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◦ Not all parallel price increases are the result of unlawful coordination and could as well be the product of competition. The case study of the steel industry in Greece reminds us of this important fact and, in doing so, provides a rigorous analysis to distinguish competition from collusion.
◦ In the steel market in Greece, there was some striking evidence of price parallelism whereby the three main producers changed their prices more or less simultaneously. In response, the Hellenic Competition Commission pursued an investigation to determine if they were colluding, either explicitly or tacitly.
◦ In spite of the suspicious patterns, the evidence put forth in the case study supports competition. It is explained how common price movements are likely the result of common information. Every morning, all three suppliers had available to them international and regional price levels for each product type. This information allowed them to determine the maximum price that a Greek producer would be able to sell in the domestic market given the prices that Greek importers could purchase steel from other countries. This import price acted as a reference price which was common knowledge to all Greek producers and drove changes in the competitive domestic list prices.
◦ Complementing this argument with a rich empirical analysis, the case study concludes the observed price patterns are likely explained as an outcome of competitive behavior.
Geopolitical competition between the world’s major powers does not make cooperation on climate change impossible; neither does industrial competition in clean technologies make it unnecessary. In the power, road transport, and steel sectors, there are ways that the United States, China and Europe can work together to accelerate the low carbon transitions – not by avoiding competition, but by shaping it to achieve better outcomes.
How knowledge is created, accessed, stored and disseminated has become a major focus of study when assessing the success or failure of industrial clusters. Marshall (1890; 225) initiated this debate when he noted: ‘The mysteries of the trade become no mysteries; but are as it were in the air’. In the edited collection by Wilson, Corker and Lane (2022), emphasis has been placed on the links between knowledge, knowledge flows and how innovation systems evolve and adapt. This paper builds on their work examining how tacit and codified knowledge is created and disseminated across a cluster. Bathelt et al (2004) have demonstrated how successful clusters build effective ‘global pipelines’ to access knowledge generated elsewhere, prompting us to think how a business history analysis can incorporate these concepts and how these processes have worked in practice. The paper analyses two English clusters and the processes involved in the formation of a common body of knowledge, a ‘knowledge-cum-industrial zeitgeist’ which explains the cluster’s performance. Specifically, it proposes a model that links internally-generated knowledge and ‘global pipelines’ that clusters develop to tap into externally-generated knowledge, which through effective feedback into the ‘local buzz’ results in further innovation and strengthens the cluster’s competitive advantage.
Chapter 7 briefly introduces steels, including classification, production processes, microstructure, and properties as well as computational tools for design of steels. Two case studies for S53 and AISI H13 steels are demonstrated. For S53 steel, high strength and good corrosion resistance are needed. For that purpose, plots of thermodynamic driving forces for precipitates were established, guaranteeing the accurate precipitation of M2C strengthener in steels. In addition, a martensite model is developed, designing maximal strengthening effect and appropriate martensite start temperature to maintain an alloy with lath martensite as the matrix. The corrosion resistance was designed by analyzing thermodynamic effects to maximize Cr partitioning in spinel oxide and enhance the grain boundary cohesion. In the case of AISI H13 steel, precipitations of carbides were simulated. Then simulated microstructure was coupled with structure–property models to predict the stress–strain curve and creep properties. Subsequently, those simulated properties were coupled with FEM to predict the relaxation of internal stresses and deformation behavior at the macroscopic scale during tempering of AISI H13
The twenty-four accessible and thought-provoking essays in this volume present innovative new scholarship on Japan’s modern history, including its imperial past and transregional entanglements. Drawing on the latest Japanese and English-language scholarship, it highlights Japan’s distinctiveness as an extraordinarily fast-changing place. Indeed, Japan provides a ringside seat to all the big trends of modern history. Japan was the first non-Western society to become a modern nation and empire, to industrialize, to wage modern war on a vast scale, and to deliver a high standard of living to virtually all its citizens. Because the Japanese so determinedly acted to reshape global hierarchies, their modern history was incredibly destabilizing for the world. This intense dynamism has powered a variety of debates and conflicts, both at home and with people and places beyond Japan’s shores. Put simply, Japan has packed a lot of history into less than two centuries.
Just before the start of the First World War, Robert Millikan, professor of physics at the University of Chicago and a specialist in electron theory, travelled to Germany to present an academic paper. A few years earlier, in 1905, the scientist Albert Einstein had proposed a linear relationship between the wavelength of light and the maximum velocity of electrons emitted from irradiated metal. Einstein was developing quantum theory – and Millikan was adamant that he was wrong.
While visiting Dresden Millikan was introduced to a young researcher who had just completed his PhD. The young man was South African and could thus speak English – which is probably why he was asked to show Millikan around campus. They also shared a research interest, as the young researcher was also working on Einstein’s theory.
Archaeological remains at a religious site dedicated to a Yasawiyya Sufi saint reveal a possible centre of iron production along the trade routes connecting the medieval urban centres of Central Asia.
