In a groundbreaking move set to transform the metal 3D printing industry, Materialise and ArcelorMittal Powders have announced a strategic partnership to develop cutting-edge solutions that optimize laser powder bed fusion equipment and metal 3D printing strategies. The collaboration, formalized through a memorandum of understanding , brings together Materialise's expertise in 3D printing software and services and ArcelorMittal Powders' prowess in producing high-quality steel powders.
At the heart of this partnership lies the integration of Materialise's next-gen build processor and ArcelorMittal Powders' AdamIQTM range of steel powders, specifically designed for additive manufacturing applications. Build processors serve as the crucial link between 3D printers and data preparation software, streamlining the additive manufacturing process from design to print. Materialise's next-gen build processor stands out for its ability to support larger build volumes and more complex geometries compared to traditional build processors, empowering users to customize process parameters, streamline workflows, and accelerate printing speeds.
The synergy between Materialise's next-gen build processor and ArcelorMittal Powders' AdamIQTM steel powders is expected to yield significant improvements in setup and production speed, part quality, cost-efficiency, reproducibility, and repeatability. By leveraging these advanced printing solutions, the partnership aims to expand the applications and industries utilizing additive manufacturing, paving the way for both mass customization and large-scale production.
Aubin Defer, Chief Marketing Officer of ArcelorMittal Powders, emphasized the significance of this collaboration, stating, "Our collaboration with Materialise supports our vision that the key to success in additive manufacturing is about finding the right blend of digital instructions and steel powders to deliver the best balance of quality and productivity in an application. Whether developing new applications with new alloys or proving the feasibility of new designs for existing applications through steel additive manufacturing, Materialise offers us a formidable channel to bring build instructions straight to the heart of a 3D printer."
Udo Eberlein, Vice President of Software at Materialise, expressed his enthusiasm for the collaboration, stating, "Our collaboration with ArcelorMittal marks a significant milestone in advancing our shared vision. By enhancing processes and solutions, we aim to expand the applications and industries utilizing additive manufacturing. This partnership brings us closer to a future where 3D printing achieves its full potential, enabling both mass customization and large-scale production."
NYSE: MT
Current Price: $28.45
Change: +1.2%
Based on the technical analysis model, ArcelorMittal's stock is currently in an uptrend, trading above its key support levels and moving averages. The stock has recently broken through its 50-day moving average, indicating a bullish sentiment. The MACD indicator has crossed above the signal line, further confirming the positive trend. The stock is trading near its 61.8% Fibonacci retracement level of $29.00, which could act as a resistance level in the near term. The Bollinger Bands suggest that the stock is trading in the upper half of the band, indicating a potential overbought condition. However, if the stock continues to trade above the upper band, it may suggest a strong bullish sentiment. Overall, the technical analysis suggests that ArcelorMittal's stock is expected to maintain its upward momentum in the near term, with bullish sentiment prevailing in the market. The company's partnership with Materialise to enhance metal 3D printing capabilities may further contribute to the positive sentiment surrounding the stock.
