Porsche expands engineering and assembly capacity
Image caption: Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche
Image caption: Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche
High corrosion resistance, elasticity and ductility make stainless steel one of the most preferred materials for application in various end-use industries. Recent market analysis by ESOMAR-certified consulting firm Future Market Insights (FMI) reports that the stainless steel market is poised to expand at a steady 5.5% CAGR through to 2031.
Ecological transition; regionalisation of markets and neo-protectionism; digital innovation; economic acceleration after the COVID-19 crisis - these are just some of the macro trends that are changing the steel value chain and will be discussed during the ninth edition of Made in Steel, the conference and exhibition in Milan, Italy, from 5-7 October 2021.
At the beginning of June, Porsche and Schuler started operation of a fully connected press shop in East German Halle (Saale). As well as a servo press line with an output of up to 20 strokes per minute, the Smart Press Shop also features a new Laser Blanking Line 2.18 equipped with two cutting heads for processing strip material with a width of up to 1,880mm.
According to analyst IHS Markit, global economic expansion is being led by the United States, mainland China and Europe.
The September 2021 issue of International Sheet Metal Review
Recent comments