New orders for CNC machinery topped $500 million in December 2024, with demand from aerospace and contract machine shops continuing to grow as the new year began.
Against flat demand and other problems, the world’s primary steelmakers finished 2024 with a total production volume of 1.8 billion metric tons, about 10 million metric tons less...
Ongoing adjustments in manufacturing production schedules and investment decisions, according to one expert observer, were the cause of falling demand for cutting tools during...