Applications of Blockchain Technology in the Energy Market
Thursday, 20 September 2018
Blockchain technology is an emerging IT-driven development supported by cryptography. The technology is considered one of the biggest transforming mechanisms expected to change the face of various industries in the coming years. Decentralisation is the main attribute behind the blockchain technology which is not only providing power to all market participants but also increasing the
- Published in Energy
Tata Steel reveals HIsarna technology to tackle environmental concerns in the steel industry
Monday, 10 September 2018
Tata Steel has introduced an environment-friendly steel production technology known as HIsarna. This technology is being tested at Tata Steel’s Ijmuiden site in the Netherlands. The current HIsarna pilot plant can produce around 60,000 tonnes of liquid iron annually. The HIsarna method is an iron manufacturing process in which liquid iron is directly produced by
- Published in Steel
E-hailing unveils a dark side of the business
Friday, 07 September 2018
The transport system is transforming which is benefiting ride-hailing the most. In addition, there are various factors which are responsible for boosting the growth in the ride-hailing market including increased comfort level, ease of access and reduced cost. The modern ride-hailing service is based on applications which require a smartphone to book a trip. Uber,
- Published in Automotive
Smart meters help energy companies in efficiency and support green energy
Friday, 31 August 2018
Smart meters in the residential sector are considered an important advancement in the energy sector. The use of smart meters is beneficial when it comes to controlling the energy use. It saves money by preventing the risk of error and estimated bills by providing real-time readings. The UK has been increasing its renewable power generation
- Published in Energy
Uber’s self-driving technology needs a better strategy to be on track
Thursday, 30 August 2018
Surrounded by controversies, Uber seems to be struggling with its autonomous vehicle technology business. Back in 2015, it established Uber’s Advanced Technologies Group (ATG) in Pittsburgh for developing autonomous driving technology for vehicles. It hired researchers particularly from the robotics department of Carnegie Melon University to speed up the development of autonomous technology. After just
- Published in Automotive
Autonomous Vehicle Suppliers Market 2018
Tuesday, 21 August 2018
The autonomous vehicle technology has been progressing with full speed. A huge sum has already been spent and much more in the pipeline to introduce driverless cars on roads. Currently, autonomous technology developers are racing to be the first to introduce the driverless technology. The first-move advantage is driving the speed towards L5 autonomy, which
- Published in Automotive
Global Steel Slab Market Outlook
Thursday, 16 August 2018
The reinstatement of the US sanctions is going to affect Iranian slab exports substantially. Consequently, the CIS producers, primarily Russian, will have a chance to regain market share in Europe and Asia. However, we expect that slab suppliers in Indonesia, Malaysia and Vietnam, which are relatively new and have excess supply than Japanese, would become
- Published in Steel
Airtel and Telecom Egypt joins hands for global submarine cable systems
Thursday, 16 August 2018
India’s Bharti Airtel and Egypt’s Telecom Egypt made a strategic partnership under which Airtel will get the right to use submarine cable networks of MENA and TE North. The network stretches from Cyprus to France via Egypt. The cable system connects different countries like Italy, Greece, Egypt, Saudi Arabia, Oman, India and Hong Kong, and
- Published in Telecom
The US doubles its tariffs on Turkish steel and aluminium products
Friday, 10 August 2018
Mr Trump has authorised to double tariffs on Turkish steel and aluminium exports to the US. The tariffs on aluminium are now increased from 10% to 20%, while it increased from 25% to 50% for steel. The announcement severely impacted the Turkish lira which has already been in turmoil. The currency has now plunged to
- Published in Steel
Implications of the US sanctions on the Iranian steel industry
Friday, 10 August 2018
On 6th July 2018, the US re-imposed the sanctions on Iran that have been suspended under the Joint Comprehensive Plan of Action (JCPOA) in 2015 known as Iran Nuclear Deal. The other countries that were part of the agreement are remaining committed to the deal. European countries especially the UK, Germany and France are showing
- Published in Steel