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Aleksandr Matveev | Dreamstime
Thiti Tangjitsangiem | Dreamstime
'Availability of new foundry sand is already becoming a challenge, along with the need of providing new solutions to waste management,” according to the director of a metallurgical research center.
'Availability of new foundry sand is already becoming a challenge, along with the need of providing new solutions to waste management,” according to the director of a metallurgical research center.
'Availability of new foundry sand is already becoming a challenge, along with the need of providing new solutions to waste management,” according to the director of a metallurgical research center.
'Availability of new foundry sand is already becoming a challenge, along with the need of providing new solutions to waste management,” according to the director of a metallurgical research center.
'Availability of new foundry sand is already becoming a challenge, along with the need of providing new solutions to waste management,” according to the director of a metallurgical research center.
Branimir Ritonja | Dreamstime
Automotive cast parts.
Automotive cast parts.
Automotive cast parts.
Automotive cast parts.
Automotive cast parts.
Seesea | Dreamstime
Fire photo
Fire photo
Fire photo
Fire photo
Fire photo
Jacek Sopotnicki | Dreamstime
With deoxidized base iron, carbon levels can be increased to 3.30% C and alloying can be completely or nearly eliminated at the same time.
With deoxidized base iron, carbon levels can be increased to 3.30% C and alloying can be completely or nearly eliminated at the same time.
With deoxidized base iron, carbon levels can be increased to 3.30% C and alloying can be completely or nearly eliminated at the same time.
With deoxidized base iron, carbon levels can be increased to 3.30% C and alloying can be completely or nearly eliminated at the same time.
With deoxidized base iron, carbon levels can be increased to 3.30% C and alloying can be completely or nearly eliminated at the same time.
Simone Neuhold / RHI Magnesita
Many refractory products are custom-developed and manufactured for particular applications, and also usually contaminated with material they have absorbed while lining furnaces or ladles, which makes the recycling process a challenge.
Many refractory products are custom-developed and manufactured for particular applications, and also usually contaminated with material they have absorbed while lining furnaces or ladles, which makes the recycling process a challenge.
Many refractory products are custom-developed and manufactured for particular applications, and also usually contaminated with material they have absorbed while lining furnaces or ladles, which makes the recycling process a challenge.
Many refractory products are custom-developed and manufactured for particular applications, and also usually contaminated with material they have absorbed while lining furnaces or ladles, which makes the recycling process a challenge.
Many refractory products are custom-developed and manufactured for particular applications, and also usually contaminated with material they have absorbed while lining furnaces or ladles, which makes the recycling process a challenge.

NADCA Offers Risk-Management Strategies

April 30, 2008
Hedging, other pricing tactics to help diecasters manage metal costs

The North American Die Casting Assn. has released a research report to help operations managers to implement hedging strategies and other pricing tacticts to help control metal costs.

"Effective Risk Management Strategies Reduce Commodity Volatility for Die Casters" examines various approaches to risk management, including hedging commodity costs; establishing metal costs with pricing formulas; and implementing supply contracts that identify timeframes, delivery cycles, and pricing conditions, e.g., triggers for recalculating commodity prices.

NADCA points out that metal prices are a significant production costs for diecasters, but as with all commodities these prices are influenced by numerous external factors. Among these are changes in economic conditions, capital sources, environmental regulations, and structural changes within the industries using the metal.

"The volatility of commodity markets and the tight margins prevalent in the diecasting industry make it more important than ever for die casters to understand the most effective ways to buy the metal used in their products," states NADCA president Daniel L. Twarog. "Effective risk management can be the difference between a profit and a loss for many diecasters."

For more information or to request a copy of the white paper, visit NADCA online. http://www.diecasting.org/oem.htm