Chrome: Recent Market Challenges & Outlook
|
|
- Holly Golden
- 5 years ago
- Views:
Transcription
1 Chrome: Recent Market Challenges & Outlook Dmitry Pastour, CEO AMM: North American Ferroalloys Conference Chicago, United States 6-8 September 1
2 Disclaimer This document includes forward-looking statements that reflect the current views of the UNICHROME management with respect to future events. These forward-looking statements include matters that are not historical facts or are statements regarding the UNICHROME s intentions, beliefs or current expectations concerning the industries in which UNICHROME operates. Forward-looking statements are based on current estimates and projections, and therefore too much reliance should not be placed upon them. Such statements are subject to risks and uncertainties, most of which are difficult to predict and generally beyond UNICHROME's control. UNICHROME cautions the readers that forward-looking statements are not guarantees of future performance and that if these or other risks and uncertainties materialise, or if the assumptions underlying any of these statements prove incorrect, the development of the industry in which UNICHROME operates may materially differ from those made in, or suggested by, the forward-looking statements contained in this document. In addition, even if the outcomes and developments of the industry in which UNICHROME operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of outcomes or developments in future periods. UNICHROME does not undertake any obligation to update or change any forward-looking statements to reflect events that occur or circumstances that arise after the date of this document. Industry data is sourced from ICDA, Metal Bulletin, FerroalloyNet, OANDA (), Heinz H. Pariser (). 2
3 Charge Chrome Market Share 33% Low Grade High Carbon Market Share 48% High Grade High Carbon, Market Share 19% Charge & HC FeCr classification Cr: 65 72% C: max 10% Si: max 2.5% Production: 2,083,710 Albania Kazakhstan KazChrome Russia Sweden Turkey AlbCHROME Tikhvin, Serov, CHEMK Vargön (since 2008 only HC) Etikrom, Eti Metallurgij Cr: 57 65% C: max 10% Si: up to 4.0% Production: 5,283,946 China India Iran Zimbabwe Vietnam various IMFA, Facor, FAL, Balasore, Rohit, Tata. etc Faryab Mining Zimasco, Zimbabwe Alloys, Maranatha Nam Viet Ferrochrome Cr: 45 57% C: % Si: % Production: 3,731,593 Brazil Finland Sweden Romania South Africa Ferbasa Outokumpu Cr Oy Vargön (until 08 Charge + HC) SC Feral Xstrata/Merafe, Samancor, Hernic, ASA, IFML, Assmang, Ruukki, Tata Source: Heinz H. Pariser, ICDA Data 3
4 HC FeCr imports USA IMPORTS HC FECR Finland Kazakhstan South Africa Turkey Arab Emirates RoW EUROPE IMPORTS HC FECR Finland Kazakhstan South Africa Sweden Turkey Zimbabwe RoW 6% 2% 7% 14% 9% 5% 3% 4% 14% 12% 16% 62% 46% Source: ICDA, based on full data 4
5 HC FeCr imports CHINA IMPORTS HC FECR India Kazakhstan South Africa Zimbabwe RoW 2%3% 5% 24% 66% Source: ICDA, based on full data 5
6 Currencies of Chrome producing countries 110% 90% 70% 50% 30% Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q1 Q2 Q3 Q4 Q1 Q2 Q3 Source: OANDA ZAR/USD KZT/USD CNY/USD RUB/USD INR/USD 6
7 Price dynamics: base and spot prices in Europe, USA and spot prices in China Source: Metal Bulletin EU Benchmark (LHS) EU HC Spot (LHS) RN HC Spot (LHS) FeCr China spot 6-8% C (RHS) 7
8 Source: ICDA, September 8
9 Source: ICDA, September 9
10 China tender prices vs. imports of HC Ferrochrome (10,000 tons) vs. CIF Shanghai Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 0.00 Imports Baosteel TISCO Tsingshan CIF Shanghai Source: Ferroalloys.net, Metal Bulletin, September 10
11 FeCr production HC FECR PRODUCTION China South Africa E.Europe/CIS/Mid. East W.Europe/Turkey/Albania Rest of Africa Rest of Asia LC/MC FECR PRODUCTION China E.Europe/CIS/Mid. East Unspecified 13% 5% 2% 11% 36% 22% 52% 26% 33% Source: ICDA, based on Q1 11
12 LC/MC FeCr imports USA IMPORTS LC/MC FECR Brazil China Germany Kazakhstan Russia South Africa RoW EUROPE IMPORTS LC/MC FECR Brazil China Kazakhstan Russia South Africa Turkey RoW 19% 11% 16% 7% 30% 1% 5% 24% 8% 25% 14% 10% 3% 27% Source: ICDA, based on full data 12
13 HC & LC FeCr, Nickel price and UG2 Chrome ore Source: Metal Bulletin, FerroalloyNet, ICDA 13
14 HC-LC FeCr, Nickel and UG2 Chrome ore price change (Volatility) Source: Metal Bulletin, FerroalloyNet, ICDA 14
15 Market overview The price fall in China in May June was overdone, looked artificial and should rebound by Q4 latest. The actual demand in China was not actually down starting May, import volumes of ore to China were on the high level. Chrome ore demand continues to keep the high level and Ore prices have moved up from the bottom reached in June. FeCr prices in China have equally started moving up in July and again accelerated in August. Other FeCr consuming regions including EU and Japan continue to show growth numbers. On the other hand, there is no sign that the Cr industry is going to expand to the extend which may be required in order to support consumption growth. 15
