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James Wright

China - Secondary copper wirerod producers to face new standard - 2 views

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    It was reported that a new criterion for the legislative standard which affects copper wirerod fabricators has been approved by a committee of experts and has been submitted to the Ministry of Industry and Information Technology of China for consideration. Industry sources have stated that there is an emphasis on driving domestic innovation to lift the quality and utilisation rates of continuous casting and rolling mill technology, which is currently lagging behind higher performance, expensive foreign equipment. Approximately one third of copper scrap is used in the direct manufacture of copper and copper alloy wirerod and semis. However, it is thought that none of the 80 or so secondary copper rod manufacturers will meet the criteria outlined in the proposal.
Piotr Ortonowski

China - imports and exports of copper semis slow in first three quarters y-o-y - 1 views

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    Data released by the China Nonferrous Metals Industry Association (CNIA) indicates that in the first three quarters of this year China's production of copper semis reached 7.57Mt and apparent consumption reached 7.79Mt. This denotes a growth rate of 4.4% and 3.0% respectively.
Colin Bennett

Prysmian Group top in speciality cable survey - 1 views

  • "The Asian market has shown rapid growth, reaching US$1.8 billion in 2010," says Integer Research Director, Philip Radbourne. "Prysmian, Nexans, Leoni and General Cable dominate the market for specialty industrial cables. General Cable dominates North American, whilst Prysmian, Nexans and Leoni have expanded their operations from Western Europe into Asia." There are also a number of other producers of specialty cable, from Lapp, LS Cable, Fujikura, Furukawa Electric, through to TMC, Hien Electric, and Habia Cable. These companies have built market share in their niche products area on a regional basis. The same is true of leading Chinese shipboard cable maker Yuanyang (Yangzhou Marine Cable) "North America and Western Europe have shown the highest growth rates in the renewables markets - wind turbines and solar farms. However, Asia has been showing impressive growth in a range of end-use sectors. This certainly may explain Nexans and Prysmian's strategy of moving into the Middle East and Asia," says Sebastien Chu Ti, analyst at Integer Research.
Colin Bennett

Global output picture worsens - 0 views

  • Conditions in the rest of the world were much bleaker. Indeed, production outside the US fell at the steepest pace for more than two-and-a-half years. Chinese manufacturing activity contracted for the first time in almost three years in November. In the eurozone, the purchasing managers’ indices confirmed that manufacturing activity in the region contracted for a fourth consecutive month. The fastest rates of contraction were in Greece, Spain and Italy.
Piotr Ortonowski

China - Chairmen of China's two largest copper producers anticipate 6-9% growth in copp... - 0 views

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    Li Yihuang, the chairman of Jiangxi copper, China's largest copper producer, predicts that Chinese copper demand will reach 7% in 2012. In comparison, the chairman of China's second largest copper producer, Wei Jianghong of Tongling Nonferrous Metals Group, anticipates a similar growth rate of 6% in the same period. Both executives looked towards China's power infrastructure investments as the main source of investment, however, they view the cut back in China's GDP growth target to 7.5%, as well as the stagnant construction sector and slowing automotive and home appliances sectors as deterrents to stronger growth.
James Wright

China - CNFA considers tighter standards for new copper semi-fabrication projects - 0 views

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    The China Non-ferrous Metals Fabrication Industrial Association (CNFA) announced that it is considering legislative changes that could see more stringent standards for introducing new copper processing facilities in China. The association warned that there could be a copper products surplus in 2015 following the start-up of new projects, adding that processing capacity should not exceed production by more than 15%. CNFA figures indicate that China produced 10.28Mt of copper products in 2011, up by 18% y-o-y. Processing capacity and utilisation rates were estimated at 12Mt/y and 90% at the end of 2011.
Colin Bennett

China: Crouching trader, slowing dragon - 0 views

  • Although the rate of growth is still far higher than that in many countries, commentators expressed concern that the slowdown could herald a hard landing.
Colin Bennett

China's 5-Year Plan targets robotics as a growth industry - 0 views

  • ina’s 12th 5-Year Plan targeted robotics as a growth industry necessary for China’s development. It expects a compound growth rate of 25%, said Wang Weiming, deputy director of the Ministry of Industry and Information Technology. The ministry has set up incentives and 5 geographical areas for Chinese companies to develop (and improve the quality of) their robot products and capabilities. The ambitious plan includes a goal of 30% to be produced with homegrown technologies, Wang said.
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

