Latest from Materials

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.

New Grede Secures $60 Million

Feb. 10, 2010
Ferrous foundry group lands revolving three-year credit line
Grede Holdings LLC, the ferrous foundry group recently formed by the merger of Citation Corp. and Grede Foundries Inc. secured a new revolving credit and security agreement with Bank of America as a lender and as agent for the lenders. Wells Fargo Capital Finance is a co-lender on the transaction. The new, three-year agreement provides up to $60 million to support the new company with working capital and cash for other general corporate purposes. The credit line is secured by Grede’s accounts receivables and inventory. It expires in February 2013. “Given the restrictive credit markets of today, the new financing agreement validates Grede’s actions as further evidence of the Company’s future vitality,” stated chief financial officer Lou Lavorata, He added: “Through our rigorous turnaround activities, we have brought together two well-positioned companies that have outstanding synergies, a strong balance sheet, low debt, and excellent support from our bank partners.”