16 Stianless Steel Production, in Mill t Charge / HC FeCr Production, in Mill t Stianless Steel Production, in Mill t Charge / HC FeCr Production, in Mill t Crude Stainless Output, in Mill t Ferrochrome Output, in kt Crude Stainless Output, in Mill t Ferrochrome Output, in kt Global ferrochrome industries: past, present and future Crude Stainless Output Domestic FeCr Supply USA FeCr industry 1974: 306 kt 1981: Macalloy temporarily suspends : producing for DLA stockpile (~ 50kty) 2015: 2.5 Mill t 1998: Exit Domestic FeCr Production 0.0 production Crude Stainless Output Domestic FeCr Supply Japan FeCr industry 1972: Start-up SDK Plant 1974: 540 kt Strategic Investments and Partnerships in SA 2004: 4.2 Mill t 2002: Exit Domestic HC FeCr Production (LC continues) Stainless Steel Production Source: Heinz H. Pariser China FeCr industry 1 Charge/HC FeCr Production ? China FeCr industry Stainless Steel Charge/HC FeCr Production Production
17 Cr ore production vs. import into China % % 45% % 33% 34% 40% 32% 36% 38% 40% 35% 30% Q1 25% Source: ICDA, FerroalloysNet Chrome ore prodution Chrome ore imports Percentage of imports 17
18 Recent market challenges There were a lot of restructuring and acquisitions in the Cr industry around the world from RSA to CIS during last few years, in the background of the weak market. This has strengthened the suppliers position in the FeCr industry. On the other hand, there is a growing indirect competition to integrated FeCr producers by the independent Cr ore producers who supply the material to the China s HC FeCr industry and who have no exposure to the FeCr market. The best, but not unique, example is UG2. Huge FeCr production industry was built in China based on imported ore and still to be a subject to certain concerns to its long-term raw material supply sustainability. Extremely unstable, non-transparent, and non-hedgeable price in Cr market threatens investment and new development potential and, consequently, long-term supply sustainability. 18
19 Partnership with UNICHROME is the ticket to the island of reliability and sustainable development in the turbulent ocean of commodity markets Thank you for your kind attention 19
Challenges of global chrome alloys market & CIS suppliers' position in terms of consolidation
Challenges of global chrome alloys market & CIS suppliers' position in terms of consolidation Dmitry Pastour, CEO Metal Expert. 3rd CIS Ferroalloys Conference Tbilisi, Georgia 21-22 September 1 Disclaimer
More informationChrome: Today s Market Reality & Other Topics in the Agenda
Chrome: Today s Market Reality & Other Topics in the Agenda Dmitry Pastour, CEO 33 rd International Ferroalloys Conference Lisbon, Portugal 19-21 November 1 Disclaimer This document includes forward-looking
More informationEurasian Resources Group. Dmitry Pastour November 2015
Eurasian Resources Group Dmitry Pastour November 2015 1 Eurasian Resources Group Market Overview 2 Charge/HC FeCr Demand Source: Heinz H. Pariser Production, in '000 t 12,000 10,000 8,000 6,000 4,000 2,000
More informationChrome Industry Overview
Chrome Industry Overview Victor Constant Market Research Analyst 31 st Stainless & Its Alloys Conference 2017 October 26 th, 2017 Doubletree Hotel Downtown Pittsburgh, PA - USA ICDA: Competition / Antitrust
More informationMerafe Resources Limited
Merafe Resources Limited November 2008 2 Disclaimer Legal Notice / Disclaimer This presentation is published solely for informational purposes and does not constitute investment, legal, tax or other advice
More informationAFARAK/METAL BULLETIN SINGAPORE ALISTAIR RUITERS March 2016
AFARAK/METAL BULLETIN SINGAPORE-2016 ALISTAIR RUITERS March 2016 Basis of preparation and disclaimer This presentation contains forward-looking statements. Often, but not always, forward-looking statements
More informationEurasian Natural Resources Corporation PLC
Eurasian Natural Resources Corporation PC Ferrochrome Market Review and Outlook by Mark. Midgley Marketing & Operations Director ENRC Marketing AG Disclaimer This presentation includes statements that
More informationMerafe Resources Limited. June 2008
Merafe Resources Limited June 2008 1 Legal Notice / Disclaimer This presentation is published solely for informational purposes and does not constitute investment, legal, tax or other advice nor is it
More informationIndian Chrome Ore and Ferro Chrome Industry
Indian Chrome Ore and Ferro Chrome Industry Koushik Bhadra General Manager Tata Steel Asia (Hong Kong) Limited 15 th Asian Ferro Alloy Conference Hong Kong, 3 rd April, 2014 1 DISCLAIMER : The presentation
More informationPhilippe RICHARD, International Chromium Development Association. Chrome Makes it Stainless!
