Skip to main content

Home/ Copper end use trends/ Group items tagged CESCO

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Colin Bennett

CESCO industry think tank forecasts prices will drop lower - 0 views

www.mineweb.com/...page36

trends copper finance

shared by Colin Bennett on 19 Jan 09 - Cached
  • Colin Bennett on 19 Jan 09
     
    CESCO Executive Director Juan Carlos Guajardo told Reuters in an interview that he saw copper output coming in at about 5.3 million tonnes this year, either unchanged from a year earlier or down as much as 1 percent.
Panos Kotseras

Chile - Sonami and Cesco predict strong Japanese copper demand in Q3 2011 - 0 views

www.bnamericas.com/...tly-in-q3-say-industry-experts

Chile Sonami Cesco Japan copper

shared by Panos Kotseras on 18 Mar 11 - No Cached
  • Panos Kotseras on 18 Mar 11
     
    Chilean private miners association Sonami and copper and mining study group Cesco anticipate that Japanese copper demand will significantly recover in Q3 of the current year. It is expected that the market for copper will remain weak for several months due to the 9.0 earthquake and tsunami that hit the country on 11th March. However, reconstruction-related copper demand is predicted to exhibit significant growth rates from Q3 2011.
Piotr Ortonowski

China - Codelco expects China to consume three quarters of new copper production that i... - 0 views

www.cesco.cl/...cesco-week-2012.html

copper trends China

shared by Piotr Ortonowski on 03 May 12 - No Cached
  • Piotr Ortonowski on 03 May 12
     
    According to the CEO of Codelco, the world's largest copper producer based in Chile, demand for copper will continue to be driven by China through 2017. Consumption from the nation is expected to account for around three quarters of the 4.8Mt of new copper production expected to come on stream over the next six years. Codelco pointed to continuing urbanisation and infrastructure developments as the key drivers of demand in the region. China currently consumes around 38% of the world's copper. Global consumption is expected to hit 22Mt by 2017.
Colin Bennett

Aluminum gains industrial lustre - 0 views

view.ed4.net/...40MR74

trends copper substitution

shared by Colin Bennett on 07 Aug 14 - No Cached
  • It says that demand for aluminium cable, especially in the power industry, is already rising and “certain to increase in the coming years” – at the expense of copper. “There will be substitution, and it will have an impact on the market,” said Christophe Allain, the company’s corporate purchasing director for non ferrous metals, addressing the Cesco copper conference in Chile earlier this year. “We have customers who in the past thought the cost differential between the two metals would not be sustainable [and so stuck with copper]. But now they ask directly for an aluminium cable design.” This is not Nexans necessarily talking its book – the company manufactures both copper and aluminium cable. One area where substitution is likely to increasingly occur is in car wiring. Industrial copper cabling could be switched to aluminium in the railway, aeronautics and wind farm sectors. But the biggest threat to copper is in the power sector.
Colin Bennett

Glencore-Xstrata will produce 2 million tonnes of copper by 2016 - 0 views

www.metalbulletin.com/...-tonnes-of-copper-by-2016.html

trends Copper Glencore Xstrata production

shared by Colin Bennett on 29 Nov 12 - No Cached
  • Glencore-Xstrata will produce two million tonnes of copper by 2016, making it the largest copper company in the world, Xstrata Copper said on Thursday November 29.
Colin Bennett

Cost of storage 'kills dead' notion of successful copper ETFs - 0 views

www.metalbulletin.com/...ccessful-copper-ETFAbbott.html

trends Copper ETFs

shared by Colin Bennett on 29 Nov 12 - No Cached
  • Our view then, which remains our view now, is that the cost of storing copper relative to price kills dead the notion
Matthew Wonnacott

Aurubis CEO sees improving US demand - 0 views

Bloomberg

trends copper China US

shared by Matthew Wonnacott on 09 Apr 13 - No Cached
  • Matthew Wonnacott on 09 Apr 13
     
    In an interview ahead of the CESCO/CRU world copper conference, Aurubis AG CEO Peter Willbrandt said that the company's US business is seeing the best flow of orders in 18 months and that the company's order book is full through May. The CEO said that the US has improved more than Europe and that Aurubis is still waiting for a stronger pickup in China, where he believed there had been a 50,000t destock of cathode in the past few weeks. Commenting on price expectations, he said that he expects copper to trade between US$7,500-8,000/t this year.
Matthew Wonnacott

CRU: Consumption to grow by an average of 4.4% a year in 2012-2017 - 0 views

Business News America

trends copper demand

shared by Matthew Wonnacott on 10 Apr 13 - No Cached
  • Matthew Wonnacott on 10 Apr 13
     
    According to CRU's Copper Group Manager Vanessa Davidson, annual copper consumption growth will average 4.4% y-o-y during the period 2012-2017 driven by strong consumption in China and the rest of Asia. The Group Manager said she does not see the rising stocks on the LME as being as bearish as it seems, saying it is the result of stocks being transferred into visible locations. The speech was part of the annual CESCO/CRU World Copper Conference held in Santiago, Chile.
Matthew Wonnacott

