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Manufacturing

Essar Steel fate yet to decide

Domestic major steel player Essar is under IBC proceedings since last 2 years. The decision of NCLAT came on 5 july cleared the bid of 42000 crore of arcelor mittal group.  But its financial lenders like SBI are not happy with the decision and planning to go for Supreme court as per a banking executive. The Ruias resolution plan of 54000 crore is looking more promising to lenders as they get entire share of their loan amount. Where as company is now performing well as they posted 1120 crore operating profit in april- june quarter which is 2.5% increased from the same quarter in last year despite price downfall in steel sector. The company is under resolution professionals and performing well by improving their product mix, Now the company is managing cash flow for their entire operations and not taking any kind of loan. But the fate is still to decide of this 10mt capacity major steel giant group. 
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Domestic major steel player Essar is under IBC proceedings since last 2 years. The decision of NCLAT came on 5 july cleared the bid of 42000 crore of arcelor mittal group.  But its financial lenders like SBI are not happy with the decision and planning to go for Supreme court as per a banking executive. The Ruias resolution plan of 54000 crore is looking more promising to lenders as they get entire share of their loan amount. Where as company is now performing well as they posted 1120 crore operating profit in april- june quarter which is 2.5% increased from the same quarter in last year despite price downfall in steel sector. The company is under resolution professionals and performing well by improving their product mix, Now the company is managing cash flow for their entire operations and not taking any kind of loan. But the fate is still to decide of this 10mt capacity major steel giant group. 

Source: https://steelgyan.blogspot.com/2019/07/essar-steel-fate-yet-to-decide.html

Manufacturing

What is a good LED light diffuser? Similar to the ring on Amazon Echo

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There are a number of resin grades available with “diffusion additives.” The acrylic based ones tend to look best… and these are often available in sheet or pellet form. Diffusion is available in other resin types that may be required for your product for durability or regulatory reasons.

There are also diffusion films that have a surface texture to aid diffusion that help with clear plastic… but diffusion in the bulk resin generally looks better.

Source: https://old.reddit.com/r/manufacturing/comments/ji77jh/what_is_a_good_led_light_diffuser_similar_to_the/

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Manufacturing

Smart preventive maintenance using machine learning?

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Hello, I am trying to learn more about how small scale manufacturers handle their preventive maintenance. Do they run CMMS or EAM softwares? How is small manufacturer adapting to new technologies for maintenance ?

I am trying to design a product that will be connected to manufacturing equipment, collects data and notifies technician when fault occurs, and using machine learning it can provide smart preventive maintenance schedules

Will appreciate any thoughts and feedback. Looking to get honest opinion

Thank you

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Manufacturing

Find a premium manufacturer of computer hardware – Mouses and Mousepads

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Hi Guys, I am looking for premium manufacturers of mousepads and mouses. Apart from alibaba what are good sources to find them ?

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