Iron Ore Extends Drop as Demand Concerns Rise, Citi Cuts Targets
Iron ore headed for the lowest close since September on a seasonal slowdown in demand and signs Chinese mills are curbing steel output.
Futures fell for a fourth day in Singapore, sinking below $93 a ton. The rainy season in southern China, as well as high temperatures in the north, have persisted, slowing construction, Shanghai Metals Market said in a note.
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Yahoo
38 minutes ago
- Yahoo
Discover ZW3D 2026: Turn Every Day into a Leap towards Creative Innovation
GUANGZHOU, China, June 17, 2025 /PRNewswire/ -- ZWSOFT, a trusted provider of all-in-one CAx solutions, announced the release of ZW3D 2026, the latest annual update to its flagship 3D solution. Informed by feedback from over 2,800 users worldwide, this version brings several significant enhancements. ZW3D 2026 introduces more specialized tools for general machinery design, enabling users to solve complex, industry-specific challenges with enhanced precision. It also offers faster performance and a smoother user experience. Upgraded data conversion and 2D–3D collaboration features improve workflow continuity across formats and platforms. New modules—such as CFD Simulation and ZWTeammate—further strengthen the platform as a fully integrated 3D CAD/CAE/CAM/Collaboration solution. Together, these advancements reflect ZWSOFT's commitment to empowering end-to-end product development through a unified, intelligent design environment. Tailored Enhancements for General Machinery Design For manufacturers in general machinery, design precision directly affects product performance and durability. A long-time ZW3D user—an industry-leading CNC machine tool maker—struggled with time-consuming modeling of lead screw threads. Because traditional flag threads couldn't meet simulation requirements, engineers had to create real threads manually—taking over 10 minutes per part and often leading to errors. ZW3D 2026 solves this with real-thread modeling and a built-in library of standardized slot features. Engineers can now generate accurate, simulation-ready threads in seconds—even for custom specifications—boosting fatigue life prediction accuracy from 75% to 95% and cutting modeling time by over 90%.* Complex sheet metal design for consumer products is often significantly influenced by industrial styling demands. While stylists strive to create visually appealing forms, their frequent changes can complicate downstream engineering. Structural engineers must repeatedly revise detailed layouts, making manual conversion time-consuming and error-prone. ZW3D 2026 now renews one-click conversion from solid models to sheet metal parts, with associative updates that reflect any design changes. Engineers also benefit from new specialized features such as cutouts, louvers, and embosses, simplifying the creation of complex sheet metal structures. In real production cases—like appliance enclosures—overall design time has been cut by up to 50%.* Smarter and Faster Design Workflows A precision machine tool manufacturer working with ZWSOFT set out to develop more than 7,500 parts in three months, where efficiency was key to success. Assembly and motion analysis accounted for 35% of the workload, with component selection and installation consuming significant time. Preparing models for motion simulation added further complexity. To address these issues, ZW3D 2026 introduces intelligent fasteners, copy with constraints, smart constraints, and smart mirror, enabling batch installation and one-click conversion of assembly constraints into simulation joints. These upgrades led to a 50% improvement in assembly efficiency*, reducing component installation from two full days to just one hour. Once 3D design is complete, standardized 2D drawing output becomes a major bottleneck—especially in the non-standard equipment sector, where it can consume up to 30% of the total project cycle. In one case, a team of 40–50 engineers produced nearly 10,000 drawings per month, with most engineers handling 10–20 drawings per day. The bulk of their time was spent on 3D view projections and manual dimensioning, frequently leading to long hours and inconsistent results. To streamline this workflow, ZW3D 2026 enhances AI-powered tools for automated drawing generation and intelligent annotation. Engineers can define templates and standards once, then batch-generate dimensions and insert preconfigured process tables with ease—reducing manual effort and ensuring consistency across outputs. Software performance has also seen significant gains. In a 150,000-part factory layout project, model loading time has been reduced from one minute to 47 seconds*, and drawing view projection from five minutes to one, thanks to the optimized projection engine in ZW3D 2026. To further support daily productivity, in its latest version, ZW3D enhances the user experience with new micro-panel interfaces, a data-driven workspace, and AI-powered command prediction—all designed to help engineers stay focused and move faster throughout the design process. Seamless Interoperability and 2D–3D Integration CAD models are long-term digital assets, encapsulating a company's design intent and process knowledge. As organizations adopt new design platforms, the ability to migrate and reuse legacy data becomes essential. With robust parametric modeling and feature recognition capabilities, ZW3D 2026 leverages the upgraded IPX 2.0 engine to enable accurate, feature-level data exchange across mainstream CAD formats—achieving over 90% conversion accuracy for SolidWorks files and 85% for Creo files—ensuring smooth collaboration in multi-software environments. To further boost productivity and design consistency, ZW3D 2026 introduces Associative Updates to Sync 2D Drawings With 3D Models. In many small and mid-sized enterprises, 3D modeling is still followed by manual 2D drafting—a process that often results in duplicated effort and data mismatches. With this new integration, any change made to a 3D model can now automatically update the corresponding 2D drawings, improving accuracy and eliminating repetitive redrawing. This feature has already delivered measurable results. In one injection molding project, the customer iterated over ten times using ZW3D for modeling and ZWCAD for detailing. Previously, each update required manual revisions to multiple drawings and up to four hours of rework. With the latest version, the same updates take just three minutes, thanks to real-time 2D–3D synchronization. Advancing Integrated CAx to New Heights With ZW3D 2026, ZWSOFT continues to expand its capabilities as a unified design and engineering platform. The addition of two new modules—CFD Simulation and ZWTeammate—further enhances ZW3D as a fully integrated CAD/CAE/CAM/Collaboration