San Diego Business Journal is a publication in the field of business and finance offering news and analysis about local business trends.
Baoshan Iron Steel Co., Ltd. is mainly engaged in the production of high-tech and high value-added premium steels. The Companys major products fall into three categories: carbon steel, stainless steel and specially-alloyed steel. The carbon steel products include hot rolled steel plate products such as hot rolled steel sheets/coils and wide heavy steel plates, among others; cold rolled steel plate products such as general cold rolled steel flakes, pot galvanizing, electro galvanizing, electro tinplate and others; steel tube products including seamless steel tubes and high frequency welded (HFW) pipes; steel wire products such as steel cords, high-quality spring steels and others; as well as steel billet products. The stainless steel products include hot rolled and cold rolled stainless steel products. The Companys products are used in industries such as manufacturing, home electric appliance, petrochemical, machinery manufacture, transportation and architecture. Industry trends and drivers have a direct or indirect affect on IT spending of all companies operating within an industry. For example - increase in sourcing from low cost countries might influence Baoshan Iron Steel to relook at their supply chains, resulting in selling opportunities for SCM solutions, collaboration tools etc. Thus, we can conclude that industry spending on any particular IT product or service is an important indicator of the criticality of that product or service for the industry. Based on the IT spend information available in TechNavio, we have computed a criticality score for various IT products and services, for Baoshan Iron Steel. Various company level developments and events are important indicators of selling opportunities and drive the sales of IT products and services. For example - an acquisition by Baoshan Iron Steel might result in opportunities for IT migration and integration services. By tracking these sales drivers (using TechNavio), we have arrived at a demand score for each product and service. Through an in-depth analysis of industry trends and drivers and company level developments and events, we have made the IT Selling Opportunities Map for hardware, software and IT services for Baoshan Iron Steel. These maps have been divided into four zones representing Level I, Level II and Level III opportunity areas. Level I opportunity areas have the highest scores and hence, there is a high probability that Baoshan Iron Steel will buy these products and services. Level II opportunity areas have lower scores and hence, lower probability to sell to Baoshan Iron Steel Level III opportunities have the lowest scores and hence, unlikely to sell to Baoshan Iron Steel.
In the quest for more environmentally
friendly automobiles, global steel companies have aims to reinvent the
steel automobile body.
As the consensus builds for comprehensive reductions in greenhouse gas
(GHG) emissions across international boundaries and industries, global
steel companies are reinventing the deployment of steel to reduce GHG
emissions, while still providing safe and affordable personal
transportation for an increasing mobile global society.
The International Iron and Steel Institutes automotive group,
WorldAutoSteel, today announced the Future Steel Vehicle project at the
United Nations Framework Convention on Climate Change conference in Bali.
Future Steel Vehicle will develop steel auto body concepts that address
alternative powertrains, such as advanced hybrid, electric, and fuel cell
systems. The goal of the research is the demonstration of safe, lightweight
steel bodies for future vehicles that reduce GHG emissions over the entire
life cycle.
At present, much effort is focused on reducing tailpipe emissions during
the driving life of vehicles. “From a total vehicle cradle-to-grave life
cycle perspective, steel is the most effective material for reduced
greenhouse gas emissions,” said Ian Christmas, International Iron and Steel
Institutes secretary general. “With this project, we will develop concepts
that should help automakers reduce GHG emissions over the entire vehicle
life.”
Future Steel Vehicle, a multimillion-dollar multiyear program, will consist
of three phases: Phase I Engineering Study; Phase II Concept Designs; and
Phase III Demonstration Hardware.
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