Displaying items by tag: aluminum foundry

Monday, 16 September 2013 06:45

Handling of Aluminum by Goldman Sachs

The North American investment banks Goldman Sachs and JP Morgan are accused of manipulating the price of aluminum by moving their stocks from different warehouses, generating queues in order, longer delivery times, generates premiums for customers wishing to be delivered quickly, which affects the entire market and can artificially inflate the price of the metal.

LME aluminum storage banks goldman-sachs



Several complaints
The complaint stems from a large trans-Atlantic users of aluminum, MillerCoors, a brewer using cans. According to MillerCoors, the aluminum price was inflated by $ 3 billion last year worldwide. Another complaint partnership has been filed in Florida, August 7, accusing the London Metal Exchange (LME), Goldman Sachs, JPMorgan Chase and Glencore Xstrata cartel in aluminum storage.

The technique of suspected fraud
The process is simple because the law requires holders of aluminum to physically go out every day 3,000 tons of their warehouse but it does not say that the aluminum to be delivered. Then just move legally aluminum of a warehouse to another. Goldman Sachs and physically stores of aluminum in 27 warehouses around Detroit. The New York Times, after an investigation revealed that a fleet of trucks will carry a daily aluminum and forth between a warehouse and another. This movement of goods would lengthen delivery times can spend six weeks to over a year. And storage is longer and the invoice to the customer is high for those who want to be delivered quickly pay a premium.

The control of raw materials by banks such as Goldman Sachs' allows them to both predict and influence commodity prices and thus determine the pricing of derivatives and hedge funds in particular on raw materials "says U.S. News.

The role not so clear LME
The LME (London Metal Exchange), which should play a regulatory role in this market is not neutral and is involved because the LME affects 1% of the rental of warehouses and is far from being independent since held until last year by banks with Golman Sachs.

The Fed survey
Given the spate of allegations of fraud, the U.S. central bank (Fed) investigates the physical assets of raw materials held by many banks. In particular it could return to the authorization granted in 2003 to conduct such activities in addition to their sawmills derivatives and commodities brokerage.

Denial of Goldman Sachs
The bank denies any dispute handling and the storage of aluminum can drive up prices. They readily believe, given the reputation of profound honesty that surrounds all of their activities.

Source: www.bfmtv.com

Source: My little blog fonderie

Published in Actualidad
Tuesday, 23 July 2013 13:30

Anodizing of aluminum

Anodizing of aluminum (or anodic oxidation) is an electrolytic surface treatment can produce a thin protective surface layer and passive microporous alumina (Al2O3) a few tens of microns. The aluminum foundry alloys can all be anodizing treatment.

anodisation_principe_1 MEB_anodisation
Principle anodizing SEM anodized layer

What is anodizing?
The functions of anodization are:
- Decoration (many colors)
- The mechanical protection against corrosion, wear (hardness)
- The hanging before painting (not clogged deposit)
- The electrically insulating protective

poign_e_anodis_ luminaire_aluminium_anodis_
Handle anodized anodized Lighting

Types of anodizing
There are several types of anodizing:
- Anodizing "hard" in a bath of sulfuric acid (100 microns)
- Chromic Anodizing (a few microns)
- Sulfuric anodizing (10 to 20 microns)

Anodizing decoration (or decorative) can bring a superficial coloration of the aluminum part with pigments (many colors available).

The anodizable alloys
Alloys containing silicon (Al Si family) can be anodization of protection, but are not recommended for decorative anodizing. A high silicon content has a tendency to give a grayish hue. Al MG10 transformed into die casting, provides multiple color decorative anodizing. Al and Al Si2MgTi Mg3Ti (gravity die casting) produce highly decorative colors.

sous_ensemble_anodis_
Subset in anodized aluminum pressure

Different thicknesses are achievable anodizing (5 to 50 microns) and depend on the function of the room.

Anodizing operation
The anodizing process consists of a series of bathroom (followed by intermediate rinsing) to prepare a first surface, a second oxide to produce a third color for the potential and the last to stabilize.

Standard
"Specification hard-anodized aluminum and alloys" ISO 10074

Fuente: http://souspression.canalblog.com

Published in Aluminio

Blog