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		<title>service &#8211; Official POSCO Group Newsroom</title>
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            <title>service &#8211; Official POSCO Group Newsroom</title>
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				<title>Flying in Style: How Airports Accommodate an Influx of Passengers</title>
				<link>https://newsroom.posco.com/en/airports-accommodate-influx-passengers/</link>
				<pubDate>Tue, 20 Feb 2018 15:58:58 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[2016]]></category>
		<category><![CDATA[2018 PyeongChang Winter Olympics]]></category>
		<category><![CDATA[airport architecture]]></category>
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		<category><![CDATA[airport Passengers]]></category>
		<category><![CDATA[airport revenue]]></category>
		<category><![CDATA[airport steal beams]]></category>
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		<category><![CDATA[Airports]]></category>
		<category><![CDATA[american airports]]></category>
		<category><![CDATA[Brazil airport]]></category>
		<category><![CDATA[brazil carnival]]></category>
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		<category><![CDATA[cities]]></category>
		<category><![CDATA[city]]></category>
		<category><![CDATA[corrosion resistant]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[fat tuesday]]></category>
		<category><![CDATA[FIFA World Cup]]></category>
		<category><![CDATA[GRU]]></category>
		<category><![CDATA[Guarulhos International Airport]]></category>
		<category><![CDATA[ICN]]></category>
		<category><![CDATA[incheon airport]]></category>
		<category><![CDATA[Incheon International Airport]]></category>
		<category><![CDATA[korea airport]]></category>
		<category><![CDATA[Louis Armstrong New Orleans International Airport]]></category>
		<category><![CDATA[Mardi Gras]]></category>
		<category><![CDATA[Michael Bublé]]></category>
		<category><![CDATA[new orleans airport]]></category>
		<category><![CDATA[non-aeronautical revenue]]></category>
		<category><![CDATA[Passenger Terminal]]></category>
		<category><![CDATA[posco incheon airport]]></category>
		<category><![CDATA[posco steel]]></category>
		<category><![CDATA[Rio]]></category>
		<category><![CDATA[Rio Carnival]]></category>
		<category><![CDATA[Rio de Janeiro]]></category>
		<category><![CDATA[second passenger terminal]]></category>
		<category><![CDATA[seoul airport]]></category>
		<category><![CDATA[service]]></category>
		<category><![CDATA[steal beams]]></category>
		<category><![CDATA[steel airport]]></category>
		<category><![CDATA[steel airports]]></category>
		<category><![CDATA[steel buidling]]></category>
		<category><![CDATA[Summer Olympic Games]]></category>
		<category><![CDATA[Terminal 3]]></category>
		<category><![CDATA[Terminal 3 at Guarulhos International Airport]]></category>
		<category><![CDATA[traffic]]></category>
		<category><![CDATA[usa airport]]></category>
		<category><![CDATA[USD]]></category>
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									<description><![CDATA[By February, the last of the Christmas lights are down, Michael Bublé disappears for another year and new year&#8217;s resolutions are postponed to 2019. It]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">By February, the last of the Christmas lights are down, Michael Bublé disappears for another year and new year&#8217;s resolutions are postponed to 2019. It may seem as though the celebrations are over, but some cities around the world are just getting started with carnivals, festivals and events that draw thousands of people from all over the world. </span></p>
<p><span style="font-weight: 400;">It’s no easy task to prepare a city for such big-scale events, but it’s a great opportunity for host cities to boost their economy and make a lasting impression on visitors. For most, the airport will be their first impression of the city, so host cities have vamped-up their airports with the help of steel.  </span></p>
<p><span style="font-weight: 400;">Take a look at the airports expecting the most traffic in the beginning of the year:</span></p>
<h2><b>Guarulhos International Airport &#8211; Brazil</b></h2>
<p><span style="font-weight: 400;">Every year, from February 24 to 28, the people of Rio de Janeiro hold the Carnival, which unofficially lasts from the end of December to March in the form of hundreds of street parties called blocos. In 2017, more than </span><a href="http://riotimesonline.com/brazil-news/rio-business/brazil-registers-surge-in-2017-carnival-attendance/" target="_blank" rel="noopener"><span style="font-weight: 400;">1.1 million people</span></a><span style="font-weight: 400;"> showed up for the Carnival from all over the world and spent about </span><a href="http://time.com/4209973/carnival-brazil-rio-de-jeneiro/" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 782 million</span></a><span style="font-weight: 400;"> during their stay. The Guarulhos International Airport (GRU) is the busiest airport in Brazil, and traffic has tripled from </span><a href="http://www.airport-world.com/features/airport-design/5650-project-watch-sao-paulo-guarulhos-international-airport.html" target="_blank" rel="noopener"><span style="font-weight: 400;">12.9 million people in 2004 to 39.5 million in 2014</span></a><span style="font-weight: 400;">. To accommodate the growing number of passengers, the airport has undergone several additions and renovations in the past couple of years. </span></p>
<div id="attachment_13790" style="width: 970px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Terminal-3.jpg" target="_blank" rel="noopener"><img class="wp-image-13790" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Terminal-3-1024x683.jpg" alt="A bird’s eye view of Terminal 3 at Guarulhos International Airport." width="960" height="640" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Terminal-3-1024x683.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/Terminal-3-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/Terminal-3-768x512.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/Terminal-3.jpg 1200w" sizes="(max-width: 960px) 100vw, 960px" /></a><p class="wp-caption-text">Terminal 3 at Guarulhos International Airport opened in 2014 ahead of the FIFA World Cup. (Source: <a href="http://www.passengerterminaltoday.com/viewnews.php?NewsID=58783" target="_blank" rel="noopener">Passenger Terminal Today</a>)</p></div>
<p><span style="font-weight: 400;">Ahead of the 2014 FIFA World Cup, GRU built the 192,000 square-meter Terminal 3 to increase its passenger capacity by 12 million, bringing up the total capacity to </span><a href="http://www.airport-technology.com/projects/so-paulo-guarulhos-international-airport-terminal-3/" target="_blank" rel="noopener"><span style="font-weight: 400;">42 million</span></a><span style="font-weight: 400;">. Terminal 3 consists of 2 main buildings made up of 40 metal modules weighing 70 tons each, held together by concrete pillars. </span></p>
<p><span style="font-weight: 400;">Then, in 2016, Terminal 2 was renovated ahead of the Summer Olympic Games to fit modern airport standards. With a budget of USD 50 million, architects took existing facilities that were close to 30 years old and rebuilt them into the modernized Terminal 2. The new terminal now accommodates plenty of retail space and a massive food court, and </span><a href="http://www.airport-world.com/features/airport-design/5650-project-watch-sao-paulo-guarulhos-international-airport.html" target="_blank" rel="noopener"><span style="font-weight: 400;">non-aeronautical revenues make up 51 percent of the airport’s entire revenue</span></a><span style="font-weight: 400;">. </span></p>
<p><span style="font-weight: 400;">It seems the airport, and the city, made a lasting impression as last year, over </span><a href="http://riotimesonline.com/brazil-news/rio-business/brazil-registers-surge-in-2017-carnival-attendance/" target="_blank" rel="noopener"><span style="font-weight: 400;">94 percent of tourists that took part in a survey</span></a><span style="font-weight: 400;"> said they would make another trip to the city and over 91 percent responded they would recommend Rio to their friends. </span></p>
<h2><b>Louis Armstrong New Orleans International Airport &#8211; USA</b></h2>
<p><span style="font-weight: 400;">The Louis Armstrong New Orleans International Airport (MSY) is another airport that sees millions of visitors every year during the month of February. Mardi Gras, or Fat Tuesday, landed on February 13 this year, marking the end of a month-long celebration. It’s basically the American version of the Rio Carnival, and social crews or Krewes organize different parties all over town. The event draws about </span><a href="https://edition.cnn.com/2013/08/14/world/mardi-gras-fast-facts/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">1.4 million participants</span></a><span style="font-weight: 400;"> on average. </span></p>
<div id="attachment_13789" style="width: 970px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/North-Terminal.jpg" target="_blank" rel="noopener"><img class="wp-image-13789" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/North-Terminal.jpg" alt="What the North Terminal will look like upon completion." width="960" height="392" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/02/North-Terminal.jpg 966w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/North-Terminal-800x326.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/North-Terminal-768x313.jpg 768w" sizes="(max-width: 960px) 100vw, 960px" /></a><p class="wp-caption-text">The Louis Armstrong New Orleans International Airport’s North Terminal is scheduled for completion in 2019. (Source: <a href="http://www.atkinsglobal.com/en-gb/projects/louis-armstrong-new-orleans-intl-airport" target="_blank" rel="noopener">Atkins</a>)</p></div>
<p><span style="font-weight: 400;">Starting in 2016, MSY is working to complete a 972,000 square-foot North Terminal by February 2019. The project will cost about USD 1 billion to construct. When finished, the new terminal will include 35 new gates, a massive parking garage for 2200 cars as well as a central utility plant. </span></p>
