Group items tagged

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

Revolutionary Impact of Online Stock Trading On the Mind of Investors these Days The methodology picked for selling and buying of shares and related commodities without any manual effort but rather through machine intervention; can be depicted as Online Stock Trading on this date. Next countable step for depositing the amount to be invested during online trading is to open a share trading account for keeping the mentioned details in a safe condition. Eventually hunting for those efficient online share brokers seems to be hitting the list of upcoming priorities. But what counts the most far a mile before implementing the above mentioned strategies; a likeminded individual should be aware of the fundamentals on which online trading strategies stand tall.

According to the new market research report by MarketsandMarkets, the Portable Generator Market by Fuel (Gasoline, Diesel, Natural Gas, Others), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 510 kW, 1020 kW), End User (Residential, Commercial, Industrial), and Region - Global Forecast to 2026", is projected to reach USD 2.5 billion by 2026 from an estimated USD 1.8 billion in 2021, at a CAGR of 6.7% during the forecast period. Increasing instances of power outages owing to aging grid infrastructure and extreme weather conditions are the key factors driving the growth of the Portable Generator Market. Increasing adoption of dual fuel and inverter portable generators are expected to offer lucrative opportunities for the Portable Generator Market during the forecast period.

McDonald's and Yum! Brands both look poised to benefit from the current economic and demographic conditions. Recent earnings reports and strong overseas gains could help shares reach new highs.

The IPO is inviting the public to subscribe for securities of the company public shareholding under the articles of incorporation or upon increasing the capital of the company list in accordance with the terms and conditions presented legislation in force, and is the IPO one of the important methods of corporate finance to enable them to achieve the goals intended from its inception, in addition to its contribution in expanding the base of investors in the stock market.

The housing market in the US has battled very challenging market conditions, but opportunities for good investments could outweigh the risk of further losses for the coming year.

The market continues to be in an overbought condition, but appears to have bottomed in that regard. But for bears, there could be some worthwhile opportunities to go short.

In the present recessive stage, where financial conditions of a person restricts from discussing and evaluating such matters for any good reason, finance forums would be the ideal place to land. No wonder, people getting annoyed and frustrated after they hear any ear-splitting, disturbing news about the prevailing market depression, newly filed bankruptcies, financial crises and insolvencies of corporations as well as individuals.

The IPO market has a very short attention span, even for Wall Street standards. Looking ahead at 2012, what companies are going public? Will Facebook be one of them?

After a day's zig zag condition stock market on 08 June today closed with a higher gain. A late rally in the markets enabled the indices to close with significant gains with capital goods, realty, FMCG, power and banking being the lead gainers.

If you are into the auto interior cleaning service business in NYC, then you require the right arsenal of cleaning products that KP Car Care has. We stock only the best products from top brands in the market so that you can give your clients 100% satisfaction.

KP Car Care has got all the best-in-industry car interior cleaning products suppliers that you need to keep your car in showroom condition for several years. We also supply interior cleaning products to the garage and car care service providers in NYC.