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				<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>
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		<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>
<p>&nbsp;</p>
]]></content:encoded>
																				</item>
					<item>
				<title>6 Cities On the Road to a Driverless Future</title>
				<link>https://newsroom.posco.com/en/6-cities-road-driverless-future/</link>
				<pubDate>Tue, 12 Dec 2017 20:49:29 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[automotive market]]></category>
		<category><![CDATA[autonomous]]></category>
		<category><![CDATA[autonomous bus]]></category>
		<category><![CDATA[autonomous buses]]></category>
		<category><![CDATA[Autonomous Rail Rapid Transit]]></category>
		<category><![CDATA[autonomous taxi]]></category>
		<category><![CDATA[autonomous transportation]]></category>
		<category><![CDATA[autonomous vehicle]]></category>
		<category><![CDATA[BMW autonomous]]></category>
		<category><![CDATA[cars]]></category>
		<category><![CDATA[CCRC]]></category>
		<category><![CDATA[china autonomous transportation]]></category>
		<category><![CDATA[china autonomous vehicles]]></category>
		<category><![CDATA[cities]]></category>
		<category><![CDATA[Cities autonomous transportation]]></category>
		<category><![CDATA[Cities with autonomous transportation]]></category>
		<category><![CDATA[Cold War Germany]]></category>
		<category><![CDATA[Driverless]]></category>
		<category><![CDATA[driverless car]]></category>
		<category><![CDATA[driverless transportation]]></category>
		<category><![CDATA[driverless transportation systems]]></category>
		<category><![CDATA[Electric Vehicles]]></category>
		<category><![CDATA[England driverless bus]]></category>
		<category><![CDATA[EV]]></category>
		<category><![CDATA[General Motors autonomous]]></category>
		<category><![CDATA[Germany]]></category>
		<category><![CDATA[Germany APM]]></category>
		<category><![CDATA[germany Autonomous transportation]]></category>
		<category><![CDATA[germany ev]]></category>
		<category><![CDATA[Germany INNOVIA Automated People Mover]]></category>
		<category><![CDATA[GPS]]></category>
		<category><![CDATA[i-MiEV]]></category>
		<category><![CDATA[INNOVIA]]></category>
		<category><![CDATA[INNOVIA Automated People Mover]]></category>
		<category><![CDATA[LA Autonomous]]></category>
		<category><![CDATA[LA Autonomous transportation]]></category>
		<category><![CDATA[LA uber]]></category>
		<category><![CDATA[Las Vegas]]></category>
		<category><![CDATA[las vegas autonomous bus]]></category>
		<category><![CDATA[las vegas autonomous shuttle]]></category>
		<category><![CDATA[LiDAR]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[London’s Olympic Park]]></category>
		<category><![CDATA[Los Angeles]]></category>
		<category><![CDATA[Los Angeles autonomous]]></category>
		<category><![CDATA[los angeles Autonomous transportation]]></category>
		<category><![CDATA[Los Angeles autonomous vehicle]]></category>
		<category><![CDATA[Los angeles uber]]></category>
		<category><![CDATA[Mitsubishi i-MiEV]]></category>
		<category><![CDATA[Mitsubishi i-MiEV electrics]]></category>
		<category><![CDATA[Munich]]></category>
		<category><![CDATA[munich Autonomous]]></category>
		<category><![CDATA[munich Autonomous transportation]]></category>
		<category><![CDATA[munich autonomous vehicle]]></category>
		<category><![CDATA[munich electric vehicle]]></category>
		<category><![CDATA[munich ev]]></category>
		<category><![CDATA[nuTonomy]]></category>
		<category><![CDATA[Singapore]]></category>
		<category><![CDATA[Singapore autonomous transportation]]></category>
		<category><![CDATA[Singapore EV]]></category>
		<category><![CDATA[Singapore taxi]]></category>
		<category><![CDATA[Singapore transportation]]></category>
		<category><![CDATA[Source Curbed London]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[transportation systems]]></category>
		<category><![CDATA[uber]]></category>
		<category><![CDATA[UK autonomous]]></category>
		<category><![CDATA[UK autonomous transportation]]></category>
		<category><![CDATA[UK autonomous vehicle]]></category>
		<category><![CDATA[UK driverless bus]]></category>
		<category><![CDATA[Zhuzhou City]]></category>
		<category><![CDATA[Zhuzhou City autonomous transportation]]></category>
		<category><![CDATA[Zhuzhou City autonomous vehicle]]></category>
		<category><![CDATA[Zhuzhou City autonomous vehicles]]></category>
		<category><![CDATA[Zhuzhou City transportation]]></category>
									<description><![CDATA[Fully automated cars have yet to hit the streets in significant numbers. However, improvements are being made every day, and there are cities globally that]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">Fully automated cars have yet to hit the streets in significant numbers. However, improvements are being made every day, and there are cities globally that have already embraced the technology. Experts agree that autonomous transportation will prove especially useful when combined with ride-hailing services, and if the two develop concurrently, it could lead to a decrease in car ownership as well as a solution to the problems of urban mobility faced by major cities today.</span></p>
<p><b>SEE ALSO: </b><a href="https://newsroom.posco.com/en/ask-an-expert-electric-vehicles-and-the-future-of-the-automotive-market/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><b>Ask an Expert: Electric Vehicles and the Future of the Automotive Market</b></a></p>
<p>However, implementing autonomous transportation systems is no easy task, from perfecting the technology to sorting out legal matters. Take a look at these 6 early-adapting cities around the world that have embarked on the road to driverless transportation systems.</p>
<h2><b>Singapore</b></h2>
<p><span style="font-weight: 400;">Last year, the city-state became the first in the world to launch an automated taxi service. While many companies such as Uber have been testing driverless taxi systems, no one has launched a working model yet. Singapore’s autonomous taxi service launched by </span><a href="http://www.nutonomy.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">nuTonomy</span></a><span style="font-weight: 400;"> only has six cars, but the company has plans to have a full fleet of driverless taxis on Singapore roads by 2018. For now, the fleet consists of </span><a href="https://www.bloomberg.com/news/articles/2016-08-25/world-s-first-self-driving-taxis-debut-in-singapore" target="_blank" rel="noopener"><span style="font-weight: 400;">modified Renault Zoe and Mitsubishi i-MiEV electrics</span></a><span style="font-weight: 400;"> that have an emergency driver at the wheel and researchers who ride in the back to gather data. The service is expected to drastically reduce the number of vehicles on Singapore’s congested roads.</span></p>
<div id="attachment_13360" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Singapore-Autonomous-Taxi.jpg" target="_blank" rel="noopener"><img class="wp-image-13360 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Singapore-Autonomous-Taxi-1024x576.jpg" alt="A man is opening the door to one of nuTonomy’s autonomous taxis in Singapore." width="640" height="360" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Singapore-Autonomous-Taxi-1024x576.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Singapore-Autonomous-Taxi-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Singapore-Autonomous-Taxi-800x450.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Singapore-Autonomous-Taxi-768x432.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">Singapore is the first city in the world to have a running autonomous taxi service. (Source: <a href="https://www.autoevolution.com/news/first-operational-self-driving-taxi-goes-live-in-singapore-nutonomy-created-it-110647.html" target="_blank" rel="noopener">Auto Evolution</a>)</p></div>
<h2><b>Los Angeles</b></h2>
<p><span style="font-weight: 400;">After much delay, city officials finally made it legal to test driverless vehicles in L.A. this year, and by 2020, the city could have fully autonomous vehicles operating on its roads. So far, 43 companies such as General Motors, Apple and Uber have testing permits in California, which means that a driver must be at the wheel, prepared to take over in case of an emergency. The Department of Motor Vehicles will finalize the rules and regulations surrounding autonomous vehicle testing in 2018. Autonomous transportation is a sector that will continue to generate much investment, and L.A. was already losing business to other cities in the U.S. due to its regulatory restrictions. With the new guidelines in place, the city can expect to be bustling with startup activity and innovative solutions to its transportation challenges.</span></p>
<div id="attachment_13356" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Car-in-L.A..jpg" target="_blank" rel="noopener"><img class="wp-image-13356 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Car-in-L.A.-1024x653.jpg" alt="An electric, autonomous vehicle on California Street" width="640" height="408" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Car-in-L.A.-1024x653.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Car-in-L.A.-800x510.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Car-in-L.A.-768x489.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">For now, L.A. law requires drivers at the wheel of every autonomous vehicle. (Source: <a href="http://www.latimes.com/business/la-fi-hy-dmv-driverless-rules-20160920-snap-story.html" target="_blank" rel="noopener">Los Angeles Times</a>)</p></div>
<h2><b>Munich</b></h2>
<p><span style="font-weight: 400;">Germany is home to the most advanced automakers in the world, and in August 2017, German lawmakers drew up the guidelines for operating autonomous vehicles. Under the new guidelines, all autonomous vehicle software must be programmed in such a way that human life will be protected at any cost, over animals and property. Germany’s Transportation Ministry is the first in the world to draw up such guidelines for automated driving, and wide-implementation of autonomous transportation is expected to follow, starting with Munich.</span></p>
<div id="attachment_13358" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/INNOVIA-APM-300.jpg" target="_blank" rel="noopener"><img class="wp-image-13358 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/INNOVIA-APM-300-1024x768.jpg" alt="The INNOVIA APM 300 waiting to transport passengers at Munich Airport." width="640" height="480" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/INNOVIA-APM-300-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/INNOVIA-APM-300-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/INNOVIA-APM-300-768x576.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">Munich Airport now provides autonomous shuttle services between Terminal 2 and a satellite facility. (Source: <a href="http://ir.bombardier.com/en/press-releases/press-releases/63131-bombardier-s-innovia-apm-300-automated-people-mover-system-enters-service-at-munich-airport" target="_blank" rel="noopener">Bombardier</a>)</p></div>
<p><span style="font-weight: 400;">Recently, Munich Airport launched an autonomous shuttle service that links Terminal 2 to a new infield satellite facility with an underground train. The trains are called INNOVIA Automated People Mover (APM) 300 and were built by </span><a href="http://www.bombardier.com/en/home.html" target="_blank" rel="noopener"><span style="font-weight: 400;">Bombardier</span></a><span style="font-weight: 400;">. The train tunnel is </span><a href="https://www.munich-airport.com/munich-s-airport-subway-successfully-first-trip-341717" target="_blank" rel="noopener"><span style="font-weight: 400;">382 meters</span></a><span style="font-weight: 400;"> and will have the capacity to move </span><a href="https://www.intelligenttransport.com/transport-news/18985/automated-people-mover-system-munich-airport/" target="_blank" rel="noopener"><span style="font-weight: 400;">10,900 passengers</span></a><span style="font-weight: 400;"> every hour in either direction. </span></p>
