Steel production could be achieved with almost no carbon emissions via US$ 278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF. Hydrogen and recycling are likely to play a central role in reducing emissions from steel production. Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries.

With COP26 taking place recently, the actions needed to mitigate climate change are now becoming a priority for world leaders. Now is therefore the time for companies to recognise that prioritising sustainable manufacturing operations will be critical to their future success and public reputation.

Image caption above: Dr. Wilfried Schäfer, Executive Director, VDW (German Machine Tool Builders’ Association).

Along with the 8th Schweisstec international trade fair for joining technology, the 15th Blechexpo international trade fair for sheet metal working took place from 26-29 October 2021. As a key meeting point for the industry during a difficult year of COVID-19 disruption and lockdowns, the mood was upbeat as exhibitors and visitors were able to network face to face.

From 17-18 November 2021, the fastener and fixing community came together at Fastener Fair CONNECT. The new digital event connected international attendees from various industrial sectors looking to source the latest products, equipment and services from fastening technology suppliers. The interactive networking event also offered a platform for in-depth expert talks and knowledge transfer.

The global 3D printing metal market size is expected to reach US$ 2.36 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 25.7% over the forecast period. Market growth is attributable to the cost-effectiveness of 3D printed parts, reduced lead times and the development of complex parts during production.