Category Archives: Materials

Study: Europe automotive headliners market revenues to witness a 7.5% CAGR through 2026

DUBLIN 2, Ireland, 16-Oct-2018 — /EPR INDUSTRIAL NEWS/ — The broader disruption in the automotive sector is rubbing off on the Europe automotive headliners market, as vehicle interior air quality (VIAQ) adds to the litany of factors that influence buyer behavior. The growing consumer emphasis on interior air quality isn’t lost on component suppliers and OEMs. Incorporation of low-VOC materials and modular designs is gaining ground in the US$ 6.5 million Europe automotive headliners market, according to Fact.MR’s new study.

The Fact.MR study maintains an optimistic long-term outlook on the automotive headliners market in Europe. The study projects revenues to witness a 7.5% CAGR through 2026, with Western Europe at the forefront of sales and innovation. The lucrativeness of Europe’s automotive headliners market is likely to create a fair share of opportunities, as well as challenges for OEMs and component suppliers in the region.

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Europe’s preeminence in the global automotive landscape is not limited to high production and exports alone – the region leads the way for enacting stringent emission regulations and their implementation. “Automotive headliner manufacturers can expect institutions like ACEA and VDA to focus inward, leading to stringency in VIAQ regulations,” says Nandini Roy Choudhury, Senior Consultant at Fact.MR. “Considering the fact that Europe exports a sizable number of vehicles to Asia Pacific, where most of the action is taking place, European OEMs and aftermarket suppliers also need to comply with the domestic regulations, such as the Guobiao and JAMA,” adds Ms. Roy

Growing Adoption of Low-VOC Materials in Manufacturing Automotive Headliners 

According to Fact.MR’s study, a combination of global and region-specific factors will influence Europe’s automotive OEMs and aftermarket players to invest in low-VOC components. The transition of headliners from a simple covering to an integrated platform for vehicle peripherals has created the need for design innovation. The challenge to improve VIAQ has also led to experimentation with new materials, ranging from thermosets to water-based adhesives.

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“The evolving consumer demand is multipronged – it is not going to impact only a specific set of players in the supply chain, but its effects are being felt across the spectrum. Unwavering focus on cabin air quality is driving adhesive companies to innovate, bringing recyclable and biodegradable raw materials to the forefront,” adds Ms. Roy.

Germany leads the Europe automotive headliners market, accounting for over one-fourth revenue share in 2017.

Players in Germany’s automotive headliner supply chain are reliant on the broader prospects of the automotive landscape, which has been encouraging in the last couple of years.

According to Germany’s Federal Motor Authority (KBA), Germany’s new car sales reached 3.44 million in 2017, witnessing an increase of 2.7% over the previous year. German headliner and adhesive manufacturers were also supported by positive momentum in Asia Pacific, where new car sales have created significant opportunities. “Germany is not only the leading production and sales market in Europe, but also a key exporter of cars and LCVs. We can expect Germany to take the lead in this new era of flexible, sustainable, and cost-effective headliners and other interior components,” opines Ms. Roy.

The European automotive headliner market may well be dominated by Germany, but France and UKclosely follow suit. The strength of the triumvirate can be gauged from the fact that these three markets collectively held a revenue share of over 65% in 2017. Automotive headliner sales in these three top markets are driven by encouraging sales in compact and mid-sized cars.

The design innovation and incorporation of new materials in headliners and interior parts manufacturing is likely to remain concentrated in the OEM landscape. “Aftermarket sales account for less than 30% share of the European automotive headliner market, so the onus is on OEMs to take the lead,” concludes Ms. Roy.

The report is available for direct purchase at

SOURCE: EuropaWire

Windings Inc Celebrates Five Years of Employee Ownership

Windings Inc; manufacturer of coil windings and custom and specialty motors and generators has been in business as a 100% employee owned company for over five years now. The anniversary date was December 31, 2013 but due to the busyness of the holiday season the company recently celebrated in February.

Being 100% ESOP, (Employee Stock Ownership Plan), has brought many positive changes to the Windings Inc. Culture and also to the growth of the business. Jerry Kauffman, President and CEO of Windings Inc, had this to say about the Employee Owners, “There is a great pride of ownership among our EO’s and an added level of engagement. They want to understand how the business works and they want to know how the business is doing. The intrinsic motivation makes an easy connection between the importance of the work put out by the EO’s; why it is important to them, and why it is important to the company.”

This genuine motivation does not go unnoticed by visitors of Windings Inc either. Customers routinely comment on the culture, and how the EO’s talk to them. They also mention that the employee owners are very knowledgeable and offer ideas on projects. It is evident to visitors and customers of Windings Inc that the employee owners enjoy their work and how they can contribute to their customers’ success.

Windings Inc. vision is to “grow the value of the enterprise while being remarkable”. The quality found in the stators, rotors, and motor/generators builds are the highest they can be because of the workmanship that goes into each unit. This hand craftsmanship also brings affordable pricing to the customer.

