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Panos Kotseras

China - Huameida Copper starts 100ktpy copper wirerod project - 0 views

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    Hong Kong Haojidi International Group established Huameida Copper Co., Ltd. in Liaoning Province, China, the investment of which amounted to US$100M. Huameida Copper will engage in the manufacturing of copper semis. According to plans, the company will have capacity of 100ktpy of copper wirerod and 1.2ktpy of solar battery copper wire. It was commented that when the project is commissioned, it will be the largest copper wirerod project in the three north eastern provinces of China (Liaoning, Jilin and Heilongjiang).
Colin Bennett

Energy Performance Certificates failing to woo homebuyers - 0 views

  • The report by watchdog Consumer Focus, based on a survey carried out by TNS Research International, indicates that only 18% of homebuyers and tenants said that they took the EPC into consideration in their decision about a prospective property.
James Wright

US - Copper semis trade deficit widens by 15.7% m-o-m in March - 0 views

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    The US Copper and Brass Fabricators Council has reported a 15.7% m-o-m increase in the US brass mill products trade deficit, taking net imports to 19.9Mlbs in March 2011. The principal suppliers to the US were Germany and South Korea, whereas most US shipments were to Canada, Mexico and China. The segment which saw the largest increase in trade deficit was flat rolled products which reached 6.5Mlbs in March, up from 3.8Mlbs in the previous month. In addition, the trade deficit of rods, bars and sections rose, whereas tube as well as alloy wire both experienced greater monthly gains in exports compared to imports.
James Wright

IWCC expects a slow-down in Chinese copper demand growth this year - 0 views

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    The International Wrought Copper Council (IWCC) expects the growth rate for copper demand in China to fall from a double digit increase in 2010 to 7% this year. The council also said that the short term demand outlook was unclear due to the influence of high copper prices on end-user inventory levels. Furthermore, the IWCC commented that some industry participants see shrinking stock levels at the Shanghai Futures Exchange (SHFE) as a sign of increasing Chinese demand, while others believe that it is indicative of China's rising export levels. SHFE stocks contracted to 82,309t, down 54% from a peak level of 177,365t in March.
James Wright

Leoni announces strong first quarter 2011 results; cites strong automotive demand - 0 views

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    Leoni AG, the global cables specialist, has announced Q1 2011 revenues of €910.7M, up by 38% y-o-y. This was principally attributed to strong demand for cable harnesses and wiring systems, particularly from the Chinese and international commercial vehicle industry. The company has spent €21.9M in expanding production capacity at its facilities in Eastern Europe, North Africa and Latin America. In light of these results Leoni has raised its annual sales forecast for 2011 to €3.4B, up by 15% on last year.
Piotr Ortonowski

China - Two copper wirerod projects announced - 2 views

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    Chinese Zhengwei International Group Co. Ltd. has confirmed that it will undertake a 250,000t/y copper wirerod project in Wuwei County of Anhui Province. Another Chinese copper semis producer, Anhui Xinke New Materials Co. Ltd., has announced plans for a 120,000t/y copper wirerod project. The project will take two years to develop at a cost of RMB665.6M.
Colin Bennett

IEWC expands global wire and cable distribution footprint to Brazil - 0 views

  • Wire, cable, and wire management products supplier IEWC announced that it plans to expand its international distribution services with the opening of a sales office and stocking facility near Sao Paulo, Brazil.
Colin Bennett

LS Cable & System develops Korea's first electric vehicle cord set for household use - 0 views

  • The cord set satisfies all International Electric Commission specifications and requirements, so LS Cable & System has now climbed to an advantageous position for entry into the global market, which is currently dominated by Voltec of the U.S. and Toyota of Japan.
Glycon Garcia

IEA members 'not on track' on energy efficiency - 0 views

  • IEA members ‘not on track’ on energy efficiency Environmental Finance, 22 October 2009 - “More action is needed” by International Energy Agency (IEA) member countries on energy efficiency, according to a new report from the agency. “IEA member countries are implementing a full range of energy efficiency activities,” the report finds. “However, more action is needed … IEA member countries need to urgently extend their efforts in energy efficiency policy,” especially in transportation.
Colin Bennett

China may re-export copper stockpiles - 0 views

  • Copper stockpiles held in duty-free warehouses in China, the top user, may be re-exported after surging to as much as 350,000 tons from almost none at the start of the year, according to Xi'an Maike Metal International Group. "We can hardly find buyers for refined copper," said Luo Shengzhang, general manager of the copper department at Xi'an Maike. The company ranks among the country's three biggest importers, according to the executive. "China's got to export some copper from now and next year," Luo said in an interview.
Panos Kotseras

US - Copper imports rose in September by 50% m-o-m - 0 views

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    According to data released by the US International Trade Commission, copper imports in September soared to 56,012 tonnes, up by more than 50% compared to August. Larger import volumes provide optimism for economic recovery in the US. The US stimulus plan amounts to US$787 billion and until now only a fifth to a quarter has been spent. Maximum results of the stimulus programme are expected to be realised in Q4 2009 - Q2 2010.
Colin Bennett

Copper market 18,000 T in surplus - 0 views

  • The refined copper market was in an 18,000 tonnes surplus in March, the International Copper Study Group (ICSG) said on Wednesday.
Piotr Ortonowski

China - Amer to build 250,000t/y copper rod plant in Chaohu - 0 views

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    Amer International Group has signed an agreement with the local government of Wuwei County in Chaohu, Anhui Province, to build a 250,000t/y copper rod plant in Wuwei. Fixed-asset investment in the project is reportedly RMB2.5B. Once in operation, the plant will be the biggest of its kind in Asia.
James Wright

