How China Can Save Europe from Crisis

The dissolution of the Soviet Union is arguably one of the greatest geopolitical disasters of human history.  It resulted in the rise of ethnic nationalism and ethnic based conflicts across Eastern Europe and Central Asia.

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Many of the new countries had mixed Russian and local population and after centuries of repression under the Russian Empire, and later the Soviet Union, tensions were high. This is the basic history behind the current war in Ukraine.

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Russia is backing the anti Ukrainian forces with both financial and military aide.  As a result many European Union members have levied sanctions against Russia which have the potential to hurt all parties involved. As the 6th largest exporter of steel there is a massive gap that will need to be filled and this is where China can not only make a vast amount of profit, but also improve relations with the EU.

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The economic recovery in the EU is fragile at best and any major shock could end the recovery and cause a recession.  This is of particular concern in Europe where many nations are dependent on Russia for their raw materials and mineral resources.  As many EU members want to limit their dependence on Russia, China is presented with a great opportunity to become Europe’s new de facto supplier of raw building materials.

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China and the EU are becoming more interdependent on each other and adding Chinese steel to the equation will only increase economic cooperation.  Furthermore, as Russian sanctions begin to take affect all over Europe the governments of these regions will most certainly be grateful to any nation that helps them avoid another economic crisis.

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Shanghai Metal Corporation has been following the developments in Eastern Europe closely and with great concern.  We take the economic health of the EU and the world as a whole very seriously.  One of our main products is structural steel and it will be an honour to supply the EU if and when the need arises.

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For our full list of products that we offer check out our website here. Be sure to join the conversation in our LinkedIn groupFacebookTwitter and Instagram. Try also our new mobile application by scanning the QR code below.

(Jordan S.//SMC)

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http://www.fool.com/investing/general/2014/07/21/russia-retreats-from-us-as-sanctions-begin-to-bite.aspx

http://www.issb.co.uk/global.html

http://de.bearing-news.com/ascat-technology-to-improve-steel-industry-product-quality/

http://www.euractiv.com/sections/social-europe-jobs/russian-steel-firm-threatens-eu-job-losses-over-sanctions-301721

http://www.cnbc.com/id/101855249

http://russianreport.wordpress.com/2012/05/09/day-of-victory-on-red-square/

Pictures: telegraph.co.uk, thevirtualtravelers.com, ukrainetrek.com, newsweek.com, ibtimes.com

The World’s Biggest Mobile Fridge Sailed in Paris

The Eiffel Tower, Louvre, Notre Dame, Versailles, Moulin Rouge, those are the places to visit in Paris. In 2009, the city of love also became famous of a creative marketing campaign.

The Korean electronics company LG set up a creative marketing campaign for their ecological fridge. The company, one of South Korea’s largest chaebols, turned a 70 meter container ship into the world’s biggest fridge that sailed up the Seine from Le Havre to Paris between June 22 and June 25. The vessel transported cooking ingredients that the famous 3-star Michelin chef Alain Passard cooked for visiting journalists.

LG’s ecological fridge uses a patented “Linear Compressor” technology that is to lower energy consumption up to 20 percent compared to other conventional fridges. The new fridge technology has also received an A+ rating from the EU.

Refrigerated containers, or reefer containers, are mainly used for shipping temperature sensitive products even with extremely long distances. Reefer container technology enabled for instance the shipping of Camel Milk from the United Arab Emirates to Europe. Please, read the whole story here.

LG converts container ship into a huge advertisement for eco-friendly fridge

As businesses are getting more aware of the benefits of refrigerated containers, new uses for them are emerging. Reefer containers are basically tools that combine mobility and cold chain. One can set up a temperature sensitive business and still vary its location. For example, Atlanta’s Botanical Garden used a refrigerated container to set up a mobile bio-secure research laboratory for their research  on frogs in 2011. Reefer containers are also convenient in, say, open-air events where organizers need to keep their heavy loads of Red Bulls and Coca-Colas chilled all the time.

Like LG, Shanghai Metal Corporation‘s reefer containers also use environmentally friendly and energy efficient technology that generate a really low CO2 footprint. We also apply high standards in their quality assurance. To learn more about our refrigerated containers, please visit our website. Please also follow us on LinkedIn, Twitter, Facebook and Instagram.

Tuomas P. // SMC Editor

Pictures and original stories: Container Technology Inc., SlipperyBrick.com, Gcaptain.com, Btwins.net, Stickboydaily.com,