Strengths and Weaknesses of Modern PM Production Methods

Abstract

An attempt is made to explain the financial difficulties of the present day PM industry by a study of its ‘strengths and weaknesses’ which are decreasing or increasing these difficulties. Apart from the general business depression, attention is turned mainly to the lack of information about the mechanical properties of the products and the fact that prices are fixed by small firms, who are following the larger ones. These latter are forced to expand the market, and the cost of this expansion is not appreciated at its true worth. A few ideas are given to reduce costs in large firms. PM/0232