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LUX METAL

THE BLOG

labor shortage in united states
November 23, 2024
America is currently grappling with a significant labor shortage that is reshaping industries, influencing economic growth, and prompting businesses to rethink their workforce strategies. This labor crunch is not confined to a single sector but spans various industries, each experiencing unique challenges and opportunities. Understanding the root causes, the most impacted sectors, and potential solutions is crucial for navigating this complex landscape.
China iron and steel overcapacity
November 21, 2024
Steel overcapacity has become an escalating global issue, with far-reaching effects on the stability and sustainability of steel industries worldwide. As highlighted by the Organisation for Economic Co-operation and Development (OECD)’s Global Forum on Steel Excess Capacity (GFSEC) in its October 8th Ministerial Statement, the problem of steel overcapacity poses a severe risk to the global steel market. Non-market policies, particularly from China, are exacerbating this issue, leading to economic disruptions, job losses, and strategic vulnerabilities across steel-producing nations. This blog explores the origins, impacts, and necessary actions to address this crisis.
Malaysian Iron and Steel Industry
November 19, 2024
The iron and steel industry in Malaysia is a cornerstone of the country’s economic development, playing a pivotal role in supporting the infrastructure needs that drive growth. From highways and bridges to high-rise buildings and rail systems, the industry’s impact on national infrastructure is vast and vital. In this post, we’ll explore the growth trajectory of Malaysia's steel sector, current industry players, structural challenges, and how the industry is working towards a sustainable and green future.
November 15, 2024
Malaysia is rapidly emerging as a hub for precision engineering and metal fabrication, fueled by technological advancements, skilled labor, and a thriving manufacturing industry. At [Your Company Name], we proudly stand as one of the leading metal fabricators in the region, offering unparalleled expertise, state-of-the-art machinery, and a commitment to delivering top-notch results for our clients across various industries. In this blog post, we’ll walk you through why [Your Company Name] is the go-to choice for businesses looking for high-quality metal fabrication services in Malaysia. From our cutting-edge CNC and metal sheet machinery to our comprehensive approach to production, we are equipped to handle projects of any scale and complexity.
Strategy to reduce labor cost in factory
November 15, 2024
In today's manufacturing landscape, companies face increasing pressure to reduce labor costs while maintaining high levels of productivity. With global competition rising and consumer expectations shifting toward fast, affordable, and high-quality products, businesses must adopt strategic practices to remain profitable. This article explores effective methods for reducing labor costs in manufacturing while preserving – and even enhancing – operational efficiency and product quality.
COVID-19 Coronavirus South Africa Resource Portal
November 14, 2024
The American manufacturing sector has emerged stronger than expected post-COVID-19, now boasting more jobs than it had before the pandemic. This achievement is historic: it’s the first time since the 1970s that the sector has regained all jobs lost during an economic recession. Yet, as new data from the Economic Innovation Group (EIG) reveals, this job growth is not evenly distributed. While some states and sectors are surging, others are still struggling to recover. However, recent factory investments and shifts in policy suggest a hopeful future with even more manufacturing jobs on the horizon.

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