Summary:
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.7 million tonnes (Mt) in December 2021, a 3.0% decrease compared to December 2020.
Source - https://worldsteel.org/media-centre/press-releases/2022/december-2021-crude-steel-production-and-2021-global-totals/
1. Annual steel production - https://recyclinginternational.com/business/annual-global-steel-production-nears-2-000-million-tonnes/47779/
2. Iron-ore - https://recyclinginternational.com/business/annual-global-steel-production-nears-2-000-million-tonnes/47779/
3. Green Steel - https://www.hellenicshippingnews.com/chinas-goal-for-green-olympics-squeezes-short-term-metal-supplies/
4. China and Steel - https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/012722-eu-to-invest-eur1-billion-in-green-deal-cross-border-energy-infrastructure
5. Automotive - https://www.natlawreview.com/article/foley-automotive-report-january-25-2022
6. Class 8 truck sales - https://www.truckpartsandservice.com/business/outlook-and-benchmarking/article/15287805/paccar-announces-record-fourth-quarter-and-2021-earnings
7. Oil rigs - https://ca.finance.yahoo.com/news/permian-oil-drilling-rig-count-151003633.html
8. 3D printing - https://www.thefabricator.com/additivereport/blog/additive/yo-electric-vehicles-are-speeding-adoption-of-3d-printing
9. Mining - https://mexicobusiness.news/mining/news/mining-markets-set-expand-2021-trends-2022
10. Construction - https://news.conexpoconagg.com/news/Will-higher-interest-rates-slow-construction-in-2022-/6403.article
Summary:
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 143.3 million tonnes (Mt) in November 2021, a 9.9% decrease compared to November 2020.
https://www.worldsteel.org/media-centre/press-releases/2021/November-2021-crude-steel-production.html
1. Steel Prices - https://www.metalbulletin.com/Article/4021339/Latest-news/ArcelorMittal-announces-100t-increase-in-European-long-steel-prices-sources-Exclusive.html
2. Steel Production - https://www.metalbulletin.com/Article/4021339/Latest-news/ArcelorMittal-announces-100t-increase-in-European-long-steel-prices-sources-Exclusive.html
3. Green steel - https://www.mining.com/sweden-could-take-global-lead-in-green-steel-production-report/
4. Global output - https://www.nasdaq.com/articles/global-steel-output-falls-9.9-yr-yr-in-november-worldsteel
5. Laser welding - https://www.thefabricator.com/thefabricator/article/materialshandling/boosting-velocity-in-laser-cutting-even-with-disparate-material-thicknesses
6. Global equipment - https://www.openpr.com/news/2507940/global-construction-equipment-market-is-expected-to-grow-at
7. Chile mining - https://thedeepdive.ca/chile-elects-a-socialist-new-president-is-the-copper-mining-industry-at-risk/
8. Toyota - https://www.bizjournals.com/stlouis/news/2021/12/21/toyota-analyzing-future-troy-missouri-plant-evs.html
9. Green - https://www.dallasfed.org/research/economics/2021/1221
10. Recycling - https://www.linkedin.com/posts/csassara_vestas-kicks-off-us-blade-recycling-as-wind-activity-6877299634151268353-aSOs/
Steel Sector - Canada and the United States - May 2023.pptxpaul young cpa, cga
Blog – Manufacturing – Steel and Metal Fabrication Analysis and Commentary – June 2023
Summary:
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.6 million tonnes (Mt) in May 2023, a 5.1% decrease compared to May 2022.
Source - https://www.hellenicshippingnews.com/world-steel-association-may-crude-steel-production-down-5-1/
Additional Links and Key Sources:
US steel production - https://www.steelorbis.com/steel-news/latest-news/us-raw-steel-production-up-02-percent-week-on-week-1295133.htm
Green Steel - https://www.fnarena.com/index.php/2023/06/22/esg-focus-green-steel-innovation-on-fire/ or https://www.techarenan.news/2023/06/21/h2-green-steel-forges-green-alliance-with-cargill-metals-to-combat-carbon-emissions/
Nickel and Stainless - https://oilprice.com/Metals/Commodities/Stainless-Steel-Prices-Dip-Despite-Nickel-Rebound.html
Metal breakthroughs - https://www.proagrimedia.com/news-events/top-5-trends-for-the-metal-working-industry-in-2023/
ESG - https://finance.yahoo.com/news/accountability-7-sustainability-trends-2023-121000353.html
Net Zero - https://ca.sports.yahoo.com/news/canada-oil-production-predicted-drastically-173550906.html
Biodiversity - https://www.worldbenchmarkingalliance.org/publication/nature/rankings/
Mining - https://source.benchmarkminerals.com/article/more-than-300-new-mines-required-to-meet-battery-demand-by-2035
Top technologies - https://europeansting.com/2023/06/21/this-is-how-to-find-out-which-emerging-technologies-will-next-revolutionize-our-world/
Steel Sector - Canada and the United States - February 2022.pptxpaul young cpa, cga
Summary:
Global crude steel production in February fell 5.7% from a year earlier to 142.7 million tonnes, World Steel Association data showed on Tuesday.
