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Colin Bennett

EIA Annual Energy Outlook Report 2012 - 0 views

www.smartgridnews.com/...-Energy-Outlook-2012-4922.html

trends Copper energy outlook

shared by Colin Bennett on 29 Jun 12 - No Cached
  • The 252-page Annual Energy Outlook 2012, prepared by the U.S. Energy Information Administration, presents long-termprojections of energy supply, demand and prices through 2035, based on results from EIA’s National Energy Modeling System.
James Wright

Germany - Wieland sees current demand as weak, 2012 outlook linked to impact of Euro De... - 0 views

www.wieland.de/...pressemitteilung_10560.jsp

Germany Wieland copper tube strip rod bar 2012 demand outlook

shared by James Wright on 16 Mar 12 - No Cached
  • James Wright on 16 Mar 12
     
    Wieland-Werke AG, the German fabricator of brass mill products, reported sales of 475,000t, down by 0.4% y-o-y in financial year 2010/2011. Turnover increased by 24% y-o-y to reach €3,287M and profits also rose to €45M in 2010/2011 after a loss of €6M in the previous year. The rise in turnover was mainly attributed to rising metals prices, while the company said that the increase in profits was caused by a product mix composed of a larger amount of value-added products. Wieland noted strong demand in the first six months of the period, which was offset by the Euro debt-crisis as a driver of significantly weaker demand in Europe during the latter half of the fiscal year. In addition, the company saw a fall in demand in Asia from Spring 2011 and continued very low demand in North America. End-use consumer demand was weak and impacted the electronics and electrical engineering sectors as well as vehicle production. Mechanical engineering was considered to be a bright spot in fiscal year 2010/2011.
  • James Wright on 16 Mar 12
     
    Wieland-Werke AG, the German fabricator of brass mill products, stated that demand in 2012 began weakly. After January, orders rose only slightly, but demand from important markets in Asia and Europe declined, principally attributed to cautious buying as fears remained over the impact of the course of the euro debt crisis in 2012. In addition, the company is experiencing reduced demand from the electronics industry in Asia following the closure of several plants affected by the tsunami in Japan and flooding in Thailand. Wieland has also not seen any growth support from North America and is uncertain about the global outlook for demand in 2012 due to the unpredictability of the euro debt crisis.
James Wright

Germany - Aurubis' copper products demand outlook: Asian demand will recover after Summ... - 0 views

www.aurubis.com/...ort_First_6_months_2011_12.pdf

copper products Aurubis 2012 outlook forecast Europe US Asia North America

shared by James Wright on 16 May 12 - No Cached
  • James Wright on 16 May 12
     
    Aurubis AG, the Germany-headquartered refined copper cathode and copper products fabricator, reported a weak performance in sales of copper products in the first quarter of this year. In Q1, the outputs of wirerod; pre-rolled strip; continuous cast shapes; rolled products and speciality wire reached 179,000t, 41,000t, 47,000t and 60,000t, down by 17% y-o-y, down by 15% y-o-y, up by 2% y-o-y and up by 329% y-o-y, respectively. Generally, the seasonal upswing in Q2 was weaker than expected, however, there was a mixture of performances in the sectors within each market, as some wirerod market sectors ordered strongly but European semi-fabricators and customers of strip and speciality wire continued to order shrinking quantities at late notice.
  • James Wright on 17 May 12
     
    Aurubis reported a growth outlook for its copper products business unit. The company said that the performance of copper wirerod depends upon the progress of power grid expansion projects in Europe. The automotive sector is expected to continue to support growing wirerod sales for the next few months, however the enamelled wire industry is expected to remain weak attributed to poor demand in southern Europe. North American demand is anticipated to support growth in shipments of copper shapes as well as the company's market for flat copper products. In this regard, the US electronics and electrical industry, engine cooling and distribution segments are expected to continue improving. Stagnant European and Asian demand for flat copper products will partially undermine growth in North America. The company added that it does not anticipate the Asian copper products market to recover until the end of Summer 2012, at which time, demand in the US is expected to be good and demand from European-based operations will be recovering.
Colin Bennett

