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Panos Kotseras

Japan - Exports of refined copper rose by 4.2% y-o-y in October - 0 views

link.reuters.com/fak73g

Japan refined copper

shared by Panos Kotseras about 22 hours ago - No snapshot
  • Panos Kotseras
    Panos Kotseras about 22 hours ago
     
    According to data released by the Ministry of Finance in Japan, exports of refined copper in October increased by 4.2% y-o-y to 39,197t. It was reported that more than a third was dispatched to China. The figure was also up by 4.2% compared with September, supported by recovered demand from the automotive and semiconductor sectors. Shipments to Taiwan amounted for 31.5% of the total, up from 25% in September. South Korea corresponded to 5% of total exports compared to 6% in September.
Colin Bennett

New ISO Standard For Safety Of Consumer Goods - 0 views

www.engineerlive.com/...22249

trends copper standards

shared by Colin Bennett on 27 Nov 09 - Snapshot
  • The future standard is expected to provide guidance to all parties involved in the consumer product supply chain (designers, manufacturers, importers, distributors, retailers, etc). It should result in fewer preventable injuries, promote consumer confidence, provide an international benchmark to facilitate access to international markets, serve as an adjunct to regulatory approaches, offer a systems approach to product safety, level the playing field, educate suppliers, and more.
Caroline Millar

China - Prysmian wins strategic EHV order, plans EHV/HV capacity increases in Baoying - 0 views

investoren.prysmian.com/phoenix.zhtml

china prysmian anhui xiangshuijian EHV HV power cable

shared by Caroline Millar on 27 Nov 09 - Snapshot
  • Caroline Millar
    Caroline Millar on 27 Nov 09
     
    Italian cable maker Prysmian said it has won a strategic first contract in China in the sector of extra high voltage (EHV) power transmission links - to supply a 500kV underground cable system to Anhui Xiangshuijian Pumped Storage Co. Ltd (a China State Grid affiliate company) - and at the same time announced it plans a new €20m (US$29.8m) investment to increase production capacity at its HV and EHV cables manufacturing unit in Baoying.
Colin Bennett

Zambia's Lumwana mine to raise copper output - 0 views

mobile.reuters.com/...NewsAndPR_uUSGEE5AO1VW20091125

trends copper Zambia lumwana

shared by Colin Bennett on 27 Nov 09 - Snapshot

  • LUSAKA, Nov 25 (Reuters) - Zambia's Lumwana Mining Co. Ltd.,
    a unit of Equinox Minerals Ltd. (EQN.TO)(EQN.AX) plans to raise
    copper output through greater efficiency and also plans to build
    a uranium plant, its managing director said on Wednesday.



    Adam Wright, who took over from Harry Michael a fortnight
    ago, said at a news briefing in Lusaka that the company would in
    2010 ramp up production to 170,000 tonnes from a projected
    110,000 this year.

Colin Bennett

MIT Liquid Battery Inventor Returns With Big Plans for Ultra-High Current Industry - 0 views

www.greenoptimistic.com/...donald-sadoway-liquid-battery

trends copper battery

shared by Colin Bennett on 27 Nov 09 - Snapshot

  • Back in March, there was everything about a battery that contained antimony, sodium sulfide and magnesium. Because of patenting secrecy, any further public details have not been given, so what we know now of the battery’s components, like then, is that there are two metals and a salt involved.


    Update: if you watch the blackboard behind him, you’ll see that the “secret” is about Nickel and Copper.

Panos Kotseras

UAE - Ducab is planning a JV cable project - 0 views

communities.thomsonreuters.com/...477073

UAE Ducab cable project

shared by Panos Kotseras on 26 Nov 09 - Snapshot
  • Panos Kotseras
    Panos Kotseras on 26 Nov 09
     
    Ducab is planning a US$136.1 million project to help expand public sector electricity networks. The project is a JV with Dubai's Water and Electricity Authority (DEWA) and Abu Dhabi's Water and Electricity Authority (ADWEA). It is located in the Jebel Ali area and aims to supply DEWA and ADWEA with high voltage cables. According to company plans, one third of its output will be exported to Gulf states. It is expected that production will start in 12 months.
Colin Bennett

Redbank reports new copper discovery at Copperado - 0 views

au.news.yahoo.com/...-copper-discovery-at-copperado

trends copper redbank glencore

shared by Colin Bennett on 26 Nov 09 - Snapshot

  • Redbank Copper says it has made a new copper discovery at its Copperado prospect in the Northern Territory.

