Tag Archives: Industrial Supplies

Balli Steel Reports China Dominating Global Steel Market

Released on: October 23, 2009, 4:30 am
Author: Balli Steel
Industry: International Trade

Balli Steel, one of the world’s largest privately owned independent commodity traders, reports that China is expanding into the iron ore market and increasing its steel production capacity, against a backdrop of declining worldwide production.

Figures from the World Steel Association demonstrate that global steel production declined by 18.1% year-on-year in August 2009 to 758 million tonnes. In contrast, crude steel production in China increased by 5.4% over the same period. China now accounts for almost 49% of world steel production as well as approximately 50% of global consumption which equates to 1.5 million tonnes per day.

Balli Steel estimates that Chinese steel production already stands at over 400 million tonnes for the first 7 months of this year compared with 560 million tonnes during the whole of 2008 and only 200 million tonnes as recently as 2000. Domestic consumption of steel has also increased sharply in recent years from just 25% of global production 10 years ago to nearly half today. However, increased supply has enabled China to become one of the leading exporters of steel, joining the ranks of the EU and Japan, with exports exceeding 20 million tonnes.

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Balli Steel Expands Further Into Asian Steel Markets With The Appointment Of Gianpiero Repole

Released on: October 22, 2009, 6:58 am
Author: Balli Steel
Industry: Industrial

Balli Steel, one of the world’s largest privately owned independent commodity traders, has furthered its expansion plans into the Asian steel market with the appointment of Mr Gianpiero Repole as Business Development Director. Gianpiero joins Balli Steel from Noble Commodities where he held the position of Executive Vice President of Steel in Hong Kong.

Gianpiero’s appointment is part of a strategic move by Balli Steel to strengthen its operations in the increasingly significant Asian steel market with a specific focus on China which now accounts for approximately 50% of both world steel production and global consumption.

Gianpiero has pan-Asian experience of the steel market and an extensive network of contacts which spans the region. He will spend a considerable amount of time travelling across the company’s network of offices and will be constantly promoting the business in both established and new markets. Gianpiero will also focus on increasing Balli Steel’s share of the flatroll trading market and looking at ways of maximizing revenue across the company’s Asian operations.

Vahid Alaghband, Chairman of Balli Group, commented: “We are very pleased that Gianpiero has joined Balli Steel as his experience and contacts will be invaluable to us as we look to expand our trading operations across the Asian markets. We see a number of strong opportunities for Balli Steel in the region over the next 18 months and believe that we are now well positioned to capitalise on these prospects.”

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InnerSense Introduces a New Diagnostics Instrument for High Volume Semiconductor Manufacturing Environment

Released on: October 22, 2009, 3:36 am
Author: InnerSense Ltd.
Industry: Semiconductors

Ein Harod, ISRAEL, October 22, 2009 – InnerSense Ltd., a leading global developer and manufacturer of precision auto-diagnostics instruments for the semiconductors industry, introduced a new system for eliminating handling-related yield loss in 300mm wafer process tools running high volume production.

The new system, coined SMW2, consists of a 300mm wafer instrumented with sensitive three dimensional vibration sensors, and a “Smart FOUP™” that serves as a recharge and communication station, as well as a clean storage container. The “Smart FOUP” employs contact-less recharging and data transfer that enable the system to interface with standard robotic wafer handlers and be operated with minimal interruption to the production line.

Yigal Tomer, InnerSense’s Co-CEO, commented, “The new system is based on six years of excursion control experience. Built on our successful Smart Wafer technology, it brings to the high volume production environment the monitoring ability that has enabled predictive maintenance and statistical analysis of tool condition, previously available in engineering mode only.”

In addition to 3D vibration sensing and FOUP-based, contact-less reader/recharger station, the SMW2 features advanced analytical tools that facilitate troubleshooting, SPC-based trend identification and tool-to-tool comparison. These tools allow even untrained operators to use the system effectively to enhance the availability of expensive wafer process equipment.

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Balli Steel Warns Limited Credit Insurance Continues To Hamper Steel Market

Released on: October 14, 2009, 7:54 am
Author: Balli Steel
Industry: Industrial

Balli Steel has warned that the limited availability of credit insurance is continuing to have a serious impact on the global steel market. The current lack of credit insurance means that whilst the demand for steel has increased over the past quarter trading volumes have remained static.