Source - https://www.steelorbis.com/steel-news/latest-news/world-crude-steel-output-down-57-percent-in-february-1238222.htm or https://www.nasdaq.com/articles/global-steel-output-falls-5.7-yr-yr-in-february-worldsteel?amp
Steel Sector - Canada and the United States - February 2023 - Analysis.pptxpaul young cpa, cga
Blog - Steel and Metal Fabrication Analysis and Commentary – March 2023
Summary:
The World Steel Association (worldsteel) announced details of crude steel production by world countries during the month of February this year. The global output witnessed a marginal decline by 1.0% during the month.
As per monthly statistics published yesterday, the global crude steel output totalled 142.4 million tons (Mt) in February 2023. This is down by 1.0% when compared with the same month a year before. The year-to-date output totalled 297.8 Mt, which is down by almost 0.8% from Jan-Feb ‘22 output.
Source - https://www.barchart.com/story/news/15465587/global-steel-output-recorded-notable-dip-in-feb-worldsteel
Weekly steel production continues to struggle - https://www.barchart.com/story/news/15505944/aisi-posted-dip-in-us-weekly-raw-steel-production
Green steel - https://www.smh.com.au/environment/sustainability/in-a-world-desperate-to-go-green-nsw-steel-town-is-providing-a-solution-20230330-p5cwl4.html
Dry Ice and Welding - https://www.frasersdirectory.com/redwire/red-d-arc-offers-dry-ice-blasting-for-robotics-weld-lines-and-fixturing/
Metal fabrication sales outlook - https://www.digitaljournal.com/pr/news/2023-2028-metal-fabrication-market-top-growing-regions-business-growth-and-expansion-plans
Class 8 truck orders continue to see modest growth - https://www.topmarkfunding.com/class-8-sales-remain-modest-for-january-and-february-2023/
Automotive sales appear to be on an upside for 1Q23 - https://www.coxautoinc.com/news/cox-automotive-forecast-march-2023-u-s-auto-sales-forecast/
Durable goods spending continues to struggle for the past few months - https://www.advisorperspectives.com/dshort/updates/2023/03/27/the-real-goods-on-the-february-durable-goods-data
Manufacturers continue to worry about rising costs and labor shortages - https://www.nam.org/supply-chain-rising-raw-material-costs-and-workforce-shortages-top-concerns-for-manufacturers-17080/
Non-capital spending - https://canada.constructconnect.com/canadata/forecaster/economic/2023/03/three-factors-cloud-outlook-for-canadian-non-res-capital-spending or https://www.ecmweb.com/construction/article/21263076/nonresidential-construction-spending-inches-higher
Steel Sector - Canada and the United States - March 2023 - Analysis.pptxpaul young cpa, cga
Blog – Global Steel Production Analysis and Commentary – April 2023
The Brussels-based World Steel Association (Worldsteel) says steel production in the 63 countries reporting to it was up by 1.7 percent in March of this year compared with March 2022.
In the first quarter of this year, output is closer to stable, with the world having produced just 0.1 percent less steel in the first quarter of 2023 compared with the first three months of last year
The 165.1 million metric tons produced this March represents a dramatic 15.9 percent increase from the prior month, when just 142.4 million metric tons of steel was made globally.
Source - https://recyclingtoday.com/news/world-steel-output-march-2023-india-turkey-recycling/
Steel Sector - Canada and the United States - July 2022.pptxpaul young cpa, cga
LONDON, Aug 23 (Reuters) - Global crude steel production in July fell 6.5% from a year earlier to 149.3 million tonnes, World Steel Association data showed on Tuesday.
Crude steel output from China, the world's top producer and consumer of the metal, dropped 6.4% to 81.4 million tonnes in July, the data showed.
