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/1892400/1892429/original.jpg "New casting furnace: Hydro Sunndal increases the production capacity for the building and construction and automotive industries by 35,000 tonnes annually.")
:quality(80)/images.vogel.de/vogelonline/bdb/1886100/1886149/original.jpg "The excellent order situation in the machine engineering sector gives foundries a positive outlook for the future.")
:quality(80)/images.vogel.de/vogelonline/bdb/1884800/1884847/original.jpg "Compared with the previous year, orders in the machinery and plant engineering sector increased significantly, however the benchmark was very low.")
:quality(80)/images.vogel.de/vogelonline/bdb/1884200/1884225/original.jpg "Generally, the demand for cast parts is constantly growing in the automotive industry.")
:quality(80)/images.vogel.de/vogelonline/bdb/1890100/1890177/original.jpg "The researchers at Fraunhofer IWS use a multi-adsorption system to investigate the adsorption behavior of competing gases to find suitable filter substances.")
:quality(80)/images.vogel.de/vogelonline/bdb/1879700/1879786/original.jpg "At LKR, a test geometry has been developed that allows coupons and components to be tested from a single casting with minimal geometric influence.")
:quality(80)/images.vogel.de/vogelonline/bdb/1876600/1876648/original.jpg "Efficient integration of components, machines or systems into existing production lines or systems should thus become a long-term reality.")
:quality(80)/images.vogel.de/vogelonline/bdb/1877200/1877205/original.jpg "The robot cleans different components in minimum setup time. This is where intelligence meets power: the KR QUANTEC nano scores with its rigid kinematics and also measures vibrations.")
:quality(80)/images.vogel.de/vogelonline/bdb/1890400/1890459/original.jpg "The supplier industry faces significant problems following the semiconductor shortage.")
:quality(80)/images.vogel.de/vogelonline/bdb/1890300/1890336/original.jpg "The lower weight of fiber plastic composites and their possibility of integration offer a welcome opportunity to reduce costs.")
:quality(80)/images.vogel.de/vogelonline/bdb/1890200/1890226/original.jpg "Sustainability – Green Wave")
:quality(80)/images.vogel.de/vogelonline/bdb/1887500/1887576/original.jpg "EUROGUSS will open its doors again in January 2022.")
:quality(80)/images.vogel.de/vogelonline/bdb/1882100/1882187/original.jpg "Shifting the gears towards a more sustainable die casting industry: Join the discussion on 5.10.20221.")
:quality(80)/images.vogel.de/vogelonline/bdb/1856200/1856258/original.jpg "EUROGUSS 2022 that will take place from January 18-20, 2022, at the Exhibition Center Nuremberg.")
/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.")
