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vinodjain873

Stainless Steel Pipe Fittings - Stockholders See Weakening Demand, On Rising Uncertainty - 0 views

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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
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    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
Gunjan Market Analyst

MCX Commodity Tips,Trend, Support Resistance 4 September 2012 - 0 views

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    Visit http://live-mcx.blogspot.in/ for 4 September 2012's mcx gold, silver, copper, crude oil, lead, aluminium, base metals, agri tips, trend, news, updates, support resistance level, outlook, live price, chart rate for today. MCX Tips free trial. mcx gold tips, mcx silver tips, mcx copper tips, mcx crude oil tips, mcx lead tips, commodity market trend, outlook, support resistance level for commodities.
dipali 100

Evening commodity trading Level || Today gold silver latest updates and commodity MCX t... - 0 views

http://mcxtipscalls.blogspot.in/2013/07/evening-commodity-trading-level-today.html#.Ue-e4dL-HJY

gold tips live mcx silver lead trading level nickel crude oil rates latest updates commodity face

started by dipali 100 on 24 Jul 13 no follow-up yet
kbojezhang44

Bohai Drilling Gold Words license plate - 1 views

On July 21, Bohai drilled the Qinghai market and sent a good news. Kun 2 deepened the test well and handed it over 17 days ahead of schedule, and obtained high-yield industrial airflow. More and mo...

Business

started by kbojezhang44 on 22 Apr 20 no follow-up yet
kbojezhang44

A Diamond-less Engagement Ring...? - 1 views

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business

started by kbojezhang44 on 07 Nov 22 no follow-up yet
kbojezhang44

A Diamond-less Engagement Ring...? - 1 views

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business

started by kbojezhang44 on 07 Nov 22 no follow-up yet
kbojezhang44

A Diamond-less Engagement Ring...? - 1 views

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business

started by kbojezhang44 on 07 Nov 22 no follow-up yet
kbojezhang44

I Bought This Engagement Ring, What Do You Think? - 0 views

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Business

started by kbojezhang44 on 17 Oct 22 no follow-up yet
kbojezhang44

I Bought This Engagement Ring, What Do You Think? - 0 views

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Business

started by kbojezhang44 on 17 Oct 22 no follow-up yet
Gunjan Market Analyst

MCX CRUDE OIL TIPS FOR TODAY 11 JULY 2012 - 0 views

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    Source :-http://live-mcx.blogspot.in/ MCX CRUDE OIL TREND, MCX COPPER TREND, MCX GOLD SILVER TREND TIPS. SUPPORT RESISTANCE LEVEL FOR 11 JULY 2012.Crude Oil Tips,Live Rate Price for 11th We expect crude oil prices to trade on a negative note taking cues from end of strike by the platform workers in Norway, decline in China's crude oil imports along with stronger dollar index (DX).MCX Crude Oil: Support 4750, 4710; resistance 4830, 4860 Visit http://live-mcx.blogspot.in/ for more tips.
Gunjan Market Analyst

MCX Commodity Tips,Trend, Support Resistance 6 September 2012 - 0 views

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    6 September We recommend Crude oil MCX (September Futures) to Buy @ 5300 with stoploss - 5250 and target - 5400.Visit http://live-mcx.blogspot.in/ for 6 September 2012's mcx gold, silver, copper, crude oil, lead, aluminium, base metals, agri tips, trend, news, updates, support resistance level, outlook, live price, chart rate for today. MCX Tips free trial.
Gunjan Market Analyst

MCX Commodity Tips,Trend, Support Resistance 3 September 2012 - 0 views

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    We recommend Crude oil MCX (September Futures) to Buy @ 5300 with stoploss - 5250 and target - 5400.Visit http://live-mcx.blogspot.in/ for 3 September 2012's mcx gold, silver, copper, crude oil, lead, aluminium, base metals, agri tips, trend, news, updates, support resistance level, outlook, live price, chart rate for today. MCX Tips free trial.
Gunjan Market Analyst

MCX Commodity Tips,Trend, Support Resistance 25 July - 0 views

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    Visit http://live-mcx.blogspot.in/ for 25 July 2012's mcx gold, silver, copper, crude oil, lead, aluminium, base metals, agri tips, trend, news, updates, support resistance level, outlook, live price, chart rate for today. MCX Tips free trial.
Gunjan Market Analyst

MCX Commodity Tips,Trend, Support Resistance - 0 views

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    Visit http://live-mcx.blogspot.in/ for 24 July 2012's mcx gold, silver, copper, crude oil, lead, aluminium, base metals tips, trend, news, updates, support resistance level, outlook, live price, chart rate for today. MCX Tips free trial.
Gunjan Market Analyst

MCX Commodity Tips,Trend, Support Resistance 9 August 2012 - 0 views

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    Visit http://live-mcx.blogspot.in/ for 9 August 2012's mcx gold, silver, copper, crude oil, lead, aluminium, base metals, agri tips, trend, news, updates, support resistance level, outlook, live price, chart rate for today. MCX Tips free trial.
Gunjan Market Analyst

MCX Commodity Tips,Trend, Support Resistance 7 August 2012 - 0 views

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    Visit http://live-mcx.blogspot.in/ for 7 August 2012's mcx gold, silver, copper, crude oil, lead, aluminium, base metals, agri tips, trend, news, updates, support resistance level, outlook, live price, chart rate for today. MCX Tips free trial.
rmgspots

About Us - 0 views

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    Our service is Ready-made Garments products supplier when foreign buyer order to us. like exporter.
iwooden

black leather skeleton watch - 0 views

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    Shijin offers the best prices and top-rated service of black and gold automatic watch! This mens black skeleton/automatic/mechanical watch is remarkable that there is a day-date window in this watch dial, added a glimmer of activity and utility for this concise mechanical watch.RFQ Today!
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