International Virtual Fair dedicated to the world of Wire
Showcase - Invimec Srl
New permanent Exhibitor: New line rolling machines with the train system were developed (with a single motor or independently motorised heads), a range of models for profiling machines was created (also with more than one profiling head), along with a whole series of machinery for subsequent processes (incision, cutting, engraving, winding).
LME merges regional steel billet contracts into global contract.
The London Metal Exchange said in a statement Wednesday it has completed the merger of its Mediterranean and Far East steel billet contracts into a single global one. To support this move, the LME said that it will increase the number of storage facilities and delivery locations, and that it is considering several additional locations in Europe and the US.
DOMUS FLUIDO LR 68/B is a high‐quality synthetic lubricant obtained through the chemical synthesis of non‐oil‐based raw materials deriving from renewable sources, clorine and sulphur free, creating a high performance product that is also both biodegradable and fire resistant.
DOMUS FLUIDO LR 68/B is designed for use in the lubrication of screw and bolt cold heading machinery and is specifically tested on SACMA and NATIONAL machines. It is also recommended for use as a medium/high alloy steel press oil, including in heavy‐duty applications. In most cases, this eliminates the need to use different lubricants for different applications on the same machine.
Viscosity at 40° C 68 cSt Viscosity at 100° C 12,5 cSt Viscosity index 185 Flash point °C 300 Pour point °C ‐30 Density at 15°C 0.930
A total of 77 major steelmakers recorded profits of 6.25 billion yuan in June, a decrease of 40 percent month-on-month, reports 163.com, citing an insider from the China Iron and Steel Industry Association.
The MIDEST 2010, the world’s leading industrial subcontracting show, will be held from Tuesday 2nd to Friday 5th November 2010 in the Paris Nord Villepinte Exhibition Centre (Hall 6) – France
For this occasion Sadevinox is pleased to welcome you on their booth. You can meet them at : HALL 6/ BOOTH K200
Vietnam. World costs push up domestic steel prices.
Steel prices have begun rising again in the Vietnamese domestic market, according to the Viet Nam Steel Association (VSA). The prices rose by VND100,000 (US$5) to VND500,000 ($25) per tonne since early May to betweenVND12.2 ($642) and VND12.8 million ($673) at present, VSA said. VSA deputy chairman Nguyen Tien Nghi attributed the increase to higher steel ingot and used steel prices in the world market.
“Vassena’s dies are exclusively and directly sold to the Russian, Belarusian and Ukrainian markets by VASSENA FILIERE SRL – Malgrate / Italy, with technical support of Messrs BELPROMTEHPOEKT, Zhlobin, Republic of Belarus.”
Russian steel makers fail to move to long-term contracts.
Russian steel makers have not fully complied with instructions given by Prime Minister Vladimir Putin to move to long-term contracts with consumers due to a fall in metals prices since May, Kommersant business daily said on Friday. Putin called for the shift to long-term contracts following a series of complaints made by Russian Railways, various automakers and other major consumers about unreasonably high prices.
For rolling metal strip and sheet, INVIMEC is recognised as a world leader and the first company to have introduced the rolling train concept to the jewellery industry.
The company makes models to suit all the changing needs of manufacturers of strip chain (ball chain, foldover, box, stamped, popcorn and all other types) and semi-finished goods, as the market continues to evolve.
INVIMEC line rolling machines with the train system make it possible to automate the production process of semi-finished goods, eliminating problems related to costs and to finding specialised personnel.
Increased Brazilian steel demand to impact world supply.
Speaking at the Latin American Iron & Steel Trends conference in Rio de Janeiro, Brazil, Majestic Steel USA Research Manager Josh Spoores said increased domestic demand for steel will turn Brazil from a net exporter of finished steel into a net importer during the next three to five years. This change has the potential to create rapid price increases on the global market.
Russian steel output jumps 20.6 percent in first half.
The Russian Federation's Federal State Statistics Service reported that Russia produced 28.4 million metric tons of finished steel products during the first half of 2010; up 20.6 percent from the same period last year. Russia also produced 4.3 million metric tons of steel pipes; up 43.1 percent, and 24.2 million metric tons of pig iron; up 23.2 percent, all compared to the first half of 2009.
January 2010, CARES, UK has granted The Siam Industrial Wire Co., Ltd. the CARES Certificate for both PC Single Wire and PC Strand.
April 2010, The Siam Industrial Wire Co., Ltd. has been approved for the homologation Certificate to export PC Strand 12. 5 mm. for both Plain and Indent to Finland.
Russian steel giant drops plans to build plant in U.S.
Russia's steel giant Magnitigorsk Iron and Steel Works (MMK) had dropped its plans to build a steel plant in the United States, Kommersant business daily reported Tuesday. MMK did not believe U.S. steel demand was recovering, the report said.
"European governments are cutting budgets, closing different infrastructure and social projects to tackle the budget deficit," said the MMK Vice-President Oleg Fedonin.
On occasion of the opening visit to the new plants, equipped with modern technological systems, that coincides with the celebration for the 30 years of activity, we are glad to announce the “Open House Mecavit” that will take place on Saturday 28 August at the Mecavit head office, via Fornace 28, 40023 Castel Guelfo, Bologna.
