:quality(80)/images.vogel.de/vogelonline/bdb/1616200/1616240/original.jpg "The demographic dividend and growing consumer power make Southeast Asia a particularly fast growing and developing region in the global manufacturing industry.")
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/cdn4.vogel.de/infinity/white.jpg "The demographic dividend and growing consumer power make Southeast Asia a particularly fast growing and developing region in the global manufacturing industry.")
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Metal AP 2019
Focusing on Southeast Asia
Talent Award 2020
EUROGUSS Seeks Emerging Talent
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CHINA DIECASTING 2019 Enjoys Growth on All Fronts
:quality(80)/images.vogel.de/vogelonline/bdb/1612000/1612053/original.jpg "Graduates with a Bachelor's or Master's degree can win attractive prizes by taking part in the award.")
:quality(80)/images.vogel.de/vogelonline/bdb/1601900/1601929/original.jpg "China is the largest e-car market in the world in terms of unit numbers.")
:quality(80)/images.vogel.de/vogelonline/bdb/1614800/1614884/original.jpg "CHINA DIECASTING has become established as the leading trade fair for die casting in the Asian market.")
:quality(80)/images.vogel.de/vogelonline/bdb/1601900/1601925/original.jpg "Design-4AM uses the Siemens Digital Innovation Platform and Sonaca's experience in space applications, manufacturing characteristics, materials handling, testing and numerical methods to validate the process chain.")
:quality(80)/images.vogel.de/vogelonline/bdb/1615200/1615266/original.jpg "With the new products, Henkel wants to help aluminum processors cut costs and improve the sustainability of surface pretreatment.")
:quality(80)/images.vogel.de/vogelonline/bdb/1611200/1611243/original.jpg "High quality: Additively manufactured spare parts meet the demanding requirements that premium brands like Daimler Buses place on visible components.")
:quality(80)/images.vogel.de/vogelonline/bdb/1601900/1601977/original.jpg "The real model of a system of positioning units is complemented by digital twins.")
:quality(80)/images.vogel.de/vogelonline/bdb/1608200/1608242/original.jpg "Large plants from Germany were in demand outside the euro zone, but otherwise order intake in the mechanical engineering sector was rather gloomy.")
:quality(80)/images.vogel.de/vogelonline/bdb/1610100/1610113/original.jpg "With the \"InCeight Casting C8\" congress, those involved in the product life cycle of cast components come together for the first time.")
:quality(80)/images.vogel.de/vogelonline/bdb/1603000/1603021/original.jpg "From left to right: Dr. Georg Baumann and Peter Pühringer at the Robotics Award ceremony.
Baumann Automation is the technology leader in automation technology and deals with future-oriented tasks in industrial production such as autonomous driving, e-mobility, digitization or Industry 4.0.")
:quality(80)/images.vogel.de/vogelonline/bdb/1610200/1610299/original.jpg "The entire industry is digitizing, and this trend is not stopping at foundries either.")
Commodity Prices in December 2017
Global Commodity Prices Rise Again
World commodity prices rose by 7.4 % in November 2017. As a result of the stronger euro, the increase in domestic currency was slightly lower at 6.2 %. This was mainly due to higher energy and metal prices. The experts of Industriebank IKB published the charts in this picture gallery for a detailed quarterly overview.
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The experts at Industriebank IKB expect the Dollar-Euro exchange rate to move slightly above $ 1.15 during the first quarter of 2018.
The charts in this picture gallery show the developments of individual raw materials. The IKB experts explicitly point out that the price developments for metallic raw materials, other alloys and types of plastics may differ. In addition, the industrial bank observes major regional price deviations for some types of commodities.
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337181/original.jpg "World crude steel production: By the end of October 2017, world crude steel production had risen by 5.6 %. Growth was somewhat weaker in Europe (3.7 %) and North America (4.1 %). Experts expect an increase of over 4 % in 2017. This is mainly due to a base effect in China where production in illegal steel mills has been shut down and demand has moved to the official sector. IKB estimates the volume to be at around 100 million tons per year. In Germany, IKB Industriebank expects an output in excess of 43 million tons. Turkey has recorded a growth of 13 % since January, but this is difficult to verify. Domestic demand is driven by the automotive and construction industries. Import duties also continue to have a positive effect. Southern Europe ordinary steel continues to suffer from high imports.")
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337182/original.jpg "Development of steel prices: Although spot market prices for iron ore ex China remained largely stable on average, prices rose in the course of the month. The satisfying supply of ore hampers further price increases. Coke coal quotations increased by about $ 9/t. Following the increases of the previous months, world crude steel prices contracted slightly in the second half of November 2017. Within Europe, a reduction of 0.5 % compared to the October average was observed for hot-rolled wide strip. Despite stable zinc prices, galvanized sheet metal has fallen by 3.5 %. Wire rod remained largely stable on a monthly average. All in all, import duties have certainly helped the market somewhat, although some Eastern European suppliers tried to gain a stronger foothold. With regard to European steel prices, IKB still expects a slight decline (maximum -2 %) and prices should pick up again in February.")
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337183/original.jpg "Aluminium production: Worldwide primary aluminium production expanded by 2.8 % by the end of October 2017. IKB expects production in 2017 to reach 60 million tons. Within four months, Chinese production was 4.6 % above the previous year's level. This growth was also attributable to the rest of Asia (+ 13.6 %). Production remained stable in Europe and declined by around 2 % in North America. The overall market in 2017 is likely to register a small supply deficit. The worldwide demand for primary and recycled aluminium continues to be driven by the demand for lightweight construction in the automotive industry and the aviation industry. In addition, certain mechanical engineering sectors also relied on lightweight construction. The recovery of the construction industry in continental Europe and the packaging sector also stimulated demand.")
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337184/original.jpg "Aluminium Stock levels: The inventory levels of primary aluminium at LME have continued to decline: they now stand at 1.1 million tons. At SHFE, inventory levels have increased to around 694,000 tons, with a further 44,000 tons in Comex's warehouses. This means that there is still a good stock of supplies, even though there will likely be a small supply deficit in 2017. The LME stocks of recycled alloys account for only 12,100 tons. The inventory levels correspond to the total consumption (primary and recycled aluminium) during around 9.5 days. New capacities for recycled aluminium continue to secure supplies. By the end of the first quarter of 2018, IKB expects a further reduction in stocks of primary aluminium, the threshold of 1 million tons at LME is likely to be affected.")
This article was first published by Process.
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:quality(80)/images.vogel.de/vogelonline/bdb/1505500/1505575/original.jpg "The recycling industry’s value chain consists of collection systems, dismantling companies, metal dealers and scrap processors.")
:quality(80)/images.vogel.de/vogelonline/bdb/1466400/1466451/original.jpg "Despite all uncertainties, there are highly positive indications that, in all, 2018 will have been a good year for aluminum.")