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Global Heat Treatment Market Size, Trends & Forecasts Report 2019-2023



Dublin, Aug. 21, 2019 (GLOBE NEWSWIRE) — The “Global Heat Treatment Market: Size, Trends & Forecasts (2019-2023)” report has been added to’s offering.

Global Heat Treatment Market: Size, Trends & Forecasts (2019-2023), provides analysis of the global heat treatment market, with detailed analysis of market size and growth, and segmentation of the industry. The analysis includes the market by value, by the process, and by the application. The report also provides the regional value of heat treatment market.

Heat treatment industry is very vast and can be classified on various verticals. Such as, on the basis of materials which requires the maximum heat treating methods (steel, copper, aluminum, cast iron and nickle), on the basis of process i.e. the method which is applied on the metal (annealing, normalizing, case hardening, hardening & tempering and others), on the basis of application i.e. the industries which are dominating in applying heat treatment in their production processes (aerospace, automobile, metalworking, construction, etc.) and lastly, on the basis of equipment’s (fuel-fired furnace, electrically heated furnace and others).

The global heat treatment market has increased at a significant CAGR during the years 2016-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The heat treatment market is expected to increase due to many growth drivers such as increasing demand for cnc-incorporated machine tools, escalating light vehicle production, increasing usage of vacuum heat treatment technology, etc. Yet the market faces some challenges such as the growth of global second-hand machine market, problems related to heat treatment processes, etc. Global heat treatment market is expected to observe some new market trends such as the growing influence of 3-D printing, the introduction of new sources of heat, etc.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global heat treatment market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Bodycote, Aalberts, Aterian Investment Partners (Bluewater Thermal Solutions) and Kennametal Inc. are some of the key players operating in the global heat treatment market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Key Topics Covered:

1. Executive Summary

2. Introduction
2.1.1 Heat Treatment: Meaning
2.1.2 Stages of Heat Treatment
2.1.3 Heat Treatment Industry: Synopsis
2.1.4 Heat Treatment Industry: On the Basis of Material
2.1.5 Heat Treatment Industry: On the Basis of Processes
2.1.6 Heat Treatment Industry: On the Basis of Application
2.1.7 Heat Treatment Industry: On the Basis of Equipment

3. Global Market Analysis
3.1 Global Heat Treatment Market: An Analysis
3.1.1 Global Heat Treatment Market by Value
3.1.2 Global Heat Treatment Market by Region
3.2 Global Heat Treatment Market: Process Analysis
3.2.1 Global Heat Treatment Market by Process
3.2.2 Global Case Hardening Heat Treatment Market by Value
3.2.3 Global Other Heat Treatment Market by Value
3.3 Global Heat Treatment Market: Application Analysis
3.3.1 Global Heat Treatment Market by Application
3.3.2 Global Automotive Heat Treatment Market by Value
3.3.3 Global Aerospace Heat Treatment Market by Value
3.3.4 Global Metal-Working Heat Treatment Market by Value
3.3.5 Other Heat Treatment Market by Value

4. Regional Market Analysis
4.1 North America Heat Treatment Market: An Analysis
4.2 Europe Heat Treatment Market: An Analysis
4.3 Asia Pacific Heat Treatment Market: An Analysis
4.4 Central & South America Heat Treatment Market by Value
4.5 Middle East & Africa Heat Treatment Market: An Analysis

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Demand for CNC-Incorporated Machine Tools
5.1.2 Escalating Light Vehicle Production
5.1.3 Increasing Usage of Vacuum Heat Treatment Technology
5.1.4 Digitalization Of The Heat Treatment Operations
5.1.5 Growth in Steel Production
5.1.6 Increase in Number of Civil Aerospace
5.1.7 Increase in Demand From Developing Countries
5.2 Challenges
5.2.1 Growth of Global Second-hand Machine Market
5.2.2 Problems Related to Heat Treatment Processes
5.3 Trends
5.3.1 Growing Influence of 3-D Printing
5.3.2 Introduction of New Sources of Heat
5.3.3 Application of Internet of Things (IoT) Concept

6. Competitive Landscape
6.1 Global Heat Treatment Market: Competitive Landscape
6.1.1 Global Heat Treatment Market by Player Analysis

7. Company Profiling

  • Aalberts
  • Aterian Investment Partners (Bluewater Thermal Solutions)
  • Bodycote
  • Kennametal Inc

For more information about this report visit

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Laura Wood, Senior Press Manager
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Trump Told Ukraine to Investigate Biden Eight Times in One Conversation – Fox News