<h2><b>Las Vegas</b></h2>
<p><span style="font-weight: 400;">Las Vegas is another early-adapting city with plans to have autonomous transportation up and running throughout the entire city. However, the city’s first attempt at automated transportation ended badly when their automated shuttle bus collided with a semi-truck less than 2 hours after its debut. The cause of the accident was a delivery truck that backed into the bus. The shuttle was equipped with LiDAR sensors to map the roads. It was also fitted with cameras to identify obstacles on its path, and GPS locators for operators to locate the shuttle’s location. Despite the advanced systems, the city learned the hard way it cannot control what others do on the roads.</span></p>
<div id="attachment_13359" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Las-Vega-Autonomous-Bus.jpg" target="_blank" rel="noopener"><img class="wp-image-13359 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Las-Vega-Autonomous-Bus-1024x410.jpg" alt="Las Vegas’ autonomous bus and a truck were involved in a minor accident." width="640" height="256" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Las-Vega-Autonomous-Bus-1024x410.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Las-Vega-Autonomous-Bus-800x320.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Las-Vega-Autonomous-Bus-768x307.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Las-Vega-Autonomous-Bus.jpg 1280w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">The truck hit the autonomous bus that didn’t have the ability to reverse. (Source: <a href="https://www.mbtmag.com/news/2017/11/self-operating-shuttle-bus-crashes-after-las-vegas-launch" target="_blank" rel="noopener">MBTMag</a>)</p></div>
<h2><b>China’s Zhuzhou City</b></h2>
<p><span style="font-weight: 400;">Many good things are happening in China in terms of autonomous transportation. Recently in Zhuzhou, an autonomous, caterpillar-like bus was spotted. The Autonomous Rail Rapid Transit (ART), was developed by </span><a href="http://www.crrcgc.cc/en/g5141.aspx" target="_blank" rel="noopener"><span style="font-weight: 400;">CCRC</span></a><span style="font-weight: 400;">, a Beijing-based company that deals with the supply of rail transit equipment. It moves along Zhuzhou roads via sensors and can travel up to </span><a href="https://www.curbed.com/2017/11/6/16614986/zhuzhou-china-art-rail-bus" target="_blank" rel="noopener"><span style="font-weight: 400;">70km per hour</span></a><span style="font-weight: 400;"> on its electric batteries and is expected to cut carbon emissions and ease traffic congestion.</span></p>
<div id="attachment_13357" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Rail-Rapid-Transit.jpg" target="_blank" rel="noopener"><img class="wp-image-13357 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Rail-Rapid-Transit-1024x683.jpg" alt="The ART in the middle of the road in Zhuzhou, China." width="640" height="427" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Rail-Rapid-Transit-1024x683.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Rail-Rapid-Transit-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Rail-Rapid-Transit-768x512.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Autonomous-Rail-Rapid-Transit.jpg 1200w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">The ART looks like a cross between a bus and a train and glides through the city using sensors. (Source: <a href="https://www.curbed.com/2017/11/6/16614986/zhuzhou-china-art-rail-bus" target="_blank" rel="noopener">Curbed</a>)</p></div>
<h2><b>London</b></h2>
<p><span style="font-weight: 400;">In September, the UK’s first driverless bus was tested in London’s Olympic Park. Interestingly, residents, visitors and tourists were invited to take part in the test runs throughout the month of September, free of charge. Like other autonomous buses, this electric bus navigates the roads via sensors, cameras and GPS maps. So far, the tests have been successful and the city hopes to implement the buses throughout the city in the near future. Take a look at some of the initial reactions.</span></p>
<div class="video_wrap"><iframe src="https://www.youtube.com/embed/accbPm_ecLQ?rel=0" width="300" height="150" allowfullscreen="allowfullscreen"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">?</span></span></iframe></div>
<p><span style="font-weight: 400;">Going into 2018, companies such as Uber, General Motors and BMW are expected to continue investing in autonomous vehicles and ride-sharing services. As more and more cities fine-tune their regulations and guidelines surrounding such modes of transportation, the world should see driverless transportation options pop up in more places, with fewer errors, providing more sustainable transportation systems. </span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of <a href="http://www.businessinsider.com/google-driverless-car-history-photos-2016-10/#google-launched-its-self-driving-car-project-in-2009-under-the-leadership-of-sebastian-thrun-a-stanford-university-professor-who-is-lauded-as-the-founder-of-the-autonomous-car-while-at-google-thrun-led-several-projects-at-googles-x-research-lab-including-google-glass-and-street-view-thrun-has-since-left-google-and-is-now-the-founder-of-education-startup-udacity-1" target="_blank" rel="noopener">Business Insider</a>. </span></p>
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				<title>Going Autonomous: The Transformation of the Transportation Industry</title>
				<link>https://newsroom.posco.com/en/going-autonomous-transformation-transportation-industry/</link>
				<pubDate>Mon, 18 Sep 2017 10:00:54 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[argo ai]]></category>
		<category><![CDATA[auto evolution]]></category>
		<category><![CDATA[auto industry]]></category>
		<category><![CDATA[automaker]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[autonomous]]></category>
		<category><![CDATA[autonomous airplane]]></category>
		<category><![CDATA[autonomous car]]></category>
		<category><![CDATA[autonomous cars]]></category>
		<category><![CDATA[autonomous transportation]]></category>
		<category><![CDATA[cruise automation]]></category>
		<category><![CDATA[driverless car]]></category>
		<category><![CDATA[eno centre for transportation]]></category>
		<category><![CDATA[fuel efficiency]]></category>
		<category><![CDATA[future car]]></category>
		<category><![CDATA[giga steel]]></category>
		<category><![CDATA[lightweight]]></category>
		<category><![CDATA[Lightweight Cars]]></category>
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		<category><![CDATA[microsoft]]></category>
		<category><![CDATA[Next Future Transportation]]></category>
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		<category><![CDATA[safety]]></category>
		<category><![CDATA[self-driving]]></category>
		<category><![CDATA[smart car]]></category>
		<category><![CDATA[steel industry]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[transportation industry]]></category>
		<category><![CDATA[travel]]></category>
		<category><![CDATA[vehicle]]></category>
									<description><![CDATA[Planes, trains, and automobiles — they have been the arteries of the transportation industry for a long time. These vehicles, along with other methods of]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">Planes, trains, and automobiles — they have been the arteries of the transportation industry for a long time. These vehicles, along with other methods of transportation, remain vital as autonomous transportation emerges in full.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Many people have heard of self-driving cars, but this is just one example of unmanned, autonomous transportation. Ferries, pods, drones, and other vehicles are all part of the innovative trend toward vehicles that operate on their own, providing great opportunities to companies looking to invest.</span></p>
<h2>Why Should People Care About Autonomous Transportation?</h2>
<p><span style="font-weight: 400;">Autonomous transportation is emerging across the world, from personal vehicles to Tesla’s proposed semi trucks that drive in convoy with a lead vehicle handling autonomous follow trucks. Intel is also planning to </span><a href="https://www.theverge.com/2017/8/9/16119000/intel-mobileye-self-driving-cars-level-4" target="_blank" rel="noopener"><span style="font-weight: 400;">test a fleet of one hundred autonomous cars </span></a><span style="font-weight: 400;">and Hyundai’s planning to </span><a href="https://www.forbes.com/sites/frankahrens/2017/08/11/hyundai-aims-to-show-its-ready-for-self-driving-olympics-at-pyeongchang/#557012357f59" target="_blank" rel="noopener"><span style="font-weight: 400;">showcase its self-driving technology</span></a><span style="font-weight: 400;"> at the biggest winter sports event of 2018.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">While many have heard of self-driving cars and other road-based vehicles, it may come as a surprise to learn just how far technology has advanced in autonomous transportation. The Swiss bank </span><a href="https://www.ubs.com/ch/en.html" target="_blank" rel="noopener"><span style="font-weight: 400;">UBS</span></a><span style="font-weight: 400;">, suggests that </span><a href="https://www.cnbc.com/2017/08/07/pilotless-planes-could-save-airline-industry-billions-of-us-dollars-ubs-note.html" target="_blank" rel="noopener"><span style="font-weight: 400;">autonomous airplanes could be in place by 2025</span></a><span style="font-weight: 400;">, a feat that would save airlines $35 billion a year. Clearly, the benefits are drastic and it is becoming essential for companies to invest in making autonomous travel work.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Even further into the future, companies like </span><a href="http://www.next-future-mobility.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Next Future Transportation</span></a><span style="font-weight: 400;"> are envisioning pod travel, through which individual vehicles will autonomously transport people from point A to point B.</span></p>
<div id="attachment_12856" style="width: 1210px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods.jpg" target="_blank" rel="noopener"><img class="wp-image-12856 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods.jpg" alt="A man steps out of a Next Future Transportation autonomous pod" width="1200" height="800" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods.jpg 1200w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods-768x512.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Next-Future-Transportations-Autonomous-Pods-1024x683.jpg 1024w" sizes="(max-width: 1200px) 100vw, 1200px" /></a><p class="wp-caption-text">Next Future Transportation’s autonomous pod (Source: <a href="http://www.next-future-mobility.com/analysis" target="_blank" rel="noopener">Next Future Transportation</a>)</p></div>