Credit insurance is a critical element in the supply chain as it provides suppliers of raw materials with guarantees that outstanding balances will be paid in the event of a steel manufacturer failing. In turn, credit insurance also protects steel producers themselves in the event of manufacturers defaulting on contracts. Steel traders and distributors are also heavily reliant on this insurance to be able to buy and sell on the commodities market.

Nasser Alaghband, Director of Balli Steel commented: “The trade finance sector of the steel industry is heavily reliant on bank finance and credit insurance. In the past three months bank finance has returned to normal trading, however, insurers remain unwilling to provide business credit insurance. This bottleneck is crippling companies’ abilities to trade with each other and could have far reaching consequences across the European economy just as the first signs of economic recovery are presenting themselves.”

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Datacraft Solutions, Inc. Announces Strategic Partnership and New Multi-Year Corporate Contract with Danaher Corporation

Released on: August 18, 2009, 12:31 am
Author: Tony Diana
Industry: Small Business

Danaher Corporation looks to digital Kanban, or “consumption based replenishment” software to ensure that production flow meets customer demand.

(Durham, N.C.) Datacraft Solutions, Inc., the lean manufacturer’s partner for building cost-effective digital supply chain replenishment networks, has successfully completed the third installation of its lean manufacturing solution for the Washington, D.C.–based Danaher Corporation, a leading lean manufacturer and has finalized agreements to implement in three more facilities over the next three months.

Signum is an automated digital supply chain technology that reduces inventory levels, increases productivity, continually improves process flow and provides realtime, visual and collaborative communication in the supply chain. Signum is delivered securely over the Internet without the need to install and maintain complex, expensive software.

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New U.S. – China Trade and Investment Deal – Los Angeles & Shenzhen

Released on: August 14, 2009, 10:42 am
Author: China Mart Los Angeles
Industry: International Trade

August 13th, 2009, Shenzhen (Longgand District) China, China MartTM Los Angeles (www.ChinaMartUSA.com) and YiWu Mart (Shenzhen) signed a partnership to create a gateway for Chinese Manufactures to invest in China Mart’s business platform in Los Angeles, USA.

Representative’s from U.S. and Chinese government were present. Mr. Fu Xin Jiang, Shenzhen Deputy District Chief of Longgang District, Mr. Knight Chen, Shenzhen CCPIT Director (China Council for Promotion of International Trade http://english.ccpit.org), and Mr. Vance Baugham, Los Angeles County’s World Trade Center President spoke at the Ceremony and commended the Trade and Investment cooperation.

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China Mart Los Angeles Leads Trade Mission in China with Los Angeles County, MS&K, and Leading Companies

Released on: August 6, 2009, 6:59 am
Author: China Mart Los Angeles
Industry: International Trade

On August 5th, 2009, China MartTM Los Angeles (www.ChinaMartUSA.com) and its CEO, Mr. Stephen Perl will lead Los Angeles County’s World Trade Center, Los Angeles County Economic Development Corporation (LAEDC), and leading law firm, Mitchell Silberberg & Knupp on Investment Trade Mission through China (http://www.chinamartusa.com/0908.html). Investment Seminars/Events will be held in Shanghai, Guangzhou and Shenzhen over a 10 day period. Vance Baugham, World Trade Center –Los Angeles-Long Beach President, Stephen Perl, CEO of China MartTM Los Angeles and 1st PMF Bancorp (www.PMFbancorp.com), and Les Gold, Partner at MSK (www.MSK.com) are set to speak at the following events organized by China MartTM Los Angeles: the Shanghai Environmental Energy Exchange (SEEE) Event on Solar Power Investment in Los Angeles County, Guangzhou CCPIT Event on Chinese SMEs Investing in the U.S., and YiWu Mart (Shenzhen) in Shenzhen’s Longgand District on SMEs Investing in Los Angeles County.

