The “U.S. Industrial Casting Market 2021-2025″ report has been added to ResearchAndMarkets.com’s products.
The US industrial castings market is expected to grow by US$3.87 billion between 2021 and 2025, growing at a compound annual growth rate of more than 5% during the forecast period.
The market is driven by the growth in demand from the automotive industry and the growth in demand for cast iron from the renewable energy industry.
The report on the US industrial castings market provides comprehensive analysis, market size and forecasts, trends, growth drivers and challenges, and supplier analysis covering approximately 25 suppliers. The report provides the latest analysis on the current US market situation, the latest trends and driving factors, and the overall market environment. The industrial casting market analyzed in the United States includes product segmentation and end-user segmentation.
This study shows that the increased use of simulation-based castings is one of the main reasons driving the growth of the US industrial castings market in the next few years.
The publisher’s powerful supplier analysis is designed to help customers improve their market position. At the same time, this report analyzes in detail several leading industrial casting markets among US suppliers, including Alcoa Corp. and Avalon Precision Casting (Avalon Precision Casting), ESCO (ESCO Corp.), Great Lakes Casting Co., Ltd., Impro Precision Industry Co., Ltd., KSB SE and Co.KGaA, Meridian Lightweight Technology Corporation, Neenah Foundry, OSCO Industries and Titanium Metal company.
In addition, the US industrial foundry market analysis report also contains information about future trends and challenges that will affect market growth. This is to help the company develop strategies and take advantage of all upcoming growth opportunities.
This research was conducted using an objective combination of primary and secondary information, including input from major industry players. In addition to analyzing the main suppliers, the report also contains a comprehensive market and supplier profile.
(Bloomberg)-The commissioning of BHP Billiton’s A$3.6 billion South Flank project in Australia-together with the existing operations of the plant-will create the world’s largest iron ore hub. The trading price of iron ore futures fell below US$200 per ton after the cabinet of China called for strengthening the supervision of the commodity market and protecting consumers from the impact of soaring prices. Shaw & Partners Ltd. mining analyst Peter O’Connor said that although South Flank is an alternative mine, the announcement of a large mine to put into production may increase negative market comments in the short term. Due to inflation concerns, the Beijing authorities continue to try to lower their jaws and keep prices at a lower level. China’s cabinet on Wednesday expressed concern about price increases for the second consecutive week, calling for more measures to curb “unreasonable” increases and prevent any impact on consumer prices. At the meeting chaired by Premier Li Keqiang, he also called for cracking down on speculation and accumulation. In this context, China’s steel profit margins have been compressed, and Bruce Lee tried to lower commodity prices, “it overwhelmed this statement, rather than really weighing the market.” O’Connor said. “But when you encounter this extreme situation, subjective narrative may become a key driving factor.” South Flank was built to replace the consuming Yandi mine, and together with the existing C mine, will become an annual hub . The annual output is 145 million tons. Higher-quality products from South Flank will also increase the average iron ore grade in BHP Billiton’s Pilbara business. O’Connor said that in the short term, BHP Billiton’s ore exports may be squeezed because South Flank and Yandi operate in tandem, although the overall actual impact on the market may be small, O’Connor said. There are 80 million tons a year in South Flank, which is comparable to Yandi, at a time when major exporters such as Australia and Brazil are facing challenges in meeting the strong demand from Chinese steel mills. According to Bloomberg Intelligence data, in April, Pilbara’s shipments fell by 6% compared to the same period last year, while Brazil’s exports were flat. BHP Billiton’s current guidelines are for annual production within its high-end range of 276-286 million tons. Bloomberg (Bloomberg.com) provides more stories of this kind, please subscribe now to stay ahead of the most trusted business news source. ©2021 Bloomberg LP
(Reuters)-Halliburton Co. shareholders voted against the executive compensation plan proposed by the oilfield service provider in an advisory resolution on Thursday. Halliburton CEO Jeff Miller said the company was “disappointed by the shareholder advisory vote.” Despite the challenges posed by the coronavirus pandemic and the imbalance between supply and demand in the oil market, the company is still ahead of its peers in shareholder returns. aspect. Halliburton did not provide voting records.