<p><span style="font-weight: 400;">No matter the type, the economic impact of autonomous transportation technology is unavoidable. Boston Consulting Group expects that the driverless car market will be worth </span><a href="https://www.fool.com/investing/2017/03/13/about-to-buy-driverless-car-stocks-read-this-first.aspx" target="_blank" rel="noopener"><span style="font-weight: 400;">$42 billion by 2025 and $77 billion by 2035</span></a><span style="font-weight: 400;">, and IHS suggests </span><a href="https://www.fool.com/investing/2017/03/13/about-to-buy-driverless-car-stocks-read-this-first.aspx" target="_blank" rel="noopener"><span style="font-weight: 400;">driverless car ubiquity will hit around 2050</span></a><span style="font-weight: 400;">. </span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">In terms of what these automated vehicles offer to the public, the </span><a href="https://www.enotrans.org/wp-content/uploads/2015/09/AV-paper.pdf" target="_blank" rel="noopener"><span style="font-weight: 400;">Eno Centre for Transportation</span></a><span style="font-weight: 400;"> reports that if 90 percent of American roads were autonomous, </span><a href="http://www.businessinsider.com/advantages-of-driverless-cars-2016-6/#roads-will-be-safer-1" target="_blank" rel="noopener"><span style="font-weight: 400;">accidents would drop from 6 million a year to 1.3 million; deaths would fall from 33,000 to 11,300</span></a><span style="font-weight: 400;">. Add in better traffic conditions, higher fuel efficiency and extra time gained from not driving, and it’s easy to see why companies are taking notice of this tech sector.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><b>Who is Investing in Autonomous Transportation?</b><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Autonomous transportation entails investment from various industries from materials to technology, and major players are making early moves. Tesla is a good example of a specialty vehicle company determined to see autonomous transportation become a worldwide reality. </span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Big names in traditional transportation are also jumping aboard. General Motors </span><a href="https://www.forbes.com/sites/alanohnsman/2017/04/04/gms-cruise-poised-to-add-1100-silicon-valley-autonomous-car-tech-jobs/#368a34d25cca" target="_blank" rel="noopener"><span style="font-weight: 400;">purchased Cruise Automation</span></a><span style="font-weight: 400;">, and Ford has </span><a href="https://www.theverge.com/2017/8/16/16155254/argo-ai-ford-self-driving-car-autonomous" target="_blank" rel="noopener"><span style="font-weight: 400;">invested in an AI startup, Argo AI</span></a><span style="font-weight: 400;">. Audi has </span><a href="https://techcrunch.com/2016/07/25/audi-setting-up-a-subsidiary-dedicated-to-self-driving-car-tech/" target="_blank" rel="noopener"><span style="font-weight: 400;">created a subsidiary</span></a><span style="font-weight: 400;">, the SDS Company, focused on self-driving technology, and BMW has </span><a href="https://www.reuters.com/article/us-continental-autonomous/continental-joins-bmw-intel-mobileye-platform-for-self-driving-cars-idUSKBN19B0TP" target="_blank" rel="noopener"><span style="font-weight: 400;">formed an alliance</span></a><span style="font-weight: 400;"> with Intel and Mobileye.</span><span style="font-weight: 400;"><br />
</span> <span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">There are also auto suppliers getting into this market, such as </span><a href="http://www.magna.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Magna</span></a><span style="font-weight: 400;">, a supplier that is manufacturing vehicles as well as providing the parts to help more traditional companies jump into automated vehicles.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Tech giants like Microsoft are getting involved, too, </span><a href="https://www.cnbc.com/2017/07/19/microsoft-baidu-team-up-for-self-driving-platform-apollo.html" target="_blank" rel="noopener"><span style="font-weight: 400;">collaborating with automakers</span></a><span style="font-weight: 400;"> to include their own technology in self-driving vehicles, as well as to research and develop automated transportation technology.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Whether companies are involved in creating the actual vehicles that will be automated, providing security and safety features, pursuing further research, or providing the materials needed to create these vehicles of the future, it is safe to say that this industry is growing rapidly.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><b>Autonomous Transportation and the Steel Industry</b><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">A shift toward autonomous transportation is good news for the steel industry. At first glance, it seems steel consumption will decrease as fewer car accidents will lead to less demand for repair parts and more room to use other materials for aesthetic purposes. However, demand for high-strength, premium steels that are highly sought after in traditional cars will continue to increase. </span></p>
<p><span style="font-weight: 400;">Materials like </span><a href="https://newsroom.posco.com/en/posco-giga-steel-opens-door-future-auto-industry/" target="_blank" rel="noopener"><span style="font-weight: 400;">POSCO GIGA STEEL</span></a><span style="font-weight: 400;"> provide greater strength and safety for automated vehicles, an important consideration when one considers a road full of cars driving themselves. While people may no longer be behind the wheel, they will want to know that their cars, and the cars around them, are made to the highest safety standards. Safety regulations for traditional cars are only getting tougher, and that won’t change with autonomous vehicles.</span></p>
<div id="attachment_12857" style="width: 1210px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL.jpg" target="_blank" rel="noopener"><img class="wp-image-12857" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-1024x433.jpg" alt="POSCO’s PBC-EV made with POSCO GIGA STEEL on display" width="1200" height="508" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-1024x433.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO-GIGA-STEEL.jpg 1300w" sizes="(max-width: 1200px) 100vw, 1200px" /></a><p class="wp-caption-text">POSCO’s PBC-EV made with POSCO GIGA STEEL</p></div>
<p><span style="font-weight: 400;">High-strength steel allows car makers to </span><a href="https://newsroom.posco.com/en/ask-expert-posco-giga-steel-frames-g4-rexton/" target="_blank" rel="noopener"><span style="font-weight: 400;">lightweight their vehicles without compromising safety</span></a><span style="font-weight: 400;">. POSCO GIGA STEEL’s </span><a href="https://newsroom.posco.com/en/auto-industry-finds-steel-solution-lightweighting/" target="_blank" rel="noopener"><span style="font-weight: 400;">lightweight properties</span></a><span style="font-weight: 400;"> make it a sustainable solution for automated vehicles that aim to leave a minimal carbon footprint and </span><a href="https://newsroom.posco.com/en/3-reasons-posco-giga-steel-ideal-automakers/" target="_blank" rel="noopener"><span style="font-weight: 400;">maximize fuel efficiency</span></a><span style="font-weight: 400;">. Even better, it is affordable; an important factor considering the overall cost of the technology and hardware that goes into automated vehicles.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">The steel industry will also see a boost in the need for accompanying facilities for automated transportation, including manufacturing plants, parking structures, charging stations, smart roads and so on. While automated transportation may be high tech, there will be plenty of opportunities for those in the steel industry to provide material solutions to a rapidly growing market.</span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="https://www.autoevolution.com/news/old-law-in-the-state-of-new-york-must-be-changed-to-enable-self-driving-cars-107966.html" target="_blank" rel="noopener"><span style="font-weight: 400;">Auto Evolution</span></a><span style="font-weight: 400;">.</span></p>
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				<title>Ask an Expert: Building Bridges for Megacities</title>
				<link>https://newsroom.posco.com/en/ask-expert-building-bridges-megacities/</link>
				<pubDate>Thu, 31 Aug 2017 10:08:06 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[POSCO Reports]]></category>
		<category><![CDATA[bridge]]></category>
		<category><![CDATA[cities]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[electricity]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[megacities]]></category>
		<category><![CDATA[Paris]]></category>
		<category><![CDATA[steel]]></category>
		<category><![CDATA[Tokyo]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[urban bridges]]></category>
									<description><![CDATA[A “megacity” is defined as a city with a population of more than 10 million people. According to the UN, megacities have more than doubled since 2015, and 80%]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">A “megacity” is defined as a city with a population of more than 10 million people. According to the </span><a href="https://qz.com/688823/80-of-the-worlds-megacities-are-now-in-asia-latin-america-or-africa/" target="_blank" rel="noopener"><span style="font-weight: 400;">UN</span></a><span style="font-weight: 400;">, megacities have more than doubled since 2015, and 80% of the world’s megacities are now in Asia, Latin America or Africa. According to a </span><a href="http://w3.siemens.co.uk/mobility/uk/en/rail_solutions/DC/Documents/MegaCity.pdf" target="_blank" rel="noopener"><span style="font-weight: 400;">report published by Siemens</span></a><span style="font-weight: 400;">, transportation is the top infrastructure concern for megacities as it directly influences the economic and environmental well-being of the megacities. </span></p>
<p><span style="font-weight: 400;">Here is what bridge expert Marco Rosignoli had to say about emerging megacities, the greatest challenge of providing efficient transportation and what kind of bridges will need to be built to accommodate the changing urban environment.  </span></p>
<h2><b>The Cities of the Future </b></h2>
<p><span style="font-weight: 400;">Today, megacities are the gateways of globalization. They drive flows of people, goods, knowledge and money around the world, and they also make a large contribution to economic growth at a national level. Tokyo accounts for 28 percent of the Japanese population and generates 40 percent of the country’s GDP. Paris accounts for 16 percent of the French population and generates 30 percent of its GDP. Many metropolitan regions have higher GDP pro-capita than the national average, higher labor productivity, and faster growth rates. </span></p>
<p><span style="font-weight: 400;">Given their weight in the national economy, the ability of megacities to compete at a global level is paramount. To attract investment, these cities need modern, efficient infrastructures. As the competition shifts from competition among countries to competition among cities, many countries are developing policies to develop their cities into globally competitive megacities. </span></p>
<h2><b>“Mega” Challenges for “Mega” Cities</b></h2>
<p><span style="font-weight: 400;">Recent studies show that transportation is the biggest infrastructure challenge of megacities and has a big impact on city competitiveness. Transport problems affect megacities at all levels of development and range from obsolete systems and aging infrastructure of mature cities such as London and New York to an insufficient system capacity of transitional cities and even non-existing basic infrastructure of emerging cities such as Karachi.</span></p>
<p><span style="font-weight: 400;">The mass transport systems of megacities must be capable of transporting millions of people while putting as little strain as possible on the environment. A good quality of life requires a well-functioning infrastructure, and an effective infrastructure contributes to economic prosperity.</span></p>
