Hyundai Heavy Industries (HHI) and Magna E-Car Systems (Magna E-Car) have agreed to form a $200m joint venture (JV) to co-develop automotive Li-ion batteries. The new JV called MAHY E-CELL will be 60% owned by Magna E-Car, while HHI will ...
Tags: HHI, JV, lithium-ion battery
Lexus, a luxury vehicle division of Japanese automaker Toyota, has unveiled its new 2013 CT 200h hybrid compact car. The new compact car is powered by a 1.8litre petrol engine, which is paired with an electric motor to generate a total ...
Tags: Lexus, hybrid compact car, PCS
It has been over a year in the making but Chevrolet has become the first of nine manufacturers to integrate Apple's Siri personal voice assistant into its MyLink infotainment system,with the Spark and Sonic LTZ and RS to gain the feature ...
Tags: General Motors vehicles, Apple iPhone, Chevrolet, operating systems
Japanese carmaker Nissan has unveiled its prototype NSC-2015 self-driving electric car at the Combined Exhibition of Advanced Technologies (CEATEC) 2012 in Tokyo, Japan. The new prototype car, which is a modified version of Japanese ...
It is reported that the imported hot rolled coils (HRC) and cold rolled coils (CRC) from foreign countries such as China has driven the average selling price lower in Indonesian market. Consequently, the low selling steel prices have ...
Australian Wool Industries Secretariat Inc (AWIS) reported that the AWEX Regional Indicators finished 1.1% lower, on average, at sales in Sydney, Melbourne and Fremantle this week. The US exchange rate fell by 0.8%, taking the change in ...
Tags: wool market, wool industry, exchange rate
It is reported that Asian steel mills are in negotiations with the buyers for shipment next year. The major contracted prices are reportedly to be at the level of US$ 540/ton CFR. The Japanese mills have not completed al ...
Tags: contracted prices, CFR, Shipment, Asian steel mills
Recently, the transaction prices of the electric furnace (EF) killed wire rods have increased to NT$18,000/ton in the Taiwanese market, driven by surged scrap prices. In fact, the transaction prices of EF killed wire rods stayed at ...
As of November 23rd 2012, inventory of iron ore at thirty major ports in China amounted to 82.63 million tonne decreasing on WoW basis for a fourth successive week, down by 2.68 million tonne WoW and down 14.7 million tonne compared with ...
Tags: iron ore, iron ore inventory, inventory, mineral
The current-generation is likely to be the last,as the car's German manufacturer admits it is leaning towards a larger soft-top design for its future flagship convertible. Volkswagen head of design Klaus Bischoff told UK publication ...
Tags: Volkswagen Eos, larger soft-top convertible, car's German manufacturer
The market was slightly weaker at this week’s sale as demand conditions remain tough and the Cape Wools Merino indicator shed 0.8% compared with last week to close at R88.09/kg (clean). This is in line with the ...
Tags: Wool Prices, Wool market, Wool industry
1. Finished steel products output in Q3 2012 was 2,858,000 tonnes up 3% QoQ driven by higher production volumes of long products, flat cold rolled products and galvanized steel. 2. HVA steel products output in Q3 2012 was 1,276,000 tonnes ...
Tags: MMK Group, steel products, HVA
Venezuelan Construction Chamber (CVC) said that the Venezuelan construction industry is facing rebar shortage recently since the local steel mill Sidor cut production and another major mill Sidetur supplied most of its rebar to government's ...
Tags: Rebar, Rebar Shortage, Construction material
It's reported that Taiwan's export prices of large-size wire rods with diameters larger than 14mm hit the lowest level since this year in October. In fact, Taiwan's export prices of large-size wire rods had remained at around ...
Tags: Large-Size Wire Rod, Export Prices, Steel
Turkish petrochemical producer Petkim posted Tuesday a second consecutive increase in its list prices, industry sources said. It followed a similar announcement last week. Low density polyethylene and high density PE film prices were ...
Tags: company news, Polymer, LDPE