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AUTOMOTIVE INDUSTRY IN CHINA

2 août 2007

Chip prices now seen rising

Citigroup’s Glen Yeung now expects the average sales prices for semiconductors in the third quarter to increase by 5%-10%, rather than a previously expected 5%-10% decline. “Suggestions of recent rush orders to motherboard makers gives us confidence that...
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2 août 2007

Steel sheet prices still weak

The U.S. sheet steel market remains challenged due to lackluster demand from such key end markets as automotive and appliances, which are prolonging the long overdue drawdown on sheet inventories. There’s no argument from buyers, since 62% of those surveyed...
19 juillet 2007

Steel prices drop for third straight month

Steel sheet prices in North America have fallen for a third consecutive month and hot-rolled sheet in coil (HRC) may even be lower than the $520/ton July price forecast by Purchasingdata.com. Subscription-only CRU Steel Monitor says its “latest assessments...
19 juillet 2007

Aluminum price forecasts vary widely

Aluminum price forecasts vary widely
Bank and brokerage-based analysts generally agree that primary aluminum ingot will average $1.23/lb in world markets this year—up from the $1.16 average in 2006 on the London Metal Exchange But, there’s no consensus yet for the 2008 LME global price—with...
2 juillet 2007

Cobalt prices have slipped

Cobalt prices are falling back to earth after reaching a cyclical peak in April of $32.57/lb that was almost double the $16.70 average of 2006, lifted off by strong demand from the aerospace, commercial aircraft and industrial gas turbines sectors. Now,...
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20 juin 2007

Aluminum prices are poised to slide

Aluminum prices are poised to slide
The slight downward trend in aluminum prices persists. And, “from the fundamental, seasonal and technical standpoint (the predictable components of this market), aluminum prices should continue to head slightly lower,” forecasts Harbor Intelligence in...
29 mai 2007

JW Aluminum buys Coastal Aluminum

Aluminum sheet maker JW Aluminum is buying Coastal Aluminum Rolling Mill, which operates a rolling mill facility in Williamsport, Pa. Terms of the sale were not disclosed. This buyout comes on the heels of JW Aluminum buying Rollex Aluminum's rolling...
18 mai 2007

Aluminum demand is slipping

Aluminum demand is slipping
With the financial reporting season in full swing, the Metals Insider newsletter says there is a common theme emerging from US fabricators of aluminum products—reduced buying and inventory destocking caused by a 5% year-on-year decline in shipments. Data...
11 mai 2007

More diesel vehicles debut at Auto Shanghai 2007

On April 20, the 12th International Automobile & Manufacturing Technology Exhibition was held, attracting many automobile giants from both home and abroad to come to Shanghai New International Expo Center. Once walking into the exhibition hall, you will...
11 mai 2007

Domestic auto market presents new trends

Along with the booming of China's auto industry and the quick expansion of market scale, auto market in China is taking on six trends: internationalized development pattern, sustainable market growth, intensified competition, individualized consumption...
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