<div id="attachment_12738" style="width: 810px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/08/Rush-Hour-in-Shanghai-China.jpg" target="_blank" rel="noopener"><img class="wp-image-12738" src="https://newsroom.posco.com/en/wp-content/uploads/2017/08/Rush-Hour-in-Shanghai-China-1024x433.jpg" alt="Traffic congestion during rush hour at Shanghai, China" width="800" height="338" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/08/Rush-Hour-in-Shanghai-China-1024x433.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/Rush-Hour-in-Shanghai-China-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/Rush-Hour-in-Shanghai-China-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/Rush-Hour-in-Shanghai-China.jpg 1300w" sizes="(max-width: 800px) 100vw, 800px" /></a><p class="wp-caption-text">Traffic congestion during rush hour at Shanghai, China</p></div>
<p><span style="font-weight: 400;">Congestion costs are huge for megacities’ economy, employment and the environment. Air pollution and traffic problems are the top two environmental problems of megacities, and road transport alone is responsible for over 40 percent of discharge of suspended particles into the atmosphere. Although water, electricity, health care, safety and security also need investment, recent studies suggest that these sectors are less likely to see a strong link between spending and improved competitiveness of megacities, despite their important impact on the attractiveness of the city for investment. Instead, stakeholders will prioritize spending on improving transportation infrastructure to boost city competitiveness. </span></p>
<h2><b>Investing in Transportation for Megacities</b></h2>
<p><span style="font-weight: 400;">Stakeholders are split on whether to invest in new transport capacity or reorganize, revitalize and increase the efficiency of existing infrastructure. When new investment is made available, it will likely be used to deliver incremental improvements to existing transportation systems rather than on new infrastructure projects.</span></p>
<div id="attachment_12731" style="width: 810px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Goethals-Bridge-in-New-York.jpg" target="_blank" rel="noopener"><img class="wp-image-12731" src="https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Goethals-Bridge-in-New-York-1024x683.jpg" alt="The Goethals Bridge that connects Elizabeth, NJ to Staten Island under reconstruction" width="800" height="534" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Goethals-Bridge-in-New-York-1024x683.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Goethals-Bridge-in-New-York-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Goethals-Bridge-in-New-York-768x512.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></a><p class="wp-caption-text">The Goethals Bridge in New York under reconstruction (Source: <a href="http://nypost.com/2017/06/09/new-goethals-bridge-to-open-first-of-two-spans/" target="_blank" rel="noopener">New York Post</a>)</p></div>
<p><span style="font-weight: 400;">Thus, megacities can expect to see public investment go toward the maintenance of existing bridges, restoring and partially rebuilding instead of constructing from scratch. Maintenance efforts will include the demolition of existing bridges, combined with the conversion of old-generation steels into new families of high-grade steels. This will reduce the environmental impact and achieve a net earning in structural capacity that will pay off part of the energy cost of the reconversion process.</span></p>
<p><span style="font-weight: 400;">Overall, public investment in traditional roads and roadway bridges will diminish, and will increase for eco-friendly sectors such as mass transit systems, electrified ground transportation for food and public services, light-rail transit bridges serving local districts from mass transit hubs, and high-speed railway networks connecting megacities to airports, ports and other megacities. The environmental impact of private transportation will also lead to new, greener mass transit solutions, which will become a top priority for investment.</span></p>
<h2><b>Bridges of the Future</b></h2>
<p><span style="font-weight: 400;">Many urban bridges in the U.S. were designed to be as light as possible in light of the scarcity of steel following the 2nd World War. This led to the use of long-span trusses incorporating built-up sections with trusses and lightening holes. Such bridges require constant maintenance and hand painting of large surfaces, which makes their maintenance financially prohibitive. Bridges that are still in acceptable service conditions may suggest replacement just to avoid maintenance costs.</span></p>
<p><span style="font-weight: 400;">New-generation urban bridges designed for long service life and minimized lifecycle costs will use plate girders and multiple protective layers of replaceable materials. Modern high-grade steels allow for the use of a smaller number of structural members, which diminishes the number of field splices, diaphragms, lateral braces, and steel surfaces to protect.</span></p>
<div id="attachment_12739" style="width: 810px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Stonecutters-Bridge.jpg" target="_blank" rel="noopener"><img class="wp-image-12739" src="https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Stonecutters-Bridge-1024x433.jpg" alt="A night view of the Stonecutters Bridge and container port in Hong Kong" width="800" height="338" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Stonecutters-Bridge-1024x433.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Stonecutters-Bridge-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Stonecutters-Bridge-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/The-Stonecutters-Bridge.jpg 1300w" sizes="(max-width: 800px) 100vw, 800px" /></a><p class="wp-caption-text">The Stonecutters Bridge and container port in Hong Kong</p></div>
<p><span style="font-weight: 400;">Compared with reinforced concrete, steel offers a higher strength-to-weight ratio that increases the design efficiency of modular bridges. These days, steel bridges are becoming increasingly stronger and lighter. As a core material, steel facilitates the delivery of prefabricated units, simplifies the design of bridge piers and foundations, and is easier and faster to recycle or use in smaller quantities. </span></p>
<p><span style="font-weight: 400;">In the future, these lighter and smaller bridge units will require more field splices, and new types of bolted, welded or hybrid connections will be introduced to increase the structural efficiency of connections, impose less structural constraints on their distribution, and avoid the weakening of the cross-section with drilled holes.</span></p>
<p><span style="font-weight: 400;">Moreover, the availability of deck assembly areas and interference of construction operations with adjacent infrastructure will govern bridge design. Incremental launching construction from aerial platforms will see new applications, especially when combined with on-site welding of the field splices among modular bridge units. The welding of field splices will allow for optimized segmentation of bridge units, will diminish the cost of field splices, and will relax the fabrication tolerances of the units.</span></p>
<div id="attachment_12730" style="width: 810px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/08/Incremental-launching-construction.jpg" target="_blank" rel="noopener"><img class="wp-image-12730" src="https://newsroom.posco.com/en/wp-content/uploads/2017/08/Incremental-launching-construction-1024x683.jpg" alt=" Incremental launching construction in London, UK" width="800" height="534" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/08/Incremental-launching-construction.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/Incremental-launching-construction-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/08/Incremental-launching-construction-768x512.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></a><p class="wp-caption-text">Incremental launching construction in London, UK (Source: <a href="http://knightarchitects.co.uk/" target="_blank" rel="noopener">Knight Architects</a>)</p></div>
<p><span style="font-weight: 400;">Overall, emerging megacities will translate into an increased demand for bridges, whether it is from building a new bridge or a reconstructing an existing bridge. The challenge will shift from structural considerations to rapid, cost-effective construction processes within a complex urban environment.</span></p>
<p><span style="font-weight: 400;">Future bridges that will accommodate stricter environmental and sustainability regulations will feature shorter, lighter spans that can be prefabricated in smart factories and transported and erected rapidly in a congested urban environment. </span></p>
<p><span style="font-weight: 400;">Steel bridges offer many advantages over prestressed-concrete bridges under these new demands. A transition to greener megacities will provide a wealth of business opportunities, eco-friendly technologies and construction materials, and diversification for the coming future. </span></p>
<p>Continue on to <a href="https://newsroom.posco.com/en/ask-expert-building-bridges-megacities-part-2/" target="_blank" rel="noopener">Part Two of Marco Rosignoli’s post</a> on technical and materials solutions for the construction of large-scale bridges in megacities.</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>Limitless Advancements in Railway Innovation</title>
				<link>https://newsroom.posco.com/en/limitless-advancements-railway-innovation/</link>
				<pubDate>Fri, 21 Jul 2017 09:59:21 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[cities]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[Djibouti]]></category>
		<category><![CDATA[engineering]]></category>
		<category><![CDATA[Ethiopia]]></category>
		<category><![CDATA[GBT]]></category>
		<category><![CDATA[Gotthard Base Tunnel]]></category>
		<category><![CDATA[Railway]]></category>
		<category><![CDATA[Railway tunnel]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[tunnel]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[World Steel Association]]></category>
									<description><![CDATA[The railway industry, one of the oldest transportation industries, is continuously evolving thanks to advancements in technology and engineering. According to]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">The railway industry, one of the oldest transportation industries, is continuously evolving thanks to advancements in technology and engineering. According to World Steel Association’s recently published </span><a href="https://www.worldsteel.org/media-centre/lovesteel/lovesteel-steel-and-rail.html" target="_blank" rel="noopener"><span style="font-weight: 400;">infographic</span></a><span style="font-weight: 400;">, the total length of railways worldwide spans 1,055,263 km &#8211; enough steel rails to cover more than 2.7 times the distance to the moon. </span></p>
<p><span style="font-weight: 400;">Of these many railways across the globe, which are becoming bigger, faster and longer today, The Steel Wire explores two recently established railway systems that opened limitless opportunities for the countries they connect. </span></p>
<h2><b>The World’s Longest Tunnel Through the Alps</b></h2>
<p><span style="font-weight: 400;">The world’s longest and deepest train tunnel officially opened in December 2016, after nearly two decades and USD 12.5 billion worth of construction work in Switzerland. The new 35-mile or nearly 57km tunnel was designed to replace the previous tunnel, which had limited train speed and cargo capacity as it would wind up, down and around the Alps.  </span></p>
