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...
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The US exports of aluminium scrap in June stood 9.66% higher than the same period last year. Exports came in at 159,000 tonnes in June 2019. On a month-on-month comparison, aluminium scraps exports dropped by 1.85% from May’s export volume of 162,000 tonnes, according to the latest report from US...
South Korea exported 31,500 tonnes of aluminium (crude metal and alloys, aluminium semi-finished products and scrap) to the US in the first five months of 2019, from 17,800 tonnes exported in the first five months of 2018. In May, total aluminium exports stood at 5,300 tonnes, up 244.16%...
Bumchun Precision will reportedly construct an aluminium battery terminals manufacturing facility in Hungary with an investment of EUR40.8 million (US$45.3 million). As per the report, Hungarian government is providing EUR8.13 million in funding towards the investment. The facility, to be built in...
South Korea's imports of aluminium including scrap from the US stood at 105,000 tonnes in the first four months of 2019, 31 per cent higher than the corresponding period of 2018. Imports were 27,300 tonnes in April as compared to 22,100 tonnes in April 2018. Aluminium semi-finished imports from the...
Following the recommendation from commerce ministry’s investigation arm Director General of Trade Remedies (DGTR), the Government of India may reportedly apply a provisional anti-dumping duty between US$ 28.67 per tonne and US$ 199.53 per tonne on imports of aluminium and zinc coated flat products...
The U.S. exports of aluminium scrap registered 170,000 tonnes in April 2019, according to the latest report from US Geological Survey. The export volume increased 14.09 per cent from 149,000 tonnes exported in April 2018. On a month-on-month comparison, exports increased 4.29 per cent from March’s...
Incat Crowther, a leading naval architect and engineering service specializing in catamaran and monohull designs, announced that it bagged a contract to design a 65-metre catamaran passenger ferry, tentatively named Dolphin 3. The ferry, to be built by Khan Co. Ltd. of Geoje-si with marine grade...
South Korea exported 19,600 tonnes of aluminium (crude metal and alloys, aluminium semi-finished products and scrap) to the US in the first three months of 2019, from 9,130 tonnes exported in the first three months of 2018, according to the latest Mineral Industry Survey report from US Geological...
The development of new and diversified packaging styles and high potential in emerging economies are found to provide a significant lead to the aluminium foil packaging market. The demand for aluminium foil in the packaging industry is expected to exceed 4 per cent in the years ahead. The...
According to the latest report from US Geological Survey, the U.S. exports of aluminium scrap increased from 143,000 tonnes in March 2018 to 163,000 tonnes in March 2019, which indicates a 14 per cent growth year-on-year. On a month-on-month basis, exports increased 9.4 per cent from February’s...
According to the latest report from US Geological Survey, the U.S. exports of aluminium scrap came in at 149, 000 tonnes in February. The figure was up 22,000 tonnes or 17.32% from February’s 2018 total of 127,000 tonnes. On a month-on-month basis, exports increased 6.43% from January’s export...
India has initiated an investigation into the alleged dumping of aluminium and zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP. JSW Steel Coated Products Limited, which accounts for more than 60% of the total production in India, had filed an application for...
According to the latest report from US Geological Survey, the US exports of aluminium scrap, which is not included in the government’s consumption statistics, came in at 1.76 million tonnes in 2018. The figure was up 190,000 tonnes or 12.1 per cent from 2017 total of 1.57 million tonnes....
Keeping in mind the space problem in almost every household, South Korean designer Jongha Choi has reportedly created a collection of space-saving, collapsible furniture yet again. This new range of furniture is comprised of stools and tables made from aluminium. The collection is called...
South Korea, one of the leading aluminium scrap importers in the world, imports aluminium scrap and recycles them for making aluminium alloys. The country’s estimated import volume registered a growth of 42855 tonnes or 6 per cent year-on-year in 2018. South Korea’s automotive sector is a major...
Seoul-based designer Jeonghwa Seo has once again proved that creativity knows no bound by furnishing a café and wine bar with an unfinished quality of cast aluminium, oak, and brass. Infusing a theme like furniture that celebrates the qualities of raw materials, Jeonghwa has custom-made the space...
Chinese battery firm GEM Co Ltd signed a memorandum of understanding with South Korean battery producer ECOPRO Co Ltd for the supply of 170,000 tonnes of raw materials from 2019 to 2023, Reuters reported. GEM said in a filing to the Shenzhen stock exchange today that the company will provide 16,000...
Primetals Technologies, an engineering and plant construction company for metals industry, has announced it received an order from from Ulsan Aluminum Ltd., a rolled aluminium producer, for the supply of new automation technology to the company's hot rolling mill and cold rolling mill no. 2 in...