(Bloomberg)-The founder of billionaire KE Holdings Inc. passed away due to an unknown illness. This is a shocking development for a Chinese real estate company that has made its debut in the strongest market in the United States in 2020. His company said in a statement that Baker, from “a chain of real estate offices across the country to China’s largest housing transaction and service platform”, died on May 20 due to “unexpected illness worsening.” The board of directors of KE Holdings will announce the follow-up arrangements within two weeks. The 50-year-old Zuo has always been the driving force of the company’s success. He became a wake-up call ceremony when he went public and held the company with 81.1% of the shares. Of voting shares. According to its annual report, as of the end of February, it had a two-tier voting structure. On Thursday, the company’s American Depositary Receipts in New York fell 0.8% to $49.85, after falling nearly 10% before it was backed by some of Asia’s most influential start-up investors, including High Hill Capital Group and Tencent Holdings. Co., Ltd., at the top of the list. SoftBank Group’s most successful bet. According to the Bloomberg Billionaires’ Index, KE Holdings almost doubled when it debuted in the United States in August, bringing Jozo Wharton’s fortune to more than $20 billion at one time, making it the richest company in the world The share price is up 151% from New York. It made its debut before the close on Wednesday, bringing the late chairman’s net worth to $14.8 billion. In an interview with CCTV in April, he underestimated the significance and wealth of the IPO. “Why should I be excited?” he said, wearing jeans, a dark blue vest and black sneakers. Read more: The founder of a Chinese real estate website without any profit worth 20 billion US dollars. Mr. Zuo was born in Shaanxi Province in 1971, graduated from Beijing University of Chemical Technology in 1992 with a bachelor’s degree, and then went into sales and established his own the company. According to local media reports, this is his first fortune. Then, he established Beijing Lianjia Real Estate Brokerage Co., Ltd. in 2001, when China’s real estate market was relatively young. He founded Ziroom in 2011 to provide long-term apartment rentals. He founded KE in 2018 and founded Beike, becoming one of the country’s most famous entrepreneurs. Beike uses artificial intelligence and big data to improve its services and provide market insights. As of June, the company had 226 million households on its platform and 39 million monthly active users on mobile devices. The platform adds more than 48 million mobile active users and 500,000 agents every month. The platform also attracts others by allowing decorators, decorators and financial institutions to connect with buyers and create an ecosystem of real estate and related products. The price is in the third paragraph) More similar stories are available on Bloomberg.com. Subscribe now to maintain the leading position of the most trusted business news source. ©2021 Bloomberg LP
(Bloomberg)-The founder of billionaire KE Holdings Inc. passed away due to an unknown illness. This is a shocking development for a Chinese real estate company that has made its debut in the strongest market in the United States in 2020. His company said in a statement that Baker, from “a chain of real estate offices across the country to China’s largest housing transaction and service platform”, died on May 20 due to “unexpected illness worsening.” The board of directors of KE Holdings will announce the follow-up arrangements within two weeks. The 50-year-old Zuo has always been the driving force of the company’s success. He became a wake-up call ceremony when he went public and held the company with 81.1% of the shares. Of voting shares. According to its annual report, as of the end of February, it had a two-tier voting structure. On Thursday, the company’s American Depositary Receipts in New York fell 0.8% to $49.85, after falling nearly 10% before it was backed by some of Asia’s most influential start-up investors, including High Hill Capital Group and Tencent Holdings. Co., Ltd., at the top of the list. SoftBank Group’s most successful bet. According to the Bloomberg Billionaires’ Index, KE Holdings almost doubled when it debuted in the United States in August, bringing Jozo Wharton’s fortune to more than $20 billion at one time, making it the richest company in the world The share price is up 151% from New York. It made its debut before the close on Wednesday, bringing the late chairman’s net worth to $14.8 billion. In an interview with CCTV in April, he underestimated the significance and wealth of the IPO. “Why should I be excited?” he said, wearing jeans, a dark blue vest and black sneakers. Read more: The founder of a Chinese real estate website without any profit worth 20 billion US dollars. Mr. Zuo was born in Shaanxi Province in 1971, graduated from Beijing University of Chemical Technology in 1992 with a bachelor’s degree, and then went into sales and established his own the company. According to local media reports, this is his first fortune. Then, he established Beijing Lianjia Real Estate Brokerage Co., Ltd. in 2001, when China’s real estate market was relatively young. He founded Ziroom in 2011 to provide long-term apartment rentals. He founded KE in 2018 and founded Beike, becoming one of the country’s most famous entrepreneurs. Beike uses artificial intelligence and big data to improve its services and provide market insights. As of June, the company had 226 million households on its platform and 39 million monthly active users on mobile devices. The platform adds more than 48 million mobile active users and 500,000 agents every month. The platform also attracts others by allowing decorators, decorators and financial institutions to connect with buyers and create an ecosystem of real estate and related products. The price is in the third paragraph) More similar stories are available on Bloomberg.com. Subscribe now to maintain the leading position of the most trusted business news source. ©2021 Bloomberg LP
After three days of decline, Wall Street’s major stock indexes regained their footing on Thursday, driven by rising technology stocks. This is the smallest weekly increase in the number of first jobless claims since the recession triggered by the pandemic. Raised people’s emotions. Shares of cryptocurrency exchange operator Coinbase Global, cryptocurrency miners Riot Blockchain and Marathon Digital Holdings rose. Jay Hatfield (Jay Hatfield), founder and CEO of New York Infrastructure Capital Management, said: “Cryptocurrency has huge risks, regulatory risks, and people are not fully aware of this.
