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#manufacturing

51 posts47 participants0 posts today

Europe's steel industry flattened by crisis.

Hit by new US tariffs, the European steel industry has been hit by falling demand and intensified competition from Chinese overproduction.

The viability of most steel plants across the continent is now at risk.

mediafaro.org/article/20250416

A steelworker works in one of the furnaces of a Thyssenkrupp Steel Europe steel mill in Duisburg, Germany, in May 2023. | ROLF VENNENBERND / DPA PICTURE-ALLIANCE VIA AFP
Le Monde · Europe's steel industry flattened by crisis.By Bastien Bonnefous
#Europe#EU#Steel

In 1999, Kevin Ashton coined “IoT” while at P&G, envisioning objects communicating data without human input. Using RFID tags, he laid the foundation for IoT, now a cornerstone of Industry 4.0. IoT powers smart factories, predictive maintenance, and real-time insights, revolutionizing manufacturing efficiency, safety, and adaptability. Ashton’s vision of connected devices reshaped industries, driving innovation in supply chains, energy, and worker productivity. #IoT #Manufacturing #Innovation

🇮🇳 INDIA
🔴 Trade War Opens Door for India

🔸 U.S. tariffs on China hit 145%, India's rate stays low at 27%.
🔸 Delhi eyes electronics, auto parts, textiles as strategic entry points.
🔸 Foxconn shifts iPhone output to India; $26B poured into local production.
🔸 But weak labor skills & reliance on China still a big hurdle.

#India#China#US

Honda considering moving some auto production out of Canada: Japanese report
A Japanese news outlet is reporting that Honda is considering moving some of its production out of Canada after U.S. President Donald Trump imposed a 25 per cent auto tariff last month, but Ontario Premier Doug Ford said the report is not accurate. 
#business #politics #trade #manufacturing #Canada #Ontario
cbc.ca/news/canada/toronto/hon

The #Republican #tariff insanity will fail. Not only will it drive up prices because AMERICANS pay the #TariffTax on everything they buy, but it will also fail to bring both #jobs and #manufacturing to the USA. New industrial parks take YEARS to build, especially considering new supply chains that they depend on, and no company is going to make that investment when #Trump is out in 4 years, the American economy tanks, and the next president will reverse it all.
#RepublicansAreTheProblem

Honda considering moving some auto production out of Canada: Japanese report
A Japanese news outlet is reporting that Honda is considering moving some of its production out of Canada amid the ongoing tariff threats from U.S. President Donald Trump — though automotive experts in Ontario said early Tuesday this may be contingency pl...
#business #politics #trade #manufacturing #Canada #Ontario
cbc.ca/news/canada/toronto/hon

Honda considering moving some auto production out of Canada: Japanese report
A Japanese news outlet is reporting that Honda is considering moving some of its production out of Canada amid the ongoing tariff threats from U.S. President Donald Trump — though automotive experts in Ontario said early Tuesday this may be contingency pl...
#business #politics #trade #manufacturing #Canada #Ontario
cbc.ca/news/canada/toronto/hon

Honda considering moving some auto production out of Canada: Japanese report
A Japanese news outlet is reporting that Honda is considering moving some of its production out of Canada amid the ongoing tariff threats from U.S. President Donald Trump — though automotive experts in Ontario said early Tuesday this may be contingency pl...
#business #politics #trade #manufacturing #Canada #Ontario
cbc.ca/news/canada/toronto/hon