SigmaTEK’s software products continue to deliver productivity and ROI gains for leading manufacturers and fabricators worldwide. Its primary nesting software, SigmaNEST, automates manual CAD work typically done before nesting, driving results previously unseen by manufacturers. Through unmatched nesting efficiency and speed, SigmaNEST leads to increased productivity and ROI, including:
- decreased waste – on average, customers save 4% on material when switching to SigmaNEST;
- increased capacity – average cut times increase by 20%;
- increased efficiency – programming is five times faster, on average, saving considerable man-hours.
Powered by the manufacturing industry’s newest and most advanced CAD/CAM nesting engine, SigmaNEST reflects nearly three decades of continuous, specialized software optimization, helping fabricators to boost cutting machine throughput and performance. As machine experts, SigmaNEST developers customize SigmaNEST to fully maximize features and functionality of cutting, punching and bending machines.
SigmaNEST next-generation software is designed to connect systems that are most critical to manufacturing operations. SigmaNEST follows industry standards and best practices, so no CAD/CAM data is compromised and users can start with data from multiple sources. To learn more about SigmaNEST’s CAD/CAM software integration, click here.
Native file formats supported include:
- AutoDesk Inventor - SpaceClaim
- SOLIDWORKS - Onshape
- Siemens NX - CATIA
- Solid Edge - DWG, DXF, IGES, DSTV, STEP
- PTC Creo
When a user imports a part or assembly into SigmaNEST, it recognizes all features assigned in the 3D model. SigmaNEST can even sort through non-fabricated parts of an assembly (like bolts or electronics) to keep only the parts that need to be profile cut. Parts for fabrication are automatically unfolded. Users can also nest whole assemblies with automatic bevel recognition.
Key Process: Bevel
One of the processes most dependent on proper file data transfer is beveling. SigmaNEST engineers understand this. SigmaNEST has invested countless man hours in developing critical technology to ensure bevels are imported correctly as part and assembly files move from design to production. To learn more about SigmaNEST’s beveling capabilities, click here. Video available here.
ArcelorMittal announces that its subsidiary ArcelorMittal India Private Limited (AMIPL) has just submitted an offer for Essar Steel India Limited (‘Essar’), the Indian steel company, in-line with the corporate insolvency resolution process for Essar.
In its offer, AMIPL set out a detailed industrial plan for Essar aimed at improving its performance and profitability and ensuring it can participate in the anticipated growth of steel demand in India. It also highlights the extensive experience and track record of the group in the successful acquisition and integration of under-performing assets, which AMIPL believes would be of considerable value to Essar. Essar would also have access to the deep bench of technical expertise and knowledge from across the group which is unparalleled in the steel industry.
Commenting, Mr. Lakshmi Mittal, Chairman and CEO, ArcelorMittal, said:
“Essar provides a compelling opportunity for ArcelorMittal to enter the high growth Indian steel market. The offer submitted today by AMIPL includes a detailed investment plan to address operational issues in Essar’s existing asset base. With our industry expertise and renowned operating prowess, we believe we are uniquely equipped to implement a successful turnaround which would be beneficial to Essar’s stakeholders.”
Aditya Mittal, Group CFO and CEO ArcelorMittal Europe, said:
“This opportunity aligns with the group’s strategy of selectively investing in attractive projects to maximize long-term shareholder value. India is expected to be the world’s fastest growing economy over the next decade and as the economy grows its steel intensity will also increase. We believe our technical experience and management know-how, gained from many successful acquisitions and integrations, will ensure success for the various steel and pelletizing operations at Essar.”
Essar Steel is an integrated flat steel producer. Its main production facility is in Gujarat. It has a nameplate crude steel capacity of 9.6 million tonnes per annum, although the current maximum achievable crude steel production level is 6.1 million tonnes per annum, due to a bottleneck in the steelmaking and casting process.
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 18 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.
Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.
For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient.
We are one of the world’s five largest producers of iron ore and metallurgical coal. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.
In 2017, ArcelorMittal had revenues of $68.7 billion and crude steel production of 93.1 million metric tonnes, while own iron ore production reached 57.4 million metric tonnes.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/
Outokumpu, IMS group and Sidenor have just announced an agreement where IMS will act as an exclusive distributor of Prodec® high machinability round bars in key European countries including Germany, Denmark, France, Spain, Portugal and Italy. The companies announced last year a similar contract for Belgium and the Netherlands.
With the agreement Outokumpu and Sidenor provide Prodec high machinability round bars covering the full dimension range from 6 to 230mm.
IMS group is a leading European special and stainless steel bar distributor with 49 distribution centres, in more than 10 European countries.
Says John Stansfield, head of sales for Outokumpu Long Products Europe: “This agreement with IMS ensures stainless steel long products customers will have easy access to Prodec stainless steel with a short lead time. We look forward to working and expanding our cooperation with the IMS team to communicate the benefits of Prodec to the machining industry.”
Prodec grades offer industry’s best machining speeds. According to tests (V15 test), Prodec can improve machining speeds significantly, resulting in a double tool life compared to competing materials in the market. By using Outokumpu Prodec, customers can optimize machining speeds to gain significant cost savings per component (up to 50% savings depending on the application).
IMS will offer Prodec round bars in the complete size range from 6mm to 230mm and beyond if requested. Prodec range is available in grades 304L/4307, 316L/4404 and 303/4305 and 17-4PH. These are suitable for a variety of machining applications such as fasteners, valves, pressure fittings, nuts, bolts and screws, gears, shafts, and bearings.
Outokumpu has a century of experience creating efficient, long-lasting, recyclable stainless steels. The company’s global offering includes quality-critical long products for heavy industries. Outokumpu Long Products sites are located in the UK, Sweden and the US, and are well known for high quality products, flexibility and world-class delivery performance.
IMS is a distributor of carbon, alloy, stainless, engineering and tool steels located in several European countries. The IMS group is owned by the Jacquet Metal Service Group. IMS has operated more than 60 years in the steel industry and specialized in customized solutions in the field of stainless steel, steel and aluminum. IMS customers operate amongst others in the field of automotive, food, energy and machining industry.
Sidenor is a steel company, leader in the European steel industry for the production of special steel long products, with production centers in Basque Country, Cantabria and Catalonia as well as business delegations in Germany, France, Italy and the UK. In the stainless steels portfolio Sidenor is focused on the production of hot rolled and peeled bars.
Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed on Nasdaq Helsinki. www.outokumpu.com outokumpu.com/stainless-news