The C-Parts Revolution is here! We are transforming the market; stay tuned! Infinity Fasteners Keller & Kalmbach GmbH
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#ECSA #Handy rates keep falling as the tonnage count still seems quite rich and overcomes the needs of the spot/prompt cargo list https://lnkd.in/eNr-jxMe #shipping #globaltrade #logistics #drybulk #chartering
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HOT OFF THE PRESS: Welcome to your weekly roundup of the latest in fasteners—industry news, trends, upcoming events, and scholarships. Let's dive into this week's episode of In the News with Fastener News Desk!” Reporting the latest news making headlines the week of September 16, 2024 Watch now: https://lnkd.in/ecHiwKvA (8:33) #FastenerNews #Fasteners #FastenerDistribution #SupplyChain #3DPrinting #MRONetwork #INTHENEWS #DigitalInventory #AlwaysinStock
IN THE NEWS with Fastener News Desk the Week of September 16, 2024
https://www.youtube.com/
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FeV market unchanged ON JULY 17, 2024 BY ALICE AGOOS FeV prices are holding at $12.50-12.80 per lb in the US and slightly under $27 per kg in Europe. A US mill reportedly awarded an annal contract, starting on Oct. 1, 2024 for a total of 135,000 lb (three truckloads) of FeV at a fixed price, believed to be $12.50 per lb. Most sources thought the contract price was low, but they pointed out that the quantity was small enough that even if FeV prices start to rise In the coming year, the loss will not be great. Right now the gap between US and European prices is not large enough to justifying brining material from Europe to the US.
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Really strong GDT auction last night. Overall index up 4.8% and stronger demand from Middle Eastern buyers. The GDT index is now 16% above the 10 year average. Whole Milk Powder prices are up 13% on the 10 year average. Note costs are also higher over the last 10 years.
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The Atlantic Supramax dry bulk #market displayed steady and overall positive #cargo demand in the third quarter. This stability was attributed to balanced #SupplyAndDemand, although ton-mile demand began to erode. Dive deeper with S&P Global Commodity Insights: https://okt.to/bHw1YU
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Will you be attending the Scotland Manufacturing and Supply Chain Exhibition? We will have a team in attendance to talk to manufacturers about how we can reduce risk and total cost of ownership for fasteners and C-Class components. Whether it be through our supply chain capabilities that utilize global sourcing and onshore manufacturing, or our managed inventory solutions that prevent downtime, we have the solutions to solve your production related problems. Contact us to learn more about our services here: https://hubs.li/Q02V3FSR0 Also make sure to register using the link below if you haven’t done so already to not miss out on the exhibition! https://hubs.li/Q02V3t4J0 #Optimas #Fasteners #Manufacturing #SupplyChain #UKMFG
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Adaptiq LLC said last week that it had selected a site for its proposed aluminum billet facility in the US, with official details expected to be announced in the coming weeks. The company has previously said it is looking to locate the project in Ohio, and PerenniAL will serve as its exclusive sales and marketing partner. The proposed mill is said to be supported by increased demand for domestic and sustainable secondary aluminum billet over imported primary aluminum billet. US imports of primary billet in 2023 did fall to their lowest level since 2011, as seen below. You can read more here on this development and on other metal stories for S&P Global Commodity Insights: https://lnkd.in/edf6C2aZ #aluminum #aluminumbillet #sustainability #imports
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Whether you are a wholesaler or individual, our goal at Iron Wing is to make your next parts purchase the smoothest and easiest it can be. Check out this week’s blog that covers the various factors and tips to consider before purchasing from us as an international customer! ?? #export #international #heavytruck #heavyequipmentparts
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With the advancement of the downstream resumption of work after the holiday, the downstream seems to prefer to directly purchase aluminum billet with low absolute prices for replenishment, and the inventory and delivery performance of aluminum billet at the end of February is significantly better than that of aluminum ingots. However, in March, after the inflection point of aluminum billet inventory, despite the strong aluminum price, the processing fee of aluminum billet in various places still rose to varying degrees, which will suppress the downstream willingness to replenish the warehouse? SMM believes that the rapid rise in the absolute price of aluminum has a direct impact on the demand for aluminum billet, but after entering the first traditional peak season of the year, driven by the rigid demand of downstream production, the outbound performance of aluminum billet is expected to continue to be strong. SMM will pay close attention to the recovery of downstream consumption and the sustainability of aluminum billet destocking. #aluminum #aluminumbillet #inventory
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