BP energy outlook to 2035 - Asia continues to grow - 0 views

www.bp.com/...energy-outlook.html

trends copper energy

shared by Colin Bennett on 17 Jan 14 - No Cached
  • The annual Energy Outlook reflects our best effort to describe the “most likely” trajectory of the world’s energy system.
xxx xxx

$6bn to be spent on Africa cable projects over two years - BMI-Tech - 0 views

www.engineeringnews.co.za/article.php

shared by xxx xxx on 23 Jul 08 - Cached
  • Companies would spend more than $6-billion on submarine and terrestrial fibre optic cable infrastructure projects in Africa over the next two years, as countries scramble to boost international connectivity, market analysis firm BMI-TechKnowledge (BMI-T) said on Wednesday. In its latest research report, entitled ‘Outlook for submarine and terrestrial fibre-optic cable developments in Africa', BMI-T said that the effective high-speed internet services required for critical business, government and consumer applications have remained either unavailable or very expensive in Africa. Governments' awareness of this situation, and the perceived commercial attractiveness of the opportunity to close this gap, has given rise to the current frenetic activity for construction of submarine fibre cables on the continent.
  • Investment in Africa's ICT infrastructure has improved significantly over the past decade. However, marked deficiencies persist in the backbone networks across the continent. "Although countries on the African west and southern coasts have access to fibre connectivity through the SAT-3 undersea cable, an estimated 80% of Africa's international voice and data traffic is carried via satellite," said Chanakira
  • xxx xxx on 23 Jul 08
     
    Companies would spend more than $6-billion on submarine and terrestrial fibre optic cable infrastructure projects in Africa over the next two years, as countries scramble to boost international connectivity, market analysis firm BMI-TechKnowledge (BMI-T) said on Wednesday. In its latest research report, entitled 'Outlook for submarine and terrestrial fibre-optic cable developments in Africa', BMI-T said that the effective high-speed internet services required for critical business, government and consumer applications have remained either unavailable or very expensive in Africa. Governments' awareness of this situation, and the perceived commercial attractiveness of the opportunity to close this gap, has given rise to the current frenetic activity for construction of submarine fibre cables on the continent. Investment in Africa's ICT infrastructure has improved significantly over the past decade. However, marked deficiencies persist in the backbone networks across the continent. "Although countries on the African west and southern coasts have access to fibre connectivity through the SAT-3 undersea cable, an estimated 80% of Africa's international voice and data traffic is carried via satellite," said Chanakira.
Colin Bennett

Steel outlook becoming negative as growth and demand weaken - 0 views

www.mineweb.com/...page67

copper mining trends

shared by Colin Bennett on 29 Sep 08 - Cached
  • Colin Bennett on 29 Sep 08
     
    S&P says the credit outlook for Europe's mining and steel sectors is becoming negative, as demand weakens, and economic development in emerging markets slows.
Glycon Garcia

FT.com / Markets - Codelco wary on copper outlook - 0 views

www.ft.com/...17-11de-830b-00144feabdc0.html

shared by Glycon Garcia on 14 Apr 09 - Cached
  • Glycon Garcia on 14 Apr 09
     
    Codelco, the world's largest copper company, on Tuesday took a cautious view on the outlook for the red metal. It warned that it was unclear if US demand had bottomed out yet, said Europe was stagnant, and that the only bright spot was China.
Colin Bennett

Codelco wary on copper outlook - 0 views

www.ft.com/...54-11de-830b-00144feabdc0.html

trends copper codelco

shared by Colin Bennett on 01 Apr 09 - Cached
  • Colin Bennett on 01 Apr 09
     
    Codelco, the world's largest copper company, yesterday took a cautious view on the outlook for the red metal. It warned that it was unclear if US demand had bottomed out yet, said Europe was stagnant, and that the only bright spot was China.
James Wright