Luvata metals sales VP: Rising premiums not logical in the current market - 0 views

Metal Bulletin

trends copper warehousing

shared by Matthew Wonnacott on 11 Apr 13 - No Cached
  • Matthew Wonnacott on 11 Apr 13
     
    In an interview during the annual CESCO week, Luvata's VP of metals sales Ian Scarlett said that the current warehousing activities are causing distortions to the LME's function as a market of last resort. The VP said he would like to see premiums reflect current market conditions and that some market players could distort the system, adding that the "copper value chain is broken." Mr Scarlett said that it is "not logical" for premiums to be rising during this current period of an increasing market surplus.
Matthew Wonnacott

CRU analyst sees Chinese consolidation and substitution weighing on demand - 0 views

Platts

trends copper China substitution

shared by Matthew Wonnacott on 12 Dec 12 - No Cached
  • Matthew Wonnacott on 12 Dec 12
     
    An official from SDI La Farga LLC's said on 11th December that the company is producing limited amounts of wirerod at its new US $39M plant in New Haven, Indiana. The new facility, a joint venture between Spain's La Farga Group and Steel Dynamics Inc, produces wirerod from number 2 scrap copper rather than cathode. The company official said "we've produced quality rod and are in the process of getting approval of customers and we have done so with several customers." He added that plant officials are "waiting for more customer orders to start producing more".
  • ...3 more comments...
  • Matthew Wonnacott on 07 Jan 13
     
    According to a US-based cathode seller, US downstream users of copper cathode are hesitant to sign long-term contracts in 2013, believing that there will be sufficient cathode available on the market for last-minute purchases. The report also cited a downstream user as saying that he believes that absent of transport costs, premiums on annual contracts might have been lower in 2013 compared to 2012. However, the report cited the downstream user as saying he preferred to take cathode from merchants due to the "more lenient" payment terms, whereby he received 10-30 days net credit on annual deals, as opposed to cash-on-payment for spot deals.
  • Matthew Wonnacott on 09 Jan 13
     
    Quanshun copper announced on 8th December that it has begun production at its new 100,000t/y semis plant in Xinxiang City, Henan province. The new facility is capable of producing 50,000t/y of oxygen-free copper wirerod, 20,000t/y of copper bar, 10,000t/y of transposed conductors (copper strips) and 10,000t/y of other specialist copper semis for the electronics industry. The new production capacity, which was built at a cost of RMB700M (USD112M), is aimed at serving the Chinese domestic market, however, a source at the company did not rule out exporting in the coming years.
  • Matthew Wonnacott on 01 Mar 13
     
    According to an official from the Delixi group, the company plans to build a new 400,000t/y copper wirerod plant in Zhangpu town, Jiangsu province. The total investment in the new plant will be around RMB3.6bn (US$573M), although the official declined to disclose the timeline for the project. According to the company's website, it specialises in the manufacturing of electric power transmission and distribution appliances.
  • Matthew Wonnacott on 27 Mar 13
     
    Anhui Jincheng, the Shanghai-listed producer of copper PSSF, said on 26th March that it produced 93,872t of copper PSSF in 2012, a 13% y-o-y increase from 2011. Despite the increase in output, the company made a net loss of RMB57M in 2012 from a profit of RMB24M in 2011 (loss of US$9M from a profit of US$3.8M). Remarking on the results the company said that "uncertainties in the global economy, the euro debt crisis, plus the weak Chinese economy, has negatively impacted demand by the downstream processing sector last year."
  • Matthew Wonnacott on 12 Apr 13
     
    Talking at the annual CESCO/CRU World Copper Conference, CRU Principal Consultant Vivienne Lloyd said that up to 2Mt of copper demand could be lost over the next five years due to substitution and consolidation amongst Chinese semis producers. Lloyd said that the areas under the greatest threat from substitution are the automotive wiring harness sector and the HVAC sector. However, CRU believes that the aluminium/copper price ratio is likely to have peaked in 2012 at around 4:1, and will fall back gradually to 2017 reaching 3:1, which should relieve some of the substitution pressures.
Colin Bennett

Aluminium set to steal copper market share - 0 views

www.metalbulletin.com/...copper-market-shareNexans.html

trends copper substutution aluminum

shared by Colin Bennett on 10 Apr 14 - No Cached
  • Aluminium is set to potentially steal market share from copper in a number of areas, the corporate purchasing director for non-ferrous metals at Nexans said.
Colin Bennett

The Rise of Aluminum Cable in the Industrial Sector - 2 views

www.controldesign.com/...minum-in-the-industrial-sector

trends copper Nexans substitution

shared by Colin Bennett on 18 Sep 14 - No Cached
  • Christophe Allain, the Corporate Purchasing Director for non-ferrous metals at Nexans, acknowledged to an assembly at the Cesco copper conference in Chile how the changes have altered his company.
1 - 16 of 16
Showing 20▼ items per page