Global crude steel production increased by 3.5% year-on-year to 131.8-million tonnes in February, the World Steel Association (worldsteel) reported on Monday.
Africa’s crude steel pro…
Trade and Industry Minister Dr Rob Davies revealed on Monday that South Africa was willing to accede to quotas on its steel and aluminium exports to the US as part of the country’s ongoing bid to …
A bearing typically has three pieces: the rollers, an inner race that is pressed onto a shaft, and an outer race that is pressed into the gear bore. Exceptional engineering and quality components ar…
Electric cars may be cheaper than their petroleum counterparts by 2025 if the cost of lithium-ion batteries continues to fall.
Some models will cost the same as comb…
RBC Bearings Incorporated (NASDAQ:ROLL) CEO Michael J. Hartnett sold 3,203 shares of the business’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $128.…
Schaeffler India has announced that it has got approval from shareholders and creditors to merge INA India and LuK India to form one ‘One Schaeffler’, that will help it be among the largest auto…
President Trump pressed ahead with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and offered the possibility of excluding other allies. Trump said …
BidaskClub upgraded shares of RBC Bearings (NASDAQ:ROLL) from a sell rating to a hold rating in a research report sent to investors on Wednesday, March 14th.
A number of other researc…
Goldman Sachs Group Inc. grew its stake in shares of RBC Bearings Incorporated (NASDAQ:ROLL) by 22.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional inve…
The Coalition for a Prosperous America said that U.S. tariffs on aluminum and steel imports will add thousands of jobs at domestic producers, offsetting labor losses in other industries, while econo…
Automation in the manufacturing industry has made major advancements over the years. One of those innovations are collaborative robots, or cobots. These robots work alongside humans to increase eff…
RBC Bearings Incorporated (NASDAQ:ROLL) CFO Daniel A. Bergeron sold 20,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price …
Zacks Investment Research cut shares of NN (NASDAQ:NNBR) from a hold rating to a sell rating in a report issued on Thursday morning.
According to Zacks, “NN, Inc. is an indepe…
U.S. manufacturers’ cutting-tool consumption rose to $183.61 million during January, an increase of 4.9% from December, and up 6.1% from January 2017. The results continue to demonstrate expanding…
BidaskClub upgraded shares of RBC Bearings (NASDAQ:ROLL) from a sell rating to a hold rating in a research report report published on Wednesday morning.
General Motors Co. announced a $100-million capital investment program for two plants in Michigan as it plans to launch production of its Cruise AV self-driving vehicle. The vehicles will be a…
The completion of China’s first turbofan jetliner engine has been achieved with the manufacturing support of Morgan Advanced Materials’ Technical Ceramics Business. The company has developed the…