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Whaler Supply Leads the Way for Product Solutions in the Industrial and Commercial Markets

Company Overview
Whaler Supply is a great way to find the products that make your business run properly. They have built a unique business structure, which allows them to provide fantastic customer service without paying a premium price for the solutions your business requires. Whaler Supply has established partnerships with only the most respected manufacturers in the industry, such as 3M, Aware Ware and many more. These suppliers offer great warranties, return policies, fair prices and great customer service. The chosen partnerships are appropriate because they have proven to truly care and service the customer.

Whaler Supply has recently shifted their core business to better serve the industrial and commercial markets.

The industrial market focuses on selling goods and services to other businesses. Many of the products Whaler Supply is selling to other businesses are inputs to different end products. Without these inputs, other businesses operations would not be possible. As opposed to the industrial market, the commercial market focuses on selling goods and services to end-users. Many of these products can be used in a business or personal setting. Whaler Supply has actively worked over the past years reinventing product lines and market focus. This new approach has shown to be very successful and is the leading reason why Whaler Supply is a top player in the product solutions space.

Whaler Supply offers an array of products to suit any sized project. Regardless of the state of the economy, businesses are constantly expanding, maintaining and making strategic decisions to improve the financial and overall well being of various industries. They offer an array of categories consisting of matting and runners, personal protective equipment and traffic and pedestrian safety equipment. Some of these products include mats, hard hats and eye glasses for the workplace. Always check to find new specials, additional products and newly established partnerships with premier manufacturers.

Key Highlights
Whaler Supply is constantly innovating to provide the best business solutions in the industry. As previously mentioned, their website is full of information covering policies, a login account enabled privacy feature and product information. One of the most highlighted services they offer is the return policy and shipping information.

Return Policy
Not only are they an industry leader in the business product solutions area, but also offer one of the most reasonable and fair return policies in the industry. They offer eligible returns for up to one (1) year on product solutions. They offer product or credit refunds to your account. Returns are only contingent upon five (5) easy to follow guidelines: (1) All RMA forms are downloadable online, simply fill out and attach to the packing slip (2) The product must be unused and in the original packaging (3) You must provide prepaid shipping on the product, it will be refunded to you (4) The easy to complete RMA form is also to be emailed to Whalers Supply (5) No authorization is needed for returns

Delivery Information
Whaler Supply prides itself on providing premium products and services at reasonable prices. They have an established business partnership with the worldwide leader, FedEx, to provide safe, quick, and reasonable shipping costs. As is standard in the product solutions area, the shipping costs and times are all contingent upon the package weight. As previously mentioned, Whalers Supply has developed an innovative website including an account feature for customers pleasure. Orders can be placed, tracked, and cancelled online from the comfort of your business or home.

As previously mentioned, Whaler Supply prides themselves on the ability to offer some of the lowest prices from the most established businesses in the product solutions area. The return and delivery policies satisfactorily complement their overall business mission.

They have a newly updated website that highlights their mission, products and policies. You can now track your orders from start to finish, checkout faster than ever, automate reorder shipments and find specials and discounts with Whaler Supply online. The recent upgrade to the official Whaler Supply website has introduced the Trust Wave, trusted commerce, solution to improve order checking and payment processing. The products and services Whaler Supply offers are always available at reasonable prices paired with excellent customer service without the premium price tag.

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Lamp Post Extracts The Different Extractor Fan Options

Lamp Post Electrical have built a business supplying a range of good electrical equipment via the Internet at highly competitive prices. The range of their equipment lists is large and varied and represents the best options available for the standard electrical engineer. In the field of electrical extractor fans Lamp Post Electrical is pleased to be able to offer a selection of options, which can be chosen according to the application to which it is intended. In particular the Lamp Post Electrical company have a great range of Manrose bathroom extractor fans specially designed and built for bathroom, cloakroom and toilet use. These fans are all quiet in operation and are virtually silent to the rest of the room, if they make a noise there is something wrong with them.

Lamp Post are pleased to offer the Manrose XF 100PIR Extractor Fan specially built for bathrooms and toilets, this fan will operate on the entry of a person into the room and extract successfully until a fixed time after the exit of the person when a timer will automatically run for a fixed time after the persons exit. This will keep the bathroom extractor fan generally clean and dry and remove all uncomfortable smells as well as the steam from showers or baths. The only problem that the system may have is if copious amounts of wet washing are dried in the bathroom and the fan requires operating to remove the dampness, as the P I R system will have shut the system down long ago.

The Manrose WF 100mm Window Fan with Pullcord is a standard for Lamp Post Electrical as it is a basic fan which fits into the glass in the window where a hole has been cut and the extractor has been fitted. Extraction is simple and correct and the fan is turned on and off by means of a pullcord, this is a positive system that is cheap to install and will work effectively when power is turned on but is reliant on the power being turned on and off manually. Lamp Post realise this is a great extraction fan for use when problems occur and where manual operation is a sensible and secure way of removing the extraction problems. It is no use having a P I R system if the fan shuts down and leaves the problem unresolved.

