The Rise of the Metal Castings Market

September 29th, 2022

In past blogs we’ve talked about the benefits of metal above plastic. Metal Casting has many advantages:

  • Complex production capabilities
  • Energy efficient
  • Innovative,
  • Uses recyclable materials,
  • Cost Effective

Furthermore, cast metal products range from home appliances to surgical equipment and more, making it a really flexivable and manoeuvrable medium.

This is why is so rewarding to know that the Market Analysys forecasts that the ferrous metal castings will continue to dominate the market whereas the nonferrous metal castings will keep gradually gaining ground.

Last year the metal casting marked had reached a value of $139 billion. It is projected that by 2027, the market will reach an impressive $221.3 billion.

Two key factors in this rise are:

  • The global economy growth
  • The big industrial activity in hig-growth emerging economies

As always, we at US Castings, will keep you updated in any new industry development and will always put ahead the needs of our customers.

Golden Week – Preplan

August 11th, 2022

many-tear-off-day-calendar-with-focus-5th-november-illustration-image-time-passing-procrastination

With 2023 fast approaching, we’d like to take on this opportunity to remind our customers of the below holidays that may affect productions, operations, and its transit time:

  • Golden Week – From October 1st, 2022 to October 7th 2022
  • Lunar New Year – From January 22, 2023 until early February 2023

During this period, foundries will be closed and all business operations will resume only after the holidays.

For that reason, we recommend all of our customers to issue any new orders/reorders as soon as possible in order to avoid any unforeseen delays.

As always, we at US Castings, will keep you updated on any new industry development and look forward to providing the best services to our customers.

Lunar New Year & Planning ahead

July 13th, 2022

aerial-view-container-cargo-ship-sea

As you may know, the Lunar New Year is a festival taking place yearly and may disrupt both production & logistics operations for a few weeks (before & after) the event takes place. This holiday will begin on January 22nd 2023, which falls earlier on the calendar than usual in comparison to the previous years.

For that reason, we highly recommend all of our customers to issue new orders as soon as possible to avoid any unforeseen delays.

We are looking forward to working on the next project with you!

US Castings team

Metal: Its many advantages.

June 28th, 2022

interior-view-steel-factory (1)

In our Mission Statement, we explain that we at US Castings endeavor to manufacture a better-quality, longer-lasting part. We can make that assessment because we take pride in working with metals.

Metal production has many different advantages over other materials such as plastic. As we said before, some of these advantages are a better quality and long-lasting. Other advantages include:

  • Having a higher melting-point than other materials. Plastic, for instance, has really low resistance to elevated temperatures. So, in the case of elevated temperatures, metal is more unlikely to deteriorate.
  • Being stronger than their plastic counterpart. If you have a requirement for parts with high structural strength, such as building materials, metals are the only choice. They are also harder and more durable.
  • Having a wide variety of production processes, such as welding, forging, casting, chipping, soldering and many more.
  • Being cost efficient. Especially when producing larger quantities or many runs of them.
  • Contributing to a more circular economy. Metals such as aluminum can be recycled over and over again, which means that can be repurposed and enter the economic cycle once again. Plastic, on the other hand doesn’t have that high of a recycling rate.

If you want to learn more about the metals that we work with or the different production processes that our foundries can do please navigate our website.

Supply Chain Boom – An Overview

April 20th, 2022

 

As you may know, inflation has been increasing at a fast rate and hit its highest level this year. This occurrence, as expected, is interconnected with the global supply chain.

Since the beginning of the pandemic, high demand for manufacturing has grown exponentially and companies are still playing catch-up to supply chain problems that began in 2020; all this undeniably contributed to this inflation. We have been experiencing a high increase from raw material, labor, gas, to freight (whether via air or ocean) and other related expenses. A few examples below:

  • Surge in fuel prices
  • Freight Market: Ocean carriers have announced more blank sailings, and lack of trucking capacity has also been a challenge.
  • Russia-Ukraine Conflict: The Russian invasion of Ukraine has caused a huge impact to supply chains as both countries are large suppliers of raw materials such as steel, palladium, nickel, aluminum, copper, etc.
  • Inventories are reaching peak levels: This is a consequence of over-ordering, which has caused enormous port congestions.
  • China Lockdown and Zero Covid Policy: Shanghai entered into a new lockdown as of late which has in turn limited production at factories. This has left the supply chain disheveled.
  • Freight and distribution delays: Please refer to our previous email or to our blog to read more about this.

We know that this affects all of us as a nation. While we always keep our commitment to you as our customer and offer the best prices we can, we must increase our prices in order to continue providing the best service possible. As a reminder, we urge our customers to send us yearly projection orders so we can plan accordingly and secure the best prices, prepare material stock, and so on.

The good news(!) is that experts believe that this price burst will soon subside, as the nation figures out how to produce and transport all products in a pandemic-altered economy. If you prefer to handle the shipment on your own, that it also an option, just let us know.

We thank you for your business and we will continue to keep you informed of any new developments and ensure the most quality service & products for our customers.

Black Sea Region Update

April 6th, 2022

Industrial zone of Odessa sea port. Port harbor with grain elevator terminal and container area.

It’s been more than a month since the Russia-Ukraine conflict started. Previously, we have informed that the Odessa port, a strategic port in the Black Sea region (and Ukraine’s largest), had been blocked as a result of the conflict and to this day, remains temporarily closed.

Odessa, being one of Russia’s primary targets; had, so far, escaped the worst of the conflict until Air strikes rocked the strategic Black Sea port last Sunday on April 3rd.

The high-precision sea and air-based missiles targeted an oil refinery and three storage facilities for fuel and lubricants, according to Firstpost. The attack produced three columns of black smoke with flames that rose into the sky. Fortunately, no human casualties were reported.

The recent event suggest that the port will remain closed until further notice.

We will keep you informed regarding this unprecedented situation and hope that Ukraine will soon resume trading with the world.

Southern California Ports Update

March 16th, 2022

shipping cargo

Earlier this month we shared with you the situation in Ukraine, with a focus in the Odessa port – which it’s still temporarily closed. We consider it’s important as well to be informed of the current situation in the local ports:

Last year, the ports in Los Angeles and Long Beach became a symbol of the massive supply-chain chaos that left us with empty store shelves and accelerating inflation.

Back in November, Insider had reported that these ports had broken records with 114 vessels waiting off the coast to dock – some even waiting from the beginning of September.

The problem was not only the docking, but the unloading too – which can take up to several days. And once the unloading is complete, there’s also the trucking issues, as it’s reported that some truckers have had to wait outside the port for up to 8 hours.

The good news is that as of late, the Wall Street Journal reports that “terminals are catching their breath” after the Lunar New Year, a period during which Asian factories stop production. However, now factories are back into production and some of last years issues are expected to return.

As a mean to avoid this issue all-together for our customers, we have preventively, selected alternative routes. Moving forward, another option would be pulling forward production orders to avoid the end of the year congestion.

We will continue to ensure the best services for our customers during these unprecedented circumstances.

US Castings awarded Government Contract for Procurement of Drain Grates – Washington Metro

June 14th, 2017

US Castings has been awarded Government Contract for Procurement of Drain Grates for Washington Metro. More about this:

https://www.wmata.com/about/business/procurement/solicitations/Solicitation-Details.cfm?solicitation_id=3563