Crucible Industries declares Chapter 11 bankruptcy

[wocket]

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Erasteel already has three facilities that make powder in Sodorfors, Sweden.

Erasteel also already makes powder for Carpenter.
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My understanding is Crucible had been making powdered steel in-house till now. Carpenter has been outsourcing powdered steel to Europe.

[Deadboxhero]

Am I to understand that Crucible and Carpenter out source their powder process That they do not do it "in-house". That seems strange since I have watched the powdering process at Crucible a couple of times?

sal

According to Bob Shabala NSM, Carpenter imports powder for steel.

Carpenter's atomizing facilities for making powder are busy making more lucrative, non ferrous aerospace materials rather than steels.

[Deadboxhero]

...
Erasteel already has three facilities that make powder in Sodorfors, Sweden.

Erasteel also already makes powder for Carpenter.
...

My understanding is Crucible had been making powdered steel in-house till now. Carpenter has been outsourcing powdered steel to Europe.

Yes, also Carpenter gets their powder form a different source than Erasteel, I was incorrect.

I assumed it was Erasteel because the Carpenter powder also comes from Sodorfors, Sweden, but is a separate company/facility that is not disclosed.

[CDEP]

Hey @sal, my understanding is that Crucible made their own powder, but Carpenter outsources theirs to Erasteel.

Unless the new team who bought the Crucible plant fire up the crucibles and start making powder, all powder will now be made outside the US.

[sal]

Thanx much for the updates.

Thought I would throw this in.

Thanx Eric.

sal

[Jeb]

You go Mr. Eric , you sure got my vote and your getting my knife money's. That ain't anything to laugh at when you think of something like Chinese- MagnaCut, and if the Chinese are driving, what they would even sell us, they might decide they don't want us to even get their MagnaCut... We get scrap rebar!