Metal Boom
Metal Boom
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Metals industry, mate - 12PSB Test Bench manufacturer
This year, commodities, non-ferrous metals prices continued to rise last year's momentum. In late February, subject to the impact of imports of iron ore prices, the domestic price rises in major steel companies have sounded the clarion call; entered since mid-February, other non-ferrous metals such as copper, aluminum and other raw commodities futures prices generally rise, there are indications that bulk raw materials are entering a period of a new round of price increases.
Steel prices hit record highs In the first quarter, subject to a lower inventory of steel community, the South snowstorm weather, the domestic steel market in general is fairly good, upward price shocks. With negotiations on iron ore dust settles, the price increase is a foregone conclusion, iron and steel tight supply and demand, industry insiders estimate that steel prices in the second quarter there is still much room to rise.
Beginning of the year, steel prices have been strong. A variety of steel products prices in January rose slightly, but the price is relatively stable, according to China Iron and Steel Industry Association data show that in January the composite steel price index 126.31, up 1.19 over ring. 2 mid to late start up by overseas iron ore supply 65% of the news stimulation, rapid increases in steel prices last week, the composite steel price index climbed to 141.41 more. As early as late last year, major research institutions, brokerages released in 2008 the steel industry investment strategy analysis, the same optimistic about this year's iron and steel Quotes. Guotai Junan believe that strong demand growth, supply growth down, cost-driven restructuring of industry consolidation to accelerate under the influence of factors such as iron and steel industry will boom in 2008 continued the trend. Galaxy Securities believe that tends to balance supply and demand, raw material price increases and other factors greatly under the influence of steel in 2008 is expected to rise 10-14%, average selling price per tonne of steel up 450 -650 yuan, not even rule out the possibility of 20% or . CITIC Securities believes that in 2008 the steel industry by the cost-push steel prices expected to rise by 10%.
Steel prices this year, analysts expect the trend is towards the development. In the first quarter, steel prices has become a reality, a substantial increase in steel prices steel prices circumstances, the second quarter of the price trend become clearer. EMC securities that, according to the level of iron and steel production chain slipped for four straight months, supply continued to ease the pressure to determine the iron and steel industry is gradually turned away from the bottom of the profitability of the industry boom levels are slowly improving. Days in mid-February relative to investment in the 2,3-baked on the steel industry investment strategy report said that by disasters have reduced the productivity impact of increased demand for post-disaster reconstruction, the domestic steel product market prices by the end of February to determine the probability of a new upward trend in a larger , the recent sharp rise of foreign steel, as well as the second quarter of Baosteel raised steel prices will solidify the foundation of this rising trend.
China International Capital Corporation recently announced Comment on the steel industry is also referred to domestic large steel companies after the sharp price increases, it is understood, Baosteel Group, Anshan Iron and Steel have expressed their sales good, Wuhan Iron and Steel prices generally accepted by the customers, distributors of steel family also think that the existing downstream demand. Judgments of gold, iron and steel industry fundamentals are good, after the recent substantial increase in steel prices, the future of space continue to rise gradually reduced, does not rule out rose slightly after the fall of the possibility, but the bottleneck in the raw material production and suppression during peak demand, 3-6 months in the history of steel prices will remain high.
Zhang Xiaogang, general manager of Anshan Iron and Steel also said to the rising costs of iron ore as the representative of China's steel enterprises will impact on profits, but domestic and international market demand for steel is relatively strong; while China, Europe, and Japan's economy is also very strong, these factors will support the steel is running at a high level, so the overall effectiveness of iron and steel industry throughout the year is not bad, but taking into account uncertainties in the first half of the year steel prices trend higher in the second half should be a low - more.
Copper aluminum shock up into the super-Quotes This year, with copper and aluminum, represented by non-ferrous metals has been fluctuating at high levels. According to data released by Development and Reform Commission show that since January Huatong non-ferrous metals spot market price of aluminum has been in a rising channel, from the beginning of the year rose to 17,728 yuan per ton two months after the 19,297 yuan a slight decline. This time ascribed to the South electrolytic aluminum price has a lot to the inclement weather. Investment in securities, according to estimates by the end of January because of the snowstorm that resulted in approximately 1.3 million tons aluminum plant was forced to stop production, full-year loss of aluminum at least produce 40 million tons. While copper prices fell slightly after the two weeks before Chinese New Year red peak by the end of February reached a new high of 65.49 thousand yuan per ton. International non-ferrous metals market, in January hits again in February continue to rise sharply, copper and aluminum prices rose by double-digit lead, which LME2 month average spot price of copper 7913 U.S. dollars / ton, up 12.1%, 3-month copper price average 7868 U.S. dollars / ton, up 11.4%.
