is that the global Steel industry is in crisis, not just the UK, with many nations overproducing and even our closest neighbors in the EU undercutting British produced Steel. At a time when unprecedented trade deals are being fought for and signed across the globe we have to ask if we should still be trying to use China as a scapegoat or if it’s time to reconsider our economic ties with the emergent power. Continue reading →