According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in 2012 the European Union (EU) automotive sales declined by 8.2 percent year on year, ...
Tags: Automotive, EURFOER, car exports
German automotive manufacturer Daimler has acquired 12% stake in the passenger car unit of its Chinese partner Beijing Automotive Group (BAIC) for $875m. The acquisition will help the company in expanding presence in the world's biggest ...
Tags: Daimler, automotive manufacturer, BAIC
On Tuesday, West Chester, Ohio-based flat rolled steelmaker AK Steel reported a net loss of $230.4 million for Q4, following a $60.9 million net loss in Q3 and a $193.9 million loss in Q4 2011. This was AK Steel's sixth consecutive ...
Tags: AK Steel, flat rolled steelmaker, steel
GaAs solar material maker Alta Devices boasts solar cells with an efficiency of 28.8%, but perhaps even more astonishing is the fact it can produce GaAs cells that are only 1-micron thick, which opens up the possibility of a whole new field ...
Tags: GaAs, solar material maker, Alta Devices, solar cells, lightweight
Germany-based injection molder Grammer is planning to set up a new production plant in the North American Free Trade Agreement (NAFTA) automotive market. The company expects the automotive business in the NAFTA region to be favorable with ...
Tags: Germany, Grammer, NAFTA, automotive market
The Economic and Information Commission of the city of Chongqing in China has announced that Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co.Ltd(Baosteel)has signed a contract to establish an automotive steel sheet processing ...
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials-textiles, leather, industrial fabrics, and composite materials-is pleased to announce the appointment of Rikako Shinonaga as Managing ...
Tags: Lectra, leather, industrial fabrics, Ms Shinonaga, Managing Director, Japan
Sergei Kuznetsov has been CEO of both Severstal International and Severstal North America since July 2009.He joined Severstal in 2002 to head the business planning group created to acquire foreign assets and develop international ...
Tags: US, HDG price, steel price, automotive market
Nippon Steel&Sumitomo Metal Corporation and PT Krakatau Steel have agreed to conduct a detailed study to jointly launch a business for the manufacture and sales of automotive flat steel products in Indonesia. This will be done with a view ...
Tags: steel, Indonesia, high-grade automotive
The NSG Group has announced an investment of£4 million at its NGF EUROPE glass cord manufacturing site in St Helens,UK,with the creation of 24 new jobs.The site will become the first fully-integrated high tensile strength glass cord ...
Toyota will reclaim its title as the world's top-selling car maker in 2012 as it pulls away from General Motors and Volkswagen, who are locked in a fierce battle for second place. The Japanese manufacturing giant remains on track to ...
Tags: Toyota, Transportation, top-selling car
With the LED TV backlight market slowing, and the general lighting market yet to take off, LED makers are looking to all sorts of innovative ways to improve cost and performance to drive adoption — from disruptive new technologies to ...
Tags: LED Market, LED lighting
GF Automotive, a Corporate Group of Georg Fischer will further enlarge its existing plants in China and focus in Europe on its iron and aluminum die casting foundries. The aluminum sand casting business with two foundries in Friedrichshafen ...
Tags: iron ore price news, aluminum casting, casting mold, sand casting
If you are driving a car produced in North America, the steel inside of it likely was made by Gerdau Special Steel North America. Headquartered in Napoleon Township, the steel mill at 3100 Brooklyn Road and the company's other special ...
Tags: steel systems, structural steel, buy steel pipe, steel beam
Wired telecom is the hot market this year,says IC Insights followed by wireless,consumer,and automotive. The fastest growing chip markets 2012 are: 1.Wired Telecoms-app specific analogue 2.Wired telecom-special purpose logic/MPR ...
Tags: Wired telecom, market, IC, trends