Philippe RICHARD, International Chromium Development Association Chrome Makes it Stainless! ICDA: Competition / Antitrust Policy Statement and Guidelines The activities of the ICDA are not and shall not
More informationRyo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market
Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market 1 Summary World & Asian Stainless Steel Production China:
More informationHow raw material procurement can pave the way out of the crisis
How raw material procurement can pave the way out of the crisis Frank Ehrenberg Raw Material Procurement Outokumpu Group September 4 th, 2013 12th International Stainless & Special Steels Summit Content
More informationDevelopments in production costs and competitiveness in ferrochrome
Developments in production costs and competitiveness in ferrochrome Kevin Fowkes Managing Consultant Metal Bulletin 29 th International Ferroalloys Conference Barcelona, 12 h November 2013 Structure 1.
More informationLife beyond ferrochrome
Life beyond ferrochrome A review of chromite ore supply plus a focus on special grades Mike O Driscoll Editor, Industrial Minerals Industrial Minerals Information Ltd a subsidiary of Metal Bulletin PLC,
More informationWorld Nickel Market Turning point at last. September 2015 Jakarta
World Nickel Market Turning point at last September 215 Jakarta Disclaimer The information contained herein has been prepared using information available to OJSC MMC Norilsk Nickel ( Norilsk Nickel or
More informationGlobal Market Pulp Statistics
Global Market Pulp Statistics Bleached Kraft Pulp November Data 217 Global Statistics for Bleached Kraft Market Pulp The statistics in this file is based on EPIS (European Pulp Industry Sector) data, distributed
More informationTHARISA STRATEGIC UPDATE. August/September 2017
THARISA STRATEGIC UPDATE August/September 2017 DISCLAIMER These Presentation Materials are for information purposes only and must not be used or relied upon for the purpose of making any investment decision
More informationMBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook
MBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook MB s 31st International Ferro-alloys Conference AMM Tube and Pipe Conference Prague - 9 November 20 Houston,
More informationD sc s l c ai a me m r Disclaimer:
The Manganese and Chrome Macquarie Connections China Day in South Africa 2012 Cape Town 3 February 2012 Alastair D. Stalker Managing Director Ore & Metal Company Limited Director-Assmang Ltd Past Chairman
More informationOverview of the global chrome market Philippe Richard
Overview of the global chrome market Philippe Richard Secretary General 1st INDINOX Stainless Steel Conference, January 25-26, 2015 - Ahmedabad, India ICDA: Competition / Antitrust Policy Statement and
More informationChrome ore and ferrochrome global outlook Loïc Racon
Chrome ore and ferrochrome global outlook Loïc Racon Market Research Analyst October 28th, 2015 - Chicago, USA ICDA: Competition / Antitrust Policy Statement and Guidelines The activities of the ICDA are
More informationBauxite & Alumina Market Update. Demian Reed Vice President Commercial Bauxite and Alumina Rio Tinto Alcan
Bauxite & Alumina Market Update Demian Reed Vice President Commercial Bauxite and Alumina Rio Tinto Alcan The outlook for the alumina market starts with metal 60.0 50.0 40.0 30.0 Global Aluminium production
More informationMetal Bulletin India Ferroalloy Conference Hyderabad 8-10 February Alloy Market: Present Situation & Trends
Metal Bulletin India Ferroalloy Conference Hyderabad 8-1 February 24 Alloy Market: Present Situation & Trends Introduction 1. BHP Billiton s position in the carbon steel materials and ferroalloy industry
More informationRising power prices and their impact on the competitiveness of the ferroalloy smelting industry in South Africa
Rising power prices and their impact on the competitiveness of the ferroalloy smelting industry in South Africa Kevin Fowkes Managing Consultant Metal Bulletin African Ferroalloys & Chromite Conference
More informationAlumina Refining Under Review Analysis of Global Supply and Demand
Alumina Refining Under Review Analysis of Global Supply and Demand 2015 Metal Bulletin International Aluminium Conference Simon Storesund, SVP Commercial, B&A 23 September 2015 (1) Cautionary note Certain
More informationMMCZ PRESENTATION ON COMMODITY MINERAL PRICES & OUTLOOK BY O. E. FURUSA 3 RD AUGUST 2017
MMCZ PRESENTATION ON COMMODITY MINERAL PRICES & OUTLOOK BY O. E. FURUSA 3 RD AUGUST 2017 INTRODUCTION MMCZ was established under the MMCZ Act of June 1982 and began operations in March 1983, as the exclusive
More informationNickel Prices: $5,000 or $50,000 Where is the Market Headed?
