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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According to a survey report, aluminium foil production in South Korea from 2006 to 2017 has been through several ups and downs. In 2006, South Korea’s aluminium foil production was at 118,275 tonnes which over the years faced an increase and decrease until it clock at 102,449 tonnes in 2017. The...
Aluminium industry in South Korea is lobbying against a Chinese aluminium major that is trying to enter the market on the back of the trade war with the USA. The aluminium major, Henan Mingtai Aluminum Industrial Co. is claimed to boast one of the world’s largest capacities in aluminium foil and...
Altech Chemicals published Quarterly Report for September 2018. The company organized the official ground breaking ceremony for Altech’s held at Johor HPA site during this quarter. The Australian High Commissioner and German Ambassador to Malaysia unveiled official opening plaque. The ceremony was...
Ulsan National Institute of Science and Technology (UNIST), South Korea has developed an electric vehicle (EV) battery technology that is more energy-efficient than gasoline-powered engines. The new technology allows replacement of battery packs instead of re-charging and can troubleshoot slow...
Altech Chemicals Limited recently participated in BATTERY OSAKA, a three-day international rechargeable battery exhibition held in Osaka, Japan from 26 to 28 September 2018. The company provided an update on the recent developments and the outlook for high purity alumina (HPA) demand in the...
Samsung with mighty pride announced the launch of a new gaming laptop Notebook Odyssey Z that comes with a brushed aluminium cover to give a premium look. Besides brushed aluminium cover, what make this laptop stand out are its sleek design, a LED-backlit keyboard, and customisable hotkeys....
The U.S. Commerce Department said on Wednesday that U.S. President Donald Trump approved targeted relief from quotas on steel and aluminium from some countries. The statement confirmed that Trump signed proclamations allowing relief for South Korea, Brazil and Argentina for steel and on aluminium...
New Zealand has been exporting a major chunk of aluminium alloy to Japan. The country’s export of aluminium alloy to Japan declined in 2017. Japan imported about 30501 tonnes of aluminium alloy in 2017, down 19 per cent from 37632 tonnes in 2016. New Zealand’s aluminium alloy export to Japan is...
South Korea imported US$ 44.3 billion worth of good in May 2018. The country also imports aluminium wire from the global market every year. Global trade data indicates that the country will import 41 per cent less aluminium wire in the first half of 2018, compared to the same period last year. The...
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 automotive sector is a major consumer of aluminium products. South Korea imported about 736338 tonnes of aluminium scrap from the global...
Australia's aluminium industry is a highly integrated sector of mining, refining, smelting and semi-fabrication centres. It has four major aluminium smelters- all operated by the biggest names in the global aluminium industry. Raw aluminium accounts for 19 per cent of the total exports of the...
The global aluminium foil market is poised to show strong growth for the next five years. Technavio's analysts forecast the global aluminium foil packaging market in food and beverages industry to grow at a CAGR of 5.58% during the period 2018-2022. South Korea’s exports of aluminium foils are...
Temporary exemptions from US imported aluminium and steel tariffs are about to come to an end on Tuesday, May 1, 2018. So, the Trump administration has decided to extend it to some of its allies, but not all, said Commerce Secretary Wilbur Ross in an interview in Washington on late Saturday, April...
Japan, a major exporter of aluminium scrap and automotive grade aluminium alloy scrap to the entire of South East Asia, exports considerable amount of aluminium scrap every year. Aluminium scrap export from Japan to South Korea increased in 2017. Aluminium scrap export from Japan to South Korea...
According to a BBC update, the European Union (EU) and six other countries will be exempt from steel and aluminium tariffs announced by President Trump, for the time being. Trade Representative Robert Lighthizer announced Mr Trump’s decision to "pause" the import duties temporarily for these...
South Korean furniture artist Wonmin Park presents his first solo show, Plain Cuts, at The Carpenter’s Workshop Gallery in Manhattan. The exhibition highlights new iterations from his 2013 Haze resin series marked by its textured and geometric designs. The collection was Park’s first exploration of...
The difference between Japanese and South Korea spot aluminium premiums has reached $20.50/mt, the widest on record since S&P Global Platts launched its South Korean premium assessment in July 2015. On Wednesday, the Japanese spot import premium was assessed at $102-$104/mt plus London Metal...
According to the latest import-export data published by China General Customs, China’s imports of alumina decreased 60.84 per cent YoY to 143,284 tonnes in December 2017. The country imported 2.86 million tonnes of alumina in 2017, down 5.31 per cent YoY. Image source: SMM China’s alumina imports...
