Turkish steel industry is in the doldrums
Tuesday, 02 April 2019
The Turkish steel industry has been stormed by political and economic policies implications Turkey is the eighth largest steel producer and the 10th largest exporter in the world. Turkish crude steel production decreased by 12.5% year-on-year in February 2019, and reached 2.64 million tonnes, according to the Turkish Steel Producers Association (TCUD). The production was
- Published in Steel
Steel slab prices direction impacted by CSN, Gerdau, NLMK and Vale
Friday, 22 March 2019
Slab prices are not fully out of the woods Slab prices direction has been changing for a while now. Despite relatively low demand in the Asian markets and high stock in the US, slab prices once again took a different path in a direction away from where market fundamentals were supposed to be heading. So
- Published in Steel
Automotive industry seeks high profits and sales growth
Monday, 11 March 2019
Automotive industry profits and sales are affected by key global events Most major global automakers have announced some plant closures and relocations recently. Most of the shifts are expected to be around North America. With the fear of falling automotive industry profits companies are relocating their businesses. In the US, General Motors (GM) is closing
- Published in Automotive
Trump tariffs are getting relaxed for the steel market
Friday, 01 March 2019
Steel tariffs are impacting steel prices It all started with a tough stance of shielding the US steel industry with a 25% tariffs on the US steel imports. It was tough enough that most US steel mills rushed to replenish their stocks which resulted in sending the US steel prices to its zenith. Overwhelming
- Published in Steel
Indian stainless steel imports from Indonesia soared
Friday, 01 March 2019
A recent development in the Indian stainless steel imports The recent upsurge in stainless steel capacity in Indonesia, mainly by the Chinese stainless steel manufacturers, resulted in rising in Indian stainless steel imports. The Indian Stainless Steel Development Association has already asked the government to impose anti-dumping duties on imports of stainless steel flat products
- Published in Steel
Mobile World Congress provided some breathing space for Huawei
Friday, 01 March 2019
The US espionage claims and Mobile World Congress 2019 Huawei has been in hot water since the US espionage claims over the company equipment. There is some renewed pressure as 12 US senators have now asked the government to ban Huawei solar invertors in the US. It was also expected that Mr Trump might issue
- Published in Telecom
Why SpaceX preferred stainless steel 300 over lightweight materials?
Friday, 01 March 2019
Why was stainless steel 300 series used in Starship? SpaceX, a US-based private aerospace manufacturer and space transportation services company, has used stainless steel 300 series in its new Starship. There are other relatively lighter materials such as aluminium and carbon fibre which could be substituted. However, SpaceX opted for stainless steel for various reasons
- Published in Steel
HTC Exodus 1 adds new blockchain smartphone features
Wednesday, 27 February 2019
HTC has announced to add new blockchain smartphone features in its mobile phone, Exodus 1. It is adding about 20 new apps to enhance blockchain applications. It has released the Zion Key Management API to selected partners. Partnering with Opera it will use the API with its web browser and built-in Zoin wallet to
- Published in Telecom
Samsung uses Enjin blockchain technology. Google and Apple may follow
Monday, 25 February 2019
Blockchain technology is making its inroads to the smartphone and telecom industry. Samsung and Enjin have seemed collaborated with each other for launching of Enjin blockchain wallet in Samsung S10 as a built-in feature for sending and receiving cryptocurrencies. Commodity Inside has already analysed about Samsung blockchain applications. Enjin wallet is currently available for iOS
- Published in Telecom
Blockchain technology progresses across key industries notably telecommunication
Thursday, 21 February 2019
We have seen significant progress towards developing the blockchain technology in recent weeks. Financial institutions and governments which were initially the main opponents have now turned out to be the leading proponents of the blockchain technology. The research on blockchain applications has now started spreading across almost all industries and supported by leading multinationals and
- Published in Telecom