Source - https://www.nasdaq.com/articles/global-steel-output-falls-6.5-yr-yr-in-july-says-worldsteel
Summary:
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.7 million tonnes (Mt) in December 2021, a 3.0% decrease compared to December 2020.
Source - https://worldsteel.org/media-centre/press-releases/2022/december-2021-crude-steel-production-and-2021-global-totals/
1. Annual steel production - https://recyclinginternational.com/business/annual-global-steel-production-nears-2-000-million-tonnes/47779/
2. Iron-ore - https://recyclinginternational.com/business/annual-global-steel-production-nears-2-000-million-tonnes/47779/
3. Green Steel - https://www.hellenicshippingnews.com/chinas-goal-for-green-olympics-squeezes-short-term-metal-supplies/
4. China and Steel - https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/012722-eu-to-invest-eur1-billion-in-green-deal-cross-border-energy-infrastructure
5. Automotive - https://www.natlawreview.com/article/foley-automotive-report-january-25-2022
6. Class 8 truck sales - https://www.truckpartsandservice.com/business/outlook-and-benchmarking/article/15287805/paccar-announces-record-fourth-quarter-and-2021-earnings
7. Oil rigs - https://ca.finance.yahoo.com/news/permian-oil-drilling-rig-count-151003633.html
8. 3D printing - https://www.thefabricator.com/additivereport/blog/additive/yo-electric-vehicles-are-speeding-adoption-of-3d-printing
9. Mining - https://mexicobusiness.news/mining/news/mining-markets-set-expand-2021-trends-2022
10. Construction - https://news.conexpoconagg.com/news/Will-higher-interest-rates-slow-construction-in-2022-/6403.article
Summary:
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 143.3 million tonnes (Mt) in November 2021, a 9.9% decrease compared to November 2020.
https://www.worldsteel.org/media-centre/press-releases/2021/November-2021-crude-steel-production.html
1. Steel Prices - https://www.metalbulletin.com/Article/4021339/Latest-news/ArcelorMittal-announces-100t-increase-in-European-long-steel-prices-sources-Exclusive.html
2. Steel Production - https://www.metalbulletin.com/Article/4021339/Latest-news/ArcelorMittal-announces-100t-increase-in-European-long-steel-prices-sources-Exclusive.html
3. Green steel - https://www.mining.com/sweden-could-take-global-lead-in-green-steel-production-report/
4. Global output - https://www.nasdaq.com/articles/global-steel-output-falls-9.9-yr-yr-in-november-worldsteel
5. Laser welding - https://www.thefabricator.com/thefabricator/article/materialshandling/boosting-velocity-in-laser-cutting-even-with-disparate-material-thicknesses
6. Global equipment - https://www.openpr.com/news/2507940/global-construction-equipment-market-is-expected-to-grow-at
7. Chile mining - https://thedeepdive.ca/chile-elects-a-socialist-new-president-is-the-copper-mining-industry-at-risk/
8. Toyota - https://www.bizjournals.com/stlouis/news/2021/12/21/toyota-analyzing-future-troy-missouri-plant-evs.html
9. Green - https://www.dallasfed.org/research/economics/2021/1221
10. Recycling - https://www.linkedin.com/posts/csassara_vestas-kicks-off-us-blade-recycling-as-wind-activity-6877299634151268353-aSOs/
Steel Sector - Canada and the United States - May 2023.pptxpaul young cpa, cga
Blog – Manufacturing – Steel and Metal Fabrication Analysis and Commentary – June 2023
Summary:
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.6 million tonnes (Mt) in May 2023, a 5.1% decrease compared to May 2022.