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Development of Chinese Pig Leather Industry in 2009

Released on: July 28, 2009, 3:59 am
Author: Taili Leather Co., Ltd.
Industry: International Trade

Due to the financial crisis, the export of leather has not been doing very well this year. The export value has decreased for the first time over the last 10 years. Some Chinese tanneries have to cut cost or scale down their production in order to get through the crisis, waiting for a comeback of international market demand very soon. Pig leather industry is no exception. The production clusters have been shrinking and it is not hard to find some drums having stopped running for a while now.

Based on the analysis of our management team, we find some problems of the industry: 1.) Excess capacity of certain kind of pig leather; 2. ) Frequent foreign trade frictions of the industry; 3.) Product mix is too simple. Currently, some tanneries just produce one or two types of pig lining. They never think of upgrading their technology and producing value-added leather, such as vegetable-tanned leather.

Taili Leather Co., Ltd.– http://www.tailileather.com., has been aware of the above problems, trying to upgrade their overall technology and to extend their product range from pig lining, pig grain lining, pig split lining, pig grain lining and split rezined (glazed), pig suede and pig split suede to coated leather, embossed leather and so on. In the meantime, it managed to upgrade its technology and produce high quality vegetable-tanned leather. To avoid the risk from fluctuating market demand, Taili Leather Co., Ltd.extends their products range to leather belt, men’s belts, women’s belts, fashion belt, braided belt, cotton belt, ladies’ belts.

Most pig leather companies are labor intensive and highly depending on the export market. We are facing unprecedented challenges. As part of the pig leather industry, we should increase our competitive advantage with more know-how, try all the way to unite with each other and take full advantage of our resources, in order to fight against the hardship successfully.

Contact Details: http://www.tailileather.com
Taili Leather Co., Ltd.
Pingyang, Wenzhou, China
008657756993771
market@tailileather.com

Balli Steel Warns Russian Steel Market Continuing To Face Challenging Conditions

Released on: July 15, 2009, 12:42 am
Author: Alex Lawrie
Industry: Construction

Balli Steel, one of the world’s largest privately owned independent commodity traders, has warned that despite the bottoming out of the global steel market, the Russian market will continue to face challenging conditions for the next 12 to 18 months. Speaking at Metal Bulletin’s 7th Russian Steel Summit in Moscow, Nasser Alaghband, Director of Balli Steel, outlined that the strengthening Rouble and the impact of the annual Iron Ore negotiations could weaken the competitiveness of Russian producers.

According to Balli Steel, the Russian Steel market has undergone considerable growth and wide scale transformation over the past decade with gradual modernisation of plants and production facilities. Russia is able to take advantage of abundant natural resources and competitive labour costs to produce steel on the lower side of the cost curve and has established a strong position as the 4th largest producer of steel in the world.

Balli Steel highlighted that the downturn in global steel prices has not been easy for the majority of Russian producers to absorb, with many in the midst of extensive capital investment initiatives on plant modernisations and new acquisitions.

Steel consumption appears to be down by 40% year-on-year, with Russia’s largest steel company, Severstal, expecting domestic demand to fall by 25% in 2009. Balli Steel anticipates that domestic demand will remain low as the country heads towards its first recession for 10 years.

However until very recently the decline in domestic steel demand was offset by export growth, with the weak Rouble, which had declined by as much as 36% against the Dollar in the previous year, making Russian Steel an attractive proposition to importers. However, in the last month, the Rouble has undergone a substantial appreciation which has put considerable pressure on the export prices. The profit margins for many of the Russian Mills have begun to shrink, with most producers now operating at close to cost. As a result, any further strengthening of the Rouble would put increasing pressure on Russian steel exports.

Nasser Alaghband, Director of Balli Steel commented: “Global steel prices have shown signs of recovery in recent months. However, whilst price improvements have been promising, steel has not recovered as well as some precious metals or energy commodities. We believe that steel prices will increase further amidst the global economic revival, although the recovery will not be smooth or uniform and individual markets, such as Russia, will continue to react differently to both domestic and international factors.”

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About Balli:
Balli Steel is part of Balli Holdings, is a large private, multi-national corporation, chaired by Vahid Alaghband. The company is headquartered in London, but has offices in Dubai and other key business hubs around the world.