Superconductivity and the environment: a Roadmap - 0 views

  • Energy. The Equinox Summit held in Waterloo Canada 2011 (2011 Equinox Summit: Energy 2030 http://wgsi.org/publications-resources) identified electricity use as humanity's largest contributor to greenhouse gas emissions. Our appetite for electricity is growing faster than for any other form of energy. The communiqué from the summit said 'Transforming the ways we generate, distribute and store electricity is among the most pressing challenges facing society today.... If we want to stabilize CO2 levels in our atmosphere at 550 parts per million, all of that growth needs to be met by non-carbon forms of energy' (2011 Equinox Summit: Energy 2030 http://wgsi.org/publications-resources). Superconducting technologies can provide the energy efficiencies to achieve, in the European Union alone, 33–65% of the required reduction in greenhouse gas emissions according to the Kyoto Protocol (Hartikainen et al 2003 Supercond. Sci. Technol.16 963). New technologies would include superconducting energy storage systems to effectively store power generation from renewable sources as well as high-temperature superconducting systems used in generators, transformers and synchronous motors in power stations and heavy-industry facilities. However, to be effective, these systems must be superior to conventional systems and, in reality, market penetration will occur as existing electrical machinery is written off. At current write-off rates, to achieve a 50% transfer to superconducting systems will take 20 years (Hartikainen et al 2003 Supercond. Sci. Technol.16 963).
Colin Bennett

The Networked Lighting Controls Market Grows - 0 views

  • The market for lighting controls in commercial buildings has entered a period of dramatic transformation, as the demand for both local controls, such as occupancy sensors and photosensors, and networked controls, rises and the adoption rate of light-emitting diode (LED) lighting systems begins to climb as well. 
Colin Bennett

Southern Copper optimistic on growing copper demand - 0 views

  • He said that during Q2, global copper demand was up 4.8% QoQ thanks to demand from emerging economies led by China and a recovery in physical consumption in the US and Europe. During the Q2 of this year, US and European demand for fine copper increased by 22% and 4% respectively when compared to the Q1 of this year. These are very positive developments that support our conviction of higher physical demand from now on. In addition, copper production has not grown at the same rate as demand which will further support prices for the red metal. He added that a clear sign of this is the consistent reduction of the combined copper inventories of the London Metal Exchange, COMEX and Shanghai warehouses. At their latest peak in February this year combined inventories were 815,000t." According to Chilean state copper commission Cochilco's weekly report, global stocks stood at 609,478 tonnes.
Susanna Keung

North America Copper and Brass Shipment Increased in July - 0 views

shared by Susanna Keung on 03 Sep 08 - Cached
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    Copper and Brass Servicenter Association (CBSA) reported shipments increased by 1.5% month-on-month in July. The association said the increase was a surprise as July shipments historically follow the trend of the previous month. In July, copper and copper alloy shipments decreased by 2.8% year-on-year while average daily shipping rate went down by 7.2%. Total warehouse inventories dropped by 2.8%. The association also said that it is getting more difficult to search for 'positive economic news' as the months go by.
William Pratt

Chinese Copper Producers' Shrinking Margins - 0 views

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    H1 reports from China's metal companies have revealed difficult operating conditions as rising energy prices, investment in environmental protection and an increase in resource tax have squeezed margins. Shares in the metal index fell 58.6% in the first half of the year, underperforming the SSE Composite Index which saw a 48% decrease. Copper companies fared better than most as the copper price remained at historically high levels and prices of sulphuric acid - a byproduct of the copper treatment process - soared. Jiangxi Copper, China's biggest producer, reported strong results with a 55% surge in revenues year-on-year. Net profit grew at the slower rate of 32.8%, reducing the company's profit margin to 10.4%, from 12.1% in the first half of 2007. The company has a slightly bearish outlook for the rest of this year, as the continued slowdown in the global economy takes its toll on copper demand and the appreciation of the dollar puts downward pressure on copper prices. However, it suspects copper supply will remain tight, which should support prices on the downside. Yunnan Copper Company struggled in the first half as revenue fell 18.9% and net profit plunged 29.5% y-o-y. The companies profit margin was cut to 3.8%, from 4.4% in the first half of 2007. A 45-day machine overhaul was blamed for the poor sales figures as output remained flat, whilst high energy prices pushed up production costs. Tongling Nonferrous Metals saw similar problems to Yunnan as rising raw material prices and fluctuations in the copper price cut the gross margin in the firm's copper unit to just 0.59%. Company-wide results were improved greatly by the strong performance of sulphuric acid, where gross margin increased to 71.6%, bringing Tongling's profit margin to 2.9%, up from 2.0% in H1 2007.
Hans De Keulenaer

