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Laser Shipments Down in 2002

Monday, March 17, 2003
 
Shipments of industrial laser equipment and systems for North America and for export from the United States totaled $422.8 million in 2002, down 15 percent from 2001 levels. That’s the word from the Laser Systems Product Group of AMT—The Association for Manufacturing Technology. Shipments within North America by 43 companies reporting to the group totaled $311.2 million in 2002 while exports totaled $111.5 million. The group found that shipments of CO2 laser systems remained level last year while shipments of Nd:YAG lasers dropped 30 percent. Other findings: Cutting applications accounted for more than half of all shipments while more than 80 percent of total shipments were configured as laser systems (laser source and workstation). For more, visit www.amtonline.org.

Forecast: Global Steel Consumption to Rise

Monday, March 17, 2003
 
Worldwide consumption of finished steel is expected to rise from 891 million tons in 2002 to 985 million tons in 2007. The forecast of a 10.5-percent increase, from Global Iron and Steel Production to 2007, a report written by MEPS International Ltd., shows Asia leading the in stepped-up steel use. In addition, growth in use by industrial nations will occur at a slower pace than average growth throughout the world. Among NAFTA nations, the report notes steel consumption growing at 4 percent per year through the 1990s while forecasting modest 8.6-percent growth in the period from 2002 to 2007. For more report details, click on www.meps.co.uk/global2007.html.

Aluminum Fab. Plant to Service Mexican Market

Friday, March 14, 2003
 
Hydro Aluminum North America, an integrated aluminum producer, announced that its Guaymas, Sonora, Mexico plant is now offering products and services to industrial end users in the Mexican market. The 60,000-sq.-ft. plant offers fabrication, light assembly and integrated engineering of total processes from alloy to finished product.

 

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