    The company is exploring the prospect as part of a 50/50 joint venture with Glencore.

Caroline Millar

USA - Brass mill imports, exports show y/y falls in September - 0 views

www1.metalbulletin.com/...orts-exports-fall-in-Sept.html

USA brass mill copper imports exports september

shared by Caroline Millar on 25 Nov 09 - Snapshot
  • Caroline Millar
    Caroline Millar on 25 Nov 09
     
    U.S. imports and exports of all brass mill products fell in September, according to data from the Copper and Brass Fabricators Council: imports fell 21.7% y/y to 37m lbs (from 47.3m lbs), exports fell 21% y/y to 19.7m lbs (from 25m lbs). Mexico was both leading supplier of imports (7m lbs) and top export destination (6.7m lbs). Imports/exports breakdown was: sheet, strip, plate and foil products 10.5m lbs/ 8.1m lbs; pipe and tube products 18.1m lbs/5.9m lbs; profiles, rods and bars 6.5m lbs/3.6m lbs; copper alloy wire 1.9m lbs/2.1m lbs.
Colin Bennett

Hana Mining reveals one of Africa`s largest silver and copper districts - 0 views

www.mineweb.com/...page36

trends copper Hana

shared by Colin Bennett on 24 Nov 09 - Snapshot
  • Canada's junior explorer Hana Mining CEO Mareck Kreczmer believes his company has on its hands part of one of the largest copper and silver deposits in Africa that can rival the Zambian copper belt.
Caroline Millar

Japan - Copper, copper alloy product output down 12% y/y in October - 0 views

www.bloomberg.com/...news

japan copper alloy product output october

shared by Caroline Millar on 24 Nov 09 - Snapshot
  • Caroline Millar
    Caroline Millar on 24 Nov 09
     
    The Japan Copper and Brass Association said on 24 November preliminary data shows Japan's output of copper and copper alloy fabricated products, including sheets and tubes, dropped 12% y/y in October, to 69,218 tonnes. This is the 15th consecutive month of decline, but October production was the highest level and the slowest drop since last November. Demand for pipes for air conditioners remains subdued, but there is some recovery in the semiconductor, auto and electronics sectors.
Colin Bennett

The greening of manufacturing - 0 views

www.ft.com/...d0-11de-b578-00144feabdc0.html

trends copper

shared by Colin Bennett on 23 Nov 09 - Snapshot
  • Leading European industrialists believe the future of manufacturing on the continent will increasingly revolve around green products, often backed by government subsidies.
  • Colin Bennett
    Colin Bennett on 23 Nov 09
     
    "Leading European industrialists believe the future of manufacturing on the continent will increasingly revolve around green products, often backed by government subsidies."
Caroline Millar

Japan - October copper cable shipments down 14.3% y/y, up 5.2% m/m - 0 views

communities.thomsonreuters.com/...475789

copper cable shipments october

shared by Caroline Millar on 23 Nov 09 - Snapshot
  • Caroline Millar
    Caroline Millar on 23 Nov 09
     
    Japanese copper wire and cable shipments in October were down 14.3% y/y at 61,000 tonnes, but up 5.2% m/m from 57,984 tonnes in September, according to data provided by the Japanese Electric Wire and Cable Makers' Association on 20 November. Only the power and telecommunications sectors saw y/y rises in October shipments: power industry shipments rose 15.6% y/y to 8,100 tonnes, the largest volume since 8,427 tonnes in November 2001. But this was more than offset by declines in the construction, automobile, home appliance and export sectors.
Caroline Millar

UK - WBMS: Jan-Sep deficit of 58,000t in global copper market masks hidden China stocks - 0 views

communities.thomsonreuters.com/...475487

WBMS copper market consumption deficit

shared by Caroline Millar on 20 Nov 09 - No snapshot
  • Caroline Millar
    Caroline Millar on 20 Nov 09
     
    The global copper market was in a deficit of 58,000 tonnes in January-September 2009, compared with a surplus of 27,000 tonnes in the same period last year, according to the World Bureau of Metal Statistics (WBMS) report released on 18 November. Global consumption rose fractionally to 13.87 million tonnes while Chinese apparent consumption increased 47% to 5.47 million tonnes. The British-based consultancy said this masks a build up of unreported stocks, since output of semi manufactures increased only 16.67%.
Panos Kotseras