Nickel Prices: $5,000 or $50,000 Where is the Market Headed? Metal Bulletin 31 st International Ferro-alloys Conference Mark Selby, President & CEO Royal Nickel Corporation November 10, 2015 Disclaimer
More informationRobert Davis Hickman, Williams & Company. Steel Founders Society of America March 23, 2011
Robert Davis Hickman, Williams & Company Steel Founders Society of America March 23, 2011 Three area s of interest World Production of Ferroalloys High Carbon Ferro Chromium Ferro Molybdenum Globally,
More informationChina and its impact on the global ferrosilicon market
China and its impact on the global ferrosilicon market Kevin Fowkes Managing Consultant Metal Bulletin 28 th International Ferroalloys Conference Berlin, 13 th November 2012 What is ferrosilicon? A ferroalloy
More informationWorld Steel Market and Ukrainian metallurgy in 2010
2-Dec-21 Ministry of Industrial Policy of Ukraine SE UPE Co. Research & Consulting World Steel Market and Ukrainian metallurgy in 21 Vlasyuk V.S. SE UPE Co. Research & Consulting, Ukraine 69 th Session
More informationBE GROUP QUARTER 3 REPORT 2007
BE GROUP QUARTER 3 REPORT 2007 Håkan Jeppsson, CEO Torbjörn Clementz, CFO Page 1 Highlights Q3 2007 Net sales increased 8 % Substantial decrease in operational profit - Revaluation stainless steel inventories
More information2007 Annual Report on Chinese Chrome Market
2007 Annual Report on Chinese Chrome Market In 2007 ferrochrome and chrome ore markets keep at high price levels and Chinese government publishes many policies to regulate chrome market. Many Chinese smelters
More informationNickel a bright future and great value
Nickel a bright future and great value Richard Matheson General Manager Asia 27 th October 2015 The Nickel Institute does not present forecasts or comments on nickel markets, prices or supply/demand. The
More informationNickel Market Outlook
29/04/2015 Nickel Market Outlook Mike Baril Disclaimer This presentation may include declarations about Vale s expectations regarding future events or results. All declarations based upon future expectations,
More informationMANGANESE THE NEED FOR A SUSTAINABLE FUTURE
MANGANESE THE NEED FOR A SUSTAINABLE FUTURE GRAHAM KERR CHIEF EXECUTIVE OFFICER FEBRUARY 2016 IMPORTANT NOTICES The purpose of this presentation is to provide general information about South32 Limited.
More information32nd International Ferro-alloys Conference Prague, 6-8 November Markets, prices and trends
32nd International Ferro-alloys Conference Prague, 6-8 November 2016 Markets, prices and trends Agenda 1. Role of a Price Reporting Agency (PRA) in ferro-alloy price discovery 2. Pricing trends of ores
More informationSulphide Nickel Production and Supply: Market Implications
Sulphide Nickel Production and Supply: Market Implications Metal Bulletin 3 rd Asian Nickel Conference Mark Selby, President & CEO Royal Nickel Corporation September 23, 2015 Disclaimer Cautionary Statements
More informationObservations on the global and Asian ferrosilicon markets
Observations on the global and Asian ferrosilicon markets Kevin Fowkes Ferroalloy Industry Consultant 28 th March, 2012 What is ferrosilicon? A ferroalloy of iron and silicon (FeSi), normally ~75% Si Used
More informationGlobal view on steel market dynamics Platt s Steel Markets Europe Conference Barcelona, June 30-July 1. June 30, 2016
Global view on steel market dynamics Platt s Steel Markets Europe Conference Barcelona, June 30-July 1 June 30, 2016 Agenda China: the bull in the porcelain shop. Global growth divergence and impact on
More informationHIGH CARBON FERROCHROMIUM OPERATIONAL MANAGEABILITY WHILE DIVERSIFYING PRODUCTS
HIGH CARBON FERROCHROMIUM OPERATIONAL MANAGEABILITY WHILE DIVERSIFYING PRODUCTS Dr. Alparslan Malazgirt 1, Yavuzhan Kaya 2 1 YILMADEN HOLDING INC., Beybi Giz Plaza, 34398, Maslak, Istanbul, Turkey; alp.malazgirt@yildirimgroup.com
More informationAlumina in focus Supply, Demand and Pricing
Alumina in focus Supply, Demand and Pricing 2015 Metal Bulletin B&A Conference Simon Storesund, SVP Commercial, B&A 26 February 2015 (1) Cautionary note Certain statements included within this announcement
More informationInvestor Day Alloys Imphy November 16 th, Philippe Darmayan Chief Executive Officer
Investor Day Alloys Imphy November 16 th, 2011 Philippe Darmayan Chief Executive Officer Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements about
More informationEnergy in Perspective
