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Currently, the global stainless steel industry is going through difficult times, as prices of raw materials are increasing on one hand, and at the same time demand has been on a declining trend. Profitability of both manufacturers and traders of pipes and plate products have reduced significantly compared to the past two years. I have been speaking to many traders of pipes, plates and fittings about their business conditions and the most common answer I get is "Current business is even worse than what we experienced in the recession of 2008". It is not just the case with European or US manufacturers of stainless steel products, the effects of declining demand is being even faced by Chinese and Asian manufacturers. Nickel and ferro chrome prices are the driving factor for determining prices of stainless steel products. While, Nickel prices on the London Metal Exchange have been very volatile, ferro chrome prices have been recently increased by 12.5% by miners across economies. On account of an increase in ferro chrome prices, some manufacturers have already announced an increase in prices, while others are planning to increase the prices. Stockholders and buyers of products such as stainless steel sheets, plates, pipes, bars, fittings and flanges have been become highly risk averse and cautious while placing purchase orders with mills, especially in case of Asian stock holders who import these products from Chinese or Indian mills. The global speculation activity in metals has had a major impact on the buying patterns of consumers in Asian economies. Going forward, we expect the market to remain lack luster, with buyers staying on the back seat and purchasing in smaller quantities, to avoid major losses due to fluctuations in prices of Nickel and other raw materials. Although prices in the Indian market have remained stable, but selling big quantities of stainless steel plates, pipes and fittings has become difficult because of the risk averse attitude of traders

Concerns of a slowdown in the Chinese economy led to a selloff in major base metals including copper, aluminium and nickel. Even precious metals such as gold and silver were not spared. The key question is who to trust at times when gold is also on a freefall. This week global financial markets started with another round of selling, as investors turned risk averse following disappointing Chinese economic data. The Chinese Economy grew 7.7% during the first quarter of 2013, compared to the same period last year, missing economists' expectations of 8% growth. Growth also slowed compared to the last quarter of 2012, when it stood at 7.9%, raising expectations of a slowdown in the Chinese economy, which is a bearish signal for the global financial markets, especially base metals. Growth in Chinese industrial production also disappointed, with a reading of year on year growth of 8.9% in March compared to a 9.9% growth recorded in the previous month. Markets were expecting a growth of 10.0 year on year. Traders had expected China to post better results, as consumer spending had improved and Chinese government had also infused liquidity in the domestic financial system to aid growth. We expect the Chinese government to avoid a monetary tightening policy to aid growth in the coming months. Nickel prices were trading at around USD 15,500 / metric ton down around USD350 compared to the closing on Friday. The fall in nickel prices and weak Chinese economic data has come as a surprise to many stainless steel users and stockholders in emerging economies, as they had made material bookings for stainless steel seamless pipes, Stainless Steel Pipe Fittings and stainless steel strips in the last week,. They had anticipated Nickel prices of USD16000 / metric ton as bottom pric

The most recent published by Reports & Insights termed as "Real Estate Market: Opportunity Analysis and Future Assessment 2022-2030" provides exclusive information about the market, covering in-depth data about future market opportunities and prospects along with the possible challenges. It further mentions recent trends and impact of various factors which affects the growth of Real Estate market. Moreover, the report also thoroughly states about the leading players competing in the market for the interest of its readers.