The Manrose 4 inch Extractor fan with Humidstat – It is a great workhorse fan which can be fitted into the bathroom walls or ceiling so that the gases are extracted through a ducting to the outside of the building. The system works well and the built in Humidistat will keep the fan running when there is a humidity problem and just keep the fan going if a problem is detected.

Lamp Post – – is pleased with these options and each has its place as well as the low voltage extractor fan systems, which are now also coming into serious contention in the market place. However Lamp Post Electrical has stocked each system because there are personal choices that people wish to make and each of the systems will work better in a certain environments than some of the others.

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Tech2select Makes Manufacturing Data Viral

Tech2select is the most advanced technical industry portal for parts and components. It`s focused on detailed manufacturing information to provide a high level matching quality for buyers and suppliers. For suppliers Tech2select provides additional social media services from now on and supports the industry to increase visibility.

So, Tech2select reacts on an US longterm-study about Social Marketing, which shows very significant figures in the industry: 84% of the industry companies mean, that social media is very important for their business. 57% will use videos for their marketing activities in the future.

Tech2select reacts on this trend and provides social media services for suppliers to support them for increasing exposure and traffic. So company and manufacturing data become viral.

From now on company profiles can be shared on Twitter, Facebook and Delicious with a click. Additional the clickrates for the company profiles are published. So, online marketers can navigate and control the social media activities from their Tech2select company profile. For convincing buyers from the industry with additional emotions, marketers can publish a look-and-see video on Tech2select.

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New Analyzing Tool for sourcing foundries

To meet the requirements of industrial buyers, Tech2select developed a new analyzing tool for casting parts – sourcing of European and Asian supplier already possible.

Sourcing for new casting suppliers can be very time consuming, because casting is not casting. It depends on a catalogue of technical details, if a supplier fits or not. Especially normal searching machines offer a lot of information, but it lacks in a technical exact searching and matching tool.

The industry portal Tech2select launches a special analyzing tool for finding the exact foundry now. It is based on all the needed technical criterias, which buyers have to keep in mind: material, processes, machines, batches and quality measure methods. So the sourcing time for a casting part can be shortened.

At the moment, there are 300 foundries from Europe and Asia online, which can be sorted that way. They are offering various casting methods – from steel castings, grey castings to gravity die casting. So industry buyers find technical fitting castings very easy and time efficient.

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STAR Concrete Pumping Hires New General Manager

STAR Concrete Pumping Company is pleased to announce the promotion of Mr. Barclay Branch from Regional Sales Manager to General Manager. Mr. Branch is a native Houstonian with 22 years of experience in the concrete industry providing STAR with a wealth of practical experience as it continues its expansion into new and challenging markets. The responsibilities of the highly coveted leadership position include strategic planning, corporate team building, equipment delivery logistics, and organizational accountability, while focusing on improving company services, growth, and sustained profitability.

Since its acquisition by Abacus Financial [] in early 2011, STAR Concrete Pumping continues its pursuit as a national leader in the concrete delivery and placement services industry. Mr. Branch will champion the company’s rapid growth while continuing its transition into new industry technologies. STAR Concrete Pumping is the 3rd largest concrete delivery and placement service in the United States.

At STAR Concrete Pumping, Mr. Branch has served various leadership positions in sales, operations, and management, excelling in every field throughout the entire organization.

Upon acceptance of his new position, Mr. Branch stated, “I am humbled to have been selected to this leadership position of trust. It is my personal goal to further organize and develop STAR into America’s single source concrete placement provider, while pursuing the highest levels of professionalism and technology within the concrete pumping industry.” With Mr. Branch’s years of experience, leadership, and talents, STARmay now focus on capitalizing and sustaining its vertical growth success.

His passion for the industry started while working part time for his father Clair Branch at Hydro Conduit during summers throughout high school and college. In 1989, he relocated to Delaware to assist with the construction of Middletown Concrete Products and managed production of the small bore machine. He returned to Houston in 1993 and held various positions with increasing responsibility and developed a specialty in the concrete pumping industry. In 1998 he started Branch Concrete Pumping, LLC with Gary Nichols and Rusty Hicks and served as managing partner and General Manager until 2005.

Mr. Branch maintains strong ties with the local community, devoting personal time and precious resources to a variety of needed charities. He is a lifetime member of the Houston Livestock Show and Rodeo, a Vice Chairman on the Breeders Greeters Committee and Committeeman on the Speakers Committee with his wife Lauri. He is an avid horseman and enjoys riding with his daughter Shelby Claire.

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Singapore Options and Futures Exchange Announces New Copper Contract

A new contract was released to subscribers. This contract is for copper ore and the length and investment opportunity for subscribers is unique.

Singapore Options and Futures Exchange continues to expand its offerings of pre-sold commodities contract participations with the announcement today of a Copper Ore contract that has an approximate length of 100 days from inception to payout.

