Group items tagged

"Railway applications - Fixed installations - Stationary energy storage system for DC traction systems"

"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."

According to Antaike, a metals research group, China's growth in refined copper consumption is set to slow in the coming year. The group forecasts consumption growth of 6.4% in 2012, compared to expected growth of 8.5% this year and 11.5% growth in 2010. This slowdown in consumption is likely to put downward pressure on copper prices, which have recently fallen to the lowest levels this year on eurozone and US debt concerns. Tight credit as well as struggling automotive sales, fewer new-home start-ups and declining railroad investment were quoted as key contributors to slowing refined copper demand.

"Much of that investment will be geared toward transportation projects like the Nigerian railway, as developing countries seek to put in place the capacity needed to keep up with increased flows of people and goods brought by economic growth."