Energy in Perspective BP Statistical Review of World Energy 27 Christof Rühl Deputy Chief Economist London, 12 June 27 Outline Introduction What has changed? The medium term What is new? 26 in review Conclusion
More informationNigeria Oil and Gas Conference and Exhibition 3 July Special Keynote address by HE Mohammad Sanusi Barkindo Secretary General, OPEC
Nigeria Oil and Gas Conference and Exhibition 3 July 2018 Special Keynote address by HE Mohammad Sanusi Barkindo Secretary General, OPEC Disclaimer The data, analysis and any other information ( Content
More informationAn analysis of ferrochrome input costs. Robert Cartman Senior Consulting Analyst Hatch Beddows
Metal Bulletin Special and Stainless Steel Summit 11 th November 2008 Robert Cartman Senior Consulting Analyst Hatch Beddows Our organisation Hatch supplies business, process and technology consulting,
More informationCommodity markets. Vivek Tulpule. April Chief Economist
Commodity markets April 2008 Vivek Tulpule Chief Economist Cautionary statement Cautionary Statement This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited ( Rio Tinto ) and comprises
More informationA Look at the Surge of Chinese Billets On The World Markets. Are They Here to Stay?
9 th Steel Scrap Conference American Metal Market Events 11 12 November 2015 A Look at the Surge of Chinese Billets On The World Markets Are They Here to Stay? John D. Heffernan, Partner Introduction Impact
More informationSoftwood Log and Lumber Markets in Asia
Softwood Log and Lumber Markets in Asia Mapping the Course Vancouver, Washington January 24, 219 Bob Flynn Director, International Timber Fastmarkets/RISI Email: rflynn@fastmarkets.com Phone: 1-36-471-6578
More informationRECENT MARKET DEVELOPMENTS
RECENT MARKET DEVELOPMENTS DSTI/SU/SC(215)9 Summary of recent developments Economic outlook has weakened Steel market sentiment is down Demand for steel falling in major economies Broad-based decline in
More informationFresh Deciduous Fruit (Apples, Pears, and Grapes): World Markets and Trade
Fresh Deciduous Fruit (Apples, Pears, and Grapes): World Markets and Trade June 9 SUMMARY Global apple production is expected to expand percent and trade is expected to surge 5 percent in 8/9 due to strong
More informationDry Bulk Freight Market
Jan-1 Jun-1 Nov-1 Apr-2 Sep-2 Feb-3 Jul-3 Dec-3 May-4 Oct-4 Mar-5 Aug-5 Jan-6 Jun-6 Nov-6 Apr-7 Sep-7 Feb-8 Jul-8 Dec-8 May-9 Oct-9 Mar-1 Aug-1 Jan-11 Jun-11 US$/t Dry Bulk Freight Market Has the Market
More informationRenewables investment boost in a global uncertain context
Renewables investment boost in a global uncertain context 31/3/217 Claudio Machetti 1 Technology cost reduction Cost evolution for selected technologies 28-216 12 Index 28 = 1 8 6 4 2 Upstream oil & gas
More informationSUPPLY OUTLOOK & COMPETITION TO ESTABLISHED BRANDS. Alina Wills Senior Commodities Research Analyst MVS
SUPPLY OUTLOOK & COMPETITION TO ESTABLISHED BRANDS Alina Wills Senior Commodities Research Analyst MVS DISCLAIMER Whilst every effort has been made to ensure the accuracy of the information in this document,
More informationAnalysis of Chinese chromium market in 2008
Analysis of Chinese chromium market in 2008 In 2008 ferrochrome market experiences sharp price increase and quick price decrease influenced by all kinds of factors. With the deepening global financial
More informationOutlook for Bulk Commodities John Barber Bureau of Resources and Energy Economics. bree.gov.au
Outlook for Bulk Commodities John Barber Bureau of Resources and Energy Economics bree.gov.au Overview Outlook for China Steel and iron ore markets Electricity and thermal coal China s economy is still
More information3 rd Quarter CMC Business Model. Current Market Conditions & Outlook. Current Market Conditions & Outlook
CMC Business Model Vertical Integration Product Diversification Global Geographic Dispersion 2 Current Market Conditions & Outlook Current Market Conditions & Outlook 3 Global Demand Unabated (in Order
More informationPRODUCER SERVICE PROVIDER INDUSTRY SUPPLIER PROJECT INCUBATOR REDUCTANT SPECIALIST COMMODITY SUPPLY SPECIALIST SOUTHERN AFRICAN AGRI VALUE CHAIN
PRODUCER SERVICE PROVIDER INDUSTRY SUPPLIER PROJECT INCUBATOR REDUCTANT SPECIALIST COMMODITY SUPPLY SPECIALIST SOUTHERN AFRICAN AGRI VALUE CHAIN 5 TH FLOOR, 138 WEST STREET, SANDTON, 2146 Copyright 2017
More informationFY18 Results Presentation
September 2018 Black Rock Assore Executive Team Charles Walters Chief Executive Officer Ross Davies Chief Financial Officer Tiaan van Aswegen Executive: Operations Patrick Sacco Executive: Sales & Marketing
More informationJabs International Pvt. Ltd.