“We are excited about our new Copper Ore offering, not only because we have expanded into this potentially lucrative commodity, but also because we are continuing to lengthen our contracts, allowing us to maintain attractive risk-adjusted returns while increasing profitability” said Mr. Samuel D. Brown, SGOFX press officer.

The future holds that even more contracts will be available. From Coffee and Sugar; to Iron Ore and Copper Ore, SGOFX is working hard to offer investors a variety of investment opportunities so that they can realize a more varied investment opportunity.

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Balli Steel Reports European Steel Markets Cushioned From Price Correction By Weak Euro

Balli Steel, one of the world’s largest privately owned independent commodity traders, highlights that European steel markets have been cushioned from the effects of the recent downturn in global steel prices due to the weakening Euro. Balli Steel’s research shows that steel prices in US Dollars fell by approximately 20% between their peak in mid April and May 2010. However, the weakening of the Euro against the Dollar over the same period meant that the relative decline in steel prices was only 3.3% in the Eurozone.


The weakening of the Euro against the dollar has enabled steel producers in Eurozone markets to continue exporting steel for a longer period of time as well as discouraging domestic consumers from importing steel from elsewhere.

However, Balli Steel pointed out that the real demand for steel across the European market remains sluggish. With government spending both directly and indirectly impacting on steel demand, the widespread budget cuts and austerity measures being taken in countries such as Spain, Italy, Germany, France and the UK has led to a significant reduction in demand.

Nasser Alaghband, CEO of Balli Steel commented: “The weakening Euro has acted as a lifeline to European steel producers, making them more competitive to importers whilst being able to fight off competition from overseas. This trend may continue for some time, however, with falling demand there is a real need for production to be checked if prices are to be maintained. We have already seen a number of producers idle their mills in recent weeks and we expect this to pick up momentum, especially as the traditional summer holiday season approaches.”

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Balli Steel Reports Surge In Production Leads To Dramatic Fall In Chinese Steel Prices

Balli Steel, one of the world’s largest privately owned independent commodity traders, has highlighted that a surge in Chinese steel production since the beginning of 2010 has led to the recent dramatic decline in steel prices from their peak in early April.

Figures from the World Steel Association show that approximately 158 million tonnes of steel were produced in China during the first quarter of the year. In addition, steel production peaked at 55.4 million tonnes in April 2010, a 27% increase on April 2009, representing the highest amount of crude steel that China has ever produced in a single month.

This dramatic surge in production has led to a corresponding decline in steel prices over the past six weeks. In January 2010, Chinese steel prices were approximately $500 per tonne, rising to a peak of $700 per tonne in early April. However, overproduction has led to prices falling back to $550 per tonne by mid-May.

As China is by far the single largest steel producer in the world, accounting for approximately 47% of global production in 2009, this overproduction of steel and the corresponding decline in prices have had a significant effect on the global market.

Balli Steel emphasised that what happens next to the area’s steel prices will be dependant on how quickly China can cut its production and estimates that the country needs to reduce its output to approximately 40-45 million tonnes per month by July in order to maintain stable pricing.

Gianpiero Repole, Business Development Director of Balli Steel comments: “The Chinese steel market remains a strong prospect for the medium and long term with the country’s growing economic dominance in the region ensuring that there will be an ongoing demand for steel. What we are currently experiencing is short term timing difficulties with sharply rising prices at the beginning of the year leading to a surge in production, ultimately resulting in over production and falling prices.

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Balli Steel Reports BRIC Countries Driving Global Steel Market

Balli Steel, one of the world’s largest privately owned independent commodity traders, has reported that the BRIC countries (Brazil, Russia, India and China) are the driving force in the global steel market, thriving whilst more established markets and newer emerging economies struggle.

Balli Steel’s analysis of the World Steel Association’s crude steel production statistics demonstrates that the BRIC countries accounted for 58% of global steel production in 2009, with their market share more than doubling over a decade from 28% in 1999. In contrast, the established major economies of the USA and Japan saw their crude steel production levels decline by 40% and 7% respectively over the same ten year period.

Balli Steel highlighted that China is by far the single largest producer in the world, accounting for approximately 47% of global production in 2009, increasing from only 16% in 1999. However, this is not to underestimate the contribution of the other BRIC nations with Russia and India both contributing 5% each to global production and Brazil contributing 2%.

Balli Steel believes that this explosion in production has been triggered by significant industrialisation and economic growth in each of these countries. As one of the less mature BRIC economies, currently undertaking extensive infrastructure projects, India is still a net importer of steel, whilst the more developed Chinese and Russian economies are now net exporters. Brazil’s balance of steel trading is approximately equal.

Whilst the BRIC countries continue to grow, each overshadows its geographical neighbours. Struggling economies like Vietnam, South Korea and Thailand do not have the critical mass or capital required for significant internal investment projects which generate the need for raw materials and other commodities.