<p><span style="font-weight: 400;">The Gotthard Base Tunnel (GBT), which can carry passengers deep under the Swiss Alps from Zurich to Lugano, has been praised across Europe for improving connectivity from Rotterdam to the Adriatic and </span><a href="https://www.nytimes.com/2016/06/02/world/europe/gotthard-base-rail-tunnel-switzerland.html" target="_blank" rel="noopener"><span style="font-weight: 400;">revolutionizing European freight and passenger transportation</span></a><span style="font-weight: 400;">. The almost perfectly flat pass allows high-speed passenger trains and heavy freight trains with twice the cargo to race through up to 155 mph. The efficiency and reliability of rail freight traffic and increased transport capacity of the route will allow as many as 260 freight trains to pass through the GBT every day (the maximum number was 180 for the previous mountain route). </span></p>
<div id="attachment_12501" style="width: 670px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/07/Gotthard-Base-Tunnel-GBT-in-Switzerland.jpg" target="_blank" rel="noopener"><img class="wp-image-12501" src="https://newsroom.posco.com/en/wp-content/uploads/2017/07/Gotthard-Base-Tunnel-GBT-in-Switzerland.jpg" alt="The Gotthard Base Tunnel (GBT) in Switzerland constitutes the first flat route through the Alps." width="660" height="440" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/07/Gotthard-Base-Tunnel-GBT-in-Switzerland.jpg 3959w, https://newsroom.posco.com/en/wp-content/uploads/2017/07/Gotthard-Base-Tunnel-GBT-in-Switzerland-800x533.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/07/Gotthard-Base-Tunnel-GBT-in-Switzerland-768x512.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/07/Gotthard-Base-Tunnel-GBT-in-Switzerland-1024x683.jpg 1024w" sizes="(max-width: 660px) 100vw, 660px" /></a><p class="wp-caption-text">The Gotthard Base Tunnel (GBT) in Switzerland, the first flat route through the Alps (Source: <a href="https://commons.wikimedia.org/wiki/User:Zacharie_Grossen" target="_blank" rel="noopener">Zacharie Grossen</a>)</p></div>
<p><span style="font-weight: 400;">The GBT was deemed one of the biggest engineering feats in Swiss history. The Alps have always posed an obstacle to trains traveling between the North Sea and the Mediterranean due to zones of stone that had been crushed to bits as the Alps formed. Throughout construction, project engineers were constantly battling the pressure from the Alps and the humidity inside the tunnel. </span></p>
<p><span style="font-weight: 400;">So how were they able to dig the longest tunnel ever, perfectly level, through the base of the Alps? </span></p>
<p><span style="font-weight: 400;">In order to keep the pressure of the Alps from crushing the tunnel, specially designed steel reinforcements were used for tunnels and flexible beams that had moving parts held together with clasps. Ventilation was of the utmost importance for the project engineers to fight close to 100 percent humidity and 115 degrees Fahrenheit temperatures. Nine-mile long ventilation tunnels were designed to bring fresh air into the tunnel. </span></p>
<p><span style="font-weight: 400;">This behind-the scenes video provides an immersive 360-degree look into the tremendous amount of work that’s been put into building the GBT.</span></p>
<div class="video_wrap"><iframe src="https://www.youtube.com/embed/i0kdT5oEN2Q?rel=0" width="300" height="150" allowfullscreen="allowfullscreen"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">?</span></span></iframe></div>
<p><span style="font-weight: 400;">The tunnel has overtaken Japan&#8217;s 53.9km Seikan rail tunnel as the longest in the world and pushed the 50.5km Channel Tunnel linking the UK and France into third place. This new world record may not last long though as China has recently announced </span><a href="https://qz.com/103187/china-plan-to-build-bohai-undersea-tunnel/" target="_blank" rel="noopener"><span style="font-weight: 400;">plans</span></a><span style="font-weight: 400;"> to link the northern port cities of Dalian and Yantai under the Bohai Strait with a railroad that is an estimated 76 miles (123km) long. </span></p>
<h2><b>Chinese-funded Railways Linking East Africa </b></h2>
<p><span style="font-weight: 400;">Another recently completed railway project is the Chinese-backed electric railway across Africa, which officially began operation in October 2016. The electrified and environmentally friendly project will replace the previous, diesel-powered Addis Ababa-Djibouti line.  </span></p>
<p><span style="font-weight: 400;">The project was initiated when a pre-feasibility study conducted in 2007 showed the importance of renovating the line from an economic and financial perspective. This 466-mile or 750 km long tunnel is expected to cut travel time between the Ethiopian capital Addis Ababa and the port in Djibouti from three days by road to 12 hours by rail. The express line will also help optimize trade by giving businesses and passengers a cheaper and safer alternative to the notoriously dangerous trip between the two cities that are often clogged with cargo trucks.  </span></p>
<div id="attachment_12500" style="width: 670px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/07/Ethiopia-Djibouti-electric-railway.jpg" target="_blank" rel="noopener"><img class="wp-image-12500 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2017/07/Ethiopia-Djibouti-electric-railway.jpg" alt="Ethiopia and Djibouti’s first fully electrified cross-border railway links Ethiopia's capital, Addis Ababa, to the Red Sea port of Djibouti - a stretch of more than 750km (466 miles)." width="660" height="371" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/07/Ethiopia-Djibouti-electric-railway.jpg 660w, https://newsroom.posco.com/en/wp-content/uploads/2017/07/Ethiopia-Djibouti-electric-railway-640x360.jpg 640w" sizes="(max-width: 660px) 100vw, 660px" /></a><p class="wp-caption-text">Africa’s first fully electrified cross-border railway connecting Ethiopia and Djibouti (Source: AFP)</p></div>
<p><span style="font-weight: 400;">According to </span><a href="http://www.nation.co.ke/lifestyle/smartcompany/-High-speed-rail-will-be-an-economic-shot-in-the-arm/1226-3021626-d09qg/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">Transport CS James Macharia</span></a><span style="font-weight: 400;">, &#8220;The laying of the tracks in itself will have a huge impact on the GDP even before completion of the project. Local businesses are expected to contribute up to 40 percent of all supplies whilst more than 50,000 Kenyans will be employed either directly or indirectly by the project.&#8221;</span></p>
<p><span style="font-weight: 400;">The USD 4 billion project was built by China Railway Group and the China Civil Engineering Construction Corporation and partly financed by Chinese banks. Why did China see the railway as an investment opportunity? </span></p>
<p><span style="font-weight: 400;">China has provided about USD 12 billion in loans to Ethiopia since 2000, and is Ethiopia’s main trading partner for exports and imports. The railway construction will not only reduce the cost of doing business but will further </span><a href="http://edition.cnn.com/2016/11/21/africa/chinese-funded-railways-in-africa/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">create an export market for China’s booming steel and construction industries</span></a><span style="font-weight: 400;">. According to Deborah Brautigam, professor of international political economy and director of SAIS-CARI, “They have overcapacity in China. They have steel that they want to use. They&#8217;ve got experienced companies that know how to build railways.&#8221;</span></p>
<p><span style="font-weight: 400;">These recently built railway systems show just how far reaching railway innovation and engineering have become. The world today would be unimaginable without these advancements. What other industries and businesses are next to evolve thanks to railway innovation?   </span></p>
<p>&nbsp;</p>
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				<title>Automakers Look to Steel for Lower CO2 Emissions</title>
				<link>https://newsroom.posco.com/en/automakers-look-to-steel-for-lower-co2-emissions/</link>
				<pubDate>Mon, 17 Apr 2017 11:00:15 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[POSCO Reports]]></category>
		<category><![CDATA[advanced high strength steel]]></category>
		<category><![CDATA[AHSS]]></category>
		<category><![CDATA[auto industry]]></category>
		<category><![CDATA[automakers]]></category>
		<category><![CDATA[automobile industry]]></category>
		<category><![CDATA[automobile manufacturers]]></category>
		<category><![CDATA[automotive industry]]></category>
		<category><![CDATA[automotive steel]]></category>
		<category><![CDATA[BMW i3]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[car makers]]></category>
		<category><![CDATA[carbon]]></category>
		<category><![CDATA[cars]]></category>
		<category><![CDATA[Chevrolet Volt]]></category>
		<category><![CDATA[CO2 emissions]]></category>
		<category><![CDATA[eco-friendly]]></category>
		<category><![CDATA[electric car]]></category>
		<category><![CDATA[electric cars]]></category>
		<category><![CDATA[giga steel]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[greenhouse gases]]></category>
		<category><![CDATA[IIHS]]></category>
		<category><![CDATA[lightweight]]></category>
		<category><![CDATA[Lightweight Cars]]></category>
		<category><![CDATA[material]]></category>
		<category><![CDATA[MIT]]></category>
		<category><![CDATA[PBC-EV]]></category>
		<category><![CDATA[POSCO GIGA STEEL]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[recycling]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[steel production]]></category>
		<category><![CDATA[steel products]]></category>
		<category><![CDATA[Tesla Model S]]></category>
		<category><![CDATA[Toyota Prius]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[vehicle]]></category>
									<description><![CDATA[Twenty years ago, Toyota debuted the first mass-produced hybrid vehicle, but today almost every major car manufacturer has a hybrid or electric car on the]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">Twenty years ago, Toyota debuted the first mass-produced hybrid vehicle, but today almost every major car manufacturer has a hybrid or electric car on the production line. Just last week, </span><a href="https://www.bloomberg.com/news/articles/2017-04-10/tesla-passes-gm-as-musk-s-carmaker-becomes-america-s-top-valued" target="_blank" rel="noopener"><span style="font-weight: 400;">Tesla surpassed Ford and GM</span></a><span style="font-weight: 400;"> to become the most valuable car maker in the US, signaling to the auto industry that investors are serious about banking on the future of electric vehicles. </span></p>
<p><span style="font-weight: 400;">Several factors are contributing to the growing interest in electric vehicles. Stricter CO2 emission standards are changing the way cars are being made, and consumers are becoming more environmentally conscious at the same time. To produce more fuel efficient vehicles, car makers are looking to advanced materials in lightweighting that can help make vehicles more eco-friendly while being safe and affordable. </span></p>
<h2><b>The Push to Reduce Carbon Emissions</b></h2>
