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Colin Bennett

Rusal confirms Asia focus - 0 views

  • “While the USA, China and the rest of Asia are expected to drive aluminium demand in 2013, our view on the European consumption of aluminium remains negative for 2013,” Rusal said.
Matthew Wonnacott

General Cable completes move for Prestolite Wire - 1 views

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    General Cable Corporation announced on 5th November that it had completed its acquisition of Prestolite Wire LLC, the wire & cable and wiring harnesses producer. Prestolite Wire, which reported revenues of US$170M in 2011, has two production sites based in the USA and Mexico and manufactures predominately for the transport sector. Commenting on the acquisition, General Cable said that the Prestolite Wire is "highly complementary to our existing transportation related businesses as approximately 90% of Prestolite's revenues are generated from products that are incremental to the Company's existing product portfolio."
Colin Bennett

Waste Heat Recovery Systems in Vehicles - 0 views

  • In recent years, there's been a surge of energy harvesting applications in the automotive sector, with a host of technologies utilized, each characterized by different achievable levels of power. Waste heat recovery systems have attracted a lot of attention with several car manufacturers working on developing their own harvesting systems. Some of them are described below.
James Wright

USA - International Wire Group acquires plants in southwestern US and Eastern Europe - 0 views

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    New York headquartered, International Wire Group Holdings Inc. reported that it acquired two production facilities. The company purchased the machinery and equipment of Ffhoenix Cuivre LLC in Santa Teresa, New Mexico and assumed the related building lease, adding to its existing manufacturing capacity in the southwestern United States. In addition, the company has started manufacturing at its new plant in Dabrowa Gornicza, Poland, which it anticipates will serve its growing Eastern European customer base. The initial investment for the two expansions amounts to approximately $14.5 million.
Colin Bennett

The rise and rise of aluminium premiums - 0 views

  • Prices fell $200 in March, near the same again over April and May and fell below the psychological $2,000 mark in early June to a low around $1,850 per tonne – well below the cost of production for most manufacturers. Already there have been a number of factory shutdowns. But premiums have been rising all year. Tight physical supply has been made tighter by the recent shutdowns, and uncertainty over downstream sales means that physical buying is being done on a hand-to-mouth basis, resulting in occasional buying flurries that push premiums higher still. Premiums in Europe, the USA and Asia are all at record highs, and the consensus view is that they will go higher still.
Colin Bennett

Four Key Trends Driving the Future of Patents - 0 views

  • Clearly their efforts have been paying off as total patent filings in China have mushroomed from 51,906 in 2000 to 391,177 in 2010. During that same time, U.S. patent filings have grown from 295,895 in 2000 to 490,226 in 2010.
James Wright

Germany - Aurubis arranges restructure of its flat rolled copper products division - 0 views

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    Aurubis has announced that it will reduce its production capacity of flat rolled copper products by 35,000t in a restructuring process that will take place beginning from H2 2013. The group intends to transfer some of its rolling operations from Finspång, Sweden to Zutphen in the Netherlands and is also considering moving other types of production currently located at the Finspång factory to its facility in Buffalo, USA. Aurubis attributed the consolidation to structural overcapacity in the flat rolled products market and made specific mention to declining demand in the engine cooling segment.
James Wright

USA - Copper and Brass Servicenter shipments down m-o-m & y-o-y in April, flat orders l... - 0 views

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    According to a survey conducted by the Copper & Brass Servicenter Association, a US-based trade group, US servicenter shipments of copper and brass products amounted to 22.7Mlbs (10,297t) in April, down by 7.0% m-o-m and down by 0.9% y-o-y. The m-o-m decline was largely attributed to weaker demand for 300-series brass rod and bar, as shipments declined by 9.9%, reaching 5.2Mlbs. Servicenters enjoyed a good Q1 as shipment levels rose to reach 72.7Mlbs (32,736t), up by 4.2% y-o-y, with the peak of the quarter occurring in March, just as it did in 2011. Over 50% of servicecenters surveyed believed that incoming orders will stay at the same level in June-August 2012 as they were in March-May 2012.
James Wright

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

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    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

Sweden - Aurubis commences the closure of Finspång - 0 views

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    Aurubis issued redundancy notices to 177 employees and began relocating rolling equipment to its facilities in Zutphen, Netherlands and Buffalo, USA. Aurubis took ownership of the facility from Luvata in September 2011 when it acquired Luvata's rolled products division. However, structural overcapacity due to longterm declining demand in the European copper strip for engine cooling segment led to the operation generating losses in the past few years. In an earlier announcement on Aurubis' website, the company said that production at Finspång would be gradually reduced from mid-2013 with the company expecting to finalise the closure in late 2013.
runengine02 RUN

