Global Commodity Prices Rose Sharply Early This Year
Iron ore prices rose by a good $4 per month on average. In Europe, prices for hot-rolled wide strip (+1 %) and for galvanised sheets (+0.3 %) remained almost stable. On the other hand, wire rod saw an increase of 8 %. However, it is unlikely to maintain its level. Trend: By the end of Q1 2018, steel prices will move sideways and wire rod has potential for correction downwards. Slightly lower prices should result for scrap in February.
(Picture: siehe Grafik)
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:quality(80)/images.vogel.de/vogelonline/bdb/1745100/1745191/original.jpg "The negative development in operating earnings was chiefly due to the crisis-induced lack of sales in the second quarter of 2020.")
:quality(80)/images.vogel.de/vogelonline/bdb/1744900/1744927/original.jpg "The market for actuators is anticipated to grow at a fast pace.")
:quality(80)/images.vogel.de/vogelonline/bdb/1742100/1742148/original.jpg "The 3D printer VX4000 from voxeljet has a build envelope of 4000 x 2000 x 1000 mm.")
:quality(80)/images.vogel.de/vogelonline/bdb/1738200/1738250/original.jpg "This picture shows Rolf Philipp, Managing Director of the Aircraft Philipp Group (left) and Gerald Mayer, CEO of Amag Austria Metall AG (right) with the future logo of the joint company")
:quality(80)/images.vogel.de/vogelonline/bdb/1748500/1748503/original.jpg "The MetraSCAN BLACK dimensional metrology system has been developed to measure complex parts and assemblies from an array of industries and manufacturing processes.")
:quality(80)/images.vogel.de/vogelonline/bdb/1748100/1748157/original.jpg "Digital twin design process: Overview of the simulations.")
:quality(80)/images.vogel.de/vogelonline/bdb/1745500/1745523/original.jpg "The stationary filter unit is suitable for filtering medium quantities of welding fumes and dust at up to two workplaces simultaneously.")
:quality(80)/images.vogel.de/vogelonline/bdb/1744500/1744524/original.jpg "“Our experience so far shows massive value in leveraging AI to reduce waste and resource consumption, as well as to increase yield.”")
:quality(80)/images.vogel.de/vogelonline/bdb/1748200/1748270/original.jpg "New cooperation partners (from left to right). LMI: Dawid Ziebura, Sven Scheres, Steffen Stahlhacke, Prof. Dr.-Ing. Johannes Henrich Schleifenbaum & Kurtz Ersa: CEO Rainer Kurtz, Technical Director Victor Romanov, Managing Director Uwe Rothaug")
:quality(80)/images.vogel.de/vogelonline/bdb/1747100/1747163/original.jpg "Mechanical Engineering Industry expects a 17 % drop in production for the year 2020 as a whole.")
:quality(80)/images.vogel.de/vogelonline/bdb/1746000/1746042/original.jpg "“The metals industry has an important role to play in the fight against climate change. Trafigura is committed to facilitate the transition towards a sustainable aluminum supply chain,”")
:quality(80)/images.vogel.de/vogelonline/bdb/1735200/1735283/original.jpg "Brass - an alloy of zinc and copper - is used in almost all industrial sectors: In mechanical engineering, apparatus engineering and power station construction it is used for bearings, valves, synchronizer rings, pipes, turbines and blade wheels, in vehicle construction for car radiators and heat exchangers, in precision engineering and instrument construction for measuring and control devices and in electrical engineering and electronics for plug connections, clamp contacts and semiconductor connections.")
:quality(80)/images.vogel.de/vogelonline/bdb/1746900/1746979/original.jpg "The automotive industry and the mechanical and plant engineering sector are facing massive challenges. Thus, the foundry industry is also affected to a large extent.")
:quality(80)/images.vogel.de/vogelonline/bdb/1739500/1739590/original.jpg "China Diecasting 2022 in July was a successful relaunch for the die casting industry.")
/cdn4.vogel.de/infinity/white.jpg "Iron ore prices rose by a good $4 per month on average. In Europe, prices for hot-rolled wide strip (+1 %) and for galvanised sheets (+0.3 %) remained almost stable. On the other hand, wire rod saw an increase of 8 %. However, it is unlikely to maintain its level. Trend: By the end of Q1 2018, steel prices will move sideways and wire rod has potential for correction downwards. Slightly lower prices should result for scrap in February.")