Source - https://www.hellenicshippingnews.com/world-steel-association-may-crude-steel-production-down-5-1/
Additional Links and Key Sources:
US steel production - https://www.steelorbis.com/steel-news/latest-news/us-raw-steel-production-up-02-percent-week-on-week-1295133.htm
Green Steel - https://www.fnarena.com/index.php/2023/06/22/esg-focus-green-steel-innovation-on-fire/ or https://www.techarenan.news/2023/06/21/h2-green-steel-forges-green-alliance-with-cargill-metals-to-combat-carbon-emissions/
Nickel and Stainless - https://oilprice.com/Metals/Commodities/Stainless-Steel-Prices-Dip-Despite-Nickel-Rebound.html
Metal breakthroughs - https://www.proagrimedia.com/news-events/top-5-trends-for-the-metal-working-industry-in-2023/
ESG - https://finance.yahoo.com/news/accountability-7-sustainability-trends-2023-121000353.html
Net Zero - https://ca.sports.yahoo.com/news/canada-oil-production-predicted-drastically-173550906.html
Biodiversity - https://www.worldbenchmarkingalliance.org/publication/nature/rankings/
Mining - https://source.benchmarkminerals.com/article/more-than-300-new-mines-required-to-meet-battery-demand-by-2035
Top technologies - https://europeansting.com/2023/06/21/this-is-how-to-find-out-which-emerging-technologies-will-next-revolutionize-our-world/
Steel Sector - Canada and the United States - February 2022.pptxpaul young cpa, cga
Summary:
Global crude steel production in February fell 5.7% from a year earlier to 142.7 million tonnes, World Steel Association data showed on Tuesday.
Source - https://www.steelorbis.com/steel-news/latest-news/world-crude-steel-output-down-57-percent-in-february-1238222.htm or https://www.nasdaq.com/articles/global-steel-output-falls-5.7-yr-yr-in-february-worldsteel?amp
Steel Sector - Canada and the United States - February 2023 - Analysis.pptxpaul young cpa, cga
Blog - Steel and Metal Fabrication Analysis and Commentary – March 2023
Summary:
The World Steel Association (worldsteel) announced details of crude steel production by world countries during the month of February this year. The global output witnessed a marginal decline by 1.0% during the month.
As per monthly statistics published yesterday, the global crude steel output totalled 142.4 million tons (Mt) in February 2023. This is down by 1.0% when compared with the same month a year before. The year-to-date output totalled 297.8 Mt, which is down by almost 0.8% from Jan-Feb ‘22 output.
Source - https://www.barchart.com/story/news/15465587/global-steel-output-recorded-notable-dip-in-feb-worldsteel
Weekly steel production continues to struggle - https://www.barchart.com/story/news/15505944/aisi-posted-dip-in-us-weekly-raw-steel-production
Green steel - https://www.smh.com.au/environment/sustainability/in-a-world-desperate-to-go-green-nsw-steel-town-is-providing-a-solution-20230330-p5cwl4.html
Dry Ice and Welding - https://www.frasersdirectory.com/redwire/red-d-arc-offers-dry-ice-blasting-for-robotics-weld-lines-and-fixturing/
Metal fabrication sales outlook - https://www.digitaljournal.com/pr/news/2023-2028-metal-fabrication-market-top-growing-regions-business-growth-and-expansion-plans
Class 8 truck orders continue to see modest growth - https://www.topmarkfunding.com/class-8-sales-remain-modest-for-january-and-february-2023/
Automotive sales appear to be on an upside for 1Q23 - https://www.coxautoinc.com/news/cox-automotive-forecast-march-2023-u-s-auto-sales-forecast/
Durable goods spending continues to struggle for the past few months - https://www.advisorperspectives.com/dshort/updates/2023/03/27/the-real-goods-on-the-february-durable-goods-data
Manufacturers continue to worry about rising costs and labor shortages - https://www.nam.org/supply-chain-rising-raw-material-costs-and-workforce-shortages-top-concerns-for-manufacturers-17080/
Non-capital spending - https://canada.constructconnect.com/canadata/forecaster/economic/2023/03/three-factors-cloud-outlook-for-canadian-non-res-capital-spending or https://www.ecmweb.com/construction/article/21263076/nonresidential-construction-spending-inches-higher
Steel Sector - Canada and the United States - March 2023 - Analysis.pptxpaul young cpa, cga
Blog – Global Steel Production Analysis and Commentary – April 2023
The Brussels-based World Steel Association (Worldsteel) says steel production in the 63 countries reporting to it was up by 1.7 percent in March of this year compared with March 2022.
In the first quarter of this year, output is closer to stable, with the world having produced just 0.1 percent less steel in the first quarter of 2023 compared with the first three months of last year
The 165.1 million metric tons produced this March represents a dramatic 15.9 percent increase from the prior month, when just 142.4 million metric tons of steel was made globally.
Source - https://recyclingtoday.com/news/world-steel-output-march-2023-india-turkey-recycling/
Steel Sector - Canada and the United States - July 2022.pptxpaul young cpa, cga
LONDON, Aug 23 (Reuters) - Global crude steel production in July fell 6.5% from a year earlier to 149.3 million tonnes, World Steel Association data showed on Tuesday.
