Industry Analysis & Industry Trends
Despite its abundance of natural resources and large quantities of iron ore, Australia has a small steel sector compared with other developed nations. The Iron and Steel Forging industry is characterised by a number of small companies that produce highly customised, low-volume forged products. The industry also includes a few large companies that produce grinding media and wheels and axles for rolling stock.
Forging iron and steel is a method of shaping the metal. Unlike cast iron and steel products, where the metal is heated to its melting point and then poured into a mould, forging involves applying pressure to the metal and bending it into shape. Forging generally produces stronger steel components but is more difficult to perform on larger items... purchase to read more
Industry Report - Industry Products Chapter
Forging involves deforming a piece of metal to alter its shape or properties. It is usually carried out by applying compressive force that is large enough to alter the grain structure of the metal. Forging can generally be categorised into two main groups: cold forging and hot forging. Hot forging involves the application of heat during the forging process. Temperatures can reach as high as 1,200 degrees Celsius for hot steel forging. Hot forging reduces strain hardening, allowing metal to undergo deformation more easily. Cold forging is generally conducted at room temperature. This process requires more energy than hot forging and is usually used in high-accuracy applications... purchase to read more