<p><span style="font-weight: 400;">Besides increasing the passenger capacity, the project created about </span><a href="http://www.nola.com/traffic/index.ssf/2017/11/airport_terminal_construction.html" target="_blank" rel="noopener"><span style="font-weight: 400;">64,000 jobs and generated USD 6.4 billion in local spending and USD 2.4 billion in local earnings</span></a><span style="font-weight: 400;">. The project is also responsible for tons of steel consumption in the form of beams, bars and panels. On November 17, 2017, workers erected a </span><a href="http://www.nola.com/traffic/index.ssf/2017/11/airport_terminal_construction.html" target="_blank" rel="noopener"><span style="font-weight: 400;">steel beam at the highest elevation</span></a><span style="font-weight: 400;"> of the new terminal, signaling the project will most likely be completed on schedule. </span></p>
<h2><b>Incheon International Airport &#8211; Korea</b></h2>
<p><span style="font-weight: 400;">It’s not every year Korea gets thousands of visitors in the month of February, but as the host for the 2018 PyeongChang Winter Olympics, Incheon International Airport (ICN) is bustling with passengers. Global passenger flights were up </span><a href="http://money.cnn.com/2018/02/07/news/olympics-winter-pyeongchang-south-korea-travel/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">15 percent</span></a><span style="font-weight: 400;"> this year compared to last year, and up </span><a href="http://money.cnn.com/2018/02/07/news/olympics-winter-pyeongchang-south-korea-travel/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">24 percent in the U.S.</span></a><span style="font-weight: 400;"> alone. In Vietnam, bookings were up </span><a href="http://money.cnn.com/2018/02/07/news/olympics-winter-pyeongchang-south-korea-travel/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">550 percent</span></a><span style="font-weight: 400;"> from the previous year, the Philippines saw a </span><a href="http://money.cnn.com/2018/02/07/news/olympics-winter-pyeongchang-south-korea-travel/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">200 percent </span></a><span style="font-weight: 400;">increase and Canadians booked</span><a href="http://money.cnn.com/2018/02/07/news/olympics-winter-pyeongchang-south-korea-travel/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;"> 40 percent more flights</span></a><span style="font-weight: 400;">, all in time for the 2018 Winter Olympics. </span></p>
<div id="attachment_13788" style="width: 970px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/ICN-Terminal-2.jpeg" target="_blank" rel="noopener"><img class="wp-image-13788" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/ICN-Terminal-2-1024x572.jpeg" alt="A bird’s eye view of Incheon International Airport." width="960" height="536" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/02/ICN-Terminal-2-1024x572.jpeg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/ICN-Terminal-2-800x447.jpeg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/ICN-Terminal-2-768x429.jpeg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/ICN-Terminal-2.jpeg 1600w" sizes="(max-width: 960px) 100vw, 960px" /></a><p class="wp-caption-text">Incheon International Airport’s second passenger terminal opened on January 18, 2018. (Source: <a href="https://medium.com/metaphorical-web/building-a-smart-data-hub-f87c5c1b2fb9" target="_blank" rel="noopener">Medium)</a></p></div>
<p><span style="font-weight: 400;">To greet the growing number of passengers, ICN completed its second terminal earlier this year using POSCO’s 446M steel. The same type of steel was used to build the first passenger terminal in 2001, but this time, architects decided to apply a special process called Bead Blast to create a rough texture on the roof of the terminal to minimize reflectivity as it can interfere with sight during take-off and landing. The steel also contains high amounts of chromium (26%) and molybdenum (2%), making it extra corrosion resistant. </span></p>
<p><span style="font-weight: 400;">As the #1 ranked airport in service quality for the last 10 years, ICN will now be able to service more passengers, </span><a href="https://www.airport-technology.com/projects/incheon-international-airport/" target="_blank" rel="noopener"><span style="font-weight: 400;">72 million to be exact, and 5.8Mt of cargo</span></a><span style="font-weight: 400;"> every year.</span></p>
<p><b>SEE ALSO: </b><a href="https://newsroom.posco.com/en/stainless-steel-adds-strength-beauty/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><b>POSCO’s World Premium Stainless Steel Products, Preferred Option for Strength and Beauty</b></a></p>
<p><span style="font-weight: 400;">Airports play a central role in the tourism industry of its respective country, and the national economy as a whole. Steel continues to be the most widely-used construction material for the building and renovation of bustling airports around the world, and will continue to help cities make a lasting impression on all its visitors. </span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of <a class="_ZR irc_hol i3724 irc_lth" tabindex="0" href="http://www.wilmotte.com/en/project/128/Incheon-International-Airport" target="_blank" rel="noopener" data-ved="0ahUKEwiagtrwtbPZAhXCJJQKHeckCYYQjB0IBg" data-noload=""><span class="irc_ho" dir="ltr">Wilmotte &amp; Associés</span></a></span><span style="font-weight: 400;">.</span></p>
<p>&nbsp;</p>
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					<item>
				<title>POSCO-CDPC Receives Supplier of Excellence Award from DPCA</title>
				<link>https://newsroom.posco.com/en/posco-cdpc-receives-supplier-excellence-award/</link>
				<pubDate>Tue, 06 Feb 2018 11:25:39 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Press Release]]></category>
		<category><![CDATA[automotive steel]]></category>
		<category><![CDATA[ceremony]]></category>
		<category><![CDATA[design]]></category>
		<category><![CDATA[DPCA]]></category>
		<category><![CDATA[Excellent Supplier Award]]></category>
		<category><![CDATA[partnership]]></category>
		<category><![CDATA[service]]></category>
		<category><![CDATA[steel materials]]></category>
		<category><![CDATA[steel sheet]]></category>
		<category><![CDATA[Tae-hyun Cho]]></category>
									<description><![CDATA[On February 6, POSCO-CDPC, an automotive steel sheet processing center located in Sichuan, China, received the Excellent Supplier Award from car company DPCA]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">On February 6, POSCO-CDPC, an automotive steel sheet processing center located in Sichuan, China, received the Excellent Supplier Award from car company DPCA (Dongfeng Peugeot-Citroen Automobile Company LTD). </span></p>
<div id="attachment_13829" style="width: 970px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Excellent-Supplier-Award.jpg" target="_blank"><img class="wp-image-13829 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Excellent-Supplier-Award.jpg" alt="The center manager of POSCO-CDPC, Tae-hyun Cho (eighth from the left), on stage receiving the Excellent Supplier Award from DPCA. " width="960" height="685" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Excellent-Supplier-Award.jpg 960w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/Excellent-Supplier-Award-800x571.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/Excellent-Supplier-Award-768x548.jpg 768w" sizes="(max-width: 960px) 100vw, 960px" /></a><p class="wp-caption-text">On February 6, the center manager of POSCO-CDPC, Tae-hyun Cho (eighth from the left), received the Excellent Supplier Award from DPCA.</p></div>
<p><span style="font-weight: 400;">During the award ceremony, 14 excellent suppliers were selected in the fields of distribution, parts, design, electrical and electronic systems. Among the selected companies, POSCO-CDPC is the only processing company that handles raw steel materials. </span></p>
<p><span style="font-weight: 400;">The DPCA Chengdu production base has an annual production capacity of 360,000 vehicles, and started operation in September 2016. POSCO-CDPC’s No. 2 plant moved into DPCA’s facilities to supply entire orders of blanking processing at the end of 2014. POSCO-CDPC was selected as an Excellent Supplier based on its product quality, delivery and service over the years of the companies’ partnership.</span></p>
<p><span style="font-weight: 400;">POSCO-CDPC produces and supplies products for 39 different parts in total, including exterior steel used for DPCA’s main SUV models, 4008, 5008 and Tianyi. In the future, POSCO-CDPC hopes to capitalize on its geographical advantages and maximize processing quality and service capabilities to ensure a stable and consistent order base.  </span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="https://www.autocar.co.uk/car-news/industry/psa-group-confirms-return-north-american-car-market" target="_blank"><span style="font-weight: 400;">Autocar</span></a><span style="font-weight: 400;">.</span></p>
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					<item>
				<title>Clear Landing into 2018: What’s Ahead for the Aviation Industry</title>
				<link>https://newsroom.posco.com/en/clear-landing-2018-whats-ahead-aviation-industry/</link>
				<pubDate>Thu, 14 Dec 2017 10:43:19 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[2017]]></category>
		<category><![CDATA[2018 Fleet & MRO Forecasts]]></category>
		<category><![CDATA[Airbus]]></category>
		<category><![CDATA[aircraft]]></category>
		<category><![CDATA[airline]]></category>
		<category><![CDATA[airline industry]]></category>
		<category><![CDATA[airplane]]></category>
		<category><![CDATA[aviation]]></category>
		<category><![CDATA[Aviation Industry]]></category>
		<category><![CDATA[Aviation Week Network]]></category>
		<category><![CDATA[cars]]></category>
		<category><![CDATA[city]]></category>
		<category><![CDATA[CityAirBus]]></category>
		<category><![CDATA[F-35 fighter jets]]></category>
		<category><![CDATA[FAA]]></category>
		<category><![CDATA[Federal Aviation Administration]]></category>
		<category><![CDATA[flying car]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[maintenance repairs and overhaul]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Military aircraft]]></category>
		<category><![CDATA[military jets]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[service]]></category>
		<category><![CDATA[Terrafugia]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[travel]]></category>
		<category><![CDATA[uber]]></category>
		<category><![CDATA[uber aircraft]]></category>
		<category><![CDATA[Uber electric aircracft taxi]]></category>
		<category><![CDATA[Uber electric taxi]]></category>
		<category><![CDATA[Uber taxi]]></category>
		<category><![CDATA[UberAIR]]></category>
		<category><![CDATA[US FAA]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[Volvo]]></category>