Ford Motor Company and South Korean battery manufacturer SK Innovation announced on Thursday that they will form a battery joint venture in North America to support the launch of the second largest electric car manufacturer in the United States. The two companies stated that they have signed a memorandum of understanding to establish a joint venture BlueOvalSK. Reuters reported on Wednesday the plans for the joint venture.
As Bitcoin plummeted, analysts have been betting on Bitcoin, noting unfavorable factors and issues that may hinder the rise in Bitcoin adoption.
Gold fell 0.1% this morning as it traded within yesterday’s daily range. What about other precious metals?
Some advisers have been telling clients to treat cryptocurrencies as speculative assets, and the current volatility highlights this.
Wall Street is trying to strike a balance between optimism about economic recovery and the erosion of economic growth.
The sharp sell-off in the cryptocurrency market in the past few days was caused by a series of negative macros. Reports from Elon Musk claim that China is excluding cryptocurrencies from the financial system, but recent reports show that cryptocurrency exchanges have largely promoted the development of cryptocurrencies. There was shock price fluctuations on Wednesday.
(Bloomberg)-Supply Line is a daily newsletter that tracks trade and supply chains that have been disrupted by the pandemic. Japan’s exports have jumped again, increasing by more than one-third in April from last year’s depressing levels. The reason is that the recovery of global trade provides the necessary impetus for economic growth, and the economy is stagnating due to the new coronavirus wave. domestic. Data released by the Ministry of Finance of Japan on Thursday showed that shipments have contributed to a 38% year-on-year growth in exports from Japan, exceeding all forecasts among the 26 analysts surveyed. The consensus is an increase of 30.8%. Although the data is based on a comparison with the bad data in 2020, the view on export intensity is somewhat exaggerated, but the report still shows a rebound in trade-which is a major positive for the global economy and Japan. Compared with 2019, shipments increased by nearly 8%. Another report in March showed that Japanese machinery orders are the main indicator of capital expenditure, which has increased from the previous month. Vaccines are slow to drive. Last quarter’s weak consumer spending and business investment led to a more-than-expected contraction in GDP and increased the risk of a second dip in recession. Last month’s trade growth showed that the world economy was generally recovering. Ministry officials said that since 2010, exports to the United States and Asia have increased the most, and since 1980, exports to the European Union have increased the most. “Demand itself is very strong, driven by exports from the United States and China.” Sumitomo Life Insurance Co. added that the bottleneck in semiconductor supply may slow the growth in the next few months. “‘I expect net exports to have a positive impact on Japan’s GDP in the second quarter, although it would not surprise me if the overall GDP in the second quarter is negative.” The depreciation of the yen has brought another tailwind to Japanese exporters. So far this year, the currency has fallen by about 6% against the U.S. dollar, thereby increasing the value of repatriated profits from Toyota to Hitachi. Vaccination progress has been made, and European demand has rebounded to support the May level. Shipments to the United States and China may grow at a slower rate. “- Economist Yuki Masujima To read the full report, click here. For more imports, a year-on-year increase of 12.8%, while analysts forecast a 9% increase. The trade deficit has increased by 45.1%. Trade with the EU The volume of trade with China increased by 39.6%, and the volume of trade with China increased by 33.9%. The trade balance was 255.3 billion yen (US$2.3 billion). Analysts had expected its surplus to be 147.7 billion yen. Core machinery orders in March increased from the previous month. 3.7%, while analysts expect an increase of 5% (economist’s comment). Maintain the leading position as the most trusted source of business news. ©2021 Bloomberg LP
The chairman of the Federal Reserve (Fed) Jerome Powell (Jerome Powell) discussed cryptocurrencies on Thursday, saying that they pose a risk to financial stability and that more stringent supervision of increasingly popular electronic currencies may be required. At the same time, the U.S. Treasury Department expressed concern that wealthy individuals might use largely unregulated sectors to avoid taxes, and expressed a desire to report large-scale crypto asset transfers to the authorities. The back-to-back announcement took place within a week. Bitcoin, the most popular cryptocurrency at the time, rose wildly. After China announced new restrictions on the industry, it fell 30% on Wednesday, highlighting the industry’s volatility.