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Balli Steel Reports Global Steel Market Experiencing Sharp Rises Since Chinese New Year

Balli Steel, one of the world’s largest privately owned independent commodity traders, highlights that steel markets across the globe have experienced sharp price rises since mid- February 2010. The first six weeks of the year had seen a flat market with the majority of commentators believing that prices would most likely fall back to November 2009 levels, however conversely, prices started to rise sharply coinciding with Chinese New Year (14th February).

Balli Steel reports that the price has largely been driven upwards by restrictions in the availability of raw materials and by steel mills maintaining a tighter control over supply. Balli Steel anticipates that prices are likely to continue to rise in the short term, however, there is the possibility that the market may start to show signs of fatigue in the third quarter, especially if the steel mills fail to retain supply restrictions.

Balli Steel reports that prices have risen by approximately US $200 per tonne since the start of the year regardless of their base level, equating to increases of approximately 35-40%.

Nasser Alaghband, CEO of Balli Steel commented: “Contrary to the views of most commentators at the beginning of the year, we have seen a strong rally in steel prices over the past six weeks, albeit based on relatively thin trading volumes. We anticipate that prices are likely to grow more conservatively over the rest of the year, although prices may come under pressure in the third and fourth quarters if steel mills decide to increase production.”

Although steel prices have risen across the board, there remain significant regional market variations. The Chinese market remains key, accounting for significant global demand and over 50% of worldwide production, however despite surpluses, China has not been an aggressive exporter. Elsewhere in the Asian market, demand from India has also remained very strong with significant imports made in the first quarter of 2010.

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Dana Resources looking to Acquire Peruvian Silver Mines

Dana Resources (OTCBB: DANR) is a US-based precious metals development company with advanced stage gold and base metal properties in Peru. Management is pleased to announce progress on evaluating several potential silver acquisitions.

Dana Resources looking to Acquire Peruvian Silver Mines

Dana Resources is evaluating several opportunities in the silver sector in Peru. The company is looking for assets in production where it could make an investment in existing production situations to increase capacity to take advantage of current metal prices. The company is looking at three specific acquisitions.

Prospect one is a small scale Silver-Lead-Zinc mine. Dana believes with a minimum investment it could increase production from 50 tons per day to over 250 tons per day within 12 months time. Head grades are 25 oz/ton Ag, 7% Pb, 7% Zn and 2 grams/ton Au. Using the following numbers Dana could achieve the following cashflows.

Assuming an 80% recovery rate and a processing cost of $250 per ton, the company would be looking at an initial profit just under $6 million per annum on the initial 50 tons/day. Due diligence is ongoing.

Prospect number two is located in the Huancavelica Region. There is over 50 years of silver production in the area. The Huachocolpa Mine has produces approximately 25 million ounces of silver and the Julicani Mine produced approximately 80 million ounces. Major companies in the area include TSX listed companies Pan American Silver and Buenventura. Due diligence is ongoing.

Prospect three is an exploration project with several drill intercepts indicating a low-grade bulk tonnage deposit. Initial calculations by our geologist have indicated up to 30 million ounces of silver, although not in production yet, it could be brought into production in a short period of time with minimal capital expenditures.

The company continues with due diligence and hopes to conclude a transaction in the next several weeks.

Mr. Len DeMelt states, “Dana has implemented a plan to acquire producing precious metal assets in order to generate cashflows to leverage the current buoyant commodity prices. Our strategy is to acquire mines which initially require relatively small investments to increase production levels”.

About Dana Resources
Dana Resources is a precious and base metals exploration company with offices in the United States and Peru. Dana’s management team possesses local knowledge, extensive international connections, a wealth of experience and technical expertise in mining, mining finance, exploration and production. Dana Resources has acquired a portfolio of gold, silver and other precious & base metal properties located in Peru’s most prolific mining regions.

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Global Steel Recovery To Continue Into 2010

Balli Steel, one of the world’s largest privately owned independent commodity traders, anticipates that the global steel market will continue its recovery during 2010. Following a fall in apparent steel usage of approximately 15% in 2009, Balli Steel believes that usage could increase by up to 9% next year. However, consumption levels are unlikely to reach their 2007 peak until 2012 and recovery is liable to be driven by the Far Eastern markets, especially China, as European markets continue struggling.

Nasser Alaghband, Director of Balli Steel commented: “We are anticipating that the steel market will continue its recovery next year but growth is expected to be moderate and driven by emerging economies, with China’s influence continuing to be critical. There is a danger that consumption growth will not match the increased production capacity which has been created in recent years, which could lead to the possibility of oversupply.”

The economic downturn has severely affected demand for steel with apparent usage expected to fall by -32.6% in 2009 to 122 million metric tonnes*. This fall in consumption has led to a slowdown in production and Balli Steel estimates that many of the mills across Europe are operating at between 40% and 60% capacity.

The global recession has led to property downturns across the European Union resulting in an oversupply of both residential and commercial property which in turn has led to a significant slow down in construction. With the construction accounting for approximately 50% of global requirement, the property downturn has had a significant impact on the steel industry across Europe, particularly in Portugal, Italy, Ireland, Greece and Spain.