		<category><![CDATA[Volvo flying car]]></category>
		<category><![CDATA[Volvo TF-X]]></category>
									<description><![CDATA[2017 has been a steady year for the global airline industry, with an expected net profit of about USD 30 billion in 2017, down slightly from USD 35 billion in]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">2017 has been a steady year for the global airline industry, with an expected net profit of about </span><a href="http://atwonline.com/blog/uncertain-times-global-airline-industry-s-2017-watch-points" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 30 billion</span></a><span style="font-weight: 400;"> in 2017, down slightly from </span><a href="http://atwonline.com/airline-financials/iata-forecasts-drop-global-airline-profitability-2017" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 35 billion in 2016</span></a><span style="font-weight: 400;">. Higher labor costs, as well as the rising cost of oil, contributed to the downturn. Unfortunately, oil prices are projected to reach up to </span><a href="https://knoema.com/yxptpab/crude-oil-price-forecast-2017-2018-and-long-term-to-2030" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 100 per barrel by 2030</span></a><span style="font-weight: 400;">, double the current market prices of around USD 50. </span></p>
<p><span style="font-weight: 400;">The future may look uncertain for commercial aviation, but the increasing demand for passenger flights, the need for new aircraft as well as new innovations are expected to stimulate the industry in 2018 and beyond. </span></p>
<p><strong>SEE ALSO: <a href="https://newsroom.posco.com/en/game-changers-aviation-will-empower-way-fly/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener">Game Changers in Aviation that Will Empower the Way We Fly</a></strong></p>
<h2><b>Smaller planes, more frequent miles</b></h2>
<p><span style="font-weight: 400;">City pairs, or pairs of departure and arrival airports, are growing around the globe. According to Aviation Week Network’s </span><a href="http://pages.aviationweek.com/2018Forecast" target="_blank" rel="noopener"><span style="font-weight: 400;">2018 Fleet &amp; MRO Forecasts</span></a><span style="font-weight: 400;">, South Asia’s routes will increase from 650 in 2006 to 1200 by 2026. African routes will expand from 1400 to 2600 in the same time frame and Russia and the CIS region will see an additional 1000 routes by 2026. </span></p>
<p><span style="font-weight: 400;">For such city pairs, 100 to 150-seat aircrafts are ideal, and airlines will opt to add more of the crafts to their fleet over larger crafts that are hard to fill.</span></p>
<div id="attachment_13380" style="width: 612px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Smaller-Aircraft.jpg" target="_blank" rel="noopener"><img class="wp-image-13380 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Smaller-Aircraft.jpg" alt="Aviation frontal view of a large plane behind a smaller plane." width="602" height="380" /></a><p class="wp-caption-text">Smaller, 100 to 150-seat planes will be in higher demand. (Source: <a href="https://www.quora.com/topic/Aerospace-and-Aeronautical-Engineering" target="_blank" rel="noopener">Quora</a>)</p></div>
<p><span style="font-weight: 400;">The growing global demand for passenger flights will further contribute to the need for more small-sized planes. In 2016, a total of </span><a href="http://www.travelagewest.com/Travel/Trending/Top-5-Airline-Trends-for-2018-and-Beyond/#.Wi95XVWWaHt" target="_blank" rel="noopener"><span style="font-weight: 400;">3.8 billion passengers</span></a><span style="font-weight: 400;"> flew the skies, and the number is projected to reach </span><a href="https://www.traveldailynews.com/post/strong-airline-profitability-continues-in-2018" target="_blank" rel="noopener"><span style="font-weight: 400;">4.3 billion in 2018</span></a><span style="font-weight: 400;">.</span></p>
<h2><b>Out with the old, in with the new</b></h2>
<p><span style="font-weight: 400;">In the next 20 years, most of the existing fleet of aircraft will retire, and be replaced with new aircrafts. This will create an increased demand for airplane parts, new technology and labor. The overall volume of the global fleet will increase at an average yearly rate of </span><a href="https://www.prnewswire.com/news-releases/aviation-week-network-releases-2018-fleet--mro-forecasts-300529084.html" target="_blank" rel="noopener"><span style="font-weight: 400;">3.1 percent</span></a><span style="font-weight: 400;">, and a major bulk of the supply is projected to come from the Asia-Pacific region.</span></p>
<div id="attachment_13377" style="width: 611px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en//wp-content/uploads/2017/12/Aircraft-MRO.jpg" target="_blank" rel="noopener"><img class="wp-image-13377" src="https://newsroom.posco.com/en//wp-content/uploads/2017/12/Aircraft-MRO-1024x501.jpg" alt="Four aviation maintenance workers examine an aircraft engine." width="601" height="294" /></a><p class="wp-caption-text">MRO for older aircraft will open new business opportunities. (Source: <a href="https://www.crescentcap.com/multi-strategy" target="_blank" rel="noopener">Crescent Capital</a>)</p></div>
<p><span style="font-weight: 400;">To add, the cost of maintenance, repairs and overhaul (MRO) for aircrafts older than 10 years will reach </span><a href="https://www.prnewswire.com/news-releases/aviation-week-network-releases-2018-fleet--mro-forecasts-300529084.html" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 1 trillion</span></a><span style="font-weight: 400;"> for the first time ever, creating more business opportunities for suppliers and service providers. </span></p>
<h2><b>Military aircraft will play its part in the Aviation Industry</b></h2>
<p><span style="font-weight: 400;">In the U.S., the government is planning to spend </span><a href="http://edition.cnn.com/2015/07/16/politics/f-35-jsf-operational-costs/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 400 billion</span></a><span style="font-weight: 400;"> on fifth generation </span><a href="https://www.f35.com/about" target="_blank" rel="noopener"><span style="font-weight: 400;">F-35 fighter jets</span></a><span style="font-weight: 400;"> made by Lockheed Martin Corp, and </span><a href="https://www.reuters.com/article/us-airshow-paris-f35/exclusive-lockheed-nears-37-billion-plus-deal-to-sell-f-35-jet-to-11-countries-idUSKBN1990S8" target="_blank" rel="noopener"><span style="font-weight: 400;">11 other countries</span></a><span style="font-weight: 400;"> are currently working out a purchase deal worth over </span><a href="https://www.reuters.com/article/us-airshow-paris-f35/exclusive-lockheed-nears-37-billion-plus-deal-to-sell-f-35-jet-to-11-countries-idUSKBN1990S8" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 37 billion</span></a><span style="font-weight: 400;">. </span></p>
<div id="attachment_13378" style="width: 612px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/F-35.jpg" target="_blank" rel="noopener"><img class="wp-image-13378" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/F-35.jpg" alt="Two 5th generation F-35 fighter jets in the sky." width="602" height="339" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/F-35.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/F-35-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/F-35-768x432.jpg 768w" sizes="(max-width: 602px) 100vw, 602px" /></a><p class="wp-caption-text">Fifth generation F-35 fighter jets are one of the most advanced military jets ever. (Source: <a href="https://gizmodo.com/5994053/the-navys-next-gen-fighter-jets-could-be-a-new-kind-of-bulletproof" target="_blank" rel="noopener">Gizmodo</a>)</p></div>
<p><span style="font-weight: 400;">Moreover, </span><a href="http://www.oagaviation.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 67.3 billion</span></a><span style="font-weight: 400;"> is projected to be spent on the MRO of the world’s military aircraft, up 14.9 percent from USD 58.6 billion in 2008. With increasing tensions all over the world and subsequent rise in defense spending, demand for military aircraft will likely continue. </span></p>
<h2><b>And then there’s flying cars</b></h2>
<p><span style="font-weight: 400;">Although not traditionally counted as part of the aviation industry, flying cars are popping up in cities around the world and blurring the lines that define different transportation industries. With increasing investment, flying vehicles may become a reality in the next couple of years, and most will be flying on clean fuel. Here are some companies with plans to launch flying cars.</span></p>
<div id="attachment_13381" style="width: 612px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/TF-X.jpg" target="_blank" rel="noopener"><img class="wp-image-13381" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/TF-X.jpg" alt="A TF-X flying car is parked outside in a city." width="602" height="457" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/TF-X.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/TF-X-768x583.jpg 768w" sizes="(max-width: 602px) 100vw, 602px" /></a><p class="wp-caption-text">Volvo’s TF-X is one of several flying cars in development. (Source: <a href="https://www.theverge.com/2017/11/13/16643342/volvo-geely-terrafugia-flying-car-acquisition" target="_blank" rel="noopener">The Verge</a>)</p></div>
<h3><b>Uber</b></h3>
<p><span style="font-weight: 400;">Uber recently announced its partnership with NASA to develop an electric aircraft taxi service called UberAIR, planned to be up and running in 2020. If successful, the vehicle will be quieter than a helicopter, travel up to </span><a href="https://www.fastcompany.com/40411391/inside-ubers-ambitious-project-to-fill-the-sky-with-flying-taxis" target="_blank" rel="noopener"><span style="font-weight: 400;">150 mph</span></a><span style="font-weight: 400;"> and charging will only take about 4 minutes. Uber has plans to test the service shortly in L.A., after successful trials in Dallas and Dubai. If all goes well, travel time in L.A.’s rush hour can decrease by a third. </span></p>
<h3><b>Airbus</b></h3>
