Brokerages Set Ternium SA (TX) Price Target at $38.00 | Hot Sale Galvanized Steel Pipe Price

Sutor Technology Group (OTCMKTS:TORZ) and Insteel Industries (NASDAQ:IIIN) are both small-cap basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, profitability, risk, dividends, earnings and analyst recommendations.

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This table compares Sutor Technology Group and Insteel Industries’ top-line revenue, earnings per share (EPS) and valuation.

“In short, we wanted a flexible system that offered all of the above while enabling us the opportunity to process a wide variety of open profiles including channel, angle and flat in a fully automated cycle. One that would allow us to offer clients a creative cutting experience by using the fiber-optic capabilities to the full, whether it be for complex cuts or just on the joints. Our aim is to simplify production processes, finishing, doing away with intricate welding jigs and assisting with the speed of final assembly. We can now offer high volume output while creating ‘kits’ of components ready for assembly, and faster processing of complex tube slotting and drilling which reduce production schedule times thus saving the client time and money.”

“TW Profile Services management believed that there was a gap in the market to process-in-one the larger sections of material. Although TW Profile Services is equipped with the latest technology machines, it was decided to set up a new facility to handle the type of material that we are processing today.”

14 – The Ontario government said it had filed a statement in court outlining its arguments that Ottawa’s carbon pricing plan is unconstitutional.

Another potential difference between the pilot and demonstration unit could be the materials of construction. For the pilot plant, it may be expeditious or only a small added cost to use a high-alloy material for the reactor and its associated tubing. In the end, however, researchers need to ensure that metallurgy will not influence the chemistry by catalyzing coking or other undesirable reactions. Materials selection for the demonstration and commercial plant should be based on known reaction and corrosion-rate data available from literature or data generated in the laboratory. Where possible, critical pilot-plant systems are made of the same materials of construction as those projected for commercial scale. For example, the pilot-scale reactor itself acts as the “corrosion coupon” since it was exposed to the fluids, temperatures and pressures of the actual reaction system. Metallographic analysis of the reactor after removal from service provides data crucial to the selection of materials of construction going forward.

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31 – A deal was reached for a consortium to buy the Hudson Bay Railway and repair the only land link to the northern Manitoba community of Churchill. The community had been forced to fly in food and fuel since the rail line was damaged by flooding in May 2017 and Denver-based owner Omnitrax said it could not afford repairs. The Arctic Gateway Group consortium included several northern communities, Fairfax Financial Holdings and AGT Food and Ingredients. The federal government had earlier committed $74 million to help repair the rail line and $43 million over 10 years to subsidize railway operations.

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MEB’s battery voltage will depend on the number of cells and cell types, VW says, but at the beginning of production, nominal voltage will range between 300 and 400 volts. Battery pack capacity will be either 48, 62, or roughly 82 kWh, with the 48 kWh and 62 kWh sharing the same pack (the 48 kWh simply has two fewer cell modules), and the 82 kWh pack having a different, larger housing. The smallest battery promises 175 miles on the EPA cycle, the biggest will get a projected 300 mile range, and the 52 kWh pack will be somewhere in between.

Tubes are positioned under the five-axis cutting head according to the programme parameters. The interpolation of the cutting head in combination with the tube movement allows for processing anywhere along the length of the part. The machine uses the principle of a main drive chuck and two supporting steadies near the cutting head. These supporting steadies also drive and rotate the part in unison with the main chuck. The machine can cut in front or behind the leading steady, or in between the two steadies, or between the second steady and the main chuck.