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

www.reuters.com/...-outlook-idUSTRE74S16X20110529

copper demand outlook China SHFE

shared by James Wright on 31 May 11 - No Cached
  • James Wright on 31 May 11
     
    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.
Matthew Wonnacott

General Cable reports weaker profit in Q4 2012 that may carry forward to Q1 2013 - 0 views

investor.generalcable.com/phoenix.zhtml

Copper cable wire US

shared by Matthew Wonnacott on 26 Feb 13 - No Cached
  • Matthew Wonnacott on 26 Feb 13
     
    Kentucky-based wire and cable manufacturer General Cable Corporation announced on 25th February an adjusted operating profit for the fourth quarter of 2012 of US$48.2M, down from US$ 75.4M in the third quarter. In an outlook for 2013 the company said they expect the first quarter of the year to be the weakest due to "specific factors in Europe and Mediterranean and ROW" although the company said it expects "sequentially better results in nearly all North American businesses." In 2013, the company expects a stronger performance from wire and cable used in the construction and utilities sectors in the US and the Rest of the World ex Europe. The company does not expect any improvement in its wirerod business in the US, but anticipates some pickup in wirerod sales in the Rest of the World ex Europe. The company highlighted in its report continuing weakness in Europe, but expects some improvement in 2013 with the outlook in France and the Mediterranean stabilising.
Colin Bennett

Strategic Insight into the Indian Rail Market - 1 views

www.frost.com/...display-report.do

trends copper India transport railroad

shared by Colin Bennett on 01 Aug 16 - No Cached
  • Colin Bennett on 01 Aug 16
     
    "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."
Piotr Ortonowski

China - Copper imports defy waning consumption, high stocks and negative arbitrage - 1 views

www.crugroup.com/...Metals

copper trends China

shared by Piotr Ortonowski on 12 Apr 12 - No Cached
  • Piotr Ortonowski on 12 Apr 12
     
    Despite the small drop in March copper imports, overall imports of copper to China remain at a high level. This may seem somewhat surprising in the light of the deeply unfavourable arbitrage, a deteriorating short-term consumption outlook and high inventory levels. CRU suggests that much of the material is imported by traders into bonded warehouses, who may be using copper as a financing mechanism to take advantage of arbitrage opportunities in other markets, such as in the RMB and interest rates. Bonded warehouses allow traders to easily re-export material out of China without incurring major costs, such as VAT. This allows them to take swift aversive action in case the outlook on Chinese consumption weakens further, while benefitting from the export-friendly arbitrage window. The slower growth in scrap imports is more reflective of the negative arbitrage and the temporary easing of the concentrates market following outages at PASAR's Leyte smelter and PPC's Saganoseki smelter.
Colin Bennett

European Power Cable Installation In Offshore Wind - 0 views

www.researchandmarkets.com/...power_cable_instal

trends Copper wind power cable

shared by Colin Bennett on 03 Jul 12 - No Cached
  • 1. Industry outlookThe report's baseline deployment forecast, shows Europe achieving between 26 - 27GW of installed capacity by 2020, of which around 23GW is new installations.Such deployment would:- Occur mainly in the UK and Germany.- Require around 3,500 turbines plus associated infrastructure.- Cost upwards of £75 billion (€86 billion) based on current industry practices.2. Power cable demandGrowth in resulting cable installations will be significant, with an estimated 6,000km of export cable, 2,000km of EU inter-connector cable and 6,500km of array cable installations by 2020.The report's findings show:- In terms of total cable installations, the report predicts that demand will more than double over the period to 2020, with growth of between 2.5 and 3.0 times that of 2011 occurring in both export and array installations.- A near-doubling of export and inter-connector installations by 2016. Thereafter, growth is limited as HVDC use increases and general industry growth slows.- A 250% rise in array cable installations from 350km in 2011 to 900km by 2020.3. Export cable supply vs. demandThe authors estimate that annual export cable installation supply currently stands at around 600 - 650km (vs. 500km 2011 demand). Identified capacity additions are limited. Our analysis shows that export cable installation capacity needs to increase by around 75% within 2 - 3 years if demand is to be met.
Colin Bennett