The carbon (C) ratios, namely the atomic ratios of C/(C + M), in nano-sized coherent MC precipitates (M = Ti, Nb) with the NaCl-type (B1) structure in ferritic steels, which had been isothermally aged at 580 °C, were investigated using atom probe tomography (APT). Considering the influences of the trajectory aberration, detection loss, and peak overlap, we determined the C ratios to be ~0.40 and ~0.45 for an equivalent volume diameter of 1.5–5 nm and 1–5 nm for the TiC and NbC precipitates, respectively, suggesting that there is a considerable fraction of C vacancies in both nano-sized precipitates. The apparent C ratios show significant scatter with decreasing particle size, while the apparent mean C ratios of very fine TiC particles, smaller than 1.5 nm, decreased with decreasing particle size. With the use of one of the latest APT instruments with a high detection efficiency, the scattering in the apparent C ratios was reduced because the counting statistics were improved; however, the artificial enrichment of C atoms to particular crystallographic directions of ferrite hindered the determination of the C ratio for very fine TiC particles smaller than 1.5 nm.
Austenitic stainless steel is used in several industrial branches due to its mechanical and thermal properties, and to its good corrosion resistance. With low cost and biocompatibility, it is used to manufacture prostheses and devices for bone fixation. However, direct contact with body fluids may cause corrosion. Thin films of FeAlCr intermetallic alloy can be used to increase service life of prostheses and avoid replacement surgeries. The aim of this work was to cover the austenitic stainless steel to study the effect of target–substrate distance on the film characteristics. Coatings were performed using the magnetron sputtering technique with the substrate positioned at different distances from the target. The influence on film thickness, morphology, roughness, and adhesion to the substrate was investigated. The thin films of FeAlCr (160 nm thick deposited at 100 mm far from the substrate) were formed by smaller particles (11.2 nm long), densely packed (551,000 particles/mm2), with flat and regular appearance, and greater adherence to the substrate.
This article rethinks the relationship between trade and industry in the development of Indian capitalism, focusing on Tata, pioneers in textile and steel production. It shows how two little-known affiliated trading companies, R.D. Tata & Co. in Shanghai, Hong Kong, and Kobe, and Tata Limited in London, played a crucial intermediary role in securing financing and market access for the parent firm in Bombay while simultaneously increasing its exposure to the effects of global crises. Tata's ultimately dominant position in a protected national economy was due to the contingent failure of these trading companies rather than a foregone conclusion.
In the present study, 3D atom probe was used to study the effect of increased Mo (1–3 wt%) on clustering in secondary hardening ultra-high strength steels. Clusters have been classified into three categories, namely, Type I, Type II, and Type III with the (Cr + Mo)/C ratio of <1.5, 1.5–3.25, and >3.25, respectively. Cluster evolution suggests that size and volume fraction (Vf) of Type II clusters increase continuously from as-quenched to aged samples, while the number density (Nv) increases in 400 °C aged sample and decreases in 450 and 500 °C samples. On the other hand, Nv and Vf of both Type I and Type III clusters decrease on aging. This work clearly suggests that on aging, Type II clusters, which are close to M2C stoichiometry, become most stable, which may eventually either become M2C precipitates upon prolonged aging or act as potential nuclei for the precipitation of equilibrium M2C precipitates.
Distinguished by a marked combination of high strength and high fracture toughness, 18Ni-300 maraging steel (MS) is widely used for intricate tool and die applications. MS is also amenable to the powder bed fusion additive manufacturing process, providing unique opportunities to make small features and incorporate cooling channels in molds. In this study, tensile test samples were fabricated using selective laser melting to investigate the effects of built height and orientations on the evolution of the microstructure and the mechanical properties of the samples. The microstructure of the as-fabricated samples consists of the primary α-martensite phase and fine cellular microstructure (~0.66–0.83 μm) with the retained austenite γ-phase aggregated at the boundaries of the cells, resulting in an enhanced mechanical performance compared with traditional counterparts under the same condition (without post-heat treatments). Random grain orientations with weak textures are revealed in all samples. The XY-built samples display better tensile performance when compared to the Z-built samples due to the fine grain sizes and the retained γ phase. The bottom of the Z-built sample exhibits a higher hardness than other parts of the sample, which could be attributed to its finer cellular structure.
This chapter discusses the fundamental role of shipping research when it comes to “redefining” freight rates, as well as key decision-making processes. Cognitive limits are becoming increasingly important, and these “shape” innovations, including when it comes to buying or selling ships.
Interfaces play critical roles in materials and are usually both structurally and compositionally complex microstructural features. The precise characterization of their nature in three-dimensions at the atomic scale is one of the grand challenges for microscopy and microanalysis, as this information is crucial to establish structure–property relationships. Atom probe tomography is well suited to analyzing the chemistry of interfaces at the nanoscale. However, optimizing such microanalysis of interfaces requires great care in the implementation across all aspects of the technique from specimen preparation to data analysis and ultimately the interpretation of this information. This article provides critical perspectives on key aspects pertaining to spatial resolution limits and the issues with the compositional analysis that can limit the quantification of interface measurements. Here, we use the example of grain boundaries in steels; however, the results are applicable for the characterization of grain boundaries and transformation interfaces in a very wide range of industrially relevant engineering materials.