AGM-engine: Gas Engine, Airplane Engines, Hobby Engines, RC Airplane - 0 views

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    AGM engine professional gas engine and airplane engines products, wholesale and retail AGM gas engine and RC hobby engines from China to USA market. Check out and enjoy AGM-30 gasoline engine accessories fast same day shipping at excellent quality and reasonable price.
Colin Bennett

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

  • 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

Open-pit mining more economical than underground mines - 0 views

  • Open-pit mining – as used at Kennecott Utah Copper's Bingham Canyon mine – is more economical than underground mining, as well as lower risk, a Rio Tinto executive told the Copper College meeting in Tucson, Arizona, USA.
Colin Bennett

Rio Tinto Q2 copper output rises 28% - 0 views

  • Rio Tinto has raised its copper output production outlook for 2014 to 585,000 tonnes on higher grades and recoveries at Kennecott Utah Copper, USA, and ramp-up at Mongolia’s Oyu Tolgoi mine.
Colin Bennett

USA and China stimulus spending on water and transport - 0 views

  • Water and wastewater utilities won’t be getting any more free money, however – the new package has been directed largely at transport projects. Instead, those wanting to finance water projects will have to wait for details of the new National Infrastructure Bank that the president is backing. The American Water Works Association put out a press release to express its concern that water projects might not be eligible for finance from the new bank. * China’s economic stimulus has brought about some interesting unintended consequences. Until the stimulus was announced in 2009, municipalities relied on project finance companies known as Chengtous to raise capital for projects. These bodies have raised RMB 7.66 trillion ($1.12 trillion), but they are now discovering the municipalities don’t need the funds because they can get the money via central government grants. 23% of the capital they have raised is now regarded as “high risk”. This is going to have significant implications for the future of project finance in China.
William Pratt

Olin Brass to raise prices - 0 views

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    Olin Brass, a division of Global Brass & Copper LLC since Global's $400 million purchase of Olin Corp. in November, is looking to increase product prices in response to rapidly increasing costs and softening demand from end-user markets. The price rises are one aspect of a wider re-organisation by Global in an attempt to offset rising raw material and energy costs. According to the company these initiatives have led to productivity gains of over 10 percent, freeing up significant working capital. However Global comments, "our input costs keep going up at such a rate we simply can't be profitable despite cost savings that we've put in place. We need to receive more for our product." Olin is also being hit by depressed end-user markets. As the slowdown in residential construction activities following the sub-prime mortgage crisis continues, demand in the fabrication sector remains low. The US Department of Commerce reported a 3.3% drop in housing starts in May, with building permits for future construction declining to an annual rate of 969,000. Despite the somewhat bleak outlook the falling dollar against a basket of foreign currencies has lead some copper and brass business that was moved offshore to return to the U.S. lately. "It's not a torrent of products coming back, but whereas in 2001 through 2003 we saw an exodus of business from here to China, this has slowed if not balanced out with some things coming back" according to Olin Brass. Olin brass is a manufacturer and distributor of copper and copper-alloy sheet, strip, plate, foil, and fabricated components in headquartered in Illinois, USA.
William Pratt

Luvata on course to open Mexico plant in September - 0 views

shared by William Pratt on 29 Jul 08 - Cached
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    Luvata Oy, Espoo, Finland, formerly Outokumpu Copper Products Oy, has stated that its $40 million copper tube mill in Guadalupe, Mexico will begin production on schedule this September. 50% of the total plant capacity will be reached with one line during September with the second line coming on line by the end of quarter four. Once full production is reached, the plant is expected to add 50,000 tons a year to Luvata's copper tube capacity in N.America. Luvata is moving ahead with its plans for this facility despite a slowdown in the North American HVAC market. The company remains cautiously optimistic about the future, stating, "based on feedback from clients, the U.S. housing market will begin to turn around by the second half of 2009 or in 2010." Strong demand in China, where Luvata has also built plants, as well as from other developing countries has helped maintain Luvata's positive outlook for the viability of the plant. The plant will face stiff competition. Henan Golden Dragon is also building a US$80M copper commercial tube mill in Coahuila, Mexico, and Mexico's IUSA has also announced plans to increase commercial tube production. In the USA, Kobe Wieland Copper Products LLC is also undertaking a US$71M upgrade of its North Carolina copper commercial tube mill.
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.
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