1 Cumin 1 Global Cumin Production Cumin's Global Cumin Seed production is around 200-215 thousand tons. India is the leading in terms of cumin seed production and consumption. India, Syria and Turkey contributing
More informationSteel Market Research & Consultancy
Steel Market Research & Consultancy Flat Products Long Products Medium Term Forecast Long Term Forecast Consultancy GFMS: The Leading Provider p.2 Advantages From GFMS Steel Research p.3 GFMS Steel Research
More informationSTEAM AND COKING COAL PRICES
ENERGY PRICES AND TAXES, 3rd Quarter 2004 - xi STEAM AND COKING COAL PRICES Larry Metzroth, Principal Administrator Energy Statistics Division SUMMARY This article provides analyses of customs unit values
More informationCotton Update. Hosted by United States Fashion Industry Association (USFIA) and Cotton Incorporated
Cotton Update Hosted by United States Fashion Industry Association (USFIA) and Cotton Incorporated September 27, 2018 2:00 P.M. Eastern/11:00 A.M. Pacific At any time during the presentation, you may enter
More informationWorld Grains and Oilseeds: Recent Trends and Perspectives. Agribusiness in Argentina A seminar on Investment Opportunities London 14 December 2011
www. IGC 2011 World Grains and Oilseeds: Recent Trends and Perspectives Agribusiness in Argentina A seminar on Investment Opportunities London 14 December 2011 Darren Cooper Senior Economist International
More informationUniversity of Michigan Eco-Driving Index (EDI) Latest data: August 2017
University of Michigan Eco-Driving Index () http://www.ecodrivingindex.org Latest data: August 2017 Developed and issued monthly by Michael Sivak and Brandon Schoettle Sustainable Worldwide Transportation
More informationU.S. Oil Prices Outlook January 2019
U.S. Oil Prices Outlook January 219 Oil Prices OPEC+ decision to reduce output prevented prices from declining further The expiration of import waivers of Iranian oil could have a positive effect on prices
More informationNickel & Molybdenum Overview: More Likely to See Leafs Win the Stanley Cup? See a Market Turn?
Nickel & Molybdenum Overview: More Likely to See Leafs Win the Stanley Cup? OR See a Market Turn? MRAG Annual Mining Analyst Forecast and Luncheon Mark Selby, CEO Royal Nickel Corporation December 4, 2015
More informationCOMMITTEE ON COMMODITY PROBLEMS
September 204 CCP 4/INF/9 E COMMITTEE ON COMMODITY PROBLEMS Seventieth Session, 7-9 October 204 PROGRESS REPORT ON THE AGRICULTURAL MARKET INFORMATION SYSTEM () This report summarizes progress in the implementation
More informationContents... Economic Outlook. Steel Overview. Stainless Steel Overview. Global Scrap Scenario. Benefits of using Metal Recycled Scrap
Contents... Economic Outlook Steel Overview Stainless Steel Overview Global Scrap Scenario Benefits of using Metal Recycled Scrap Jindal Stainless Limited Economic Outlook Average world GDP growth to be
More informationNC Ag Situation & Outlook 2016: Coping with the Downturn
NC Ag Situation & Outlook 2016: Coping with the Downturn Dr. Blake Brown Hugh C. Kiger Professor Agriculture & Resource Economics College of Agriculture & Life Sciences U.S. Farm Income to Fall to Lowest
More informationUnited Nations Conference on Trade and Development
United Nations Conference on Trade and Development 1th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 25-26 April 218, Geneva Assessing the recent past and prospects for grains and oilseeds markets
More informationChanging nickel and chromium stainless steel markets a review
http://dx.doi.org/10.17159/2411-9717/2018/v118n6a1 Changing nickel and chromium stainless steel markets a review by H.H. Pariser, N.R. Backeberg, O.C.M. Masson, and J.C.M. Bedder This review covers the
More informationChina s Nickel Industry