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For any copyright, please send me a message. Earlier today, Donald Trump claimed that an apparently alarming conversation he held with the president of Ukraine, which reportedly resulted in a whistle-blower complaint deemed a matter of “urgent concern,” was “perfectly fine and respectful” and, in fact, “pitch perfect!” New reporting, however, suggests that’s not actually the case, unless urging another country to investigate your political rival’s son numerous times is now considered acceptable behavior by the president of the United States. (Given the GOP’s historic attitude toward Trump, it’s possible it is.) The Wall Street Journal reports that during a July phone call, Trump pressed Volodymyr Zelensky eight times to work with Rudy Giuliani to probe Hunter Biden’s ties to a Ukrainian gas company. It’s unclear how long the call lasted, but even if it was an hour long, that’s a lot of interrupting to say, Okay, but you really need to investigate this Biden situation. “He told him that he should work with [Mr. Giuliani] on Biden, and that people in Washington wanted to know” if the allegations (raised by Giuliani that former V.P. Joe Biden tried to shield the Hunter Biden-connected company from investigation) were true, said a person familiar with the matter. According to this person, Trump didn’t offer foreign aid to Ukraine during the call, and the person “didn’t believe Mr. Trump offered the Ukrainian president any quid pro quo for his cooperation on any investigation.” In June and August, Giuliani met with top Ukrainian officials about the possibility of a Biden investigation, despite a Ukrainian official saying earlier this year that there was no evidence of wrongdoing by either Joe Biden or his son. The former mayor’s August meeting, per the Journal, came just weeks before the Trump administration started reviewing the status of $250 million in aid to Ukraine, which was released to the country this month. While the acting director of national intelligence has thus far refused to send Congress the whistle-blower complaint, as the law says he is obligated to do, lawmakers are separately investigating if Trump or Giuliani tried to pressure the Ukrainian government to pursue investigations in an attempt to benefit Trump’s 2020 chances. On Thursday, Giuliani told Chris Cuomo that “of course” he told Ukraine to probe alleged wrongdoing by Joe Biden, later saying on Twitter that it’s the president’s “job” and not an abuse of power to pressure another country to investigate alleged “corruption” by his competition. If you would like to receive the Levin Report in your inbox daily, click here to subscribe. How are those trade talks with China going? Not great, Bob!Most PopularGood Help Is Hard To FindRudy Giuliani Is


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More signs emerging of an economic slowdown in Colorado, state forecasters warn – Canon City Daily Record




State economists are trimming their forecasts for economic growth and tax revenues after business spending and exports declined more than expected this summer.

But they aren’t calling for a downturn yet, given the continued strength in hiring and consumer spending.

“We are not forecasting a recession, but recession risks remain elevated,” Meredith Moon, an economist with the Colorado Legislative Council, (CLC) told members of the legislature’s Joint Budget Committee on Friday.

Trade tensions and slower growth abroad are weighing on economic activity in the U.S. and Colorado. Higher tariffs and a stronger U.S. dollar have contributed to a 6.4 percent drop in Colorado exports this year through July, Moon said in a quarterly briefing.

Some Colorado producers are getting hit much harder — wheat exports are down 56 percent year-to-date, corn exports are down 44.5 percent, and animal hide exports are off 38.4 percent.

Nor are consumers abroad drinking more Colorado alcohol to ease their worries. Beer exports from the state are down 37.4 percent and whiskey exports are off nearly 80 percent.

But compared to other states, Colorado’s economy is among the least dependent on exports, putting it in a better spot to weather a trade war.

“We have fairly limited exposure to foreign markets,” said Kate Watkins, chief economist with the CLC.

And the employment situation report from the Colorado Department of Labor shows continued hiring, with a robust 9,000 nonfarm jobs added in August versus July.

Hiring between June and August was revised higher from an initial estimate of 7,200 to 10,000, something that doesn’t line up with a contraction.

The state’s unemployment rate fell to 2.8 percent in August from 2.9 percent in July and 3.4 percent a year ago. Over the past year, Colorado has had one of the biggest percentage-point drops in its unemployment rate of any state.

A tight labor market is resulting in stronger wage gains and leaving consumers more confident about spending.

“The current economy is being driven by consumer spending,” said Luke Teater, deputy director at the Office of State Planning and Budgeting. “Consumer spending has been strong. We expect that to continue.”

And although home price gains are slowing, homeowners in Colorado continue to see some of the strongest home equity gains in the country, according to CoreLogic.

Only 1.75 percent of Colorado homeowners were behind on their mortgage in the second quarter, the best showing in the country, according to Black Knight, a real estate information provider.