Balli was established in 1982 and operates a number of affiliated companies specialising in commodity trading, industrial, real estate and private equity with operations in over 20 countries. Together with its affiliated companies, Balli employs over 2,000 people worldwide.

Balli Steel is the company’s principal operating subsidiary, and is one of the largest independent traders of steel in the world. Balli Steel provides raw materials and steel to a number of market segments including steel mills, steel service centres, pipe and tube makers, the oil and gas industry and other designated end-user segments such as the packaging products industry.

The company’s real estate operations currently have are invested in a significant property portfolio comprised of over 900,000 sq ft of property under development with a Gross Development Value of some $800 million, and an additional 2 million sq ft and a GDV of almost $2.5 billion in the pipeline.

PR Contact:
Alex Lawrie
Balli
7 Hertford Street
Mayfair
London
W1J 7RH
020 7886 0304
www.balli.co.uk

Balli Steel Reports Enhanced Role For Steel In Construction Industry Despite Slowdown

Released on: July 15, 2009, 1:01 am
Author: Balli Steel
Industry: Industrial

Balli Steel, a leading international steel trader, has reported that despite the slowdown in the global economy, the role of steel in construction industry markets across the world will grow. Balli Steel highlight that this growth is due to a range of factors including environmental and recycling benefits, urbanisation, technological advances and the load bearing, high rise opportunities, safety and speed of construction benefits that steel provides.

Company forecasts indicate that global annualised steel production this year is to be 1.1 billion tonnes, with the construction industry being the largest end-user of steel, accounting for over 40% of total steel consumption.

Balli Steel calculate that the competitive cost gap between steel and concrete building frames is widening. A recent report by the British Constructional Steel Association (Q4 2008) showed a £22.22 per sqm advantage for steel frames over concrete, up from £12.10 per sqm in 1995.

Another advantage is that whilst steel has a higher embodied carbon value per tonne than concrete, a tonne of steel goes a lot further so steel structures generally have a lower carbon footprint than concrete ones.

Vahid Alaghband, Group Chairman of Balli Steel, said: “Whilst many people may often equate steel buildings and infrastructure schemes with super-high rise and large span structures, steel is also used extensively in small scale and low rise buildings. Steel is used throughout the construction industry and the building process, not just on mega projects.”

Balli Steel points to the global process of urbanisation as another factor driving the demand for new buildings, and therefore a demand for construction steel. The United Nation’s (UN) latest figures show that 50% of the world’s population live in urban areas. Over 3.2 billion people now live in cities, up from 732 million in 1950. The UN calculates that by 2050, over 6 billion people, 75% of humanity, will be living in towns and cities.

In the current ecologically aware times, steel is often favoured over other materials like wood and plastic. Nasser Alaghband, Managing Director of Balli steel commented: “The advantages of steel in the building construction process include strength, energy efficiency, design flexibility, fire resistance, speed of assembly, material cost advantage and less maintenance. The steel industry has been actively recycling for more than 150 years and it is becoming increasingly financially and environmentally advantageous to continue with this approach. It is cheaper to recycle steel than to mine iron ore and manipulate it through the production process to form new steel.”

Over 95% of structural steel beams and plates, used in building manufacture, are recycled, and similarly, other construction industry elements such as reinforced bars are recycled at a rate of around 65%. Balli highlight that the energy saved by recycling these large amounts of steel globally is enough to power 18 million homes around the world for one year.

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About Balli Holdings
Balli Holdings, is a large private, multi-national corporation, headquartered in London, but with offices in Dubai and other key business hubs around the world.
Balli was established in 1982 and operates a number of affiliated companies specialising in commodity trading, industrial, real estate and private equity with operations in over 20 countries. Together with its affiliated companies, Balli employ over 2,000 people worldwide.

Balli Steel is the company’s principal operating subsidiary, and is one of the largest independent steel trading companies in the world. Balli Steel provides raw materials and steel to a number of market segments including steel mills, steel service centres, pipe and tube makers, the oil and gas industry and other designated end user segments such as the packaging products industry.

For further press information contact:

Alex Lawrie
TTA Group
7 Hertford Street
Mayfair
London
W1J 7RH
020 7886 0300