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James Wright

USA - SDI-La Farga's new 82,000t/y copper wirerod plant will use No. 2 Birch Cliff scrap - 0 views

articles.chicagotribune.com/...20120502_1_rod-mill-copper-sdi

copper products US wirerod capacity plans SDI La Farga 2012 scrap

shared by James Wright on 13 Jun 12 - No Cached
  • James Wright on 13 Jun 12
     
    SDI-La Farga's joint venture wirerod project, which will have the capacity to produce 82,000t/y of copper wirerod once made fully operational after its scheduled Q2 2012 start-up, will use No. 2 Birch Cliff scrap as its primary feedstock. No. 2 Birch Cliff is a mix of wire and tubing with 96% copper content. This scrap material is popular amongst China copper consumers, fuelling speculation that the new US operation will lead to a narrowing of US scrap discounts and questioning whether it can compete in a market with a lower cathode-scrap margin.
James Wright

US - SDI LaFarga JV breaks ground for new copper wirerod facility, expected to start op... - 0 views

www.amm.com/...n-track-for-2012-start-up.html

copper wirerod US

shared by James Wright on 17 Jun 11 - No Cached
  • James Wright on 17 Jun 11
     
    It was reported that Steel Dynamics Inc., the US based semis fabricator, has begun construction of its new US$39M copper wirerod manufacturing facility in Indiana, US. The company expects the plant, which marks its entry into the copper wirerod market, to have a production capacity of 180Mlbs/y and to commence operations in Q2 2012. The facility is owned by SDI LaFarga LLC, a JV between Steel Dynamics and LaFarga Group who hold stocks of 55% and 45% respectively. Indiana is a notable location within the US wirerod market as it is home to consumers, Rea Magnet Wire Co. Inc. and CerroWire LLC.
Piotr Ortonowski

US - SDI copper rod facility faces delay amid community opposition - 0 views

www.steeldynamics.com/...news-releases

Copper

shared by Piotr Ortonowski on 05 Sep 11 - No Cached
  • Piotr Ortonowski on 05 Sep 11
     
    Steel Dynamics Inc. (SDI) is facing community opposition to a planned copper rod facility in New Haven, Ind., that could delay the start of full construction at the greenfield site. The Indiana Department of Environmental Management's Office of Air Quality will hold a public meeting on 15th September about the plant, a joint venture with La Farga Group, after receiving almost 80 public comments from residents with environmental concerns.
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.
Piotr Ortonowski

US - OmniSource acquires copper scrap in preparation for the commissioning of copper ro... - 0 views

www.metalbulletin.com/...-said-buying-copper-scrap.html

copper trends rod us

shared by Piotr Ortonowski on 06 Mar 12 - No Cached
  • Piotr Ortonowski on 06 Mar 12
     
    It was reported that OmniSource Corp., a subsidiary of Steel Dynamics Inc., began purchasing No. 2 copper scrap ahead of the commissioning of the SDI LaFarga copper rod project in New Haven, Indiana in Q2. The facility is currently undergoing quality testing. By the end of 2012, the it is expected that the plant will be operating at 70% of its 82,000t/y capacity.
James Wright

Steel Dynamics and LaFarga Group announce plans for new copper semi operation - 0 views

www.prnewswire.com/...illion-facility-119915709.html

copper U.S.A. wirerod

shared by James Wright on 15 Apr 11 - No Cached
  • James Wright on 15 Apr 11
     
    Steel Dynamics and LaFarga Group, the U.S. carbon steel producer and the copper semis manufacturer respectively, have announced a joint venture that will operate under the name, SDI LaFarga. The new company will produce copper wirerod by processing copper scrap as its primary raw material. Plans also include a $39M facility that the parent companies anticipate to be located in Allen County, Indiana.
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