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GM Korea to buy steel from Hyundai Steel, displacing Baoshan
GM Korea to buy steel from Hyundai Steel, displacing Baoshan

Yahoo

time17-06-2025

  • Automotive
  • Yahoo

GM Korea to buy steel from Hyundai Steel, displacing Baoshan

GM Korea Company is set to replace China's Baoshan Iron & Steel Company as a key supplier of automotive steel, as General Motors' South Korean vehicle manufacturing subsidiary looks to decouple its supply chain from China in response to continued trade tensions between Washington and Beijing, according to local reports. GM Korea is understood to have selected local steel producer Hyundai Steel Company to replace Baoshan, which is reported to have accounted for around 20% of GM Korea's steel purchases last year. This includes some 100,000 tons of sheet steel annually, valued at around KRW 180 billion (US$ 132 million). Industry sources have suggested that GM Korea has already notified Baoshan of its decision to terminate its supply contract, effective from September 2025. GM Korea is understood to have begun the process of validating steel products from Hyundai Steel. GM Korea sold a total of 499,559 vehicles globally last year, of which around 95% were exported, with the US market taking in around 85% of the company's total vehicle output. "GM Korea to buy steel from Hyundai Steel, displacing Baoshan" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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

Breeding ground attracts birds, tourists
Breeding ground attracts birds, tourists

The Independent

time13-06-2025

  • General
  • The Independent

Breeding ground attracts birds, tourists

Each spring, the banks of the Mengboluo River in Yunnan province become a busy habitat for the industrious baya weaver. This agile creature, famous for its intricately woven bag nests, flock here in search of suitable branches on mango trees, flame trees and bamboo clumps. Along a roughly 15-mile stretch of the river winding through Wandian Dai township in Baoshan city, nearly 2,000 birds arrive each breeding season, drawn by the warm, humid climate and plentiful trees that make this reach an ideal breeding ground, according to the local environmental protection bureau. 'Every early April, they return from their wintering grounds — possibly in neighbouring Southeast Asian countries and other parts of Yunnan — to Wandian,' said Zhao Yantong, deputy director of the environmental protection bureau of Baoshan. 'Nest-building peaks in May and June, and by early September they begin to depart.' Building a single nest is no small undertaking. Within 20 to 25 days, a male bird weaves thousands of grass stems into a sturdy pouch, hanging it from a branch. This structure is both his workshop and his showcase — a flawless nest increases the chances of attracting a mate. Courtship hinges on craftsmanship. A visiting female bird inspects the nearly completed nest and either approves or rejects it. Only after a female's nod does the male finish his nest. 'If she rejects the nest, she flies off to another suitor,' Zhao said. In that case, the male will dismantle or abandon his work and start from scratch, repeating the process until he wins her approval. Local conservation efforts have been critical to the birds' decadelong flourishing in the area. The Mengboluo River, part of the Nujiang River watershed, flows through a protected corridor where evergreen trees, flame trees, mango groves and bamboo thickets remain untouched. In recent years, authorities have banned mining and deforestation along the riverbanks, and tightened regulations on construction and waste disposal. 'Last year, all of our water quality monitoring stations reported good results, and daily air quality was classified as either excellent or good,' Zhao added, underscoring the healthy environment that supports diverse wildlife. Local outreach has bolstered protection efforts through leaflets, door-to-door visits and community workshops, which help villagers learn to cherish and safeguard the weavers' habitat. As the bird population grows, so does ecotourism. Their unique nesting habits attract many tourists. One photographer from Zhejiang province travelled more than 1,800 miles to capture the birds. 'Seeing these weavers and their nests up close is like witnessing a master craftsman's work,' he told local media. The birds' seasonal breeding also brings economic benefits. 'Every breeding season, bird-watchers from across the country arrive, generating income for locals with transportation, dining and lodging,' said Yu Fei, an official of the Wandian Dai township. 'Next, we plan to further develop our bird-watching economy and designate specific viewing zones, so tourists can enjoy the spectacle without disturbing the weavers.'

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