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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Tumi, the manufacturer of high-end luggage and travel bags, is advertising its Fall 2023 collection with a pop-up shop from 3 to 15 July at Seoul's Lotte World Mall Atrium (1F). The Fall 2023 Essentially Beautiful Pop-Up has a sculptural façade inspired by the forms of Tumi's 19 Degree Aluminium...
Thailand anticipates a 2 per cent growth in exports to South Korea this year to US$6.52 billion, aided partly by a tighter commercial engagement via a so-called mini-free trade agreement (mini-FTA) with the South Korean provinces of Gyeonggi and Pusan. Aluminium products, sugar, oil, rubber goods,...
In May 2023, the automobile industry in South Korea continued to demonstrate encouraging progress, as both production and sales displayed positive growth compared to the previous month and the corresponding period of the previous year. The month of May 2023 witnessed the combined automobile...
Aluminium, known for its versatility and widespread applications, is a crucial metal in various industries, from construction and transportation to packaging and aerospace. Understanding the demand for aluminium consumption across different countries provides valuable insights into their industrial...
Taha International Company for Industrial Services and Hwarim Tech, a South Korean company, have recently entered into a partnership to advance their cooperation in aluminium processing. Taha, a Netherlands-based multi-departmental solutions provider, specializes in innovative and affordable...
The growing demand for recycled aluminium for making beverage cans and other packaging to achieve sustainability has led to a significant rise in the United States aluminium scrap exports to different parts of the world. According to the last data revealed by US Census Bureau, the United States’...
Mechatherm International Limited, one of the major suppliers of aluminium casthouse equipment in the UK, celebrated its 50 years of business, a milestone occasion for the company. Mechatherm will host a gala dinner and the largest display stand in the United States at Aluminium USA in October to...
The leading South Korean aluminium foil producer, Dong-IL Aluminium Co., has reportedly accelerated its production capacity to cater to the ever-growing demand in the electric vehicle (EV) sector, especially in the United States and Europe. The company will supply more aluminium foil to local EV...
Samsung has recently launched a sturdy 4TB solid-state drive (SSD) called T7 Shield, which resembles an ATM card. The outside of the T7 Shield SSD is essentially made of aluminium that can be 100% recycled at the end of its life. The T7 Shield SSD though not bigger than an ATM card, can throttle a...
Glencore, the Swiss multinational commodity trading house, has unloaded more than 100,000 tonnes of aluminium at the LME-registered warehouses in the South Korean port of Gwangyang, as reported by one of the world's largest news agencies. Several buyers and consumers in the transport, packaging and...
Korean construction materials provider LX Hausys declared an active partnership with Reynaers Aluminium. The former would help the latter amplify its pace in penetrating the domestic aluminium window market. Reynaers Aluminium hailing from Belgium, is a state-of-the-art manufacturer of aluminium...
South Korean battery material maker Posco Future M has started constructing a domestic nickel-cobalt-aluminium (NCA) cathode facility with a 30,000 tonnes per year production capacity in Yeongil Bay. In the past, the company known as Posco Chemicals has plotted to invest 392 billion or US$299...
On February 7, 2023, the world's leading sustainable aluminium solutions provider and leader in aluminium rolling and recycling, Novelis , announced that it received the '2022 Supplier of the Year' award from Hyundai Motor Group at the auto maker's annual 'Partnership Day' held in South Korea on...
The South Korean multinational manufacturing conglomerate, Samsung ’s flag-bearer product line and when it comes to a trustworthy premium android experience, Samsung Galaxy S series has redefined the peak performance for millions. Galaxy S23 lovers are swooning over the recently-launched series...
The Austrian company Hammerer Aluminium Industries (HAI) and the Korean company LS Cable & System (LS C&S) have agreed to invest a combined 67.5 billion won ($53 million) in the creation of a joint venture that will begin producing battery cases and other EV components made of lightweight,...
This week, POSCO Chemical Company has intertwined in a ten-year supply agreement for essential materials required in Electric Vehicles (EV) battery cells with local battery producer Samsung SDI, as was reported by South Korean sources. POSCO Chemicals, a subsidiary of steel and chemicals firm Posco...
One of the world’s leading marketers of physical commodities, Glencore, has reportedly delivered 40,000 tonnes of Russian aluminium to the LME-approved warehouses in the South Korean port of Gwangyang, two sources familiar with the matter reported to Reuters. The addition of Russian metal to LME...
According to the US Census Bureau data, the United States aluminium scrap exports to the Republic of Korea or South Korea in September 2022 stood at 20,800 tonnes, registering a decline of 6.3 per cent month-on-month. However, in August, the exports increased sequentially by 14.43 per cent from...