As their favorite cryptocurrency collapsed, young people’s hopes for easy, early and wealthy retirement dreams took a hit this week. The price of Bitcoin (BTCUSD) and other futuristic “currencies” fell freely on Wednesday. Anyone who has bought Bitcoin since February has been at a loss.
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Amsterdam (Reuters)-Carlos Ghosn, a former runaway car executive, suffered a setback on Thursday when a Dutch court ordered him to repay 5 million euros ($6.1 million) in wages to Nissan and Mitsubishi. This case is one of a series of legal battles involving one of the most prominent figures in the auto industry. It was conducted around the Dutch-registered joint venture Nissan-Mitsubishi BV (NMBV). Ghosn was deposed as chairman in 2019. But the Amsterdam court in the area supported the auto company, stating that Ghosn and the joint venture company did not have a valid employment agreement because it did not obtain the necessary consent from the boards of Nissan and Mitsubishi.
The prices of iron ore and coking coal, steel producers’ main raw materials, and steel products such as rebar and hot rolled coil, all fell by more than 5%, as traders dumped supplies and speculators were betting that Beijing’s measures would trigger Further callbacks. In the metal market. China’s cabinet announced on Wednesday that it will strengthen the management of commodity supply and demand to curb “unreasonable” prices and investigate the behavior of raising the cost of goods, which has frightened Chinese metal traders. Zhou Yanting, senior economist at Wood Mackenzie, said: “Certain measures may have a direct impact on the balance of supply and demand, for example, if the government decides to release some national reserves to the market,”
(Bloomberg)-According to people familiar with the matter, home insurance startup Kin Insurance is conducting a public transaction through Omnichannel Acquisition Corp. OmnichannelAcquisition Corp. is a special purpose acquisition company led by “Shark Tank” guest judge Matt Higgins. A person familiar with the matter said that the value of the combined entity will exceed $1 billion. Terms may change, and as with all outstanding transactions, negotiations may break down. A person familiar with the matter said that if an agreement is reached, a deal will be announced next month. Representatives for Omnichannel and Kin declined to comment. Chicago-based Kin said it will provide affordable coverage in “disaster-prone” areas including California, Florida and Louisiana. For online consumers. The fund is led by co-founder, CEO and CEO Sean Harper (Sean Harper) and President and CTO Lucas Ward (Lucas Ward). Kin in the latest round of financing from the Senator The investment group, Hudson Structured Capital Management Corporation, the University received a $63.9 million investment in Chicago’s startup investment program, Allegis NL Capital and Alpha Edison. The insurance company recently stated that after only 21 months as an operator in the industry, its annual recurring premiums exceeded $100 million. The industry still sees that more than 90% of home insurance is sold through physical institutions. Omnichannel, led by Harvard Business School executive Higgins, raised $206.5 million in its November IPO. The company’s website says it is seeking a $1 billion to $2.5 billion acquisition and defines it in the document as including direct-to-consumer services. Beauty entrepreneur Bobbi Brown is a member of the board of SPAC, and Higgins is also the CEO of RSE Ventures, a company that billionaire Stephen Ross is betting on David Chang’s Momofuku, Bluestone Lane and & Pizza. Higgins is also the vice chairman of the Miami Dolphins, and Rose is the co-owner of Serena and Venus Williams and others. In March, another so-called insurance technology company, Hippo Enterprises Inc. ) Agree to go public through SPAC. MetroMile Inc. became a public company in February after merging with SPAC. For more information on such stories, please visit Bloomberg.com. Subscribe now to stay ahead of the most trusted business news source. ©2021 Bloomberg LP
Since skyrocketing prices are still the focus of market attention, stocks are struggling to break free.
Apple executives testified on Wednesday that in the two years since online games appeared on the App Store, Apple received more than $100 million in commissions from Epic Games’ “Fortnite.” Michael Schmid, head of Apple’s App Store game business development, made a statement in the third week of the antitrust trial in the Federal Court of Oakland, California.