What happens when an automaker starts building a business beyond cars? For Hyundai Motor Co., robotics is becoming a key part of that shift, with the company moving from using robots in its factories to developing, manufacturing and deploying them at scale. Hyundai is laying the groundwork to...
The overseas primary aluminium spot market remained subdued this week. Although limited restocking briefly improved trading activity in South Korea at the beginning of the week, the recovery was not sustained, and transactions weakened again from midweek. Elsewhere in Asia, the traditional...
Grow with
AL Circle
According to the US Geological Survey data for July 2021, the United States exported 45,600 tonnes of aluminium scrap to Malaysia. That was down by 2,000 tonnes or 4.20 per cent month-on-month from 47,600 tonnes. In May 2021, the exports to Malaysia stood at 42,000 tonnes, meaning the exports in...
The manufacturing sector has navigated South Korea’s expeditious economic development, switching it into a global industrial hub. The country is one the largest shipbuilding destination, fifth in car making, sixth largest steel producer and a billion-dollar surplus importer of aluminium scrap....
South Korea's imports of aluminium scrap from the US stood at 15,900 tonnes in June 2021, from 21,600 tonnes in June 2020, marking a decrease of 26.39% year-on-year. On a monthly basis, imports declined by 14.52% from 18,600 tonnes in May 2021, as updated by the US Census Bureau. For the first six...
Japan ranks as the world's third-largest automobile manufacturing nation and is also recognized as the largest electronics goods industry. However, the major Japanese export industries comprise automobiles, consumer electronics, computers, semiconductors, and iron and steel. Furthermore, the...
The South Korean economy inflated at the fastest annual pace in a decade during Q2, accredits to a pick-up in private consumption, though a resurgence of COVID-19 casts doubts over the outlook for growth for the rest of the year, as reported by Reuters. Data from the Bank of Korea revealed that...
As reported by a railway official, Indian Railways (IR) is anticipated to receive its first batch of aluminium-bodied coaches by February 2022. In a technological transpose for railways, the Raebareli based Modern Coach Factory (MCF) is considering manufacturing aluminium coaches. However, the...
South Korea's imports of aluminium scrap from the US stood at 18,600 tonnes in May 2021, from 22,300 tonnes in May 2020. That marked a decrease of 17% year-on-year. On a monthly basis, imports declined by 15% from 21,900 tonnes in April 2021, as updated by the US Census Bureau. For the first five...
On 15th July 2021, South Korea's Ministry of Industry stated that the nation's aluminium and steel sectors are expected to be counter trouble from the European Union’s carbon border tax. The announcement from the ministry came a day after the EU declared its intention to implement the Border Carbon...
Novelis plant in Yeongju, Korea, has bagged the ASI Performance Standard certification for recycling, re-melting, and manufacturing of aluminium coil and sheet activities. This news came after Aluminium Stewardship Initiative announced that it successfully certified Novelis Korea Limited plant at...
South Korea's imports of aluminium scrap from the US stood at 21,900 tonnes in April, with a year-on-year decrease of 9%. South Korea had imported 24,100 tonnes in April 2020. On a monthly basis, imports increased by 11% from 19,700 tonnes in March 2021, as updated by the US Census Bureau. South...
The world’s largest producer of low-carbon aluminium, En+ Group in conjunction with its metal segment represented by RUSAL has published research showing the vital role low-carbon aluminium will have to play to avoid embedded emissions spiralling under Korea’s Carbon Neutral Strategy. The paper...
Ulsan Aluminum Limited has joined ASI as new Production and Transformation member, bringing the total number of ASI Members to 173. The company is a joint venture between Novelis and Kobe Steel. “Joining ASI and working to receiving ASI certifications for both the Performance Standard and the Chain...
The South Korean born global electronics giant, Samsung electronics’ Gulf arm launched a new initiative to promote sustainability and providing customers with an opportunity to safeguard the environment. Samsung in collaboration with the world's largest electronics recycler in Dubai, Enviroserve,...
South Korea remains the fourth largest economy in Asia and its growth is driven by exports of chips and electronics and a rise in investments. The governor of the Bank of Korea, Lee Ju-yeol said earlier in April that ‘mid-3%’ growth was very possible this year, up from a previous forecast for 3%...
South Korea's imports of aluminium scrap from the US stood at 19,700 tonnes in March 2021, a decrease of 28.36% from 27,500 tonnes in March 2020, as updated by the US Census Bureau. On a monthly basis, imports declined by 12% from 22,400 tonnes in February 2021. In the first quarter of 2021, South...
South Korea's imports of aluminium scrap from the US stood at 22,400 tonnes in February 2021, indicating a decrease of 5.49% from 23,700 tonnes in February 2020. On a monthly basis, imports declined by 2.18% from 22,900 tonnes in January 2021, as updated by the US Census Bureau. In the first two...
In March 2021, China’s aluminium wires and cables exports stood at 10,600 tonnes, reflecting a month-on-month decline of 4.1 per cent and year-on-year 61 per cent, found China customs data. The export value reached $27.374 million in the said month. In Q1 2021, China exported about 37,500 tonnes of...
The United States aluminium scrap exports to South Korea stood at 22,900 tonnes in January 2021, reflecting a month-on-month increase of 4,000 tonnes or 21.16 per cent. In December 2020, the US scrap exports to South Korea were 18,900 tonnes, down by 6,300 tonnes or 25 per cent from 25,200 tonnes...
