Hot on the heels of our previous articles covering the copper market this month we are finding a lot of conflicting data floating around, some of which is bullish for the copper price some of which is not. Earlier this week we covered the SRB purchases, the production surplus for 2008 and Standard Bank’s expected [...]
Image credit: Sonrisa Furniture One person’s weathered metal desk is another’s treasure. The one above, with great distressed patina, was possibly used at a military base, according to the description given in the catalog from Los Angeles-based Sonrisa Furniture, which specializes in vintage steel desks and retro office furniture. Called a GF tanker desk, it [...]
An apparently encouraging article appeared in GlobalAutoIndustry this week reporting that US domestic die casters were seeing a rising trend of parts which had historically been made offshore being brought back to the US. The article credited the trend to three main reasons; concerns about part quality, customer-supplier proximity and overseas logistics. We would not [...]
The timing could be said to stink as China launched it’s first steel futures contract last week on a trial basis with transactions to go live on the March 27th according to CNBC. The market price has dropped dramatically since last year but more importantly so has tonnage and with it the industry’s confidence ” [...]
All things being equal, if Washington enacts climate change legislation, specifically a cap and trade system or carbon taxes, the US should impose an import tax on Chinese producers (assuming China does not address greenhouse gas emissions) to level the playing field right? It’s sort of like saying, okay, I’ll run against you in a [...]
Alcoa, once the darling of the aluminum world is in trouble. The firm’s credit rating has been systematically reduced by the ratings agencies such that S&P and Moody’s have the firm on watch for a further downgrade if their fortunes do not improve. For the first time since 1983, the company is cutting it’s quarterly [...]
We make no apology for covering several developments in alternative or renewable energy over the last few months. Though we question the ability of renewable energy to be a significant provider of power in the US for many years, possibly decades to come, there is no question that there is a great deal of interest [...]
Type in the words Li-ion batteries and you will find a series of articles all leading to this one written by John Petersen and published in Seeking Alpha on March 23. And the subject of the article is fascinating: How Cheap Beat Cool in the Chevy Volt. By cheap, the author refers to the fact [...]