Projections from the World Steel Association suggest that steel usage across Europe could grow by up to 12.4% in 2010. However, Balli Steel believes the industry still faces a number of challenges with governments cutting spending on public sector and infrastructure projects.

Steel consumption in the Middle East has fallen at a slower rate than in Europe with usage falling by -9.8% in 2009 to 38,834 million metric tonnes*. The demand for construction steel has fallen across the UAE, but Dubai has been hit particularly hard due to a decline in the demand for property in the first quarter of the year. Balli Steel reports that construction steel demand in Saudi Arabia is likely to remain strong in the medium term as the country looks to develop good employment prospects for its population.

China continues to dominate both the Far Eastern and global steel trading markets accounting for almost 49% of world steel production as well as approximately 50% of global consumption equating to 1.5 million tonnes per day. There are signs of over production, but the Chinese government appears reluctant to instruct the steel mills to reduce supply. The result may be an increase in exports, despite existing trade tariffs, especially for galvanised steel.

India, has been largely sheltered from the global economic crisis but its steel market has remained relatively subdued. The country’s continuing economic expansion, combined with growth in domestic consumer demand and infrastructure projects should ensure that demand for steel in India will increase in the medium term.

Other smaller Asian markets are also showing signs of growth and recovery.

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China Dominates The Global Steel Market

Balli Steel, one of the world’s largest privately owned independent commodity traders, reports that China is expanding into the iron ore market and increasing its steel production capacity, against a backdrop of declining worldwide production.

Figures from the World Steel Association demonstrate that global steel production declined by 18.1% year-on-year in August 2009 to 758 million tonnes. In contrast, crude steel production in China increased by 5.4% over the same period. China now accounts for almost 49% of world steel production as well as approximately 50% of global consumption which equates to 1.5 million tonnes per day.

Balli Steel estimates that Chinese steel production already stands at over 400 million tonnes for the first 7 months of this year compared with 560 million tonnes during the whole of 2008 and only 200 million tonnes as recently as 2000. Domestic consumption of steel has also increased sharply in recent years from just 25% of global production 10 years ago to nearly half today. However, increased supply has enabled China to become one of the leading exporters of steel, joining the ranks of the EU and Japan, with exports exceeding 20 million tonnes.

Balli Steel highlights that three factors are currently driving China’s growing dominance in the global steel market. The first is the scale of domestic demand for both industrial and construction steel, which is currently evenly balanced, with the latter a reflection of the property boom in leading cities such as Shanghai, Beijing, Tianjin, Guanzho and Hong Kong. Real estate development grew by 10% in the first half of 2009 and automobile manufacturing grew by 16.4% during the same period resulting in increased demand for steel.

The second factor is that the depreciation of the US Dollar against the Yen and other world currencies is now reversing. In addition, other countries, such as Indonesia, are also seeing their currencies strengthen which is enabling their economies to stabilise adding to the demand for steel products.

The final driver is that the slight upturn in demand, combined with the fact that destocking has occurred, has led to an upward pressure on prices. Steel billet prices have risen from $300 per tonne two months ago to current levels of $450 per tonne.

Nasser Alaghband, Director of Balli Steel commented: “Both consumption and production of steel in China remains strong against a global backdrop of falling supply and continuing uncertainty in demand. China’s dominance of the global steel market is an indicator of the wider strength in the Asian market which has also seen an increase in production in other countries such as India and rising exports in Japan, albeit at lower levels than 2008.”

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Balli Steel Expands Further Into Asian Steel Markets With The Appointment Of Gianpiero Repole

Balli Steel, one of the world’s largest privately owned independent commodity traders, has furthered its expansion plans into the Asian steel market with the appointment of Mr Gianpiero Repole as Business Development Director. Gianpiero joins Balli Steel from Noble Commodities where he held the position of Executive Vice President of Steel in Hong Kong.

Gianpiero’s appointment is part of a strategic move by Balli Steel to strengthen its operations in the increasingly significant Asian steel market with a specific focus on China which now accounts for approximately 50% of both world steel production and global consumption.

Gianpiero has pan-Asian experience of the steel market and an extensive network of contacts which spans the region. He will spend a considerable amount of time travelling across the company’s network of offices and will be constantly promoting the business in both established and new markets. Gianpiero will also focus on increasing Balli Steel’s share of the flatroll trading market and looking at ways of maximizing revenue across the company’s Asian operations.

Vahid Alaghband, Chairman of Balli Group, commented: “We are very pleased that Gianpiero has joined Balli Steel as his experience and contacts will be invaluable to us as we look to expand our trading operations across the Asian markets. We see a number of strong opportunities for Balli Steel in the region over the next 18 months and believe that we are now well positioned to capitalise on these prospects.”

