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Matthew Wonnacott

CBSA reports declines in September brass mills shipments - 0 views

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    The US-based Copper and Brass Servicenter Association, a trade group representing primarily North American brass mills, reported that shipments of brass mills products amounted to 19.68Mlb (8,927t) in September, a decline of 14.9% from August and an annual decline of 8.1%. Shipments of copper sheet fell by 21.7% m-o-m or 961,000lb to 3.45Mlb (436t to 1,565t) and copper rod declined by 14.4% m-o-m or 807,000lb to 4.77Mlb (366t to 2,164t). Shipments of brass sheet and alloy tube also registered declines in September compared to the previous month, 6.9% m-o-m and 37.4% m-o-m respectively. The survey reported that half of participants expected orders to fall in the coming quarter compared to the previous quarter. When asked about lead times, half of the suppliers surveyed reported that their lead times had shortened in September compared to the previous three months.
Matthew Wonnacott

US service centers see a softening of orders in March - 0 views

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    According to data from the Copper and Brass Servicenter Association(CBSA), total shipments from US brass and copper mills slipped 1.1% y-o-y in 2012, to 261.5Mlb (118,600t). Data from November had indicated that year-to-date shipments were roughly unchanged from 2011, however, a 16.9% m-o-m drop in shipments in December tipped total shipments into contraction territory for the year. In general, copper semis shipments were stronger than alloy shipments, with copper rod shipments up 8.3% in 2012, to 64.4Mlb (29,200t). Total alloy shipments fell 5.4% in 2012, to 139.6Mlb (63,300t), with 300-series alloy RBS shipments declining by the largest amount in the year, falling 11.9% to 61.3Mlb (27,800t).
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    According to Aurubis Buffalo's vice president of marketing and sales, demand for brass mill products in the US has been strong so far in 2013. The company has seen a strong pickup in demand from sectors including ammunition, electronics, heating and HVAC so far this year. The executive said that lead times at service centers were longer than eight weeks in January for flat-rolled products and that the company is considering hiring more workers at its Buffalo operation to meet the demand.
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    The demand for copper flat-rolled products softened coming into March after a strong start to the year, according to sources at some US service centers. Lead times for some copper products, which were quoted as long as eight weeks back in January, may have shorted to six weeks or less in March according to an American Metal Market report. A drop in demand for appliances and connectors market was noted by some sources contacted by AMM, but sales of ammunition, a key end-use of flat-rolled brass, have remained buoyant since the start of the year.
Colin Bennett

Strategic Insight into the Indian Rail Market - 1 views

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    "This market insight provides an outlook of the growth opportunities for the rail industry in India. Ambitious government plans coupled with unprecedented levels of foreign investment are leading to a complete overhaul of the rail environment in India. Over 39 cities are planning to invest in expansive urban rail networks to address severe traffic congestion problems. High-speed rail and dedicated freight corridors are planned to separate passenger and freight traffic to increase operating efficiency."
Colin Bennett

An Ill Wind Blows On China's Turbine Business - 0 views

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    The SERC (State Electricity Regulatory Commission) has released stricter technical regulations, especially for LVRT (Low Voltage Ride Through) reformation. Additionally, 18 industry standards have been released in November 2011 by the National Bureau of Energy. There are two immediate effects of the regulatory changes. Adding a LVRT capability will increase the cost of the Chinese turbines. This, coupled with slower demand, will lead to a squeezing out of the marginal producers who won't be able to afford to fit new equipment. Thus, the domestic wind power manufacturing sector in China is poised for tough times, when consolidation may even change the positioning of the top five players.
Colin Bennett

China is expected to take the lead in research and development spending around 2022 - 0 views

  • Global research and development (R and D) spending is forecast to grow by 3.8 percent—or $60.0 billion—to $1.6 trillion in 2014, according to the closely watched annual forecast by Battelle and R and D Magazine. After a flat year of R and D spending in 2013, the U.S. is projected to show modest growth while China is expected to continue its two-decade upward trajectory in R and D investment.
Colin Bennett