China s Nickel Industry Main Contents 1 Chinese nickel supply 2 Chinese nickel consumption 3 SS industry Chinese refined nickel supply Nickel metal and nickel salt production CAGR of refined nickel production
More informationMarket Alert. China NPK Statistical Update October 2016 Statistics. China MOP Imports. China Exports. China Imports
Market Alert China NPK Statistical Update October Statistics China showed signs of life in October on both the import and export front, though overseas shipments of key fertilizer products continued to
More informationThe aluminium value chain - Upstream drivers and challenges
The aluminium value chain - Upstream drivers and challenges Kathrine Fog, SVP Corporate Strategy & Analysis Hydro Metal Bulletin Conference, Singapore, October 2015 (1) Cautionary note Certain statements
More informationIndian Stainless Steel Development Association AGM & Forward Looking Session 11 th Sept. 2008, New Delhi
Indian Stainless Steel Development Association AGM & Forward Looking Session 11 th Sept. 2008, New Delhi Presented by N. C. Mathur President Indian Stainless Steel Development Association1 Stainless Steel
More informationNon-consolidated Forecast of Income <1>
Supplementary Materials, Financial Results for Nine Months Ended December 31, 20 Non-consolidated Forecast of Income FY Forecast FY Forecast Change Current Previous (in Oct.) (A) (B) (A)-(B) Operating
More informationFerro-alloys. $500 Joint rates available to attend the Chromite Conference th South African & SAVE. Conference September 2013
www.metalbulletin.com/events/safa 6th n Ferro-alloys Conference 18-19 September 213 Hyatt Regency, Johannesburg Confirmed speakers include: l Nelisiwe Magubane, Director General, Department of Energy,
More informationNICKEL A VALUE-IN-USE PERSPECTIVE. Barry Jackson, October 2015
NICKEL A VALUE-IN-USE PERSPECTIVE Barry Jackson, October 21 1 CAUTIONARY STATEMENT Disclaimer: This presentation has been prepared by Anglo American plc ( Anglo American ) and comprises the written materials/slides
More informationAn overview of global cement sector trends
An overview of global cement sector trends Insights from the Global Cement Report 1 th Edition XXX Technical Congress FICEM-APCAC 2 September, 213 Lima, Peru Thomas Armstrong International Cement Review
More informationPOLYOLEFINS THE NEVER ENDING STORY
MARCH 2016 POLYOLEFINS THE NEVER ENDING STORY Martin Wiesweg Senior Director Polymers EMEA +49 211 97550707 Martin.Wiesweg@ihs.com Western Europe stays on a slow growth path World Economic Outlook / March
More informationRECENT MARKET DEVELOPMENTS IN THE GLOBAL STEEL INDUSTRY
The economic background 13/5/215 RECENT MARKET DEVELOPMENTS IN THE GLOBAL STEEL INDUSTRY DSTI/SU/SC(215)1 78 th Steel Committee Meeting Paris, 11-12 May 215 Naoki Sekiguchi Email: naoki.sekiguchi@oecd.org
More informationChanging World of Stainless Steel Scrap. Paul Gielen, Sales Manager CRONIMET Group 7 th Asian Stainless Steel Conference 25./27.
Changing World of Stainless Steel Scrap Paul Gielen, Sales Manager CRONIMET Group 7 th Asian Stainless Steel Conference 25./27. June 2012 Disclaimer This presentation is provided to you for information
More informationPreface. Table 1 distinguishes domestic exports from re-exports while other export tables give total exports, which is the sum of the two.
Preface This International Merchandise Trade Statistics (IMTS) Monthly Digest presents statistics on Botswana s total imports and exports of goods as at the end of October 2013. Data for imports and exports
More informationGrindrod Limited Additional information for analysts
www.grindrod.com Grindrod Limited Additional information for analysts for the year ended 31 December 2017 MANAGEMENT SEGMENTAL BALANCE SHEETS AS AT 31 DECEMBER 2017 R000 PORTS TERMINALS MARINE FUELS AGRICULTURAL
More informationIndustrial Prices a cyclical rebound, a muted recovery, or no recovery at all?