Gianpiero Repole commented: “My new role at Balli Steel is an exciting challenge, which brings with it countless opportunities to promote the company’s operations across Asia. My appointment coincides with a considerable strengthening in the Chinese steel market as both production and consumption levels continue to rise.”

Figures from the World Steel Association show that crude steel production in China increased by 5.4% year-on-year in August 2009, whilst global production declined by 18.1% over the same period.

Balli Steel estimates that Chinese steel production already stands at over 400 million tonnes in the first seven months of this year compared with 560 million tonnes during the whole of 2008 and only 200 million tonnes as recently as 2000. Increased supply has enabled China to become one of the leading exporters of steel, joining the ranks of the EU and Japan, with exports exceeding 20 million tonnes.

Nasser Alaghband, Director of Balli Steel commented: “The fortunes of the Asian and GCC steel markets have reversed over the past 20 years. In the 1990s and early 2000s the Middle East steel market was booming, however, now it is the Asian markets, led by China that has a dominant global position, whilst the Middle East markets remain subdued. We expect this trend to continue as the Chinese and Indian economies expand and we have already identified a number of key opportunities for Balli Steel across the region.”

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Industrial press releases

Couture Glass – Breaking New Ground In Large-Scale Glass Tile

GrayGlass with over 60 years of experience in the architectural and technical glass fields has spun-off a new company to enter the glass tile industry. GrayGlass recognizing the current economic environment has invested in this new venture to bring style and value to homeowners, builders and remodelers.

Couture Glass is breaking new ground in wall coverings with their remarkably affordable, high style glass tile. Their exquisite large-scale glass tile – Verre Tile has made quite a global impact with tile distributors, architects and designers. Couture Glass debut offerings includes an elegant collection of 3-D large-scale glass tile in sizes ranging f r o m 6″x 12″ to 18”x 24” in a palette of 12 colors f r o m subtle to spectacular and numerous dramatic textures which will compliment any room.

Light dances on the surface of the Riche pattern to create a range of hues f r o m the base color. This dynamic tile will reflect a myriad effect at different times of the day based on how light enters the room and strikes the wall.

Vogue will take your breath away with its multi-dimensional depth that incorporates softness, luxury and beauty. A distinctive feature of this tile is its ‘movement’, which mimics gentle winds caressing sand.

Luxe blankets walls with a gorgeous light-catching bristle effect that glistens and changes color. This eye-catching tile resembles luxurious fur and is a brilliant choice for anyone interested in adorning their walls with elegance.

Feeling reflective? Create the expansion of space while livening up your walls with this modern, versatile mirror tile available in our entire collection of 3-D VerreTile patterns.

This superior quality, TCNA tested, eco-friendly, high style glass tile collection has been created by our design experts with cutting edge tile trends in mind. This combination of style and function will appeal to traditional and modern taste alike. We are extremely sensitive to the current economic times, therefore, we are committed to deliver glass tile with excellent value and durability at a competitive price point that responds to consumer concerns and demands. Private label projects are welcome. Please visit our website to see our stunning collection of glass tile. For more information about Verre Tile by Couture Glass, visit or contact Jennifer Wichard or Chris Vigianno.

Via EPR Network
Industrial press releases

Limited Credit Insurance Continues To Hamper Steel Market

Balli Steel has warned that the limited availability of credit insurance is continuing to have a serious impact on the global steel market. The current lack of credit insurance means that whilst the demand for steel has increased over the past quarter trading volumes have remained static.

Credit insurance is a critical element in the supply chain as it provides suppliers of raw materials with guarantees that outstanding balances will be paid in the event of a steel manufacturer failing. In turn, credit insurance also protects steel producers themselves in the event of manufacturers defaulting on contracts. Steel traders and distributors are also heavily reliant on this insurance to be able to buy and sell on the commodities market.

Nasser Alaghband, Director of Balli Steel commented: “The trade finance sector of the steel industry is heavily reliant on bank finance and credit insurance. In the past three months bank finance has returned to normal trading, however, insurers remain unwilling to provide business credit insurance. This bottleneck is crippling companies’ abilities to trade with each other and could have far reaching consequences across the European economy just as the first signs of economic recovery are presenting themselves.”

Balli Steel highlights that this is an industry wide issue affecting even the largest organisations. For example in February 2009, Euler Hermes reduced the amount of cover it was willing to supply to Corus, the UK’s largest steel manufacturer, due to weakening global demand for steel.

Balli Steel highlights that as the banking crisis unfolded during 2007 and 2008, central banks stepped in to provide liquidity in the markets and eventually brought stability to the system. However, with the exception of AIG in the United States, insurers have not received the same level of assistance from Government and this is having a considerable impact on the sector.

Balli Steel believes that governments and central banks should assist in providing guarantees in the re-insurance market to provide the confidence to enable insurers to provide the necessary cover. If necessary, governments should be willing to become shareholders in institutions which require financial assistance.