<p><span style="font-weight: 400;">Airbus is looking to </span><a href="https://techcrunch.com/2017/10/05/airbus-on-track-to-fly-its-electric-aerial-taxi-in-2018/" target="_blank" rel="noopener"><span style="font-weight: 400;">launch their CityAirBus</span></a><span style="font-weight: 400;"> in the skies for taxi service in 2018. The all-electric vertical takeoff vehicles will transport people up to </span><a href="https://techcrunch.com/2017/10/05/airbus-on-track-to-fly-its-electric-aerial-taxi-in-2018/" target="_blank" rel="noopener"><span style="font-weight: 400;">80 mph</span></a><span style="font-weight: 400;"> over congested traffic to destinations like rooftops, train stations and airports. The vehicles can carry up to 4 passengers at a time and travel up to 80 mph. In the beginning stages of its launch, Airbus plans to have a pilot on board the flights over fixed routes, but will work towards autonomous operations. </span></p>
<h3><b>Volvo</b></h3>
<p><span style="font-weight: 400;">Geely, which is the parent company that owns Volvo, recently purchased a flying-car startup, Terrafugia. The company aims to have its flying cars in operation by 2019, with a range of </span><a href="https://www.express.co.uk/life-style/cars/880770/Volvo-flying-car-Terrafugia-TFX-Geely" target="_blank" rel="noopener"><span style="font-weight: 400;">400 miles on a single charge</span></a><span style="font-weight: 400;"> and travel speed of up to 100 mph. Terrafugia already received the </span><a href="http://www.independent.co.uk/life-style/gadgets-and-tech/flying-cars-transition-volvo-us-tech-start-up-geely-investment-terrafugia-a8056576.html" target="_blank" rel="noopener"><span style="font-weight: 400;">U.S. Federal Aviation Administration’s (FAA) approval</span></a><span style="font-weight: 400;"> to start flying. They are also working on their next model, the TF-X, which can fly up to 200 mph and will cost around </span><a href="https://www.express.co.uk/life-style/cars/880770/Volvo-flying-car-Terrafugia-TFX-Geely" target="_blank" rel="noopener"><span style="font-weight: 400;">EUR 180,000</span></a><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">The aviation industry will see many changes in the coming years. Although steeply rising oil prices will play a major factor in the profitability of the industry, the rising demand for passenger flights, increased military spending and new innovations will lead production and create new business opportunities for 2018 and beyond.</span></p>
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				<title>Ask an Expert: Electric Vehicles and the Future of the Automotive Market</title>
				<link>https://newsroom.posco.com/en/ask-an-expert-electric-vehicles-and-the-future-of-the-automotive-market/</link>
				<pubDate>Thu, 16 Nov 2017 21:00:50 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[POSCO Reports]]></category>
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									<description><![CDATA[From October 30 to November 1, POSCO held the 2017 Global EV Materials Forum at the Songdo POSCO R&#38;D Center. More than 300 clients from over 18 countries]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">From October 30 to November 1, POSCO held the 2017 Global EV Materials Forum at the Songdo POSCO R&amp;D Center. More than 300 clients from over 18 countries attended the event to learn about future trends that will shape the future of the auto industry. </span></p>
<div id="attachment_13207" style="width: 639px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/11/Stephen-Zoepf.jpg" target="_blank" rel="noopener"><img class="wp-image-13207" src="https://newsroom.posco.com/en/wp-content/uploads/2017/11/Stephen-Zoepf.jpg" alt="Stephen Zoepf giving a presentation at the 2017 Global EV Materials Forum." width="629" height="419" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/11/Stephen-Zoepf.jpg 960w, https://newsroom.posco.com/en/wp-content/uploads/2017/11/Stephen-Zoepf-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/11/Stephen-Zoepf-768x511.jpg 768w" sizes="(max-width: 629px) 100vw, 629px" /></a><p class="wp-caption-text">Stephen Zoepf is the executive director at the Center for Automotive Research at Stanford University.</p></div>
<p><span style="font-weight: 400;">To kick off the forum, </span><a href="https://profiles.stanford.edu/stephen-zoepf" target="_blank" rel="noopener"><span style="font-weight: 400;">Stephen Zoepf</span></a><span style="font-weight: 400;">, executive director at the Center for Automotive Research at Stanford University gave a presentation called “Electric Vehicles: Adapting to a Changing Marketplace” to share his insights on what future markets will look like and implications for automakers, suppliers as well as consumers.  </span></p>
<p><span style="font-weight: 400;">Here are the key takeaways. </span></p>
<h2><b>The Future is Going to Look Very Different</b></h2>
<p><span style="font-weight: 400;">According to a </span><a href="https://static1.squarespace.com/static/585c3439be65942f022bbf9b/t/591a2e4be6f2e1c13df930c5/1494888038959/RethinkX+Report_051517.pdf" target="_blank" rel="noopener"><span style="font-weight: 400;">report </span></a><span style="font-weight: 400;">by </span><a href="https://www.rethinkx.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">RethinkX</span></a><span style="font-weight: 400;">, an independent research group, 6 trillion U.S. passenger miles will be driven in 2030, up 50 percent from 2021. Of those miles, 95 percent will be driven in self-driving, electric and shared vehicles and only 5 percent of those miles will be driven by internal combustion engine (ICE) vehicles.</span></p>
<p><span style="font-weight: 400;">The report goes on to say that autonomous EVs (A-EV) will make up 60 percent of the U.S vehicle stock, and those vehicles will be part of a shared-mobility service. As more people start to share cars, the overall number of vehicles on U.S. roads will drop from 247 million in 2020 to 44 million in 2030.</span></p>
<p><strong>SEE ALSO: <a href="https://newsroom.posco.com/en/going-autonomous-transformation-transportation-industry/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener">Going Autonomous: The Transformation of the Transportation Industry</a></strong></p>
<p><span style="font-weight: 400;">The change is already happening. In 2016, shared-mobility companies such as </span><a href="https://www.uber.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Uber </span></a><span style="font-weight: 400;">and </span><a href="https://www.lyft.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Lyft </span></a><span style="font-weight: 400;">drove 500,000 passengers per day in New York City, which is triple the number of passengers from 2015. Today, more and more automakers like </span><a href="https://www.google.co.kr/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=4&amp;cad=rja&amp;uact=8&amp;ved=0ahUKEwjhjaurrrDXAhUNNrwKHTsJB7AQFghCMAM&amp;url=https%3A%2F%2Fwww.tesla.com%2F&amp;usg=AOvVaw0Vx6pW8J4RjA5etoI3_wrm" target="_blank" rel="noopener"><span style="font-weight: 400;">Tesla </span></a><span style="font-weight: 400;">and </span><a href="https://www.google.co.kr/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;cad=rja&amp;uact=8&amp;ved=0ahUKEwjwz_O2rrDXAhUMjLwKHSWwAOQQFggmMAA&amp;url=https%3A%2F%2Fwww.gm.com%2F&amp;usg=AOvVaw2d2K8uvqCWMKCHzrr43vE7" target="_blank" rel="noopener"><span style="font-weight: 400;">GM</span></a><span style="font-weight: 400;"> are also entering the shared-mobility market.</span></p>
<div id="attachment_13177" style="width: 639px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/11/BMW-EVs.jpg" target="_blank" rel="noopener"><img class="wp-image-13177" src="https://newsroom.posco.com/en/wp-content/uploads/2017/11/BMW-EVs-1024x637.jpg" alt="A line up of the new electric vehicles to be used by the LAPD" width="629" height="391" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/11/BMW-EVs-1024x637.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/11/BMW-EVs-800x498.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/11/BMW-EVs-768x478.jpg 768w" sizes="(max-width: 629px) 100vw, 629px" /></a><p class="wp-caption-text">EVs are already becoming prominent in major cities around the world. (Source: <a href="http://time.com/4363247/lapd-little-electric-bmws/" target="_blank" rel="noopener">Time</a>)</p></div>
<p><span style="font-weight: 400;">The findings illustrate a future where people drive more miles with fewer cars, which are fueled by electricity, and shared instead of owned. It’s a radical visualization of the future, but one that is driven by economic forces. </span></p>
<p><span style="font-weight: 400;">By 2021, shared vehicles will be 4 to 10 times cheaper per mile than private vehicles, and American households will save an average of USD 5600 every year by switching to shared EVs from cars fueled by gas, according to RethinkX. </span></p>
<p><span style="font-weight: 400;">Zoepf shared another report by </span><a href="https://ark-invest.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">ARK investment Management</span></a><span style="font-weight: 400;"> which echoes the finding above- in the next ten years, people will drive three times more kilometers using half the number of cars and the number of EVs on the road will increase 10 fold.</span></p>
<h2><b>What It Means for Car Manufacturers and Suppliers</b></h2>
<p><span style="font-weight: 400;">A shrinking vehicle fleet consisting of mostly EVs can only mean one thing: a major disruption to the current automotive market.  </span></p>
<p><span style="font-weight: 400;">Right now, the average lifecycle of a car in the U.S. is 11 years. However, the majority of a car’s total mileage is driven in its early years. It’s the same for shared vehicles, but they are driven about 80,000- 90,000 km per year, 10 times the distance of privately-owned cars. What this shows is a compression of the vehicle lifespan in its first 3 to 4 years. </span></p>
<p><span style="font-weight: 400;">These statistics pose critical concerns for automakers. </span></p>
<p><span style="font-weight: 400;">Will overall vehicle sales decrease in the coming future? According to Zoepf, that’s the wrong question to ask. Instead, automakers should be asking “will I make money?” Automakers have a couple of choices. They can either adapt early on and manufacture EVs and/or A-EVs at a competitive price, or become a shared-mobility provider. </span><a href="https://www.teslarati.com/top-7-mobility-companies-future-watch-2017/" target="_blank" rel="noopener"><span style="font-weight: 400;">Early movers</span></a><span style="font-weight: 400;"> such as Tesla, GM and Volvo are already shifting their business strategies to fit these models. </span><span style="font-weight: 400;"><br />
</span></p>