Crude steel output from China, the world's top producer and consumer of the metal, dropped 6.4% to 81.4 million tonnes in July, the data showed.
Source - https://www.nasdaq.com/articles/global-steel-output-falls-6.5-yr-yr-in-july-says-worldsteel
Steel Sector - Canada and the United States - August 2022.pptxpaul young cpa, cga
Blog – What is next for Steel and Metal Fabrication – September 2022
Steel producers continue to look at ways to make cleaner steel
Nickel prices continue to fluctuate
Canada needs to do more to develop its natural resources sector, like its nickel reserves
Canada automotive sectors continues to invest in the manufacturing of electrical and hybrid vehicles
Infrastructure gap needs to be addressed.
The welding industry continues to look at ways to introduce more automation
Steel Sector – Global Steel Analysis and Commentary – May 2023.pptxpaul young cpa, cga
Blog – Global Steel Production and Shipments Analysis and Commentary – Mary 2023
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt) in April 2023, a 2.4% decrease compared to April 2022.
Source - https://www.hellenicshippingnews.com/world-steel-association-april-2023-crude-steel-production-down-2-4/
What are the key challenges facing the steel sector:
Transitioning to green steel (Cost of Capital)
Higher commodity prices (Iron-Ore, Nickel, etc.)
Product mix / profitability
Asset utilization and workforce planning
How can data and AI help the address the challenges facing the steel sector:
Profitability and product mix analysis
Demand planning and forecasting
ESG and Sustainability Reporting (Regulatory and Operational Planning)
Integrated all businesses processes as part of the integrated planning and reporting cycle.
. https://actionkpi.com/ibm-planning-analytics/ and https://actionkpi.com/integrated-profitability-program/
Additional Sources:
ESG - https://www.slideshare.net/paulyoungcga/introductory-to-esg-and-sustainability-reportingpptx-257524640
Close, consolidate, and reporting - https://www.slideshare.net/paulyoungcga/close-consolidate-and-reporting-cyclepptx-256864692
Source - https://blog.gitnux.com/steel-industry-trends/
Additional Sources:
ESG - https://www.esgdao.earth/
Welding innovation - https://www.thefabricator.com/tubepipejournal/article/tubepipefabrication/covering-all-the-pipe-fabrication-bases-with-automated-welding-technology
Steel Prices - https://www.thefabricator.com/thefabricator/blog/metalsmaterials/steel-prices-cycle-down-from-early-2023-spikes
Steel Dynamics - https://ca.sports.yahoo.com/news/steel-dynamics-stld-down-12-153003932.html
Weekly Steel - https://www.steelorbis.com/steel-news/latest-news/us-raw-steel-production-up-02-percent-week-on-week-1291149.htm
Steel Challenges - https://blog.gitnux.com/steel-industry-trends/
Green Steel - https://www.marketplace.org/2023/05/22/the-steel-sector-is-carbon-intensive-green-steel-could-be-a-game-changer/ or https://planet.outlookindia.com/news/green-steel-requires-a-technological-breakthrough-in-indian-global-mills-news-415337
Nickel Prices - https://www.hellenicshippingnews.com/nickel-prices-to-gain-momentum-from-low-market-supply/
Iron-Ore - https://oilprice.com/Metals/Commodities/Declining-Iron-Ore-Prices-Show-Chinas-Recovery-is-Still-Dragging.html
Steel Sector - Canada and the United States - May 2022.pptxpaul young cpa, cga
Global crude steel production in May fell 3.5% from a year earlier to 169.5 million tonnes, World Steel Association data showed on Wednesday.
Crude steel output from China, the world's top producer and consumer of the metal, fell 3.5% to 96.6 million tonnes in May, the data showed.
Source - https://www.tradingview.com/news/reuters.com,2022:newsml_L8N2Y92J9:1-global-steel-output-falls-3-5-yr-yr-in-may-worldsteel/
Steel Sector - Canada and the United States - September 2022.pptxpaul young cpa, cga
Copper continues to face supply issues - https://www.mining.com/copper-price-down-as-chinas-yuan-falls-to-lowest-since-2008/
Iron-ore continues to face many challenges - https://www.kitco.com/news/2022-10-17/Coal-and-iron-ore-production-is-up-at-Vale-nickel-is-down.html
More and more steel producers are moving to green steel - https://www.adweek.com/brand-marketing/as-green-steel-revs-up-to-change-the-auto-industry-are-carmakers-ready-for-the-race/
Public infrastructure gaps continues to plague municipal and local governments - https://www.cfr.org/backgrounder/state-us-infrastructure
Steel continues to face higher operational costs due to both high commodities prices and energy prices.