The Global Economy in 2014, by Christine Lagarde, Managing Director, International Mone... - 0 views

www.imf.org/...011514.htm

trends copper economy

shared by Colin Bennett on 16 Jan 14 - No Cached
  • In just a few days, we will be releasing our updated forecasts. While our numbers are still being finalized, I will talk about the main trends as we see them.
  • Colin Bennett on 16 Jan 14
     
    * Momentum strengthened in the latter half of 2013, and should strengthen further in 2014-largely due to improvements in the advanced economies. * Yet, global growth is still stuck in low gear. It remains below its potential, which we think is somewhere around 4 percent. * Even for the advanced economies, however, the outlook is still subject to significant risks. With inflation running below many central banks' targets, we see rising risks of deflation, which could prove disastrous for the recovery. * During the years of crisis, we have relied on the emerging markets to keep the global economy afloat. Together with the developing countries, they accounted for three-quarters of global growth over the past half decade. However, a growing number of emerging markets are slowing down as the economic cycle turns.
Colin Bennett

Update on World Economic Outlook - 0 views

www.imf.org/...02

trends copper economy

shared by Colin Bennett on 10 Jul 13 - No Cached
  • Global growth is projected to remain subdued at slightly above 3 percent in 2013, the same as in 2012. This is less than forecast in the April 2013 World Economic Outlook (WEO), driven to a large extent by appreciably weaker domestic demand and slower growth in several key emerging market economies, as well as a more protracted recession in the euro area.
Colin Bennett

Update on World Economic Outlook - Video - 0 views

www.imf.org/...view.aspx

trends copper economy

shared by Colin Bennett on 10 Jul 13 - No Cached
  • Update on World Economic Outlook
Colin Bennett

Nexans announces its new governance structure and the acceleration of strategic actions - 0 views

www.yourcableandwirenews.com/+way+for+the+future_35127.html

trends copper Nexans

shared by Colin Bennett on 02 Oct 14 - No Cached
  • While the long-term outlook is positive thanks to a number of powerful trends in today's society, including urbanization in developing countries, growing requirements for interconnection and the development of electrical infrastructure, and the global expansion of renewable energies, the short‑term outlook is more problematic.We expect growth to remain lackluster in Europe (apart from for certain niche products), and the recovery in the U.S. markets is likely to stay muted. Two thirds of the forecast growth in our markets for the next two to three years will come from emerging countries.The Group’s exposure to Europe and the USA of almost 60% and the persistent slowdown in South America and the Asia-Pacific region (Australia), have weighed on the Group’s performance over the last 18 months, and this trend is set to continue during the rest of 2014. In view of this situation, Nexans now forecasts sales to decrease by around 4% on an organic basis in the third quarter of 2014, and growth to be flat for the year as a whole.
Colin Bennett

General Cable Updates Third Quarter and Full Year Outlook - 0 views

www.yourcableandwirenews.com/d+full+year+outlook_34998.html

trends copper General Cable

shared by Colin Bennett on 25 Sep 14 - No Cached
  • Relative to the Company’s previously communicated outlook for the third quarter, global unit demand has lagged expectations particularly in Latin America, Thailand and Spain. End market demand throughout Latin America continues to be hampered by inconsistent construction spending and electrical infrastructure investment. In Thailand, demand for the Company’s products has not yet been significantly impacted by the actions taken by the new government aimed at improving domestic economic activity. Additionally, the Spanish market remains difficult due to the ongoing challenges faced in that economy.
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