<div id="attachment_13175" style="width: 639px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/11/GM-Maven.jpg" target="_blank" rel="noopener"><img class="wp-image-13175" src="https://newsroom.posco.com/en/wp-content/uploads/2017/11/GM-Maven-1024x683.jpg" alt="A person inside a GM vehicle is showing Maven, a new car sharing service, on her smartphone screen." width="629" height="419" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/11/GM-Maven-1024x683.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/11/GM-Maven-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/11/GM-Maven-768x512.jpg 768w" sizes="(max-width: 629px) 100vw, 629px" /></a><p class="wp-caption-text">GM recently launched Maven, a car-sharing service. (Source: <a href="https://www.theverge.com/2016/1/21/10802240/gm-maven-car-sharing-service-price-launch-date-michigan" target="_blank" rel="noopener">The Verge</a>)</p></div>
<p><span style="font-weight: 400;">Another question to ask is how these trends will affect vehicle design. With shortened vehicle life-cycles, manufacturers can either design cars to last only 3 to 4 years for quick replacements, or opt for the aviation model where the vehicle will be built to last, but the interior parts, such as seats, will be replaced frequently. Whatever route manufactures choose to take, gaining a competitive edge in vehicle and service quality early on will be key. </span></p>
<h2><b>What Will This Mean for Vehicle Material Suppliers?</b></h2>
<p><span style="font-weight: 400;">If building cars to last is no longer a primary priority, will car makers downgrade their materials? The short answer is not a chance. </span></p>
<p><span style="font-weight: 400;">Through a </span><a href="http://web.mit.edu/sloan-auto-lab/research/beforeh2/files/Zoepf%20and%20Keith%20Transportation%20Policy%20for%20Review.pdf" target="_blank" rel="noopener"><span style="font-weight: 400;">customer survey study</span></a><span style="font-weight: 400;"> Zoepf conducted of 60,000 Zipcar customers, he showed that the number one factor when choosing a car is safety. However, there is no one, ideal model or type of car that is preferred in a shared mobility framework. The purpose of the trip determines the type of vehicle, and the success of a shared mobility service provider will depend on the variety of cars it can provide &#8211; all with competitive safety ratings.</span></p>
<div id="attachment_13174" style="width: 639px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/11/ChargEV.jpg" target="_blank" rel="noopener"><img class="wp-image-13174 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/11/ChargEV.jpg" alt="A car is seen charging at a POSCO ChargEV station. " width="629" height="379" /></a><p class="wp-caption-text">POSCO ICT already has ChargEV stations set up across Korea. (Source: <a href="http://smartfuture-poscoict.co.kr/346" target="_blank" rel="noopener">POSCO ICT</a>)</p></div>
<p><span style="font-weight: 400;">The supplier’s role will be to continue providing high-quality materials that can boost the safety and cost competitiveness of future vehicles. Steel suppliers have to keep developing lightweight and high-strength steels like </span><a href="https://newsroom.posco.com/en/posco-giga-steel-goes-beyond-limits-traditional-lightweight-materials/#1?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">POSCO GIGA STEEL</span></a><span style="font-weight: 400;">, and research new materials that can boost the competitiveness of EVs such as POSCO’s </span><a href="https://newsroom.posco.com/en/electrical-steel-make-ev-motors/#1?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">Hyper NO</span></a><span style="font-weight: 400;"> for motor cores, </span><a href="https://newsroom.posco.com/en/posco-innovation-shapes-lithium-market/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">battery materials</span></a><span style="font-weight: 400;"> and POSCO ICT’s </span><a href="https://newsroom.posco.com/en/posco-takes-charge-electric-vehicle-charging-infrastructure-market/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">EV charging service and infrastructure</span></a><span style="font-weight: 400;">. </span></p>
<p><span style="font-weight: 400;">There remain numerous challenges that lie ahead for a greener and safer future with EVs and A-EVs, and it might take longer than experts predict for lawmakers, corporations and consumers to all agree on an optimal mobility model. However, change is already underway and automakers and suppliers alike need to strategize and adapt early on to take advantage of the upcoming opportunities.</span></p>
<p><span style="font-weight: 400;">For more information on how advanced automotive steel can benefit automakers looking for lightweight and sustainable steel solutions, take a look at our </span><span style="font-weight: 400;"><a href="https://newsroom.posco.com/en/infographic-driving-future-posco-giga-steel/" target="_blank" rel="noopener">infographic on POSCO GIGA STEEL</a> or read the full report <a href="http://www.worldautosteel.org/downloads/auto-mass-benchmarking-2017/" target="_blank" rel="noopener">here.</a> </span></p>
<table style="background-color: #d4d4d4;" cellspacing="2" cellpadding="2">
<tbody>
<tr style="height: 48px;">
<td style="height: 48px;"><span style="font-size: 12pt;"><i><a href="https://cars.stanford.edu/people/stephen-zoepf" target="_blank" rel="noopener">S</a><a href="https://cars.stanford.edu/people/stephen-zoepf" target="_blank" rel="noopener"><span style="font-weight: 400;">tephen Zoepf</span></a><i><span style="font-weight: 400;"> is the Executive Director of the Center for Automotive Research at Stanford. He has fifteen years of experience in the automotive field, including eight years in engineering and product management roles at BMW and Ford.  He recently served as a Post-Doctoral researcher at MIT and on the technical staff of the U.S. Dept. of Transportation. </span></i></i></span></td>
</tr>
</tbody>
</table>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="https://www.gov.uk/government/news/75-million-to-build-cars-of-the-future" target="_blank" rel="noopener"><span style="font-weight: 400;">GOV.UK</span></a><span style="font-weight: 400;">.</span></p>
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				<title>Ask an Expert: Building Bridges for Megacities &#8211; Part 2</title>
				<link>https://newsroom.posco.com/en/ask-expert-building-bridges-megacities-part-2/</link>
				<pubDate>Tue, 05 Sep 2017 10:52:45 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[POSCO Reports]]></category>
		<category><![CDATA[Anzhaite Long-span Suspension Bridge]]></category>
		<category><![CDATA[Bay Bridge]]></category>
		<category><![CDATA[bridge]]></category>
		<category><![CDATA[bridge construction]]></category>
		<category><![CDATA[bridge material]]></category>
		<category><![CDATA[china bridge]]></category>
		<category><![CDATA[city bridge]]></category>
		<category><![CDATA[concrete]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[design]]></category>
		<category><![CDATA[durability]]></category>
		<category><![CDATA[globilization]]></category>
		<category><![CDATA[hunan bridge]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[Jiaozhou Bay Bridge]]></category>
		<category><![CDATA[Jishou bridge]]></category>
		<category><![CDATA[Marco Rosignoli]]></category>
		<category><![CDATA[megacities]]></category>
		<category><![CDATA[megacity]]></category>
		<category><![CDATA[megacity bridge]]></category>
		<category><![CDATA[megacity infrastructure]]></category>
		<category><![CDATA[oakland bay bridge]]></category>
		<category><![CDATA[Prefabrication]]></category>
		<category><![CDATA[San Francisco]]></category>
		<category><![CDATA[san francisco oakland bay bridge]]></category>
		<category><![CDATA[sea bridge]]></category>
		<category><![CDATA[sea crossing bridge]]></category>
		<category><![CDATA[service]]></category>
		<category><![CDATA[steel]]></category>
		<category><![CDATA[Steel bridge]]></category>
		<category><![CDATA[steel construction]]></category>
		<category><![CDATA[steel infrastructure]]></category>
		<category><![CDATA[steel megacity]]></category>
		<category><![CDATA[steelcity]]></category>
		<category><![CDATA[strength]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[urban bridges]]></category>
		<category><![CDATA[urban construction]]></category>
		<category><![CDATA[urban development]]></category>
		<category><![CDATA[urbanization]]></category>
									<description><![CDATA[Last week in Building Bridges for Megacities Part 1, bridge expert Marco Rosignoli shared his insights on emerging megacities, their biggest challenges and]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">Last week in <a href="https://newsroom.posco.com/en/ask-expert-building-bridges-megacities/" target="_blank" rel="noopener">Building Bridges for Megacities Part 1</a>, bridge expert Marco Rosignoli shared his insights on emerging megacities, their biggest challenges and what kinds of transportation infrastructure to expect in the coming years. In part 2 of his article, Rosignoli explores the challenges of bridge construction and the different types of construction processes and materials to expect in light of the increasing demand for bridges that emerging megacities will bring.</span></p>
<h2><b>Biggest Challenges in Bridge Construction </b></h2>
<p><span style="font-weight: 400;">The major challenges for building urban bridges are the availability of skilled labor, access to urban areas and environmental compatibility. </span></p>
<div id="attachment_12755" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Anzhaite-Long-span-Suspension-Bridge.jpg" target="_blank" rel="noopener"><img class="wp-image-12755" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Anzhaite-Long-span-Suspension-Bridge.jpg" alt=" A worker paints the Anzhaite Long-span Suspension Bridge in Jishou, Hunan, China" width="640" height="430" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Anzhaite-Long-span-Suspension-Bridge.jpg 964w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Anzhaite-Long-span-Suspension-Bridge-800x538.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Anzhaite-Long-span-Suspension-Bridge-768x516.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">A worker paints the Anzhaite Long-span Suspension Bridge in Jishou, Hunan, China (Source: <a href="http://www.dailymail.co.uk/news/article-2124376/Anzhaite-Long-span-Suspension-Bridge-Worlds-highest-bridge-gets-finishing-touches.html" target="_blank" rel="noopener">The Daily Mail</a>)</p></div>
