Dear Sir or Madame-
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In this September 16, 2009 Publication:
China's Industrial Production Rose More Than Expected
In August
OEM LEADS – Ready for Corporate Members
UK Secondary Al Prices Rise on Diecaster Demand
Audi's Aluminium Revolution
Debate Over Cap-And-Trade Legislation Continues
Extra, Extra, Read All about It: 2010 Themes for
DCE & LINKS Revealed
Last Chance to Register for Plant Management
Conference
China's Industrial Production Rose More Than Expected In August
Bloomberg News (9/11) reported,
"China's industrial production rose more than forecast in August, lending
unexpectedly climbed and retail sales advanced, indicating growth in the world's
third- biggest economy is likely to accelerate." Output at the nation's factories
"gained 12.3 percent from a year earlier, the most since August 2008, the statistics
bureau said in Beijing." Chinese shares rose as "figures showed that stimulus
efforts are more than compensating for a collapse in exports, which dropped further
in August." Premier Wen Jiabao pledged "to sustain stimulus measures to secure the
recovery, saying the rebound 'is unstable, unbalanced and not yet solid.'"
Economists had "forecast an 11.8 percent gain in industrial production." China is
"poised to help stoke growth throughout the Asian region, said Gail Fosler,
president of the Conference Board, a New York-based research group." Economists
"anticipate China's GDP growth will accelerate to a 9.5 percent pace next year after
an 8.3 percent rate in 2009."
The AP (9/11) reported, "China's
recovery gained momentum in August as stimulus spending helped boost industrial
output, investment and retail sales in the world's third-largest economy, offsetting
a slump in exports." Despite the "steady flow of positive figures over the past few
months, China's exports have remained sluggish, crimped by feeble demand." Exports
"fell 23 percent to $103.7 billion in August, customs data showed, while imports
totaled $88 billion, down 17 percent year-on-year. China's overall trade surplus in
August plunged 45 percent, to $15.7 billion." Beijing's "4 trillion yuan ($586
billion) plan to insulate the economy from the global recession with heavy spending
on building highways and other public works helped boost investment in factory
equipment and construction so far this year." While it "pushes ahead with its
sweeping construction program, China is tinkering with its policy, aiming to keep
growth strong while curbing excess investment in sectors burdened with
overcapacity."
OEM LEADS – Ready for Corporate Members
This is your monthly reminder to corporate members. Leads generated during May can
now be accessed by logging in to myNADCA. Click here to login.
Not sure of your login? Click here to get your
login resent. Want to export your leads? Click on "Lead Report
Data Export" and search ALL the leads by categories such as state, company type,
metal. Results can be viewed online or exported to an Excel document. If you need
further assistance accessing the leads, please contact NADCA President, Daniel
Twarog at twarog@diecasting.org or (847) 808-3162.
UK Secondary Al Prices Rise on Diecaster Demand
Secondary aluminium prices rose on Wednesday as producers push for increases from
diecasting consumers desperate for more material. LM24 pressure diecasting ingot
rose to trade at £1,150-1,180 ($1,902-1,953) per tonne from £1,130-1,170 per tonne
previously. Demand has not increased dramatically but consumers are finding it hard
secure the metal they need from producers who have not returned to full capacity.
To view the rest of this article,
click here.
Audi's Aluminium Revolution
Audi is poised to switch to lightweight aluminium construction for future models
from the A4 upwards.
By the middle of the next decade only the A3 and forthcoming A1 families will be
based on conventional steel monocoque chassis.
An Audi source told Autocar that the company ‘will shift quite quickly to hybrid
aluminium construction’ for the next-generation A6 and A4 models, after rolling it
out on the next A8.
The third-generation A8 flagship will be shown later this year and will pioneer the
new ‘hybrid aluminium’ construction techniques that will allow Audi to use the
lightweight metal for high volume production.
To view the rest of this article,
click here.
Debate Over Cap-And-Trade Legislation Continues
The
Lafayette (LA) Daily Advertiser (9/14, Bivins) reports, "The August
uproar over health-care reform almost muted public discourse over global warming."
But the "health-care din hasn't quelled the fight among supporters and opponents of
a House bill dealing with energy and climate change as combatants anticipate
consideration of a similar proposal in the Senate." In recent weeks, "opponents of
the House measure, including the oil lobby, the NAM and the National Federation of
Independent Business, ignited a campaign in the Mountain West and Midwest protesting
that the House legislation would be a job killer." Jay Timmons, executive vice
president of NAM, said, "At a time when our country is struggling to come out of our
longest and deepest economic downturn since the Great Depression, lawmakers should
be focused on policies that provide incentives for businesses so they can create
jobs and grow." Environmental and labor groups "have countered with a 'Made in
America' tour to highlight the green jobs they say would be created."
Cap-And-Trade Supporters Shift Focus To National Security. The
Chicago Tribune
(9/14, Tankersley) reports, "After months of promoting President Obama's climate plan as
a vehicle for creating millions of clean-energy jobs, supporters of the legislation
are increasingly pushing another strategy -- touting its benefits for national
security." A coalition "backing the energy and climate bill pending before the
Senate has enlisted war veterans to pressure senators in person. In television
advertisements, the coalition calls dependence on foreign oil a threat to national
security and fuel for terrorists." The messages "intertwine in a commercial launched
last week by Clean Energy Works, a newly formed band of environmental, labor,
religious, veterans and other groups that support the climate bill." Climate bill
proponents say "polls show the security argument could prove powerful." A survey "by
Mellman last month found that a majority of voters call global warming a serious
threat to national security."
Extra, Extra, Read All about It: 2010 Themes for DCE & LINKS Revealed
NADCA has just announced the 2010 themes for Die Casting Engineer and LINKS
magazines. DCE’s themes are Design, Die Materials, Post Casting/Secondary
Operations, Aluminum, Defects and SSM/Squeeze Casting. LINKS themes are State of the
Industry, Energy/Environment/Safety, End Markets, Lean Manufacturing, Management and
Education/Training. Anyone interested in advertising, please e-mail
ad@diecasting.org. Anyone interested in submitting editorial content, please e-mail
dce@diecasting.org
or click here.
Last Chance to Register for Plant Management Conference
This is your last chance to register for the plant management conference featuring
presentations from Diran Apelian, Alex Monroe, and Daniel Twarog. The conference
will be held next week starting September 23rd. The conference kicks off with a meet
and greet reception wednesday evening. Presentations will be given Thursday and
Friday as well at plant tours to Chicago White Metal and Acme Alliance on Thursday.
If you have yet to register sign up today at www.diecasting.org/meetings/pm
as well as plant tours.
