English Español

N.America Wire Makers Buy Foreign Rod...

by wireworld on 04/26/2012 - 11:01 pm
Tag: Market Stats

North American cable and wire producers are buying more aluminum rod abroad at higher premiums due to production problems at Rio Tinto Alcan's Alma smelter in Quebec and Alcoa Inc's Massena West smelter in upstate New York, market participants told Reuters.

Alma's rod customers have been scrambling to import raw material, some for the first time and from as far as Southeast Asia. Domestic rod producers have little spare capacity to fill the gap left by the 438,000-tonnes-per-year smelter, which slashed output by two thirds more than three months ago.


Rio Tinto  cut production and declared force majeure in early January after locking out unionized workers due to a dispute ov ...

Read More

China Steel Output Hits Record High A...

by wireworld on 04/24/2012 - 03:33 pm
Tag: Market Stats

China’s daily crude steel output surged to a record of above 2 million tonnes in early April,sustaining last month’s rapid pace, although an industry group warned of a slow down in momentum due to moderating demand. A recent pickup in steel prices in China amid a seasonal recovery in demand spurred steelmakers in the world’s biggest producer and consumer to boost output.



But analysts are wary about the strength of the recovery in demand, with steel prices struggling to rise amid signs that the overall economy is slowing down. China’s economy grew at its weakest pace in nearly three years in the first quarter.



China’s crude steel ...

Read More

wire 2014: Leading Global Trade Fair ...

by wireworld on 04/23/2012 - 03:43 pm
Tag: Wire Dusseldorf

The two leading global trade fairs wire, International Trade Fair for Wire and Cable, and Tube, International Tube Trade Fair, can look back on a successful edition in 2012 announcing outstanding exhibitor numbers, increased exhibition space and an overall very positive mood.



Now the new trade fair dates have been established for 2014: From 7 to 11 April 2014 the key players in the wire, cable and tube processing industries will meet again at the Düsseldorf Exhibition Centre to present the technology highlights from their respective sectors.   



On display at wire 2014 will be state-of-the-art machinery, plants and equipment used for manu ...

Read More

Japan March Copper Cable Shipments Up...

by wireworld on 04/20/2012 - 03:26 pm
Tag: Market Stats

Japanese copper wire and cable shipments rose 5.9 percent in March from a year earlier to an estimated 59,500 tonnes, aided by a strong recovery in orders from the automotive industry, an industry body reported



The March figure was slightly up on February's 59,398 tonnes, data from the Japanese Electric Wire and Cable Makers' association showed



Japan's appetite for copper, often seen as a gauge of economic activity, was hit last year when the March 11 earthquake prompted industrial users to cut back on domestic production. Demand from the car industry rose 76.2 percent to 7,300 tonnes, the industry body said.