<p><span style="font-weight: 400;">In the US, the transportation sector produces </span><a href="https://www.epa.gov/ghgemissions/sources-greenhouse-gas-emissions" target="_blank" rel="noopener"><span style="font-weight: 400;">nearly 30 percent of all global warming emissions</span></a><span style="font-weight: 400;">, and more than half of those emissions come from passenger vehicles. Between 1990 and 2004, the average fuel economy of new vehicles actually decreased, but since 2005 those numbers have begun to improve, resulting in less greenhouse emissions (see chart below). </span></p>
<div id="attachment_11285" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/04/chart.png" target="_blank" rel="noopener"><img class="wp-image-11285 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/04/chart-1024x853.png" alt="Between 1990 and 2004, greenhouse gas emissions increased, but since 2005 those numbers have begun to improve, resulting in less greenhouse emissions (chart below)." width="640" height="533" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/04/chart-1024x853.png 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/04/chart-800x667.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/04/chart-768x640.png 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/04/chart.png 1200w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">Greenhouse gas emissions from the transportation sector remain high but have gone down in recent years. Increased efforts by the auto industry to produce more fuel-efficient cars is helping this trend. (Source: EPA Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2014)</p></div>
<p><span style="font-weight: 400;">As air pollution gets worse and global temperatures continue to rise, governments, consumers, and car manufacturers have all seen the urgency in creating more fuel-efficient vehicles. However, in order to build electric vehicles, hybrid cars, and even more fuel efficient combustion engine autos, new materials and production methods must be used. Specifically, cars need to be lighter. </span></p>
<h2><b>Reducing Weight, Reducing CO2 Emissions </b></h2>
<p><span style="font-weight: 400;">The heavier a car is, the more fuel is required to move it. A </span><a href="http://www.nrcan.gc.ca/energy/efficiency/transportation/cars-light-trucks/buying/16755" target="_blank" rel="noopener"><span style="font-weight: 400;">study from MIT found that for each 100-kg reduction in a car’s body weight</span></a><span style="font-weight: 400;">, fuel consumption could decrease by about 0.3 L/100 km for cars and about 0.4 L/100 km for light trucks. This not only translates into fewer CO2 emissions but also into cost savings for consumers. The following table provides estimated fuel cost savings for a range of weight reductions. Today’s cars and light trucks weigh between 1,000 to 3,800 kg.</span></p>
<table class=" aligncenter" style="width: 600px; height: 501px;" cellpadding="2">
<tbody>
<tr style="height: 37px;">
<td style="width: 586px; height: 37px; text-align: center;" colspan="3">
<h3><strong>Estimated Fuel Cost Savings</strong></h3>
</td>
</tr>
<tr style="height: 74px;">
<td style="width: 188px; height: 74px;"><strong>Weight reduction</strong></td>
<td style="width: 192px; height: 74px;"><strong>Estimated fuel cost savings over 200,000 km &#8211; cars</strong></td>
<td style="width: 194px; height: 74px;"><strong>Estimated fuel cost savings over 200,000 km &#8211; light trucks</strong></td>
</tr>
<tr style="height: 50px;">
<td style="width: 188px; height: 50px; background-color: #d9d9d9;"><strong>10 kg</strong></td>
<td style="width: 192px; height: 50px; background-color: #d9d9d9;">$65</td>
<td style="width: 194px; height: 50px; background-color: #d9d9d9;">$87</td>
</tr>
<tr style="height: 50px;">
<td style="width: 188px; height: 50px;"><strong>25 kg</strong></td>
<td style="width: 192px; height: 50px;">$164</td>
<td style="width: 194px; height: 50px;">$218</td>
</tr>
<tr style="height: 50px;">
<td style="width: 188px; height: 50px; background-color: #d9d9d9;"><strong>50 kg</strong></td>
<td style="width: 192px; height: 50px; background-color: #d9d9d9;">$327</td>
<td style="width: 194px; height: 50px; background-color: #d9d9d9;">$436</td>
</tr>
<tr style="height: 50px;">
<td style="width: 188px; height: 50px;"><strong>100 kg</strong></td>
<td style="width: 192px; height: 50px;">$654</td>
<td style="width: 194px; height: 50px;">$872</td>
</tr>
<tr style="height: 51px;">
<td style="width: 188px; height: 51px; background-color: #d9d9d9;"><strong>200 kg</strong></td>
<td style="width: 192px; height: 51px; background-color: #d9d9d9;">$1,308</td>
<td style="width: 194px; height: 51px; background-color: #d9d9d9;">$1,744</td>
</tr>
<tr style="height: 51px;">
<td style="width: 188px; height: 51px;"><strong>400 kg </strong></td>
<td style="width: 192px; height: 51px;">$2,616</td>
<td style="width: 194px; height: 51px;">$3,488</td>
</tr>
<tr style="height: 51px;">
<td style="width: 188px; height: 51px; background-color: #d9d9d9;"><strong>1,000 kg</strong></td>
<td style="width: 192px; height: 51px; background-color: #d9d9d9;">$6,540</td>
<td style="width: 194px; height: 51px; background-color: #d9d9d9;">$8,720</td>
</tr>
<tr style="height: 51px;">
<td style="width: 188px; height: 51px; background-color: #ffffff;" colspan="3">Note: For illustrative purposes, savings are based on a fuel price of $1,09/L and the average fuel consumption and weight relationship reported by MIT.</p>
<p>[Source: Savings are based on a fuel price of $1.09/L and the average fuel consumption and weight relationship reported by MIT.]</td>
</tr>
</tbody>
</table>
<h3></h3>
<h3></h3>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">Manufacturers have been testing new materials to use in their cars in order to make the weight reductions necessary for a viable EV. Utilization of </span><span style="font-weight: 400;">alternative materials like aluminum, magnesium, and carbon fiber components</span><span style="font-weight: 400;"> are increasing due to their lightweight properties. However, additional </span><a href="https://newsroom.posco.com/en/posco-giga-steel-offers-solutions-evolving-auto-industry/" target="_blank" rel="noopener"><span style="font-weight: 400;">financial and environmental costs remain high</span></a><span style="font-weight: 400;">. </span></p>
<p>In the past, in order to make steel lighter, sacrifices had to be made in strength and ductility. However, recent innovations in advanced high-strength steels (AHSS) have been able to bridge that gap. To demonstrate the recent advancements made with AHSS, engineers designed the <a href="http://www.poscopac.com/eng/sub02/05_01.php" target="_blank" rel="noopener">PBC-EV, or POSCO Body Concept-Electric Vehicle</a>, using POSCO GIGA STEEL. <span style="color: #000000;">The PBC-EV car body was able to achieve a 26.4% reduction in total weight when compared to cars of the same size without any sacrifices in safety or structural integrity. </span></p>
<h2><b></b>The Eco-friendly Life Cycle of AHSS</h2>
<p>When measuring greenhouse emissions of cars, one must also look beyond the immediate impact of gasoline consumption and view the material more holistically through a life cycle assessment. The emissions costs related to the extraction and production of automobile materials can be high. However, technological advancements in steel production have been able to reduce CO2 emissions &#8211; helping to make it one of the most eco-friendly materials for car makers.</p>
<p><span style="color: #000000;">Based on its life cycle assessment, measuring carbon dioxide emissions from production to recycling, <a href="https://newsroom.posco.com/en/posco-giga-steel-offers-solutions-evolving-auto-industry/" target="_blank" rel="noopener">POSCO GIGA STEEL</a> performs remarkably well as an eco-friendly material. Steel emits 2.0 to 2.5 kg of carbon emissions when producing 1 kg of material while aluminum emits 11 to 12.6 kg when producing the same amount. Even after production, cumulative greenhouse gas emissions of vehicles made with steel is 10% lower when looking at the full life cycle.</span></p>
<p>Lastly, steel remains the most recycled materials on the planet, and automobiles maintain a recycling rate of nearly 100 percent. Almost all steel products contain recycled steel as steel scrap is a necessary ingredient when producing new steel.</p>
<p><span style="font-weight: 400;">Advancements in AHSS have allowed the auto industry to move beyond the barriers that have held it back in the past. As consumers demand more fuel efficient driving options and as governments around the world impose more strict emissions standards, material advancements in steel will become more critical. It is the breakthroughs in steel technology like these that are helping to bring lightweight, fuel-efficient cars to market.</span></p>
<p>&nbsp;</p>
<p>Throughout April and May, <em>The Steel Wire</em> is exploring trends in the auto industry and how POSCO’s innovations in automotive steel is leading the way toward lighter, stronger, and more affordable cars.</p>
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				<title>The Future of Transportation Will Transform the Way We Travel</title>
				<link>https://newsroom.posco.com/en/future-transportation-will-transform-way-travel/</link>
				<pubDate>Thu, 16 Mar 2017 10:00:53 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[auto steel]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[autonomous driving]]></category>
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		<category><![CDATA[cities]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[electric car]]></category>
		<category><![CDATA[electric cars]]></category>
		<category><![CDATA[Electric Vehicle]]></category>
		<category><![CDATA[electricity]]></category>
		<category><![CDATA[Elon Musk]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[Honda]]></category>
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		<category><![CDATA[hyperloop]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[lightweight steel]]></category>
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		<category><![CDATA[technology]]></category>
		<category><![CDATA[transportation]]></category>
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									<description><![CDATA[The way we move and products is changing. Transportation is becoming automated, connected, and much, much faster as the wild, unthinkable ideas of science]]></description>
																<content:encoded><![CDATA[<p>The way we move and products is changing. Transportation is becoming automated, connected, and much, much faster as the wild, unthinkable ideas of science fiction novels are becoming real. Multiple industries are coming together, led by some of the most influential people in Silicon Valley. This will reshape the way we move goods and people and their influence will be needed as they face multiple barriers.</p>
<p>Take a look at three of the ways transportation is restructuring itself for faster, more sustainable travel. Some are closer to realization than others, but all of them are changing the way we think about movement. When realized, all of these ideas will have an impact far beyond what we can see now.</p>
<h3>The Hyperloop &#8211; Fast &amp; Frictionless</h3>
<h5>An Idea by Elon Musk</h5>
<p>In 2013, Elon Musk came up with the idea for the Hyperloop as he grew frustrated with the high-speed rail being developed in California at that time. He called it “both one of the most expensive per mile and one of the slowest in the world.” Musk said, “It would be great to have an alternative to flying or driving, but obviously only if it is actually better than flying or driving.”</p>
<p>He imagined capsules, zooming by at speeds faster than any train or plane, that would allow him to get to San Francisco from LA in 35 minutes. The basic concept was that the capsules would float through partially evacuated steel tubes propelled by fans and electromagnets. Because there would be less friction from air and rails, there could be significant increases in speed and durability, while decreasing reliance on fuel at the same time.</p>