Summary
USA manufacturing sector continues to face higher commodity prices
USA manufacturing sector continues to face issues with supply chain
Ports are still facing backlog
More and more manufacturers are moving to Industry 4.0
Steel Sector - Canada and the United States - April 2022.pptxpaul young cpa, cga
Summary:
Global crude steel production totaled 162.7 million mt in April, down 5.1% from April 2021, according to World Steel Association data published May 24.
Output from January through April totaled 619.1 million mt, down 7.1% from year-ago levels, data showed.
April global production was 1.2% higher than March.
Platts assessed domestic HRC prices in Northern Europe at Eur1,275/mt ex-works Ruhr April 29, down from $1,390/mt at the start of the month, according to S&P Global Commodity Insights.
The largest producer, China, produced 92.8 million mt of crude steel in April, making up 57% of total global crude steel output. That is down 5.2% from April 2021, but up 5.1% from March.
Total steel produced in China from January through April was 336.2 million mt, down 10.3% from the same period a year ago.
The world’s second-largest steel producer, India, produced 10.1 million mt in April, up 6.2% year on year, but down 8.8% from March. India’s January-April output was 42.3 million mt, also up 6.5% year on year.
Source - https://eurometal.net/global-steel-production-down-5-1-on-year-in-april-worldsteel/
Summary:
The copper price jumped on Tuesday after weak US manufacturing data eased concerns that the Federal Reserve will tighten monetary policy too rapidly.
The Institute for Supply Management’s gauge of US factory activity dropped to the lowest in more than two years in September, causing the dollar to retreat.
Source - https://www.usatoday.com/story/money/business/2022/10/03/s-p-500-dow-nasdaq-uk-axes-planned-tax-cut/8167019001/ or https://www.mining.com/copper-price-jumps-after-weak-us-manufacturing-data/
Summary:
There were increases in orders for machinery, primary metals and electrical equipment, appliances and components. Orders for computers and electronic products also rose as did those of fabricated metal products.
Shipments of manufactured goods increased 2.3% after rising 1.1% in February. Inventories at factories gained 1.3%. Unfilled orders rose 0.4% after climbing 0.5% in the prior month.
The Commerce Department also reported that orders for non-defense capital goods, excluding aircraft, which are seen as a measure of business spending plans on equipment, rebounded 1.3% instead of 1.0% as previously reported last month.
Source - https://www.nasdaq.com/articles/rise-in-u.s.-factory-orders-beats-expectations-in-march
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
Blog – What is next for Retail Sector and Consumer Spending – August 2023
Despite months of predictions for a global recession, consumer activity and corporate earnings are holding up surprisingly well. We believe that global long-term interest rates probably peaked in October last year, and we are now observing encouraging signs of the start of corporate earnings re-acceleration.
Clearly, we are not completely out of the woods yet. Inflation is still sticky and further rate hikes are expected over the next few months, but when we look under the hood at the companies we research, resilience stands out.
This global resilience has been surprising to all of us. In Europe, consumers seemed to sail through a severe energy crisis last winter, and in the US, consumer activity in both discretionary and staples has far exceeded most expectations at the beginning of the year.
https://www.firstlinks.com.au/global-consumer-corporate-resilience-surprises-everyone
Links and sources:
Supply chain - https://www.waffleinsurance.com/resources/insuranpedia/how-do-loss-prevention-services-address-potential-risks-arising-from-supply-chain-disruptions
Fashion and their new business model - https://www.esginvestor.net/fast-fashion-race-losing-speed/
Retailing and Technology - https://www.retaildive.com/news/retail-industry-AI-adoption/691426/
Generative AI - https://www.pymnts.com/news/artificial-intelligence/2023/generative-ai-helps-auto-fill-b2b-complexities-streamlining-communications/
Logistics - https://enable.com/blog/top-challenges-facing-the-distribution-industry-how-to-overcome-them
Coles - https://www.foodmag.com.au/coles-to-partner-with-suppliers-to-set-emission-reduction-targets-by-2027/
How to best manage data - https://www.demandtalk.com/insights/data/big-data/the-power-of-retail-data-analytics-understanding-its-role-and-the-different-types/
Valdi - https://www.forbes.com/sites/walterloeb/2023/08/21/why-aldi-acquisition-of-winn-dixie-and-harveys-supermarket-is-a-big-win/?sh=6c90ed4445b9
Partnerships - https://www.verdictfoodservice.com/comment/food-service-retail-partnerships/
Sustainable shopping - https://retail-focus.co.uk/shopping-for-sustainability/
Automation - https://www.retailcustomerexperience.com/articles/reasons-why-retailers-are-marching-fast-toward-automation/
Robotics - https://www.tbsnews.net/world/global-economy/retailers-turn-robots-cost-inflation-fight-543282
Social governance and retailing - https://www.fashionabc.org/why-the-fashion-industry-has-to-balance-profit-with-esg-and-purpose/
Summary:
New orders for U.S.-made goods fell slightly more than expected in December, but manufacturing remains supported by businesses replenishing inventories.
