Manufacturer and exporter of Brass ball valves,
Brass sanitary fittings and Brass pipe fittings.

News


In this section you will find the latest news and developments related to the company and Metal industry.


International Specialized Exhibition for Steel & Metal Works

February 18- 20 , 2010 - Cairo International Convention & Exhibition Centre

Welcome to: One of the most specialized events in the Middle East and North Africa Region (MENA). The Metal & Steel 2010, the Middle East's largest trade show for the metal working, metal manufacturing & steel fabrication industries, the B2B Steel exhibition for the Middle East.

Metal & Steel 2010 is an exclusive exhibition that will bring together the leading names in the metal & steel industry from home and abroad. It is an international platform for suppliers of raw materials, semi-finished products, final goods and surface treatment as well as producers of machines, equipment and accessories for the production, subsequent processing and refinement of metal & steel commodity.

Drawing attention of a wide range of visitors and selected professionals from the steel and metallurgy industry, Metal & Steel 2010 will thus offer you an excellent opportunity to see and understand the new technological advancement in the fields, meet global trading partners and even interact with the end users. It is a matter of great advantage that the exhibition is organized in Egypt - a country serving 430 million people market within the Middle East & North Africa countries.

 


ALUMINIUM-Major market developments in November

Wednesday, December 9

Aluminium prices continue to defy the market's weak fundamentals for now, but at some point prices will correct lower, some analysts say.

"How the imbalance between supply and demand is going to be rectified is a moot point, but at some point it will have to be," said independent consultant Angus MacMillan.

In the meantime, though, he said the technical picture suggested prices could make further headway in December.

At 1206 GMT the London Metal Exchange three-months price was indicated at $2,171/81 a tonne.

Will Adams of Basemetals.com said $1,900 was a "better" price for aluminium. He added that he was looking for a general downwards correction in equities and metals, as well as a stronger U.S. dollar.

A stronger U.S. currency makes dollar-priced metals more expensive for non-U.S. investors.

Nikos Kavalis, senior analyst at GFMS Consulting said he did not see metals prices materially weakening, with LME benchmark contract copper leading the pack.