Nasser Alaghband, continued: “The restoration of free flowing credit insurance market is essential for normal trading in steel to be resumed. We have first hand experience of European steel distributors being unable to complete deals worth several hundred thousand pounds due to a lack of available insurance. This is brining paralysis to certain sections of the steel market and is hampering economic recovery. We therefore believe where necessary governments and central banks should be willing to underwrite insurers to ensure business can resume.”

Via EPR Network
Industrial press releases

The Chinese Pig Leather Industry in 2009

Due to the financial crisis, the export of leather has not been doing very well this year. The export value has decreased for the first time over the last 10 years. Some Chinese tanneries have to cut cost or scale down their production in order to get through the crisis, waiting for a comeback of international market demand very soon.

Pig leather industry is no exception. The production clusters have been shrinking and it is not hard to find some drums having stopped running for a while now.

Based on the analysis of our management team, we find some problems of the industry: 1) Excess capacity of certain kind of pig leather; 2) Frequent foreign trade frictions of the industry; 3) Product mix is too simple. Currently, some tanneries just produce one or two types of pig lining. They never think of upgrading their technology and producing value-added leather, such as vegetable-tanned leather.

Taili Leather Co., Ltd. has been aware of the above problems, trying to upgrade their overall technology and to extend their product range from pig lining, pig grain lining, pig split lining, pig grain lining and split rezined (glazed), pig suede and pig split suede to coated leather, embossed leather and so on. In the meantime, it managed to upgrade its technology and produce high quality vegetable-tanned leather. To avoid the risk from fluctuating market demand, Taili Leather Co., Ltd. extends their products range to leather belt, men’s belts, women’s belts, fashion belt, braided belt, cotton belt, ladies’ belts.

Most pig leather companies are labor intensive and highly depending on the export market. We are facing unprecedented challenges. As part of the pig leather industry, we should increase our competitive advantage with more know-how, try all the way to unite with each other and take full advantage of our resources, in order to fight against the hardship successfully.

Via EPR Network
Industrial press releases

Balli Steel Warns Russian Steel Market Continuing To Face Challenging Conditions

Balli Steel, one of the world’s largest privately owned independent commodity traders, has warned that despite the bottoming out of the global steel market, the Russian market will continue to face challenging conditions for the next 12 to 18 months. Speaking at Metal Bulletin’s 7th Russian Steel Summit in Moscow, Nasser Alaghband, Director of Balli Steel, outlined that the strengthening Rouble and the impact of the annual Iron Ore negotiations could weaken the competitiveness of Russian producers.


According to Balli Steel, the Russian Steel market has undergone considerable growth and wide scale transformation over the past decade with gradual modernisation of plants and production facilities. Russia is able to take advantage of abundant natural resources and competitive labour costs to produce steel on the lower side of the cost curve and has established a strong position as the 4th largest producer of steel in the world.

Balli Steel highlighted that the downturn in global steel prices has not been easy for the majority of Russian producers to absorb, with many in the midst of extensive capital investment initiatives on plant modernisations and new acquisitions.

Steel consumption appears to be down by 40% year-on-year, with Russia’s largest steel company, Severstal, expecting domestic demand to fall by 25% in 2009. Balli Steel anticipates that domestic demand will remain low as the country heads towards its first recession for 10 years.

However until very recently the decline in domestic steel demand was offset by export growth, with the weak Rouble, which had declined by as much as 36% against the Dollar in the previous year, making Russian Steel an attractive proposition to importers. However, in the last month, the Rouble has undergone a substantial appreciation which has put considerable pressure on the export prices. The profit margins for many of the Russian Mills have begun to shrink, with most producers now operating at close to cost. As a result, any further strengthening of the Rouble would put increasing pressure on Russian steel exports.

Nasser Alaghband, Director of Balli Steel commented: “Global steel prices have shown signs of recovery in recent months. However, whilst price improvements have been promising, steel has not recovered as well as some precious metals or energy commodities. We believe that steel prices will increase further amidst the global economic revival, although the recovery will not be smooth or uniform and individual markets, such as Russia, will continue to react differently to both domestic and international factors.”

About Balli:
Balli Steel is part of Balli Holdings, is a large private, multi-national corporation, chaired by Vahid Alaghband. The company is headquartered in London, but has offices in Dubai and other key business hubs around the world.

Balli was established in 1982 and operates a number of affiliated companies specialising in commodity trading, industrial, real estate and private equity with operations in over 20 countries. Together with its affiliated companies, Balli employs over 2,000 people worldwide.

Balli Steel is the company’s principal operating subsidiary, and is one of the largest independent traders of steel in the world. Balli Steel provides raw materials and steel to a number of market segments including steel mills, steel service centres, pipe and tube makers, the oil and gas industry and other designated end-user segments such as the packaging products industry.

The company’s real estate operations currently have are invested in a significant property portfolio comprised of over 900,000 sq ft of property under development with a Gross Development Value of some $800 million, and an additional 2 million sq ft and a GDV of almost $2.5 billion in the pipeline.

Via EPR Network
Industrial press releases