<p><span style="font-weight: 400;">Building bridges in megacities with the current scarcity of skilled labor will require a massive recourse to prefabrication. In a few circumstances, prefabricated bridge units will be transported on water with tugs and barges, which will allow the use of heavy, large units. In most cases, prefabricated bridge units will be transported on the ground through congested urban roads, which will lead to the use of light, modular units. </span></p>
<div id="attachment_12754" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/San-Francisco-Oakland-Bay-Bridge-Construction.jpg" target="_blank" rel="noopener"><img class="wp-image-12754 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/San-Francisco-Oakland-Bay-Bridge-Construction-1024x776.jpg" alt="A floating crane for lifts prefabricated deck sections onto the San Francisco-Oakland Bay Bridge during construction in 2009" width="640" height="485" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/San-Francisco-Oakland-Bay-Bridge-Construction-1024x776.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/San-Francisco-Oakland-Bay-Bridge-Construction-800x606.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/San-Francisco-Oakland-Bay-Bridge-Construction-768x582.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">A floating crane lifts prefabricated deck sections onto the San Francisco-Oakland Bay Bridge (Source: <a href="http://sfpublicpress.org/news/2009-12/unparalleled-bridge-unprecedented-cost" target="_blank" rel="noopener">San Francisco Public Press</a>)</p></div>
<p><span style="font-weight: 400;">The availability of deck assembly areas and the interference of construction operations with adjacent infrastructure are additional challenges that will govern the bridge design process. As such, incremental launching construction from aerial platforms will see new applications, especially when combined with on-site welding of field splices among modular bridge units. The welding of field splices will also allow for optimized segmentation of bridge units, diminish the cost of field splices, and will relax the fabrication tolerances of the units.</span></p>
<h2><b>Size Determines Cost, Cost Determines Everything Else</b></h2>
<p><span style="font-weight: 400;">When constructing a bridge for an urban area, the size of a bridge governs the construction process. in turn, the construction cost of a bridge determines the materials and technology. Technology includes labor and investment in special construction equipment. The quantities of structural materials for a bridge depend on the design loads of the bridge, the flexural and shear span of the bridge units, and the mechanical strength of the material.</span></p>
<div id="attachment_12756" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Jiaozhou-Bay-Bridge.jpg" target="_blank" rel="noopener"><img class="wp-image-12756 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Jiaozhou-Bay-Bridge-1024x576.jpg" alt="The Jiaozhou Bay Bridge in China is the longest sea-crossing bridge in the world" width="640" height="360" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Jiaozhou-Bay-Bridge-1024x576.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Jiaozhou-Bay-Bridge-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Jiaozhou-Bay-Bridge-800x450.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Jiaozhou-Bay-Bridge-768x432.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">The Jiaozhou Bay Bridge in China is the longest sea-crossing bridge in the world (Source: <a href="https://www.nytimes.com/2015/01/13/business/international/in-china-projects-to-make-great-wall-feel-small-.html" target="_blank" rel="noopener">The New York Times</a>)</p></div>
<p><span style="font-weight: 400;">Small and large-scale bridge projects are both necessary in megacities and demand will only increase in light of the newly emerging megacities all over the world. When looking at both the construction of new bridges and the maintenance of existing bridges, the number of small-scale projects will definitely be larger than the number of large-scale projects. The impact these construction projects will have on the mobility of people and goods within a megacity is massive. </span></p>
<p><span style="font-weight: 400;">Although one may assume large-scale bridge projects with a larger budget will allow for design optimization and the efficient use of high-grade steels, scale economies in competition with other megacities will govern the availability of construction materials and workforce. Eventually, the scarcity of structural materials will lead to the efficient, eco-friendly use of steel and concrete in large and small-scale bridge projects alike.</span></p>
<h2><b>Prefabrication and Incremental Launching for Bridge Construction</b></h2>
<p><span style="font-weight: 400;">It is true that small-scale bridge projects have smaller budgets for technology, which limit design optimization and construction mechanization and increase the labor demand. Therefore, small-scale bridges will most likely be procured as packages of multiple bridges to acquire scale economies and a more efficient use of materials with the optimized design of modular units.</span></p>
<p><span style="font-weight: 400;">On the other hand, large-scale bridge projects allow for massive investment in special construction equipment, which will facilitate the prefabrication of modular bridge units in smart, eco-friendly factories. It will also diminish the labor demand of site assembly and the need for complementary infrastructure in an urban environment, as well as enhance the quality and durability of the final product.</span></p>
<p><span style="font-weight: 400;">Thus, large-scale bridge projects will be designed for modularity and have prefabricated standardized units with asynchronous production lines. Parts of the bridge will likely have different cycle times, just-in-time delivery, and require minimal site operations. Overall, construction technology and risk management of the trans-disciplinary relationships of mechanized construction will dictate the design of large-scale bridge projects in megacities.</span></p>
<div id="attachment_12753" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Prefabricated-Bridge.jpg" target="_blank" rel="noopener"><img class="wp-image-12753 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Prefabricated-Bridge-1024x768.jpg" alt="Workers assemble a prefabricated bridge in Pennsylvania, U.S. to replace a structurally deficient bridge" width="640" height="480" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Prefabricated-Bridge-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Prefabricated-Bridge-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Prefabricated-Bridge-768x576.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Prefabricated-Bridge.jpg 1200w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">Workers assemble a prefabricated bridge in Pennsylvania, U.S. (Source: <a href="https://www.roadsbridges.com/traveling-relief" target="_blank" rel="noopener">Roads and Bridges</a>)</p></div>
<p><span style="font-weight: 400;">Small-scale bridge projects will take advantage of incremental launching technologies. Launched bridges minimize the interference between deck construction and the obstruction to overpass, and this is a major advantage for urban bridges designed to overpass congested infrastructure. Launched bridges do not require extra clearance to support the deck during construction, which simplifies connecting the bridge with existing roads and railways. Launched bridges do not require additional right-of-way as the deck is built behind the abutment and incrementally pushed into position. Additionally, the construction area is far from the infrastructure to overpass, which minimizes the risk for workers and the traveling public. </span></p>
<div id="attachment_12752" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Incremental-launching.jpg" target="_blank" rel="noopener"><img class="wp-image-12752 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Incremental-launching-1024x684.jpg" alt="Incremental launching applied to a bridge deck construction process" width="640" height="428" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Incremental-launching-1024x684.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Incremental-launching-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Incremental-launching-768x513.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Incremental-launching.jpg 1224w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">Incremental launching applied to a bridge deck construction process (Source: <a href="https://www.cfcsl.com/en/viaduct-hsr-line-tera-zamora-spain-2014/" target="_blank" rel="noopener">CARLOS FERNANDEZ CASADO S.L</a>)</p></div>
<h2><b>Materials For the Future Generation of Urban Bridges </b></h2>
<p><span style="font-weight: 400;">Steel and concrete are the most common materials for bridges. In the field of steel bridges, high-grade steel will reduce the self-weight of bridge superstructures and the cost of piers and foundations. New composite systems and mechanized plate corrugation will increase the buckling capacity of unstiffened web panels and compression flanges to avoid the use of welded stiffeners.</span></p>
<p><span style="font-weight: 400;">In the field of prestressed concrete, new steels for rebar will offer higher strength and corrosion resistance to increase the durability and service life of the next generation of urban bridges. Post-tensioning materials are already extremely efficient, and the challenge will revolve around finding new duct systems and passivating materials to able to avoid the quality concerns raised by cement grouts.</span></p>
<p><span style="font-weight: 400;">Full-span precasting has been employed in thousands of spans of high-speed railway projects and in hundreds of spans of light-rail transit projects. Both steel and prestressed concrete bridges will be present in the mass transit systems of megacities, and both types of bridges are perfectly compatible with steel decks should high-grade steel turn out financially competitive over prestressed concrete in the megacity-oriented life cycle cost analysis.</span></p>
<p><span style="font-weight: 400;">Modern large-scale bridge projects are designed for 75 or 100-year service life in the USA. The use of renewable protective materials can easily meet this target in steel bridges, but the evolution of design loads and service conditions of urban bridges is hard to predict. Steel bridges offer a major advantage over prestressed-concrete bridges from this point of view, as they are more adaptable and can be modified, strengthened and adapted to new use conditions.</span></p>
