Security risks claims are dissipating though the future is still unclear for Huawei
Thursday, 21 February 2019
Huawei has been facing banning threats in major markets due to the US claims around the security risks. Initially, the US informed the members of Five Eyes (FVEY), a signal surveillance agency, comprised of Australia, Canada, New Zealand, the UK and the US about Huawei security risks. The US has hinted to ban Huawei equipment
- Published in Telecom
Global slab market update: Steel slab prices show volatility
Tuesday, 19 February 2019
The slab market has been passing through an uncertain period. Demand and supply fundamentals are changing while unconventional market forces are influencing prices. It has been a wild ride for slab prices in recent months. The recovery in slab prices seen in November 2018 was short lived. Prices started to fall drastically from December. In
- Published in Steel
Rigid plastic packaging demand in the food sector remains stable
Thursday, 14 February 2019
Food is the second largest end use sector for rigid plastic packaging behind beverages. Its share remained around 13.2% in the total rigid plastic consumption in 2018. Commodity Inside expects that growth in the food sector will remain stable over the next five years. The two biggest categories, pasta & noodles and meat & meat
- Published in Packaging
Steel tariffs supports the US steel industry but the future tends to be patchy
Wednesday, 13 February 2019
The US steel industry has seen some robust growth recently owing to 25% duties imposed last year by Trump administration. This has improved the financial position of steel producers. Nucor Corp, a major US steel producer, announced its net earnings of $383 million for the 4th quarter of 2018 with a 300% rise compared to the same
- Published in Steel
Blockchain technology has been making progress across various sectors including telecom
Wednesday, 13 February 2019
From start-ups to multinationals and now even public entities and even governments across the world working on exploring use cases of blockchain for various applications. There are dozens of countries which are currently working on blockchain in various sectors, including the telecom sector, which is the backbone for backchain viability. Singapore remained in the forefronts
- Published in Telecom
BSNL launches FTTH services
Wednesday, 13 February 2019
India’s state-owned telecommunication company, Bharat Sanchar Nigam Limited (BSNL), has launched its fibre to the home (FTTH) service known as Bharat Fiber. It is aiming to provide fast connectivity to its customers with additional features like IPTV with different types of contents such as HDTV, upcoming 3D TV and voice telephony services. One of the
- Published in Telecom
Opportunity Assessment of Blockchain Technology in the Telecom Industry
Wednesday, 06 February 2019
The telecom industry has been providing almost all the necessary infrastructure for the blockchain technology to operate. The technology itself is in a very nascent and untested stage, and there is no real-life example of its applications on a scale, except crypto business. Besides the finance industry, where cryptocurrencies storm the world, there is comparatively
- Published in Telecom
JFE to slash production due to maintenance issues
Tuesday, 05 February 2019
Japan’s JFE which is operating around eight blast furnaces across Japan, three of them are facing issues. This would result in a lost of 1.4 million tonnes of crude steel in total. Blast furnace No. 2 at the Kurashiki area, West Japan Works, is set for going back to a pre-banking level in early February
- Published in Steel
Japan expects increase in steel production this year
Tuesday, 05 February 2019
Crude steel production in Japan is expected to rise in 2019 which is to be driven particularly by construction activities ahead of the 2020 Tokyo Olympics, Japan Iron and Steel Association anticipates. Commodity Inside understands that depending on the hosting country such major events usually drive steel demand by constructing new stadiums as well as
- Published in Steel
Canada to decide the future of its provisional steel tariffs
Tuesday, 29 January 2019
Like many other key markets, steel imports have also been facing some tough times in Canada. There are provisional customs duties on the following CRC HS codes payable from on or after 23rd August 2018. 7209.15.00.00 7209.16.00.00 7209.17.00.00 7209.18.00.00 7209.25.00.00 7209.26.00.00 7209.27.00.00 7209.28.00.00 7209.90.00.00 7211.23.00.00 7211.29.00.00 7211.90.00.00 7225.50.00.00 These duties are imposed by the Canada Border
- Published in Steel