Data-driven materials design informed by legacy data-sets can enable the education of a new workforce, promote openness of the scientific process in the community, and advance our physical understanding of complex material systems. The performance of structural materials, which are controlled by competing factors of composition, grain size, particle size/distribution, residual strain, cannot be modelled with single-mechanism physics. The design of optimal processing route must account for the coupled nature of the creation of such factors, and requires students to learn machine learning and statistical modelling principles not taught in the conventional undergraduate or graduate level Materials Science and Engineering curricula. Therefore, modified curricula with opportunities for experiential learning are paramount for workforce development. Projects with real-world data provide an opportunity for students to establish fluency in the iterative steps needed to solve relevant scientific and engineering process design questions.
Vaporizing foil actuator welding is a form of impact welding, which can be carried out without the use of chemical explosives. Operating at smaller length scales, but with similar driving pressures as explosive welding, vaporizing foil actuator welding is capable of welding a wide variety of advanced and dissimilar metal combinations. With negligible heating developing during the process, thermal distortion does not occur, and the base-metal properties are retained in the weld. In this article, vaporizing foil actuator welding of an automotive grade aluminum and steel pair is discussed. A currently functional and complete welding system that can be used for research as well as low volume production is also discussed.
Lightweighting of vehicles and portable structures is an important undertaking. Multimaterial design is required to achieve conflicting design targets such as cost, stiffness, and weight. Friction stir welding (FSW) variants, such as friction stir dovetailing and friction stir scribe, are enabling technologies for joining of dissimilar metals. This article discusses how FSW variants are capable of joining aluminum to steel in particular. The characteristics of metallurgical bonding at the dissimilar materials interface are strongly affected by weld temperature. Control of FSW process temperature enables metallurgical bonding with suppressed formation of intermetallics at the dissimilar materials interface, resulting in improved mechanical properties relative to competing techniques. Temperature control is thus a powerful tool for process development and ensuring weld quality of dissimilar materials welds.
The transportation sector is the largest contributor to greenhouse gas emissions in the United States. One method being used to reduce greenhouse emissions related to the transportation sector is improving vehicle fuel efficiency through mass reduction. Reducing the mass of on-highway passenger vehicles by 10% can result in vehicle fuel economy improvements of as much as 6–8% if the powertrain is downsized to maintain equivalent performance. Some of the materials being investigated and implemented to reduce passenger vehicle mass include advanced high-strength steel, aluminum, magnesium, and polymer composites. Additionally, multimaterial structures that allow for optimal combinations of lightweight materials to achieve maximum weight reduction with lowest cost and best structural performance have recently become of particular interest. However, assembling multimaterial structures can be challenging due to differences in melting temperature and coefficient of thermal expansion of different materials, as well as formation of intermetallic compounds and galvanic corrosion potential. Joining technologies for lightweight multimaterial structures must address these challenges to be successful. This article highlights advances made in five different joining techniques: nondestructive evaluation of resistance spot-welded aluminum to steel, modeling of structural adhesives, temperature control of friction stir welds, ultrasonic welding of magnesium, and vapor foil actuation welding.
This paper aims at understanding the texture evolution in extruded oxide dispersion strengthened 18Cr ferritic steel during high-temperature uniaxial compression testing at 1,423 K at a strain rate of 0.01/s based on extensive electron back scatter diffraction characterization. The α-fiber texture is observed along the extrusion direction (ED) in the initial microstructure. The flow curves generated during uniaxial compression test are used to determine the associated hardening parameters. In addition, the degree of texture evolution after deformation along the ED and the transverse direction (TD) with respect to the initial condition has been predicted using VPSC-5 constitutive model. The prediction shows that the deformation along the ED produces a dominant γ-fiber texture in contrast to the TD. This is in agreement with the experimental results where γ-fiber texture is observed, due to enhanced dynamic recrystallization at high-temperature deformation.
In this research, in situ high-temperature electron backscattered diffraction (EBSD) mapping is applied to record and analyze the migration of the α/γ interfaces during cyclic austenite–ferrite phase transformations in a medium manganese steel. The experimental study is supplemented with related 3D phase field (PF) simulations to better understand the 2D EBSD observations in the context of the 3D transformation events taking place below the surface. The in situ EBSD observations and PF simulations show an overall transformation behavior qualitatively similar to that measured in dilatometry. The behavior and kinetics of individual austenite–ferrite interfaces during the transformation is found to have a wide scatter around the average interface behavior deduced on the basis of the dilatometric measurements. The trajectories of selected characteristic interfaces are analyzed in detail and yield insight into the effect of local conditions in the vicinity of interfaces on their motion, as well as the misguiding effects of 2D observations of processes taking place in 3D.