Cable assemblies for SAS storage systems - Electronic Products - 0 views

  • From parallel to serial Moving from parallel SCSI technology to serial attach SCSI (SAS) technology has changed cabling schemes dramatically. The older parallel SCSI ran either single-ended or differential at rates up to 320 Mbits/s over 16 lanes. The latest SAS differential cable assemblies need to handle up to 6 Gbits/s on a single differential pair. The newest MiniSAS connector documented in the SAS-2 specification is even smaller for greater density. The latest mini-SAS connectors are half the size of the original SCSI connectors and 70% of the size of SAS connectors. Both SAS and Mini SAS have four lanes, compared to the original SCSI parallel cables. But along with higher speed, greater density, and flexibility comes greater complexity for the cable assemblies. With smaller connectors, the raw cable manufacturers, cable assembler, and the system designer must pay closer attention to the signal integrity parameters of the entire cable assembly.
Glycon Garcia

BBC NEWS | Business | Brazil economy sees growth surge - 0 views

  • Brazil's economy grew at an annual rate of 5.8% in the first quarter of the year, boosted by a construction boom and high world food prices.
Hans De Keulenaer

Strategies for reducing the carbon footprint of copper : New technologies, more recycli... - 0 views

  • Existing approaches to reducing environmental impacts along the metal production and consumption chain are focused largely at the plant scale for primary production, rather than considering the whole metal cycle. As such, many opportunities for systemic improvements are overlooked. This paper develops an approach to designing preferred futures for entire metal cycles that deliver reduced carbon footprints. Dynamic material flow models in Visual Basic® are used to provide life-cycle-impact-assessment indicators, which help identify key intervention points along the metal cycle. This analysis also identifies which actors or agents along the value chain are responsible for, or can influence, behaviour which affects environmental performance. With this information, it is possible to evaluate different scenarios for transition paths to achieve reduced impact. These scenarios consider combinations of new technology, increased metal recycling and demand management strategies. A case study for the copper cycle in the USA shows that to meet a CO2 reduction target of 60% by 2050, innovative technologies for primary processing of mined ore will play a limited role, due to their increasing impacts in the future associated with mining ever lower ore grades. To compensate for this whilst meeting demand projections, recycling of old scrap would be required to increase from 18% to 80%, requiring extensive collaboration between primary and secondary producers. An alternate scenario which focuses on demand reduction for copper by 1% per year, meets the CO2 target whilst only requiring an increase in the recycling rate from 18% to 36%. Together, these suggest that there is merit in examining the 'metal-in-use' stage of the metal value chain more closely in order to achieve targeted reductions in CO2. The approach also highlights the inherent trade-offs between different aspects of environmental performance which are required when pursuing CO2 reduction targets.
Jon Barnes

China's Appetite for Copper is Undiminshed - 0 views

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    Chinese copper and copper alloy semis production has continued to surge in the first quarter of 2008 according to the Chinese National Bureau of Statistics. Production expanded by 24.6% year-on-year to 1.787 million tonnes compared to 1.432 million tonnes in the same period of 2007. Production in March totalled 643,000 tonnes a 15.9% rise from the 555,000 tonnes of copper semis manufactured in the same month of 2007. Total production last year was 6.626 million tonnes. The latest numbers demonstrate China's growing appetite for both refined and scrap copper even at extremely high price levels. However, recent reports suggest that the rate of growth will moderate in April.
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    Copper semis production still growing strongly up 25% yoy in Q1 2008
Susanna Keung

Nexans releases H2 2008 Results - 0 views

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    Cable maker Nexans announced its H1 2008 financial statements on 24th July. The company reported H1 sales dropped by 6.28% year-on-year to €3,554M (US$5,572M) as a result of deliberate reduction of the external sales in the electrical wires business. Operating margin was €220M (US$345M), which is an increase of 18% from same period last year. H1 net income was €119M (US$187M), which was comparatively more stable than the other sectors due to less exposure to tax rate change. Nexans believes that the increased uncertainty in the economic environment had not affected its profitability as operating margin increased to its target amount. It also announced that it has abandoned the plan to sale its automotive cable harnesses business.
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