<div id="attachment_10912" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/03/2.-Stater-Install-Desert_0.jpg" target="_blank" rel="noopener"><img class="wp-image-10912 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/03/2.-Stater-Install-Desert_0-1024x683.jpg" alt="Workers install Hyperloop’s stator blocks at our test and development site in North Las Vegas" width="640" height="427" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/03/2.-Stater-Install-Desert_0-1024x683.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/2.-Stater-Install-Desert_0-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/2.-Stater-Install-Desert_0-768x512.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">Workers install Hyperloop’s stator blocks at our test and development site in North Las Vegas. (Photo courtesy of <a href="https://hyperloop-one.com" target="_blank" rel="noopener">Hyperloop One</a>)</p></div>
<p>Because Musk was so involved transforming the space industry with SpaceX, the auto industry with Tesla, and the energy industry with SolarCity, he did not seem to have much time for Hyperloop. So, he developed a <a href="http://www.spacex.com/sites/spacex/files/hyperloop_alpha.pdf" target="_blank" rel="noopener">58-page outline of his ideas</a> and left it to others to develop. And they have.</p>
<h5>Hyperloop One Unveils Testing Site</h5>
<p>To fulfill this improbable dream, a handful of startups have stepped in &#8211; one of them being California-based <a href="https://hyperlooptech.com/" target="_blank" rel="noopener">Hyperloop Technologies</a>. They have been building a test site, called DevLoop, 30 minutes outside of Las Vegas in the Nevada desert that was unveiled last week to the public. According to their press release, <a href="http://www.prnewswire.com/news-releases/hyperloop-one-reveals-first-images-of-nevada-desert-development-site-devloop-at-middle-east-rail-300418921.html?tc=eml_cleartime" target="_blank" rel="noopener">DevLoop is a 500-meter full-scale Hyperloop test structure</a> weighing over one million kilograms. The Hyperloop One tube measures 3.3 meters in diameter and they are expected to perform their first full test sometime in the first half of 2017.</p>
<div id="attachment_10913" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/03/3.-Hyperloops-DevLoop-test-track.jpg" target="_blank" rel="noopener"><img class="wp-image-10913 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/03/3.-Hyperloops-DevLoop-test-track-1024x576.jpg" alt="Hyperloop unveiled its first test site, the DevLoop on March 7. Later this year, they will run their first test of the Hyperloop" width="640" height="360" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/03/3.-Hyperloops-DevLoop-test-track-1024x576.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/3.-Hyperloops-DevLoop-test-track-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/3.-Hyperloops-DevLoop-test-track-800x450.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/3.-Hyperloops-DevLoop-test-track-768x432.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">Hyperloop unveiled its first test site, the DevLoop on March 7. Later this year, they will run their first test of the Hyperloop. (Photo courtesy of <a href="https://hyperloop-one.com" target="_blank" rel="noopener">Hyperloop One</a>)</p></div>
<p>In November, Hyperloop Tech signed an agreement with the Dubai Roads and Transport Authority to evaluate building a <a href="http://www.businessinsider.com/hyperloop-one-test-track-nevada-photos-2017-3/#in-november-hyperloop-one-signed-an-agreement-with-the-dubai-roads-and-transport-authority-to-evaluate-building-a-hyperloop-between-dubai-and-abu-dhabi-3" target="_blank" rel="noopener">Hyperloop between Dubai and Abu Dhabi</a>. When completed, a commute that once took several hours will take just 12 minutes.</p>
<p>All parties involved realize the costs are going to be high. Creating a new form of transportation infrastructure is not simple and building large steel semi-vacuum tubes over ground (or under) is technologically difficult requiring trained engineers and highly skilled workers. To offset this, Hyperloop Tech is focusing some of its energy in attracting industrial freight clients.</p>
<h3>The Future of Freight</h3>
<p>One of Hyperloop Tech’s Transportation Economists,<a href="https://hyperloop-one.com/node/2201" target="_blank" rel="noopener"> Dapeng Zhang, recently presented on transformational freight</a> explaining that their “vision at Hyperloop One is to connect cities into mega-regions, and turn metro areas into metro stops. This will inevitably improve the efficiency of freight supply chains. By connecting two distant metros, Hyperloop One creates a geographical cluster which could help reduce inventory costs, promote even more just-in-time strategies, and expand same-day delivery service areas.”</p>
<div id="attachment_10914" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/03/4.-Hyperloop-Tube-Processing.jpg" target="_blank" rel="noopener"><img class="wp-image-10914 size-large" src="https://newsroom.posco.com/en/wp-content/uploads/2017/03/4.-Hyperloop-Tube-Processing-1024x768.jpg" alt="A Hyperloop steel tube awaits entry into the tube processing building, where they are painted and prepped for use." width="640" height="480" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/03/4.-Hyperloop-Tube-Processing-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/4.-Hyperloop-Tube-Processing-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/4.-Hyperloop-Tube-Processing-768x576.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">A Hyperloop steel tube awaits entry into the tube processing building, where they are painted and prepped for use. (Photo courtesy of <a href="https://hyperloop-one.com" target="_blank" rel="noopener">Hyperloop One</a>)</p></div>
<p>Whether or not this is completely feasible is still up for debate, but it is exciting to see the strides being made in this type of supersonic transportation technology. Other developments such as electric cars, autonomous vehicles, and SkyTran (below) will help us move short distances, but ideas like the Hyperloop are needed to connect the larger metropolitan areas.</p>
<h3>SkyTran &#8211; Personal Rapid Transit</h3>
<p>Apart from the Hyperloop and autonomous driving technology, other personal mobility developments are being made. One of those is <a href="http://www.skytran.com/" target="_blank" rel="noopener">SkyTran</a>, a company working to develop a personal rapid transit system that<a href="http://knowledge.ckgsb.edu.cn/2016/08/10/technology/skytran-ceo-jerry-sanders-future-transportation-elevated/" target="_blank" rel="noopener"> carries people in autonomous pods</a>. Located near Mountain View, California, SkyTran has focused its efforts on relieving congestion in cities by creating a system that rides on an elevated monorail. It is both quick and efficient, and unlike the Hyperloop, it is nearing completion with plans to open in Israel, Nigeria, and France.</p>
<div id="attachment_10915" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/03/5.-skyTran_AboveStreet-045.jpg" target="_blank" rel="noopener"><img class="wp-image-10915" src="https://newsroom.posco.com/en/wp-content/uploads/2017/03/5.-skyTran_AboveStreet-045.jpg" alt="A SkyTran capsule stops to drop off passengers." width="640" height="213" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/03/5.-skyTran_AboveStreet-045.jpg 900w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/5.-skyTran_AboveStreet-045-800x267.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/5.-skyTran_AboveStreet-045-768x256.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">This concept image shows a drop-off point for one of SkyTran’s capsules. (Photo courtesy of <a href="http://www.skytran.com" target="_blank" rel="noopener">SkyTran</a>)</p></div>
<p>Using what is called maglev technology (magnetic levitation), the SkyTran uses electromagnets (similar in concept to the Hyperloop) to propel itself forward (up to 155 mph) while using little to no electricity. SkyTran says that <a href="http://www.businessinsider.com/skytran-flying-pods-will-launch-in-nigeria-2015/#its-capable-of-traveling-155-mph-but-the-pods-in-lagos-will-likely-travel-45-to-65-mph-to-start-sanders-says-based-on-need-the-city-may-increase-the-systems-speed-6" target="_blank" rel="noopener">when the pod reaches 10 mph, it can continue to glide</a> and accelerate without any extra power. SkyTran’s CEO says the pods can on the same amount of electricity as two hair dryers.</p>
<div id="attachment_10916" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/03/6.-skyTran_LAStreet-045.jpg" target="_blank" rel="noopener"><img class="wp-image-10916" src="https://newsroom.posco.com/en/wp-content/uploads/2017/03/6.-skyTran_LAStreet-045.jpg" alt="SkyTran capsules move about elevated above the city streets." width="640" height="213" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/03/6.-skyTran_LAStreet-045.jpg 900w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/6.-skyTran_LAStreet-045-800x267.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/6.-skyTran_LAStreet-045-768x256.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">SkyTran capsules are elevated above the city streets avoiding traffic and giving them the freedom to move at high speeds. (Photo courtesy of <a href="http://www.skytran.com" target="_blank" rel="noopener">SkyTran</a>)</p></div>
<p>In addition to being highly efficient to operate, SkyTran benefits in its low upfront costs. Unlike the Hyperloop, which requires rather large infrastructure and maintenance costs to ensure proper functionality of the pipe’s vacuum and propulsion system, SkyTran is projected to be a much more economic option. Because the system is set up above the streets, its footprint is small &#8211; requiring only an 18-inch steel pole to hold the steel and aluminum capsules.</p>
<p>The company estimates that it will only cost about USD 13 million per mile to build, compared to a subway system that can cost around USD 160 million for the same distance. Because of the low upfront costs, SkyTran believes that malls, hotels, and other private businesses will want to build their own offshoot lines &#8211; not only for their customers but because it will be profitable.</p>
<h3>POSCO&#8217;s Advanced Auto Steel in Future Cars</h3>
<p>Autonomous, connected, electric. These are the common buzzwords that come to mind when we think about future trends in personal transportation. <a href="https://newsroom.posco.com/en/first-movers-auto-industry-ces-2017/" target="_blank" rel="noopener">At CES earlier this year,</a> seemingly everyone had their own solution to made driving cars more connected and safer, and with less human involvement.</p>
<p>Nissan and BMW unveiled plans to use Microsoft’s personal assistant technology, Cortana, with their cars. Honda became the first major manufacturer to develop an electric concept car specifically designed for ride-sharing. And as for self-driving cars – Nissan announced it would bring autonomous driving support to its Leaf electric car, Hyundai introduced one that would be affordable enough for the masses, and Audi announced a partnership with Nvidia to bring self-driving cars to market by 2020.</p>
<p><span style="font-weight: 400;">At the 2016 North American International Auto Show (NAIAS), </span><a href="https://newsroom.posco.com/en/posco-announces-new-steel-sheets-at-detroit-motor-show/" target="_blank" rel="noopener"><span style="font-weight: 400;">POSCO showcased its advanced automotive steel products</span></a><span style="font-weight: 400;"> that are both strong and lightweight, making them uniquely suited for the electric cars of the future. </span></p>