Pricing & Purchasing Summit Industrial Prices a cyclical rebound, a muted recovery, or no recovery at all? 26 September 2016 ihsmarkit.com John Mothersole, Director, +1 202 481 9227, john.mothersole@ihsmarkit.com
More informationEuropean Freight Forwarding Index
European Freight Forwarding Index 1 February 1 Sentiment is improving in the freight market Johannes Møller joml@danskebank.dk +45 45 12 36 Main conclusion from survey Our proprietary European Freight
More information2. Compensation guidelines and Emission Trading 2013 onwards
OUTOKUMPU OYJ Corporate management Riihitontuntie 7B P.O. Box 140 FI-02201 Espoo Finland POSITION RESPONSE TO THE COMMISSION S CONSULTATION OF ETS STATE AID GUIDELINES HT.582 1 (8) January 30 th 2012 FINANCIAL
More informationAgenda. 1. Introduction to the litchi industry 2. Recent trends 3. Future prospects 4. Major constraints
Agenda 1. Introduction to the litchi industry 2. Recent trends 3. Future prospects 4. Major constraints Agenda 1. Introduction to the litchi industry 2. Recent trends 3. Future prospects 4. Major constraints
More informationCOMMODITIES AND THE AfCFTA
COMMODITIES AND THE AfCFTA Presenter Janvier D. Nkurunziza Chief of Research and Analysis, Commodities Branch UNCTAD TRALAC Conference 22-23 March 2018, Kigali (Rwanda) Commodities and the AfCFTA Outline
More informationCommodity Outlook: September 2017 West Central Illinois: July 2017
Commodity Outlook: September 2017 West Central Illinois: July 2017 William George Senior Agriculture Economist U.S. Department of Agriculture Foreign Agriculture Service Office of Global Analysis Commodity
More informationCurrent Situation of Steel Supply and Demand in Japan
Current Situation of Steel Supply and Demand in Japan June 8, 2009 The Japan Iron and Steel Federation 1. The Current Japanese Economy 1. Macroeconomic Overview 2. Japan s Additional Economic Measures
More informationMaterials Pricing Report 30 November 2012
Materials Pricing Report 3 November 212 Market overview Recovered paper and board prices are broadly stable with slight increases in mixed paper and OCC grades. Demand from China is expected to remain
More informationSALE OF 0.5 MTPA MINI BLAST FURNACE COMPLEX. (Southeast Asia)
SALE OF 0.5 MTPA MINI BLAST FURNACE COMPLEX (Southeast Asia) 1 Executive Summary valuejunction, a business unit of mjunction (A SAIL Tata Steel joint venture) is appointed by a leading steel manufacturer
More informationReconciliation of produced grade and tonnage
Reconciliation of produced grade and tonnage 17 MAY 2016 VAUGHAN CHAMBERLAIN 1 Reconciliation of produced grade and tonnage Content Introduction Benefits in adopting a consistent approach and grade principals
More informationSALE OF 0.5 MTPA MINI BLAST FURNACE COMPLEX (Southeast Asia)
1 SALE OF 0.5 MTPA MINI BLAST FURNACE COMPLEX (Southeast Asia) 2 Executive Summary valuejunction, a business unit of mjunction (A SAIL Tata Steel joint venture) is appointed by a leading steel manufacturer
More informationWeekly Metal Macro Report
Weekly Metal Macro Report Issue 4 June 27, 218 Macro: the deprecation of yuan will continue The People s Bank of China said over the weekend it will lower the reserve requirement ratio (RRR) for 13 banks
More informationSony IR Day Mobile Communications Segment. Agenda. Hiroki Totoki. Mobile Communications Segment. November 25, 2014
November 25, 2014 Hiroki Totoki President & CEO Sony Mobile Communications Inc. Agenda 1. Business Overview 2. FY2014 Operating Performance 3. Market Trends 4. Mid-term Business Direction 23 1-1. FY2013
More informationVale - The Steel Industry s Partner of Choice. Roberto Gottschalk 22 nd International Iron Ore Symposium June 1 6 th, 2016
Vale - The Steel Industry s Partner of Choice Roberto Gottschalk 22 nd International Iron Ore Symposium June 1 6 th, 2016 Disclaimer This presentation may include declarations stating Vale s expectations
More informationUpdate on the Asian Wood Markets
Update on the Asian Wood Markets RISI North American Conference Boston, USA October 16 18, 2017 Bob Flynn Director, International Timber, RISI Copyright 2017 RISI, Inc. Proprietary Information Agenda Market
More informationLunch Session. Oil and Gas Security. Aad van Bohemen, IEA/Energy Policy and Security Division 6 March 2018 (APEC-OGSNF) IEA OECD/IEA 2017
Lunch Session Oil and Gas Security Aad van Bohemen, IEA/Energy Policy and Security Division 6 March 2018 (APEC-OGSNF) IEA Long-term Energy Markets Outlook Key takeaways from WEO 2017 India takes the lead,
More information