<table style="border-color: #000000; background-color: #dbdbdb;" border="1" cellpadding="15">
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<tr>
<td style="width: 1341px;"><span style="font-size: 12pt;"><i><a href="https://www.marcorosignoli.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Marco Rosignoli </span></a><i><span style="font-weight: 400;">is an expert in bridge design, construction, forensic engineering, consulting and education, with over 37 years of experience in 21 countries.</span></i></i></span></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p><strong><a href="https://newsroom.posco.com/en/subscribe/" target="_blank" rel="noopener"><b>Don</b><b><span lang="EN-US">’</span></b><b>t miss any of the exciting stories from The Steel Wire </b><b><span lang="EN-US">–</span></b><b> subscribe via email today</b></a>.</strong></p>
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				<title>POSCO Furthers Sustainable Development Through 2017 Global Volunteer Week</title>
				<link>https://newsroom.posco.com/en/posco-furthers-sustainable-development-2017-global-volunteer-week/</link>
				<pubDate>Fri, 16 Jun 2017 10:00:22 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[People & Culture]]></category>
		<category><![CDATA[bridge]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[city]]></category>
		<category><![CDATA[community service]]></category>
		<category><![CDATA[corporate responsibility]]></category>
		<category><![CDATA[CSR]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[green energy]]></category>
		<category><![CDATA[POSCO-America]]></category>
		<category><![CDATA[recycling]]></category>
		<category><![CDATA[Seoul]]></category>
		<category><![CDATA[service]]></category>
		<category><![CDATA[sustainability]]></category>
		<category><![CDATA[sustainable]]></category>
		<category><![CDATA[sustainable manufacturing]]></category>
		<category><![CDATA[Sustainable production]]></category>
		<category><![CDATA[Turkey]]></category>
		<category><![CDATA[Vietnam]]></category>
		<category><![CDATA[volunteering]]></category>
									<description><![CDATA[From proper waste recycling to giving back to local communities, sustainable management has always been a core value for POSCO as evidenced by the latest]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">From proper waste recycling to giving back to local communities, sustainable management has always been a core value for POSCO as evidenced by the </span><a href="https://newsroom.posco.com/en/global-100-most-sustainable-companies/" target="_blank" rel="noopener"><span style="font-weight: 400;">latest acknowledgment from Corporate Knights</span></a><span style="font-weight: 400;">, which recognized it as one of the world’s most sustainable companies.</span></p>
<p><span style="font-weight: 400;">POSCO has held its annual community service tradition, </span><a href="https://newsroom.posco.com/en/posco-hosts-2017-global-volunteer-week-52-countries/" target="_blank" rel="noopener"><span style="font-weight: 400;">the POSCO Global Volunteer Week</span></a><span style="font-weight: 400;">, since 2010.  This year, from May 24 to 30, over 79,000 POSCO Group employees from 52 different countries, including Korea, Turkey, Vietnam and the U.S., rolled up their sleeves and got to work. Here&#8217;s a look at some of the highlights.</span></p>
<h2><span style="font-weight: 400;"><strong>POSCO Group in Korea</strong> </span></h2>
<p><span style="font-weight: 400;">In Korea, POSCO Group employees made home improvements for underprivileged neighborhoods, mentored local youth and had a blast painting wall murals.</span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-in-Korea.jpg" target="_blank" rel="noopener"><img class="aligncenter wp-image-12163 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-in-Korea.jpg" alt="POSCO Group employees in Korea made home improvements for underprivileged neighborhoods, mentored local youth and had a blast painting wall murals." width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-in-Korea.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-in-Korea-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-in-Korea-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-in-Korea-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></a></p>
<p><span style="font-weight: 400;">In the nation’s capital of Seoul, POSCO employees cleaned up marine waste with the Clean Ocean Volunteer Group, and another group delivered freshly baked bread to the community&#8217;s elderly.</span></p>
<p><span style="font-weight: 400;">On May 30, POSCO CEO Kwon Ohjoon and over 30 employees visited </span><i><span style="font-weight: 400;">Myeongryundang </span></i><span style="font-weight: 400;">of </span><i><span style="font-weight: 400;">Sungkyunkwan Munmyo</span></i><span style="font-weight: 400;"> (a Confucian shrine), to repair and replace Korean traditional paper called </span><i><span style="font-weight: 400;">Changhoji </span></i><span style="font-weight: 400;">on windows and doors.</span></p>
<div id="attachment_12170" style="width: 1310px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-CEO-Kwon-Ohjoon-during-2017-POSCO-Global-Volunteer-Week-2.jpg" target="_blank" rel="noopener"><img class="wp-image-12170 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-CEO-Kwon-Ohjoon-during-2017-POSCO-Global-Volunteer-Week-2.jpg" alt="POSCO CEO Kwon Ohjoon visited Munmyo, the main temple for Korean Confucianism located in Seoul, to help replace traditional Korean paper known as Changhoji." width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-CEO-Kwon-Ohjoon-during-2017-POSCO-Global-Volunteer-Week-2.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-CEO-Kwon-Ohjoon-during-2017-POSCO-Global-Volunteer-Week-2-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-CEO-Kwon-Ohjoon-during-2017-POSCO-Global-Volunteer-Week-2-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-CEO-Kwon-Ohjoon-during-2017-POSCO-Global-Volunteer-Week-2-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></a><p class="wp-caption-text">POSCO CEO Kwon Ohjoon visited Munmyo, the main temple for Korean Confucianism located in Seoul, to help replace traditional Korean paper known as Changhoji</p></div>
<p><span style="font-weight: 400;">In the city of Pohang, POSCO’s volunteer groups visited Sangdo Middle School to conduct first aid and CPR training. Other volunteer groups in Gwangyang, another city in Korea where POSCO conducts business, launched a lunchbox delivery business to create jobs for the elderly and held classes for women for minority communities.</span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-employees-in-Pohang-and-Gwangyang-1.jpg" target="_blank" rel="noopener"><img class="aligncenter wp-image-12165 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-employees-in-Pohang-and-Gwangyang-1.jpg" alt="Volunteer groups in Gwangyang launched a lunchbox delivery business to create jobs for the elderly and held classes for women from minority communities." width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-employees-in-Pohang-and-Gwangyang-1.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-employees-in-Pohang-and-Gwangyang-1-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-employees-in-Pohang-and-Gwangyang-1-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Group-employees-in-Pohang-and-Gwangyang-1-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></a></p>
<h2><span style="font-weight: 400;"><strong>POSCO Group Across the Globe</strong> </span></h2>
<p><span style="font-weight: 400;">POSCO subsidiaries in Turkey, Vietnam and the U.S., also took part in Global Volunteer Week. </span></p>
<p><span style="font-weight: 400;">In Turkey, POSCO ASSAN TST employees opened a Korean culture school for local elementary school students in March. During Global Volunteer Week, Students got to try on traditional Korean clothing called </span><i><span style="font-weight: 400;">hanbok </span></i><span style="font-weight: 400;">and volunteers built a playground made out of recycled tires for the kindergarten students.   </span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-ASSAN-TST-employees-during-2017-POSCO-Global-Volunteer-Week-2.jpg" target="_blank" rel="noopener"><img class="aligncenter wp-image-12169 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-ASSAN-TST-employees-during-2017-POSCO-Global-Volunteer-Week-2.jpg" alt=" POSCO ASSAN TST employees in Turkey built a playground made out of recycled tires for the kindergarten students. " width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-ASSAN-TST-employees-during-2017-POSCO-Global-Volunteer-Week-2.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-ASSAN-TST-employees-during-2017-POSCO-Global-Volunteer-Week-2-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-ASSAN-TST-employees-during-2017-POSCO-Global-Volunteer-Week-2-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-ASSAN-TST-employees-during-2017-POSCO-Global-Volunteer-Week-2-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></a></p>
<p><span style="font-weight: 400;">POSCO-Vietnam carried out activities to improve the environment of the </span><a href="https://newsroom.posco.com/en/posco-1-sharing-foundation-builds-sustainable-neighborhoods-steel/" target="_blank" rel="noopener"><span style="font-weight: 400;">POSCO steel village</span></a><span style="font-weight: 400;"> and installed safety bars in the POSCO steel bridge. POSCO-VST employees visited local orphanages to deliver healthy meals and deftly handled some exterior painting. </span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Vietnam-during-2017-POSCO-Global-Volunteer-Week-1.jpg" target="_blank" rel="noopener"><img class="aligncenter wp-image-12178 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Vietnam-during-2017-POSCO-Global-Volunteer-Week-1.jpg" alt="POSCO-Vietnam carried out activities to improve the environment of the POSCO steel village and install safety bars in the POSCO steel bridge." width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Vietnam-during-2017-POSCO-Global-Volunteer-Week-1.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Vietnam-during-2017-POSCO-Global-Volunteer-Week-1-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Vietnam-during-2017-POSCO-Global-Volunteer-Week-1-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-Vietnam-during-2017-POSCO-Global-Volunteer-Week-1-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></a></p>
