Indonesian steel market

According to Indonesian Iron and Steel Industry Association, Indonesia’s steel consumption is expected to rise 50,3%: from 15,1 million mt in 2018 to 22,7 million mt in 2024. Most of the demand will come from the country’s construction sector which accounts for about 78% of steel consumption annually. About 40%...

The rental market for construction equipment is expected to reach USD 121.6 billion by 2024

The rental market for construction equipment is estimated at USD 98,6 billion in 2019 and is expected to reach USD 121,6 billion by 2024. North America and Europe should drive the growth of the rental market for construction equipment. In particular, construction equipment is divided into: excavators backhoes shovels unloaders crawler...

Solar and wind energy will end 2019 at its best

Solar and wind energy are experiencing the best year of the last 4 years, this is what the International Energy Agency (IEA) says. In fact during 2019 will be installed 12% more renewable energy than in previous years. The boost of renewable energies was possible thanks to the boom of...

Steel industry and the environment impact

All the typical processes of the steel industry generate emissions to air. In fact today, there is an environment regulation, which set requirements to restrict emissions to air in the steel industry field. Diffuse emissions are mainly associated with material handling, stockpiling and transport activities. Fortunatly, the steel industry conducts...

Eastern India: the new steel hub

The steel use in India is set to grow and the Union Minister Dharmendra Pradhan has emphasised the need to ensure that Indian steel industry becomes cost effective, and work on new business models. The government aims to make eastern India a steel hub, in fact the steel industry has...

Tunnel Boring Machine market

With the development of industry and technology, the potential market for Tunnel Boring Machine (TBM) is still huge. Recently international manufactures of Tunnel Boring Machine (TBM) have cooperation with Chinese enterprises and China has become the world’s largest TBM manufacturer which occupied more than 64% of production in total in...

Cambridge researchers and SKA, the biggest radio telescope in the world

Cambridge Researchers have completed designing the Square Kilometer Array(SKA)’s “brain”, the biggest radio telescope in the world. This radio telescope will allow astronomers to supervise the sky in extraordinary details and in a quicker way. In 5 years the researchers realized 1 of 2 supercomputers that will run the massive...