During the Open House celebration we will unveil a sculpture by Michael D'Aniello dedicated to Mecavit. Other masterpieces by this sculptor are displayed on website www.daniellomichele.com. The sculptor Michele D' Aniello has "dressed" one of his works with screws produced by Mecavit.
The World Steel Association has published the 2010 edition of World Steel in Figures. It is now available on worldsteel.org. World Steel in Figures provides essential facts and statistics about the global steel industry. The book contains comprehensive information on crude steel production, apparent steel use, pig iron production, steel trade, iron ore production and trade, and scrap trade. An update of the sustainability indicators of the world steel industry has also been included in the publication this year.
World Steel in Figures lists the top steel-producing countries and worldsteel member companies. In 2009 the five major steel producing countries were:
1. China - 567.8 mmt 2. Japan - 87.5 mmt 3. India - 62.8 mmt 4. Russia - 60.0 mmt 5. United States - 58.2 mmt
Fusani Screw Manufacturer will welcome you in Budapest.
Viteria Fusani srl is an Italian screw manufacturer, specialising in the production of customised parts to customer design. The firm offers many different types of thread, heads, materials, ROHS compliant galvanic and hardening treatments.
- Metric screws from M 1.6 to M8 - Self-tapping screws from Ø 1.6 to Ø 6.3 - Self-forming screws from M 2.5 to M8 (three-lobe self-tap. screws)
Production also includes screws with mounted washers. Visit Fusani at Fastener Fair Budapest, 6 - 7 September.
USA. AISI opposes electric utility cap-and-trade proposals. Would threaten international competitiveness of American steel industry.
The American Iron and Steel Institute (AISI) expressed its opposition to proposals for a cap-and-trade program directly regulating the electric utility sector because such legislation will have a substantially negative impact on the international competitiveness of the steel industry.
Four Chinese steelmakers based in the growing port city of Tianjin agreed to combine forces Tuesday and create a business that will be among China's top 10 steelmakers by production. The new company, called Tianjin Bohai Iron & Steel Group Corp., comprises the operations of Tianjin Pipe (Group) Corp., Tianjin Iron & Steel Group, Tianjin Tiantie Metallurgy Group and Tianjin Metallurgy Group Co., the municipal government said in a statement posted on its website Wednesday.
TECNOFIL manufactures low and medium carbon steel wire. TECNOFIL drawn wire is a high quality product, as a result of a careful selection of raw materials on the international market and of the latest technologies in our production departments.
Finishing: bright - soaped bight - black annealed - white annealed - ordinary galvanized - heavy galvanized - re-drawn galvanized - coppered – stanox
Production range: - diameter from 0.50 mm to 6.00 mm - tensile strength : from 320 to 1200 N/mm2
Located in the North of Italy, Tecnofil operates through 3 main divisions that make it the most complete partner in the wire industry.
China. Market expects steel prices to slide further in August.
Chinese steel market participants generally forecast a further decline in steel prices for August. Large-scale steelmakers are expected to cut prices, as steel plants are receiving fewer orders while production still remains high. Rumors going on Friday were that the Baosteel Group would cut its August producer prices for hot-rolled, pickling, and ordinary cold-rolled sheets and coils by 300 yuan a metric ton (tonne), and cut prices for thick plates by 600 yuan/tonne.
CF Machinery is representing a Company that is the biggest factory for the production of steel pipes and shapes in Southeastern Europe. Since 1972, when it was established, the factory has produced pipes for different systems including gas-lines, water-lines, fuel-lines all around the world, more than 12,000 km of pipes.
Steel wire industry poised for growthBy Nirmal Saraf
The fortunes of the steel wire industry are closely linked to the fortunes of the primary steel industry. Internationally, steel makers prospects until 2015 are mixed, due to consolidations in most parts of the old industrial world; a resurgence of steel making capacity addition in the East (particularly in India), in Latin America (Brazil) and in the Middle East; a revitalisation of the Russian steel industry and continued massive expansion in China.
One factor stimulating new capacity is the technological revolution, which is sweeping the industry. The future of emerging market economies is looking bright. Developing countries, particularly the BRIC countries (Brazil, Russia, India and China), are very optimistic about their prospects since these economies are recovering and advancing more swiftly than many had envisaged. In 2009, China retained its position as the world’s largest crude steel producer followed by Japan and the US. India occupied the fifth position for the fourth consecutive year. It has been estimated that, India’s steel consumption will continue to grow at an annual rate of nearly 16% until 2012, fuelled by demand for construction projects worth $1 trillion.
The company Sala Punzoni communicates its participation in the next Fastener Fair Budapest. This exhibition will run from 6 to 7 September 2010 at the SYMA EVENT CENTER.
Following the growing interest generated by the Fastener Fair Stuttgart, Sala Punzoni is going to participate in the Hungarian edition of the same exhibition with the goal of broadening its sales network and seeking potential new customers in the promising Eastern Europe region.
Eurofer Q3'10 Market Report. Rebound manufacturing sector good news for EU steel market.
EUROFER’s latest report on the Economic and Steel Market Outlook 2010-2011 confirms that the EU steel market gained traction in recent months. Since the 2nd quarter of this year, activity in most steel using sectors is bouncing back from the lows reached during 2009.
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