<p><span style="font-weight: 400;">The weight of POSCO’s advanced auto steel is about 26.4 percent lighter compared to that used in most mid-sized vehicles. But despite being lighter, it received the highest level possible ratings from Europe and North America’s automobile collision evaluation Institute, Euro NCAP and IIHS.</span></p>
<p><span style="font-weight: 400;">In addition, the Life Cycle Assessment (LCA), which measures the amount of CO2 discharged throughout the entire life cycle from material production to recycling, showed that emissions from the internal combustion engine body were 50 percent lower. Electric car emissions were also decreased by about 9 percent. </span></p>
<div id="attachment_10917" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design.jpg"><img class="size-large wp-image-10917" src="https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-1024x433.jpg" alt="POSCO’s advanced auto steel is uniquely developed to be lighter and stronger for the cars of the future" width="640" height="271" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-1024x433.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-800x338.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design-768x325.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2017/03/7.-POSCO-PCB-electric-vehicle-design.jpg 1300w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">POSCO’s advanced auto steel is uniquely developed to be lighter and stronger for the cars of the future</p></div>
<p><span style="font-weight: 400;">The displayed products included the new PosM Steel and hot press forming steel (HPF). PosM Steel is a “dream material” for car manufacturers because it is five times stronger than other steel in terms of machinability while also having an impact absorption of up to 100 kg per mm². While many steelmakers have been developing PosM Steel type steel, it has never been produced on a commercial scale before. In addition, POSCO’s HPF steel is stronger than many other steel alloys making it a good solution for manufacturers looking to improve car safety. </span></p>
<p><span style="font-weight: 400;">POSCO currently supplies advanced auto steel sheets to car and component manufacturers, including Toyota, Volkswagen, and GM. POSCO has 10 automobile production plants and 24 machining centers around the globe. In addition to providing its World Premium Products, POSCO also provides Solution Marketing services that offer customized technologies developed in-house (such as welding and molding) that are customized to fit a customer’s unique needs depending on the product and manufacturing process. </span></p>
<p><span style="font-weight: 400;">Innovations in the transportation industry require big ideas, big investments, and new technological advancements. Right now, all of these seem to be coming together for what is expected to be some big changes. If the investors at Hyperloop and SkyTran have their way, pretty soon we will be able to travel across Europe on a Hyperloop, transfer to a SkyTran, and arrive in our hotel in less than an hour. </span></p>
<p><span style="font-weight: 400;">*Cover photo courtesy of </span><a href="https://hyperloop-one.com" target="_blank" rel="noopener"><span style="font-weight: 400;">Hyperloop One</span></a><span style="font-weight: 400;">.</span></p>
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				<title>The Softer Side of Iron</title>
				<link>https://newsroom.posco.com/en/softer-side-iron/</link>
				<pubDate>Wed, 23 Mar 2016 16:41:46 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
		<category><![CDATA[Building Bridges]]></category>
		<category><![CDATA[Cambodia]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[Da Bac]]></category>
		<category><![CDATA[design]]></category>
		<category><![CDATA[destination]]></category>
		<category><![CDATA[Flow Coating]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[Happy Steel House]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[material]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[POSCO SS VINA]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[Steel Home]]></category>
		<category><![CDATA[The steel wire]]></category>
		<category><![CDATA[transportation]]></category>
		<category><![CDATA[Vietnam]]></category>
		<category><![CDATA[volunteering]]></category>
		<category><![CDATA[Wikimedia Commons]]></category>
									<description><![CDATA[Iron is typically thought of as a cold and stiff material, but when we consider how vital it is to our health and daily lives, we come to realize the]]></description>
																<content:encoded><![CDATA[<p>Iron is typically thought of as a cold and stiff material, but when we consider how vital it is to our health and daily lives, we come to realize the undeniable importance of the element.</p>
<p>With human influence, iron becomes a material of warmth, offering sustenance, shelter and safety. Here are a few ways how.</p>
<h2><strong>Fishing for a Solution: How an Iron Fish is Treating Anemia</strong></h2>
<div id="attachment_8264" style="width: 460px" class="wp-caption alignleft left"><a href="http://www.luckyironfish.com/" target="_blank"><img class="wp-image-8264 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2016/03/watermark_26.jpg" alt="POSCO_The Iron Fish" width="450" height="300" align="align left" /></a><p class="wp-caption-text">Resource: http://www.luckyironfish.com/</p></div>
<p style="text-align: left;">Apart from being a useful material, iron is also an essential part of our daily diet.</p>
<p>Anemia, a condition in which there is a lack of red cells or of hemoglobin in the blood, often the result of an iron deficiency, can leave people feeling weak, cold and tired. It is the most common and widespread nutritional disorder in the world, affecting approximately 2 billion people globally.</p>
<p>Despite a significant international effort to fortify food staples and to provide iron supplementation programs specifically aimed at vulnerable populations, iron deficiency continues to increase worldwide.</p>
<p>But that may change soon, thanks to a solution created by a group of Canadian health workers in Cambodia<u>.</u></p>
<p>In 2008, fish-shaped cast iron ingots were developed by the group to provide dietary supplementation to individuals affected by iron-deficiency living in poverty. When placed in a pot of boiling water, the ingots release elemental iron into the water and food being cooked.</p>
<p><span style="text-align: center; display: block;"><iframe src="https://www.youtube.com/embed/iY0D-PIcgB4" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe></span></p>
<p>The solution was considered such a huge success that in 2012 the <a href="http://www.luckyironfish.com/" target="_blank">Lucky Iron Fish</a> Project was formed to develop the iron fish on a larger scale, promote the product in rural areas and distribute it to non-governmental organization partners.</p>
<p>The inexpensive iron lumps shaped like smiling fish are 7.5 centimeters long and have a lifespan of about five years.</p>
<p>The Lucky Iron Fish, which is said to release iron at exactly the right concentration to provide up to 90% of the recommended daily iron intake for an entire family, is now being used by thousands of Cambodians. In fact, more than 50,000 Lucky Iron Fish have been sold worldwide and the solution has helped to correct iron deficiency in about 90,000 people and more than 15,000 households.</p>
<h2><strong>Home, Steel Home</strong></h2>
<p><img class="alignright wp-image-8253" src="https://newsroom.posco.com/en/wp-content/uploads/2016/03/watermark_6.jpg" alt="POSCO’s Happy Steel House" width="400" height="267" />The power of iron is even more impressive when combined with love and goodwill. A perfect example of this is POSCO’s Happy Steel House—a project that helps those who have recently lost their homes get back to normal life as quickly as possible.</p>
<p>The Happy Steel House was first established by POSCO in 1996. These homes are built to be resistant to natural disasters like fire, earthquakes and storms, but more importantly can be constructed within two weeks.</p>
<p><img class="alignleft wp-image-8235" src="https://newsroom.posco.com/en/wp-content/uploads/2016/03/watermark_4.jpg" alt="POSCO’s Happy Steel House" width="400" height="267" /></p>
<p>&nbsp;</p>
<p>Since 2015, POSCO’s Happy Steel House has become even sturdier and more aesthetically pleasing, thanks to POSCO C&amp;C’s manufactured panels. In addition, POSCO’s Steel Solution Marketing Team developed an external material product through POSCO A&amp;C’s unique Flow Coating—a technique that produces colored steel plates. The end result was a Happy Steel House with an entirely new look.</p>
<p>More significant than the improved design was the fact that the base of the Happy Steel House grew sturdier with every new home that was built, including those constructed for 16 Korean families who lost their homes to fires. This was achieved by applying the expertise of POSCO’s executives, staff members and global youth volunteers, as well as warmth and caring for those in need.</p>
<h2><strong>Building Bridges as Strong as Steel</strong></h2>
<p><img class="alignright wp-image-8238" src="https://newsroom.posco.com/en/wp-content/uploads/2016/03/watermark_32.jpg" alt="POSCO Vietnam Holdings - The Steel Bridge" width="400" height="267" />POSCO’s mantra of volunteering and sharing is also playing an active role in other parts of the world. In Vietnam, where tropical monsoons are common, POSCO built a steel bridge for communities affected by floods.</p>
<p>Due to heavy rainfall six months a year, Vietnam’s bridges often become submerged under water during the wet season. This makes transportation a huge safety concern for locals.</p>
<p>What’s even more worrying is the fact that many young students use these bridges on a daily basis to commute to school. Since most of the wooden bridges do not have a handrail, it is even more dangerous for pedestrians, as they are unable to see where the bridges begin and end. As such, young children often trudge through flooded areas blindly in an effort to make their way across to get to school in time.</p>
<p>In order to secure safe traveling, POSCO built a steel bridge in Ba Ria-Vung Tau Province’s flood area, Da Bac, with the help and hard work of employees and affiliates.</p>
<p>The “<a href="http://www.posco.com/homepage/docs/eng5/jsp/prcenter/news/s91c1010035p.jsp?idx=2460" target="_blank">POSCO Vietnam Holdings &#8211; Steel Bridge</a>” boasts steel handrails to provide a safe and sturdy way for the students to walk to school.</p>
<p><span style="text-align: center; display: block;"><iframe src="https://www.youtube.com/embed/z6apMhanQ0A" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe><br />
</span></p>
<p>POSCO’s steel bridge was successfully completed with the help of POSCO’s global youth volunteers, POSCO A&amp;C’s design, POSCO SS VINA’s supplies and POSCO E&amp;C’s handrail work and construction. Thanks to these contributors’ talent and love, students and local residents in Da Bac are getting around safely, even during the wet season.</p>
<p>From iron health supplements to the roofs that shelter us to the bridges that help us reach our destination, iron is keeping us warm, happy and healthy.</p>
<p><img class="size-full wp-image-8263 aligncenter" src="https://newsroom.posco.com/en/wp-content/uploads/2016/03/560x333.jpg" alt="POSCO Vietnam Holdings - Steel Bridge" width="560" height="333" /></p>
<p>&nbsp;</p>
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