The latest report published by Reports & Insights highlighted the development and the growth of the global Data Center market, which further includes the detailed information about the market potential and profound knowledge of the trends prevailing in the market. The global Data Center market is projected to rise steadily over the anticipated future as per the report estimates. The research study named "Data Center Market: Opportunity Analysis and Future Assessment 2022-2030", is aimed to provide a quantitative and qualitative outline of the conceptual structure and analytical approach of the market elaborated using attested research methodologies and proficient expertise. The global data center market was valued US$ 4.2 Bn at the end of 2020 and expected to reach at a value of US$ 6.0 Bn by 2028 with a significant CAGR of 4.5%. Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/6179 Data Center Introduction A data center basically can be understood as a consolidated vault, either virtual or physical, used mainly for the storage, administration and distribution of data and information organized around a particular body of knowledge or referring to a particular business. At its simplest, a data center is a tangible service that organizations can utilize to store their critical data and applications securely. The structure of the data center is based on a network of storage and computing resources that allow the delivery of shared data and applications. The major elements of a data center design consist of switches, routers, storage systems, firewalls, application-delivery, servers, and controllers. Noticeably, the large data centers are industrial scale operations using as much electricity as a small town. Although, modern data centers are way different than they were just a little while ago. The infrastructure of the data centers has transitioned from conventional on-site tangible servers to virtual networks that assists

Investors are hoping China will implement an eagerly expected cut on banks' reserve requirement ratio to boost economic growth.

One of the areas to watch closely in the China growth story is the natural resource and commodities space, but the picture there isn't so simple.

China and Hong Kong opened higher in line with a rise on Wall Street and increased gains in late trading to rebound from recent steep losses.

China and Hong Kong stocks tumbled after the HSBC preliminary manufacturing PMI fell sharply to 48.0, indicating slowing growth in China. Resources stocks posted steep losses.

Concerns of slow down of China economy growth which might depress corporate earnings, coupled with other concerns will continue to hurt the market sentiment in the near term.

The most recent published by Reports & Insights termed as "Polymer Additives Market: Opportunity Analysis and Future Assessment 2022-2030" provides exclusive information about the market, covering in-depth data about future market opportunities and prospects along with the possible challenges. It further mentions recent trends and impact of various factors which affects the growth of Polymer Additives Market. Moreover, the report also thoroughly states about the leading players competing in the market for the interest of its readers. Request To Download Sample of This Strategic Report: https://reportsandinsights.com/sample-request/2918 Polymer Additives Market Overview: As per Reports and Insights Analysis, the global polymer additives market size is estimated for US$ 49.0 Bn in 2022 and is projected to register a CAGR of 5.3% to reach US$ 74.6 Bn by 2030 end. Polymer additives are materials that are added to polymer matrix to improve polymers processing capabilities, increase the product's shelf life, or satisfy a particular end-use requirement. They are included in order to provide smooth surfaces, ease processing, support optical qualities, and offer anti-aging benefits. Due to advancements in additives like bio-based compounds and green chemistry, which will make the substances more suitable for usage, the industry is expected to alter. The market for polymer additives is boosted by the expansion of the packaging industry as a result of globalization and lifestyle changes. The market for polymer additives is expanding as a result of rise in plastic consumption and the rapidly expanding industrial sector in emerging economies. Polymer Additives Market Dynamics and Market Trends: Market Drivers: Due to high-end applications and usage in the packaging and automotive industries, the market is significantly growing. The market is intended to grow as a result of the conductivity properties of carbon nanotubes and nano-fiber. Demand for commodities is ri

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China stocks in Hong Kong fell in line with global markets after Moody's credit rating agency panned Europe's latest effort to address its debt crisis.

Hong Kong blue chips opened higher after China cut banks' reserve requirement ratio but started to swoon in mid-morning under profit-taking pressure to end slightly lower.

China stocks rebounded after bonds issued by debt-strapped Spain and Mainland markets rose sharply. Late profit-taking trimmed some gains in continued sluggish trading.

The market received good news when China announced a March PMI of 53.1, well above forecasts of 50.5 and easing some concern about slowing Chinese economic growth.

China's strategy to import particularly raw materials from India is creating hassles in the growth of Indian textiles both in China and the global markets, says industry stalwarts.

The Social Commerce market in India and China to grow at a CAGR of 37.59 % One of the essential factors contributing to this industry growth is the enhanced adoption of social media network. The market has also been witnessing an improved penetration of mobile phones and tablets. However, issues related to ROI measurement could pose a challenge to the growth of this market.