March non-ferrous metals bull market will not change. Analysts believe that the copper is concerned, the domestic market, abundant supply, and the consumer is not fully started, it will continue to keep copper prices high to go outside the plate. Nanjing Securities believes that the dollar devaluation and the slow reduction in LME copper inventories are expected to China post-quake reconstruction work will increase demand for copper, non-ferrous metals in March, led by the LME copper will maintain the pattern of upward shocks. But it also pointed out that reducing the stock of goods in the Lundun Tong, Shanghai copper inventories increase in cargo, it was difficult to determine a longer period copper price trends, market outlook should be concerned about China's real needs. Pairs of aluminum, since the outer disk of the strong, the Chinese aluminum production has not announced the full restoration of the news will be right in March the formation of aluminum support, price Al-t price of less than 19,000 yuan is difficult, but in March are likely to spend actively pursued the downstream , with the outer disk, strong, aluminum is expected to follow the bullish price, in March of aluminum can be seen 20 thousand yuan.
Looking in the second quarter of metal market, analysts generally cautious optimism. Orient Securities believes that the second quarter, facing the trend of metal metal prices rose. In its view, from the fundamentals on the analysis of lead metal prices of factors including: the high investment growth rates of China and India driving demand for the metals industry, hedge the impact of slowing U.S. demand; the international capital market interest rates continued falling and will continue to promote large-type higher commodity prices; China snowstorms led to a reduced supply of metal, post-disaster reconstruction drive demand, while worries about the sub-prime crisis, people turn to invest in a higher safety factor of the metal industry. Ping An Securities, pointed out that the recent global inflationary pressures and excess liquidity situation remains unchanged, once with the external environment, such as oil, gold and agricultural prices continue to rise, the dollar continued to depreciate, did not rule out short-term financial attributes to enhance the international metal prices a breakthrough in the near future the possibility of previous highs.
Base metals copper and aluminum in the second quarter of the price trend is also worth looking forward to. Recently the world's largest copper producer and exporter of copper, Chile authoritative expert Juan Carlos believes that strong demand, supply factors such as tension and the role of the dollar, the international price of copper has entered a super market, the future is likely to continue rising. LME copper in February from the positions can be seen, investors bullish copper afternoon. The Everbright Securities proposed that in the global energy supply, and the constant threat of the specific context of production capacity, the future shock rise in aluminum prices will show a trend throughout the year the average price could be higher than in 2007, short-term weakness in spot, medium and long term is expected to rise significantly.
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About the Author
The e-commerce company in China offers quality products such as 12PSB Test Bench manufacturer , XDECTM ECU, and more. For more , please visit repair test equipment today!
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Ultimate Support ULTI-BOOM TB Telescoping Boom $39.99 The Ultimate Support ULTI-BOOM TB telescoping boom features an oversized rotation hub for increased friction to reduce slippage. The boom's top threads fit U.S. and metric threaded mic clips and accessories. The ULTI-BOOM TB boom's ergonomic knobs adjust quickly without pinching your fingers before or during a performance. The ULTI-BOOM TB is made of extruded and anodized aluminum tubing with internal glides for fast, smooth, and noise-free adjustment. A metal counterweight gives the boom true balance. Boom length can be adjusted between 18.9" - 34.6".Oversized rotation hub increases friction, reducing slippagePatented top threads fit U.S. and metric threaded mic clips and accessoriesErgonomic knobs for quick adjustmentExtruded and anodized aluminum tubingInternal glides for fast, smooth, and noise-free adjustmentMetal counterweight for true balanceLimited lifetime warranty |
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Ultimate Support Ulti-Boom Tb Telescoping Boom $39.99 The Ultimate Support ULTI-BOOM TB telescoping boom features an oversized rotation hub for increased friction to reduce slippage. The boom's top threads fit U.S. and metric threaded mic clips and accessories. The ULTI-BOOM TB boom's ergonomic knobs adjust quickly without pinching your fingers before or during a performance. The ULTI-BOOM TB is made of extruded and anodized aluminum tubing with internal glides for fast, smooth, and noise-free adjustment. A metal counterweight gives the boom true balance. Boom length can be adjusted between 18.9" - 34.6".Oversized rotation hub increases friction, reducing slippagePatented top threads fit U.S. and metric threaded mic clips and accessoriesErgonomic knobs for quick adjustmentExtruded and anodized aluminum tubingInternal glides for fast, smooth, and noise-free adjustmentMetal counterweight for true balanceLimited lifetime warranty |
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Ultimate Support ULTI-BOOM FB Fixed Boom $24.99 The Ultimate Support ULTI-BOOM FB fixed boom features an oversized rotation hub that increases friction to reduce slippage. The boom's top threads fit U.S. and metric threaded mic clips and accessories. The ULTI-Boom fixed boom's ergonomic knob adjusts quickly without pinching your precious fingers before or during a performance. The ULTI-BOOM FB is made of extruded and anodized aluminum tubing with a metal counterweight that gives it true balance. The boom length is 33.6".Oversized rotation hub increases friction, reducing slippagePatented top threads fit U.S. and metric threaded mic clips and accessoriesErgonomic knob for quick adjustmentExtruded and anodized aluminum tubingMetal counterweight for true balanceLimited lifetime warranty |
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Eagletone Microphone Boom Stand $37.99 This tri-pod boom stand safely and securely maintains the position you set for your microphone to capture the perfect sound in the studio or during live performances. Stand features die-cast metal clutch and non-skid legs that keep the stand where you set it. Boom adjusts from 1" - 23". Height adjusts 40" - 67". Type: Musical Instrument Accessories |
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