China's production of major nonferrous metals extends - 0 views

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    China's production of major nonferrous metals including copper, aluminum and lead has continued to be on the high rise this year. According to data from the China Nonferrous Metal Association
Colin Bennett

Soft approach leads to revolutionary energy storage - 0 views

  • Monash University researchers have brought next generation energy storage closer with an engineering first - a graphene-based device that is compact, yet lasts as long as a conventional battery. 
Colin Bennett

China Continuing to Lead the Global Switchgear Market by 2020 - 0 views

  • Holding the largest share in the world, the Chinese switchgear market is expected to increase at a Compound Annual Growth Rate (CAGR) of 10.8% between 2013 and 2020, reaching a share of 19.2% by 2020, forecasts research and consulting firm GlobalData.
Colin Bennett

Europacable General Assembly approves leadership handover - 0 views

  • The 2014 Europacable General Assembly on 24 June saw changes in leadership Mr. Valerio Battista, CEO of Prysmian Group, was elected new Europacable President to succeed Mr. Frédéric Vincent, Chairman and CEO of Nexans; Mr. Pascal Portevin, Senior Corporate Executive VP of Nexans, was elected new Chairman of the Europacable Executive Board following Mr. Fabio Romeo, Chief Strategy Officer of Prysmian Group, who has lead the Executive Board since its foundation.
Colin Bennett

Americans face six-fold hike in exposure to extreme heat by 2070 - 0 views

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    ""Our results indicate that areas of eastern Texas, Florida, the south-east and mid-Atlantic are areas where rapid population growth, acting in concert with a warming climate, will lead to a significant increase in exposure to heat extremes," says Jones."
Colin Bennett

Scrap metal for guns - 0 views

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    "MANY of Jamaica's law enforcers are not aware of it yet, but thieves have been stepping up their game of stealing cables from leading telecommunications firms, then swapping them for guns, an investigation by the Jamaica Observer has uncovered."
Colin Bennett

When it comes to conflict mining regulation, should one size fit all? - 2 views

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    "Conflict mining remains an important issue, and one we are beginning to see governments step in to address in different ways. With the global economy as interconnected as ever, it's important to note that many of the products and technologies we use in our daily lives begin at the same source: mines. With leading companies across industries such as electronics, retail and jewelry, auto manufacturing, lighting aerospace, construction, and other industries relying on these commonly used 3TG metals - tin, tungsten, tantalum and gold - implementing effective regulation is essential in order to further advance support to eliminate or reduce human rights violation."
Colin Bennett

Report Says China Leading Power Transmission Line Additions to 2020 - 0 views

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    "This latest research states that of the top 10 countries forecast to have the highest transmission line additions between 2014 and 2020, China will account for the largest share, with 48%. India and Brazil will follow, with 21.6% and 4.9% shares, respectively."
Colin Bennett

Lack of technical talent to help drive substitution - 0 views

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    "The retirement of experienced copper industry executives and the lack of trained technical replacements is helping to drive substitution and is likely to lead to more mergers and acquisitions as the industry adapts, senior industry executives said. A group of panelists at Metal Bulletin-American Metal Market's copper seminar in New York this week said that the copper sector needed to be far more proactive in attracting new talent and ensuring the gap in the professional supply chain is filled. "One thing that is driving substitution is the retirement of engineers that were very tied into the thought that copper wiring was the only alternative and that aluminium was unsafe," said Stu Thorn, CEO of Southwire. Thorn said the idea that aluminium was unsafe "almost became a psychological obsession" despite the development of new technologies to make it safe. "Now that generation of engineers is retiring, the new generation coming up doesn't necessarily have that same level of bias [towards copper], but what they do have is the drive to make more money, to reduce costs, and find cheaper alternatives," he told the seminar. "There is a shift..."
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