The first eight weeks of 2022 brought some good news for global supply chains – a gradual decline in container prices and slight improvements in congestion at major ports and inland terminals. But the conflict between Russia and Ukraine that…
The massive popularity of electric vehicles has boosted the demand for batteries, and also increased the demand for battery recycling. A large number of discarded batteries need to be recycled and treated, and there is plenty of development opportunities for…
Schaeffler is the first automotive Tier 1 supplier customer of H2greensteel worldwide. The agreement is a long-term purchase agreement and will be supplied in steel strips. The steel purchased by Schaeffler does not use fossil fuels in the production process…
Last Wednesday we took part in the BME Executive Roundtable and discussed the current supply chain crisis. As most of the procurement experts believe that we won’t go back to a pre-pandemic normal – we need to find new ways…
A silver lining brought by China Railway Express has boosted fragile supply chains in Eurasian countries and saved businesses in both China and Europe. Air, road, rail or sea, which method of shipment do you prefer and has that changed…
Since the beginning of this year, China’s automobile industry has faced multiple pressures such as core shortage, power restriction and rising raw material prices. However, China’s automobile industry seems to be facing new opportunities. Affected by the late start and…
In order to solve the problems of power shortage and new energy development, four provinces and regions in China have launched large-scale wind power photovoltaic projects since mid-October. According to the National Development and Reform Commission, these projects are situated…
Semiconductors are the brains of modern electronics, enabling highly advanced technologies in healthcare, communications, and computing, among many other applications. Global semiconductor industry sales reached $43.6 billion in May 2021, up by 26.2% over the May 2020 total of $34.6…
The supply chain Grinch is likely to steal Christmas – our silver lining: freight trains between China and Europe! Many factors such as rising prices of raw materials, rising global freight rates and power rationing have affected the export of…
Supply chain woes have dominated headlines throughout the 2021 calendar year, with the ongoing global microchip shortage heavily impacting auto industry production. Now, there are rumblings that further issues may arise with a magnesium shortage in Europe. Europe could be…