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Copper falls to 18-month low on bank crisis

Thu, 02 Oct 2008 09:07:23 -0000

Copper hit an 18-month low on Tuesday before trimming losses as recession fears grew after the U.S. Congress voted down a rescue plan for troubled banks.

Tags: copper price trends

Posted by: bennett

Copper prices tread water, await US debt deal - INQUIRER.net

Fri, 26 Sep 2008 10:28:18 -0000

SINGAPORE -- Copper prices were steady in London and Shanghai on Friday, after modest overnight gains, but trade was thin as investors awaited the cobbling of a plan to preserve the economy from septic debt.

Tags: copper price trends

Posted by: bennett

India copper slides on stocks, dollar weighs- Commodities-Markets-The Economic Times

Mon, 08 Sep 2008 08:03:20 -0000

MUMBAI : Indian copper futures fell on Friday after a huge rise in inventories coupled with demand concerns weighed on investor sentiment, analysts said

Tags: mining price trends

Posted by: bennett

Dropping copper price not benefiting copper foil players

Fri, 05 Sep 2008 08:21:26 -0000

Recent weakening copper prices does not necessarily mean that copper foil makers will have a potential price revision in the following months, as electricity costs are going to rise in October, said industry players.

Tags: price trends

Posted by: bennett

Olin Brass to raise prices

Mon, 28 Jul 2008 16:13:58 -0000

Comments:

Olin Brass, a division of Global Brass & Copper LLC since Global’s $400 million purchase of Olin Corp. in November, is looking to increase product prices in response to rapidly increasing costs and softening demand from end-user markets. The price rises are one aspect of a wider re-organisation by Global in an attempt to offset rising raw material and energy costs. According to the company these initiatives have led to productivity gains of over 10 percent, freeing up significant working capital. However Global comments, “our input costs keep going up at such a rate we simply can’t be profitable despite cost savings that we’ve put in place. We need to receive more for our product.” Olin is also being hit by depressed end-user markets. As the slowdown in residential construction activities following the sub-prime mortgage crisis continues, demand in the fabrication sector remains low. The US Department of Commerce reported a 3.3% drop in housing starts in May, with building permits for future construction declining to an annual rate of 969,000. Despite the somewhat bleak outlook the falling dollar against a basket of foreign currencies has lead some copper and brass business that was moved offshore to return to the U.S. lately. “It’s not a torrent of products coming back, but whereas in 2001 through 2003 we saw an exodus of business from here to China, this has slowed if not balanced out with some things coming back” according to Olin Brass. Olin brass is a manufacturer and distributor of copper and copper-alloy sheet, strip, plate, foil, and fabricated components in headquartered in Illinois, USA. posted by wpratt

Tags: copper manufacturing price trends

Posted by: wpratt

Nickel hits two-year low on weak demand

Mon, 28 Jul 2008 11:12:44 -0000

LONDON — Nickel hit a two-year low Friday as worries about \ndemand from stainless steel mills mounted, while copper managed to end in \npositive territory despite growing fears of a global economic slowdown.

Tags: price trends

Posted by: bennett

Rio Tinto sees copper price surging to fresh peaks | Reuters

Fri, 11 Jul 2008 08:14:47 -0000

LONDON (Reuters) - Copper prices could hit fresh record highs this year as the Chinese economy continues to expand despite a slowdown in the United States, the chief economist of miner Rio Tinto (RIO.L: Quote, Profile, Research) said on Thursday.

Tags: price rio trends

Posted by: bennett

oilprice1947.gif (GIF Image, 800x600 pixels)

Mon, 16 Jun 2008 19:40:56 -0000

Tags: price trends

Posted by: keulenae

Khaleej Times Online - Copper slips on weak demand prospects

Fri, 06 Jun 2008 09:43:08 -0000

LONDON - Copper prices fell on Wednesday as investors retreated on fears about global economic growth and lower demand from China and the United States, the world's top two consumers.

Tags: price trends

Posted by: bennett

Steel price blow to cheap cars

Thu, 29 May 2008 08:33:41 -0000

The future of Tata's forthcoming Nano - the cheapest car in the world - could be jeopardised by rising steel prices.

Tags: automotive price

Posted by: bennett

China steel exports rebound on widening domestic, world markets price gap - People's Daily Online

Mon, 14 Apr 2008 10:08:17 -0000

China exported 4.16 million tons of steel in March, an increase of 1.05 million tons from February, spurred by the widening price gap between the domestic and international markets.

Tags: price trends

Posted by: bennett

Slicing Up Silicon for Cheaper Solar

Fri, 14 Mar 2008 10:21:09 -0000

Highlights and Sticky Notes:

It has recently started shipping its first panels to select customers. This spring the company will begin production of solar panels at a factory built to produce 25 megawatts of solar panels per year.

This approach saves money because the total costs of the molded plastic, other extra materials, and added manufacturing steps still are lower than the cost of the additional silicon used in conventional solar panels. Solaria also reduces costs by using manufacturing equipment already developed for the semiconductor industry, thus avoiding expensive customized equipment.

Tags: price solar

Posted by: ingenheiro

Another Peek at the Plateau

Thu, 28 Feb 2008 13:57:10 -0000

Oil at $150 a barrel by 2010... or maybe earlier - will it curve demand?
likely not...

Tags: price

Posted by: ingenheiro

Rising energy prices fuel inflation fears | EU - European Information on Energy

Mon, 07 Jan 2008 16:01:57 -0000

Highlights and Sticky Notes:

With the price of crude oil hitting $100 per barrel, European citizens must prepare for large increases in gas and electricity bills in the coming weeks, with major companies in the UK and France already announcing plans to raise prices by as much as 27%

Tags: energy price

Posted by: ingenheiro