<p><span style="font-weight: 400;">In the U.S., employees at POSCO-America gathered to clean up Centennial Olympic Park</span><span style="font-weight: 400;">. The Detroit office went to the local food bank to distribute food to underprivileged neighborhoods and the Houston office cleaned up the memorial parks in the neighborhood to contribute to their respective local communities.</span></p>
<p><span style="font-weight: 400;"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-America-employees-during-2017-POSCO-Global-Volunteer-Week.jpg" target="_blank" rel="noopener"><img class="aligncenter wp-image-12171 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-America-employees-during-2017-POSCO-Global-Volunteer-Week.jpg" alt="Employees at POSCO-America visited Centennial Olympic Park for environmental cleaning." width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-America-employees-during-2017-POSCO-Global-Volunteer-Week.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-America-employees-during-2017-POSCO-Global-Volunteer-Week-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-America-employees-during-2017-POSCO-Global-Volunteer-Week-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/06/POSCO-America-employees-during-2017-POSCO-Global-Volunteer-Week-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></a></span></p>
<p><span style="font-weight: 400;">As one of the world’s leading steelmakers, POSCO will continue its efforts to contribute to global sustainable development by not only developing eco-friendly technologies but also giving back to local communities.</span></p>
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				<title>Dabbawalas: India’s Steel Lunchbox Carriers</title>
				<link>https://newsroom.posco.com/en/dabbawalas-indias-steel-lunchbox-carriers/</link>
				<pubDate>Fri, 11 Dec 2015 17:53:37 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[bicycle]]></category>
		<category><![CDATA[big]]></category>
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		<category><![CDATA[business]]></category>
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		<category><![CDATA[future]]></category>
		<category><![CDATA[Indian English]]></category>
		<category><![CDATA[movie]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[service]]></category>
		<category><![CDATA[stainless steel]]></category>
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									<description><![CDATA[Every day some 4,000 dabbawalas, or packed lunch boys, set off across Mumbai&#8217;s remote outer suburbs to pick up and deliver hot meals to hungry office]]></description>
																<content:encoded><![CDATA[<p>Every day some 4,000 <em>dabbawalas</em>, or packed lunch boys, set off across Mumbai&#8217;s remote outer suburbs to pick up and deliver hot meals to hungry office workers in one of India’s biggest cities. The service has been around for over a century and has been carried out with such precision that the meal delivery system, which powers its operations with sandaled men, public trains and reusable containers, was recognized at the six sigma level of efficiency by <a href="http://www.forbes.com/sites/karlmoore/2011/05/24/the-best-way-to-innovation-an-important-lesson-from-india/" target="_blank">Forbes</a>. That means that in every six million deliveries, around only one mistake is made—a figure that puts the world’s corporate performance and supply chains to shame.</p>
<p><img class="aligncenter size-full wp-image-8822" src="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_87476699_L_sizelogo.jpg" alt="Dabbawalas: India’s Steel Lunchbox Carriers" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_87476699_L_sizelogo.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_87476699_L_sizelogo-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_87476699_L_sizelogo-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_87476699_L_sizelogo-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>The tradition began when a Parsi banker wanted to have home cooked food regularly delivered to his office and gave the responsibility to the first ever dabbawala. It soon caught on among others and the demand for the meals-on-wheels service soared.<strong> </strong></p>
<p>&nbsp;</p>
<p><strong>Steel, the Preferred Metal for Your Meal</strong></p>
<p>While the <em>wala</em>, or carrier, is no doubt the driving force behind the system, the <em>dabba</em>, or lunchbox, is a central component of India’s meal delivery culture. Widely used throughout the subcontinent, these multi-tiered “tiffin” (Indian English for a light midday meal) carriers are generally made from stainless steel and can keep food warm for up to three hours.</p>
<p><img class="aligncenter size-full wp-image-8821" src="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_92169644_L_sizelogo.jpg" alt="Dabbawalas: India’s Steel Lunchbox Carriers" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_92169644_L_sizelogo.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_92169644_L_sizelogo-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_92169644_L_sizelogo-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550GettyImagesBank_92169644_L_sizelogo-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>In addition to the tiffin boxes’ warming properties, the fact that they are made of steel means they offer plenty of other benefits, too. For one, they don’t leach toxins like plastic, ensuring food is safer, and they’re also more hygienic and easier to clean than those made of other materials—a big plus when it comes to rinsing off curry, vegetable and dal residue. Furthermore, the containers are durable and sustainable, meaning they don’t damage easily and can virtually last a lifetime.</p>
<p>Similar types of lunchboxes are also commonly used in other parts of the world, such as Southwest Asia and Northeast Africa, as well as parts of South America and Europe. Like India, the boxes in these containers hold much more than just food. They often contain mementos—a flower, a movie ticket, an apology note—and more importantly, love from the cooks, who are usually hardworking housewives. But the journey these steel boxes must undergo is a lengthy one—one that takes a dabbawala <a href="http://mumbaidabbawala.in/a-day-in-the-life-of-dabbawala/)" target="_blank">an entire day</a> to complete.<strong> </strong></p>
<p>&nbsp;</p>
<p><strong>A Day in the Life</strong> <strong>of the Dabbawala</strong></p>
<p><img class="aligncenter size-full wp-image-8820" src="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550Mumbai_Dabbawala_or_Tiffin_Wallahs-_200000_Tiffin_Boxes_Delivered_Per_Day_size.jpg" alt="Dabbawalas: India’s Steel Lunchbox Carriers" width="1300" height="550" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550Mumbai_Dabbawala_or_Tiffin_Wallahs-_200000_Tiffin_Boxes_Delivered_Per_Day_size.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550Mumbai_Dabbawala_or_Tiffin_Wallahs-_200000_Tiffin_Boxes_Delivered_Per_Day_size-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550Mumbai_Dabbawala_or_Tiffin_Wallahs-_200000_Tiffin_Boxes_Delivered_Per_Day_size-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x550Mumbai_Dabbawala_or_Tiffin_Wallahs-_200000_Tiffin_Boxes_Delivered_Per_Day_size-1024x433.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>By 9 o’clock every morning, the dabbawala has hit the streets, pedaling his bicycle—one designed with extra iron to withstand a heavier load—through the congested Mumbai traffic to his assigned area. As many older buildings are not equipped with elevators, the dabba climbs up and down the towering residences to collect the tiffin boxes from homes.</p>
<p>By the time he completes the collection, it’s already about 10:30am. He now carries the 30-40 lunchboxes he has accumulated on his bike, undeterred by the poor road conditions, mud, traffic and merciless Mumbai monsoons that plague the region every summer.</p>
<p>He then reaches the nearest railway station where fellow dabbawalas gather and sort the tiffins by destination utilizing a simple but seemingly flawless coding system. By now, most of his tiffins are handed over to other teams dispersing to various parts of the city. He joins one of them, and with his teammates, transfers different tiffin boxes in crates and hastily transports them to the railway platforms on his head.</p>
<p><img class="aligncenter size-full wp-image-8819" src="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x650Dabbawala_size.jpg" alt="Dabbawalas: India’s Steel Lunchbox Carriers" width="1300" height="650" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x650Dabbawala_size.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x650Dabbawala_size-800x400.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x650Dabbawala_size-768x384.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/05/1300x650Dabbawala_size-1024x512.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /></p>
<p>If a tiffin is on a complex route, it is further sorted on the railway platform where even more dabbawala teams work together to move the wooden crates into the trains. With the boxes put away in the luggage compartments, the men can take a short break before arriving at their assigned stations around noon.</p>
<p>Racing against the clock, the wala rushes out of the station with the lunchboxes atop his head and once again disperses them among other teams. Joining yet a different group, he and the men place the boxes in trollies and dash toward the business centers, the final destinations for the tiffin boxes.</p>
<p>As they do, pedestrians make way for the shouting, pushing dabbawalas, knowing well that they don’t stop for anyone. Each man then takes the responsibility of delivering the lunches to separate buildings, moving up and down the elevators. By 1pm, all are delivered, but the dabbawala’s job is not over yet. After a brief lunch, the dabbawala takes the empty tiffin boxes from the offices and repeats the process until all of the dabbas are returned to their respected homes before 6pm.</p>
<p>The century-old Indian meal delivery system that is powered by teamwork and steel remains incredibly efficient, even in an age where just about everything else is operated using the latest technology. Time will only tell how the process may evolve in the future (registration has recently gone <a href="http://www.dabewale.com/" target="_blank">virtual</a>), but it is certain it will continue to serve as a model of service excellence for the entire world.</p>
<p>&nbsp;</p>
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