According to chrome ore and ferrochrome producer operator RCS’s Peter Stamenkovic said first half of 2011 by the strong demand from the stainless steel industry and the continuous tightening of inventory support,titanium dioxide, ferrochrome prices will start to rise.
CRU, held in Paris in the 13th Congress of stainless steel, Stamenkovic said that the demand for ferrochrome for stainless steel industry will remain strong, at least in the first half of next year, when the then industrial stocks are low. Expected ferrochrome prices began to rise, CRU forecast ferrochrome prices in the first quarter of next year, $ 1.4 / lb in the second quarter will be raised to $ 1.45 / lb. Stamenkovic, said: “It is estimated to be relatively scarce supply,titanium dioxide production, manufacturers have to strive to meet growing demand.”
In addition the world’s largest ferrochrome producer – South Africa’s ferrochrome production costs will also be a result of the continuing weakness of U.S. dollar against the rand and the April rise in a substantial increase in electricity tariffs. Between July to November,titanium dioxide msds, the U.S. dollar against the rand has fallen 11%.
Recalling 2010, Stamenkovic said that in the recovery of the stainless steel industry under the driving force in the first quarter ferrochrome demand is strong. The third quarter showed some seasonal weakness in the trend, but the fourth-quarter demand picked up again in the continued good demand for 10 weeks under the current ferrochrome stocks will remain tight state. In addition Stamenkovic also believe the southern hemisphere winter next year between the expected output to fall under a number of producers in South Africa in the current accumulation of inventories.
The long run, Stamenkovic think that developing countries, especially China and India, urban development, infrastructure construction and industrial demand to stimulate the rapid growth in demand for stainless steel. According to CRU, statistics, world stainless steel demand in 2010 will reach 30.84 million tons in 2014 to increase by 25% to 38.59 million tons, which will directly lead to growth in demand for ferrochrome. However, the shortage of electricity supply in South Africa means that manufacturers can not produce ferrochrome ferrochromium enough to meet growing demand. The rest of the world will further increase the yield of a number of areas, but also facing the predicament of high production costs,titanium dioxide price, increase the price of a larger voice. Mainly relied on imports of chrome ore for example, the Chinese ferrochrome producers are also expected to gradually raise ferrochrome prices.
Source: http://www.mhcocm.com
Author Box ddew has 1 articles online
MHC INDUSTRIAL CO., LTD.
Print article Report Add New Comment Rcs-2011 In The First Half Ferrochrome Prices Will Gradually Rise
Log in or Create Account to post a comment. * * Security Code: Change Image Related searches: Rcs-2011 In The First Half Ferrochrome Prices Will Gradually Rise
rise against steelers first half marathon stainless steel cookware stainless steel sinks steely dan stainless steel tubing first half half marathon first half of a senate vote first premier bank Related Articles Rcs-2011 In The First Half Ferrochrome Prices Will Gradually Rise
First Half Of The Sharp Contraction In Imports Of Dairy Products Exports Rise Sharply
Publisher: echo Sharp rise in imports According to customs statistics, China’s exports in the first half of this year Dairy products 20,000 tons, worth 36.3 million U.S. dollars, respectively Rising Oil Prices Will Not Lead To “stagflation”
Publisher: Himfr Paul Since by 2011, Tunisia, Libya political tensions in the Middle East countries, the influence of global oil price as the benchmark of American west Texas intermediate crude oil prices (west Texas intermediate (WTI)) has once breakthrough $100 a barrel. Meanwhile, gold, copper, aluminum, lead, nickel and other non-ferrous metal prices are creating historic highs, and corn, wheat, soybean meal, and other agricultural products price though not creating historic highs, but there still exist the risk of further upward… Trucking Prices Expected to Rise in 2011
Publisher: Nelson Cabrera Ocean freight, truck, and other modes of transport may be affected. Truck and ocean shipping news about rate increases. Solar Installations Rise in Second Half but Module Revenue Growth Stalls
Publisher: Ken Arch Despite a recovery in global solar installations in the second half of the year, plunging prices will result in zero revenue growth for the photovoltaic (PV) module business in 2011, according to research from the IHS iSuppli Photovoltaic Service from information and analysis provider IHS. What Rising Commodity Prices Mean For Investors
Publisher: Sara Nunnally Editor Sara Nunnally suggest that investors consider adding commodities to their investment portfolio in 2011. With excellent gains too good for investors to leave on the table, any pullback would be a terrific opportunity. Timber rise in prices, forestry also has spring
Publisher: laozhu National Forestry Bureau expresses in 15th, should be regularly carried out special rectification, continue to maintain high-pressure situation of forest tree seed and seedling products. Since 2010 October, forestry system begins blow makes carry out fake seed working effect is distinct, focus on the manufacture and sale of fake and shoddy seeds behavior, and a number of cases, maintaining the mar Stocks: All Sectors Rallied in the First Half of 2011 Except this One
Publisher: Profit Confidential Michael tells you the one sector that didn’t rally in the first half of 2011 and which news reports you shouldn’t be listening to. 09 In The First Half Loader Market Monitoring And Prediction Of The Second Half – Loader, Credit,
Publisher: gaga 2009 first half, as Financial Crisis Construction Machinery Affect the “hardest hit” Loader Market, although demand is still sluggish international market, domestic market, there have been positive changes. According to the author of the survey of China’s major loader enterprises, in the first half, China Sell Loader over 70000 units last year although still higher compared to lower margin Commodity Prices Rising
Publisher: Christine Harrell Notwithstanding the constant stream of negativity directed towards the single currency over recent days, the euro has at least stabilised and, in some instances, actually managed to creep higher against some of the major currencies. The EUR is comfortably through the 1.31 level overnight, and EUR/GBP is up at 0.8330. Facing Rapid Rising Prices, Will You Weep?
Publisher: belinda toland price rises rapidly nowadays, what is the reason for the rapid rise of pirce this year? What can you do for that? This article was published on 2010/11/26 You might also like
Taylor Swift Shines in her Short-sleeved Gucci Gown on the Red Carpet at the 2014 Grammy Awards
If you cherished this post in addition to you wish to get guidance concerning Petroleum kindly stop by our web page.
Leave A Comment