China - New 400,000t/y wirerod plant enters trial production phase in Guangzhou province - 0 views

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    It was reported that China's Amer International expects to complete construction of its new 250,000t/y copper rod production line, located in its Chaohu City facility in Anhui Province, by year-end. The expansion project will bring Amer's production capacity to 500,000t/y and its total copper rod production is anticipated to reach 200,000t in 2011. A spokesperson for the company said that it will manufacture rod for both domestic and foreign export markets. In addition, Amer also intends to source copper cathode for rod-processing from within China and also overseas. Total investment for the project amounted to RMB2.5B.
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    Jiangxi Copper has said that it will start-up a new 400,000t/y wirerod and wire plant in H2 2012, after missing its scheduled commissioning month of May due to the onset of the rainy season. The plant, which is based in Zengcheng city, Guangdong province, will be fed by refined copper produced by the company's smelting/refining operations resulting in less Jiangxi Copper cathode available to the domestic market. After startup, the company's semi-finished copper products capacity would double to almost 900,000t/y. Whereas Platt's figures indicate that Jiangxi's cathode production is expected to rise by a smaller value of around 150,000t to reach 1.09Mt in 2012.
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    Leyuan Group has started-up 40 copper foil lines with a total annual production capacity of 10,000t. The new plant is located in Tianjin City, Tianjin province and will be supplemented with two further phases of capacity expansions. The second phase lines are expected to be commissioned in June 2012 while the final phase capacity expansions will be operational by June 2013. The plant represents Leyuan Group's only copper foil production facility and the end of the phased capacity expansion project should see the company's maximum production capability amount to 100,000t/y. Leyuan expects to supply the domestic and Southeast Asian markets with copper foil produced from locally sourced copper cathode. Capital investment for the project is expected to amount to RMB1.22B.
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    Southwire, the US-based aluminium and copper cablemaker, has said that while the use of copper in most electrical applications is unlikely to change, some manufacturers are likely to move toward the use of aluminium wire. The auto industry is increasingly using aluminium wire for traditional copper applications. This is occurring most predominantly outside of the US, however domestic autos companies have also been using aluminium wire for battery cable and aluminium wire harnesses for lights. Southwire stated that for most electrical applications copper usage will remain dominant because of its overall reliability.
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    Guangzhou Jiangtong Copper products, a subsidiary of Jiangxi Copper, announced that it began trial production at its new 400,000t/y copper wirerod plant this week. The company expects to supply nearby consumers in southern China as well as those in foreign markets in Southeast Asia. Capital investment expenditure totalled RMB2.0B.
Piotr Ortonowski

Germany - Fundamentals to support copper price says Aurubis - 0 views

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    According to Aurubis, the largest producer of copper in Europe, copper prices will be supported by strong demand from China and Europe over the next year. The struggling mine supply of the metal will also help to sustain price levels. Aurubis believes that the recent drop in price was caused by a change in market sentiment rather than a physical fall in demand, although the company noted that some customers have become cautious when placing orders recently. Market insiders at the 2011 China International Mining Expo & Summit Forum supported the view of continuing robust demand. Some sources from the forum estimated Chinese demand for the metal to grow between 5% and 10% in 2012.
James Wright

Germany - Aurubis says that the 'perceived' crisis differs from actual Eurozone busines... - 0 views

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    Aurubis AG, the Germany based refined copper and copper products manufacturer, said that actual business operations do not reflect the pronounced negative mood indicated by the International Monetary Fund's (IMF)growth forecast reduction for developed countries. Citing the Eurozone's 5.3% y-o-y rise in industrial production in August, as well as strong recent performances in Germany's electrical and automotive industry, Aurubis surmises that there is no sign of a slump in orders as implied by the negative market sentiment.
Colin Bennett

Standards Development for Category 8 Copper Cable for Data Centers - 0 views

  • The new international Standards for Category 8 copper cable and balanced cabling systems for 40 Gbit/s are currently being developed as Draft Standards IEC 46C/976/NP and ISO/IEC TR 11801-99-1.
Colin Bennett

Alstom unveils latest R&D - 0 views

  • Innovation is at the heart of Alstom Grid, with 4 per cent of sales invested in Research & Development, each year. Alstom’s experts collaborate closely with international standardisation organisations and work hand in hand with leading universities.
Colin Bennett

Energy efficient ABB transformers are ready to meet or exceed new EU ecodesign requirem... - 0 views

  • ABB, the leading power and automation technology group, is well prepared for the new ecodesign transformer regulations that came into force within the EU`s internal market in June 2014. All new transformers put into service in the EU must fulfil minimum energy efficiency requirements from July 1, 2015, giving the industry and market a period of grace of less than one year to adapt.Large amounts of power pass through transformers, which account for 30-40 percent of the losses in transmission and distribution systems. Even a marginal increase in transformer efficiency can significantly reduce CO2 emissions.The new EU ecodesign regulation covers small, medium and large power transformers used in electrical transmission and distribution networks, and for industrial applications. However, it does not apply to all transformer products; for example, single phase transformers are unaffected.The new legislation is intended to prevent high loss transformers from being installed in the EU, but the first phase (Tier 1) of efficiency requirements that come into play in July 2015 are only the start. By 2021, a Tier 2 standard will require transformer designs to be about 10 percent more energy efficient than Tier 1.
Colin Bennett

India has to hugely expand nuclear power along with its entire power system - 0 views

  • India has to hugely expand nuclear power along with its entire power system to bring electricity to 300 million people and move away from coal, according to a study by the International Energy Agency (IEA).
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