US - Copper imports rose in September by 50% m-o-m - 0 views

dataweb.usitc.gov

US copper imports

shared by Panos Kotseras on 19 Nov 09 - Snapshot
  • Panos Kotseras
    Panos Kotseras on 19 Nov 09
     
    According to data released by the US International Trade Commission, copper imports in September soared to 56,012 tonnes, up by more than 50% compared to August. Larger import volumes provide optimism for economic recovery in the US. The US stimulus plan amounts to US$787 billion and until now only a fifth to a quarter has been spent. Maximum results of the stimulus programme are expected to be realised in Q4 2009 - Q2 2010.
Colin Bennett

BHP chief says big mining will meet demand - 0 views

www.ft.com/...18-11de-990c-00144feabdc0.html

trends copper BHP

shared by Colin Bennett on 18 Nov 09 - Snapshot
  • Marius Kloppers said the big mining houses had the capacity to meet the world’s rising demand for fuels and ores in the coming decades in a speech where he also sought to downplay fears expressed by industrialising nations over “resources security”.
Caroline Millar

China - China's top 2 copper pipe and tube producers in US anti-dumping probe - 0 views

news.xinhuanet.com/...content_12454026.htm

china usa jinlong hailiang coper tube pipe antidumping

shared by Caroline Millar on 18 Nov 09 - Snapshot
  • Caroline Millar
    Caroline Millar on 18 Nov 09
     
    Jinlong Seamless Copper Pipe Co. and Hailiang, China's top two producers of seamless refined copper pipe and tube, are both included in the current US anti-dumping investigations into imports from China and Mexico. Jinlong (which exports to the US, Japan, South Korea, the Middle East, Southeast Asia, and Africa) last month opened a new plant in Mexico (annual production capacity 60,000 tonnes), designed to supply demand in North and South America. Hailiang's exports of pipe and tubes to the US in 2008 were15,479 tonnes (10.5% of total sales), and in 1H09 5,622 tonnes (7.9% of total). In total China exported 50,000 tonnes in 2008, and 30,000 tonnes in 1H09.
Colin Bennett

KGHM 2010 copper production to exceed 502,000 tonnes - 0 views

www.mineweb.com/...page36

trends copper kghm

shared by Colin Bennett on 17 Nov 09 - Snapshot
  • Polish miner KGHM (KGHM.WA: Quote) Europe's No. 2 copper producer, expects to boost 2010 production above the 502,000 tonnes forecast for this year, its chief executive said on Tuesday.
Panos Kotseras

USA - Bank of America sees copper consumption growth - 0 views

communities.thomsonreuters.com/...474357

Bank of America copper consumption

shared by Panos Kotseras on 17 Nov 09 - Snapshot
  • Panos Kotseras
    Panos Kotseras on 17 Nov 09
     
    Bank of America-Merrill Lynch is expecting that the world ex-China has potential for copper demand growth too. As a result, it revised up its copper price forecast for 2010 to US$7,125/t. This represents a 1.8% increase compared to its earlier anticipation. Its forecast for the current year is revised up by 5.6% to US$5,137/t.

Caroline Millar

USA - ITC to continue copper tube antidumping investigations - 0 views

www.usitc.gov/...er1113gg1.htm

usa copper tube pipe antidumping china mexico

shared by Caroline Millar on 16 Nov 09 - No snapshot
  • Caroline Millar
    Caroline Millar on 16 Nov 09
     
    The U.S. International Trade Commission (ITC) on 13 November took a unanimous vote to continue its anti-dumping duty investigations into imports of seamless refined copper pipe and tube from China and Mexico. Preliminary determinations are due 9 March 2010. On 21 October, the U.S. Commerce Department formally initiated anti-dumping investigations (petitioned by domestic manufacturers Cerro Flow Products Inc, KobeWieland Copper Products LLC and two divisions of Mueller Industries Inc), finding estimated dumping margins of 60.5% for China and 76.5% to 85.7% for Mexico.
Caroline Millar

Chile - Codelco sees rebound supporting copper demand - 0 views

www.forexyard.com/...reuters_inner.tpl

chile codelco copper demand output

shared by Caroline Millar on 13 Nov 09 - Snapshot
  • Caroline Millar
    Caroline Millar on 13 Nov 09
     
    The world's biggest copper producer, Chile's Codelco, expects an economic rebound in the US and Europe will help support demand for copper next year with China maintaining its growth. Codelco's copper output for the first nine months this year was up 16% y/y at 1.21 million tonnes, and it expects output of 1.7 million tonnes for the full year and slightly more next year. Economic recovery will support copper prices.
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