But there are several risks. If business activity contracts, it is only a matter of time before hiring follows. A national manufacturing index showed its first decline since 2015 and short-term interest rates are lower than long-term rates, one of the most reliable indicators of a coming recession.

Home price appreciation is slowing in metro Denver, developers are adding fewer apartments and auto dealers are struggling to move as many cars and trucks as they did last year.

State forecasters don’t expect the brief spike in petroleum prices because of a bombing of Saudi oil facilities last weekend to be sustained. If demand globally continues to weaken, producers in the state, already struggling, will be hurt.

Last week, the city of Denver reported that sales tax collections rose at a 4 percent pace in the first half of the year compared to a 7 percent pace last year, linked to slower construction spending and fewer automobile purchases.

Slower economic activity has caused economists at both the CLC and OSPB to scale back their projections for state tax collections, although the two groups disagree on the amount.

The more optimistic OSPB forecast is expecting general fund revenues, after increasing 7.3 percent last fiscal year, to grow a tamer 4.1 percent this fiscal year.

The state is expected to collect $44.1 million less in its general fund this year than what was forecast in June, and $109.5 million less next year.

“The most likely scenario is a slowdown, not a contraction,” said Lauren Larson, budget director at the OSPB.

The CLC is projecting a $76.3 million drop in general fund collections this fiscal year versus what it estimated in June, and a $120.9 million haircut next year.

Surprisingly, the revenues collected last fiscal year, ended June 30, are coming in $76.1 million below the June forecast, according to the CLC.

In the state’s favor, the surplus due back to taxpayers under the Taxpayer Bill of Rights or TABOR will provide a cushion of sorts. If revenues continue to come in lower than expected, those refunds will disappear before spending gets cut.

Watkins said that much of the slow down appears to be centered in the areas that have enjoyed the strongest growth this decade, while other areas that struggled are still seeing an acceleration.

“We are seeing quite a bit of slowing in the Front Range, especially Denver,” she said. “There’s been a pick up in activity in other parts of the state.”

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The market rotation this month may have been driven by a technicality




A trader works at the New York Stock Exchange in New York.

Wang Ying | Xinhua News Agency | Getty Images

What exactly happened during the “once in a decade” stock market rotation earlier this month that rocked investors? It might’ve just been a one-off technical move and not based on fundamentals.

A huge rotation out of momentum into value names took place suddenly last week. Many read the phenomenon as a warning sign as stocks with superior growth have led the market’s bull run in recent years and said a rebound in interest rates was the catalyst. However, the reversal in momentum, which seemed to abate this week, could be explained by a sudden stop in tax loss harvesting, some on Wall Street said.

The idea is that investors often sell losing stocks to lower their tax bill from the capital increases, a technical move that’s quintessential of a momentum trade — chasing winners and dumping losers. The amount of such activity might have decreased significantly last week due to speculations the Trump administration would pass a bill to reduce capital-gain taxes, therefore reducing the incentive to sell their losers.

“It’s quite possible some of the dominant robo advisors could have assumed that the U.S. administration would indeed follow through with its proposal on Sept. 9, and decided to change their optimization to take this into account,” Barclay’s head of equity derivatives strategy Maneesh Deshpande said in a note on Wednesday.

President Donald Trump earlier this month floated a proposal to tie capital gains taxes to the inflation rate, which could lower the taxes investors pay on profits from selling assets. He eventually ruled out such a plan on Sept. 11. But the discussion around the proposal last week coincided with the change in stock leadership that shocked many investors.

Tax loss harvesters might have stopped selling losers and adding winners on the prospect that capital-gains taxes would go down, which could make tax loss selling less beneficial. Such a change could have caused the downturn in momentum due to less selling of falling stocks and less buying of rising names.

The amount of active tax loss harvesting has ballooned over the years as robo-advisers, which automatically allocate assets in a tax efficient way, gained popularity on Main Street. Robo-advisers now manage about $1 trillion assets, up from $240 billion in 2007, according to Barclays.

“Of course, it is also entirely possible that some other investors would have put on the trade in anticipation of such a proposal,” Deshpande said.

The iShares S&P 500 Value ETF hit its highest level since January 2018 on Sept. 11 as the rotation hit its pinnacle.

Value, cyclical companies with low prices relative to earnings and book values tend to be sensitive to economic growth. However, embracing the group without a material change in the economy doesn’t make a lot of sense, analysts warned.

“Absent an improvement in underlying economics, we believe that the recent shift in leadership is unlikely to persist,” Jonathan Golub, chief U.S. equity strategist at Credit Suisse said in a note Monday.

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