solution. CFD Simulation Now Integrated Seamlessly ZW3D 2026 now includes native CFD Simulation-Phoenics, allowing engineers to perform fluid and thermal analysis directly within the design environment. This integration eliminates the need for external tools and streamlines validation early in the design process. ZWTeammate for Intuitive and Efficient Engineering Collaboration ZWTeammate enables seamless collaboration and efficient data management within the ZW3D platform. From task coordination and revision tracking to controlled data publishing, it helps teams stay organized and aligned—all within the design environment. Together with the enhanced CAM module, these new modules reinforce ZW3D's mission to unify design, simulation, manufacturing, and collaboration—improving productivity across the entire product development journey, from conception to production. ZW3D 2026 Marks a Major Milestone ZW3D 2026 brings focused enhancements for general machinery design, intelligent tools for greater design efficiency, improved data interoperability, and deeper 2D–3D integration—all geared toward addressing real-world engineering needs. With this release, ZWSOFT continues to advance its strategy of delivering a fully integrated CAx solution centered on ZW3D—unifying design, simulation, and manufacturing to empower more streamlined and intelligent product development. For more details and to enjoy a 30-day free trial, please visit ZWSOFT's website: *Disclaimer These results are based on internal tests comparing ZW3D 2026 with ZW3D 2025. Actual performance may vary depending on specific application scenarios. About ZWSOFT Since 1998, ZWSOFT's all-in-one CAx (CAD/CAE/CAM) solutions have helped professionals bridge the gap between concept and creation. By uniting design, simulation, and manufacturing in one integrated platform, we empower architects, engineers, and designers to streamline complex projects at a fair price. This approach accelerates development cycles and minimizes costs without compromising quality. Over 1.4 million users in 90+ countries—including 149 Fortune 500 corporations—trust ZWSOFT's 25+ years of expertise to drive innovation. Whether it's pioneering product design in manufacturing or delivering advanced solutions in the AEC sector, we remain dedicated to turning ambitious ideas into reality and empowering sustainable innovation worldwide. View original content to download multimedia: SOURCE ZWSOFT CO., LTD. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Taiwan tests sea drones as China keeps up military pressure
A Taiwanese-made sea drone capable of carrying bombs skimmed across waters off the island Tuesday in a display of uncrewed surface vehicles that could boost its military firepower against China. With Beijing sustaining military pressure on the island, Taiwan is increasing investment in aerial and maritime drones, which have been widely used in Russia's war in Ukraine to outfox traditional heavy weaponry. China claims Taiwan is part of its territory and has threatened to use force to bring it under its control. Twelve local and foreign companies took part in an Uncrewed Sea Vehicle (USV) demonstration hosted by the government's National Chung-Shan Institute of Science and Technology in Yilan, southeast of Taipei. It was an opportunity for "potential clients such as the military and coast guard" to collect data from the drone manufacturers for future mass production, the institute said in a statement. Taiwanese shipbuilder Lungteh's Black Tide sea drone, which is designed to operate in "contested environments", was one of three USVs put through its paces. With a top speed of more than 43 knots (80 kilometres per hour; 50 miles per hour), the Black Tide can be used for intelligence, surveillance, reconnaissance and "one-way strike", according to the company. Meanwhile, Carbon-Based Technology Inc's "stealth" USV could carry bombs and was cheap enough to conduct "sacrificial" missions, said company director Stacy Yu after the drone was tested. While President Lai Ching-te has pledged to make Taiwan "the Asian hub" for drone production, there have been challenges to ramping up the island's output. Taiwan's annual production capacity for aerial drones is between 8,000 to 10,000 units, well below its 2028 target of 180,000 units, the Research Institute for Democracy, Society and Emerging Technology (DSET) said in a report on Monday. High manufacturing costs from using non-China components made it "difficult for Taiwanese products to compete with Chinese-made products in the commercial market," DSET analysts said. And limited domestic orders and a scarcity of foreign government contracts were also impeding "further scaling" of production, it said. aw-joy/amj/ecl
CNET
an hour ago
- CNET
Amazon Prime Day Swells to a 4-Day Event, With Tariffs Still Looming Large
James Martin/CNET Amazon Prime Day is getting even bigger this year. Amazon announced its summer shopping event will take place July 8-11 -- ballooning from two to four days. The mega retailer's sale, exclusive to Prime members, offers some of the best Amazon deals of the year. And while the sale days promise bargains and special offers, looming price hikes due to tariffs could impact how much of a savings shoppers can expect. Amazon launched Prime Day back in 2015, and savvy shoppers have eagerly anticipated this annual event ever since. The wait it almost over. Our CNET Deals team will be tracking all the best deals throughout the event so you can score the lowest prices, helping you navigate the sale and get ahead of any tariff-based price rises. Watch this: Should You Buy Now or Wait? Our Experts Weigh In on Tariffs 09:42 How could tariffs affect Prime Day deals? Prices on everything, including electronics, are expected to rise as a result of Trump's sweeping tariffs, which he originally announced on April 2. He quickly followed with a 90-day pause for most of the tariffs, leaving a 10% baseline tariff for goods imported from most countries. Trump recently announced a trade deal with China that put a total tariff of 55% in place -- although 25% of that was put in place during his first term. The administration has since said that it's in the process of making deals with many countries to ease tariffs, but the original pause on tariffs is set to expire July 9 -- right in the middle of the Prime Day shopping event. Import taxes could see double-digit increases if countries are unable to reach an agreement. If retailers pass along the full cost of the tariffs, it could mean we'll be paying a lot more for products manufactured in other countries. After launching the original Prime Day in 2015, the retailer has expanded the number of its sales events, including a Big Spring Sale in March and Prime Big Deal Days in October. Last year's Prime Day sale took place July 16-17.