The Commerce Department said on Thursday that factory orders decreased 0.4% in December. Data for November was revised higher to show orders increasing 1.8% instead of 1.6% as previously reported. Economists polled by Reuters had forecast factory orders slipping 0.2%. Orders increased 16.9% in 2021.
Manufacturing, which accounts for 11.9% of the economy, is being underpinned by businesses rebuilding inventories.
Source - https://money.usnews.com/investing/news/articles/2022-02-03/u-s-factory-orders-fall-in-december-shipments-rise-further
1. USA Manufacturing – https://www.yakimaherald.com/reshoring-manufacturing-might-be-washingtons-future/article_453dc45d-b050-58a8-9bf9-27a7d6a0c516.html
2. Manufacturing optimization - https://www.energy.gov/eere/amo/articles/department-energy-awards-28-million-10-projects-will-develop-emerging
3. AI and manufacturing - https://research.aimultiple.com/manufacturing-ai/
4. Robotics - https://austincountynewsonline.com/a-record-number-of-robots-joined-american-workforce-in-2021-amid-covid-labor-crunch/
5. Shortages - https://shopmetaltech.com/industry-update/u-s-manufacturing-grew-in-january-but-remains-plagued-by-bottlenecks.html
6. Food Production - https://manufacturingglobal.com/ai-and-automation/expect-to-see-these-food-manufacturing-trends-in-2022
7. Semiconductors - https://rollcall.com/2022/02/04/cost-to-rebuild-u-s-semiconductor-manufacturing-will-keep-growing/
8. PMI - https://www.investing.com/economic-calendar/manufacturing-pmi-829
9. Future of manufacturing - https://seekingalpha.com/article/4484370-future-of-manufacturing
10. Automotive - https://www.tti.com/content/ttiinc/en/resources/marketeye/categories/industry/me-staff-20220204.html
11. Farm - https://www.tti.com/content/ttiinc/en/resources/marketeye/categories/industry/me-staff-20220204.html
12. Automation - https://www.bmc.com/blogs/it-automation-trends/
13. Raw material - https://www.koreatimes.co.kr/www/tech/2022/02/419_21021.html?fa
USA hit a record $89B trade deficit in January 2022
China continues to lag on their trade agreements with the United States
USA is looking at dealing with despot countries as part of fixing issues with oil supplies - https://www.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html. Both Canada and USA should be focus on increasing domestic production - https://www.slideshare.net/paulyoungcga/what-is-next-for-oil-and-gas-251300497
Russia is world leader in the critical metals. https://eandt.theiet.org/content/articles/2022/03/rare-earth-metal-prices-will-skyrocket-as-ukraine-russia-tensions-continue/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Summary:
Imports rose in eight of 11 product sections, led by electronic and electrical equipment and parts, while motor vehicles and parts imports reached their highest level since February 2020.
Exports were driven lower by energy products, which fell for the first time since April 2021.
Source - https://www.nasdaq.com/articles/canada-posts-surprise-trade-deficit-of-c%24137-mln-in-december
1. Canada trade - https://www.marketwatch.com/story/canada-posts-c-137-million-trade-deficit-in-december-271644328443
2. Oil asset sale - https://www.reuters.com/business/energy/exclusive-canadas-crescent-point-looks-sell-some-oil-gas-assets-documents-2022-02-07/
3. Oil asset sale - https://financialpost.com/commodities/energy/oil-gas/spanish-oil-major-repsol-looking-to-sell-parts-of-its-canadian-assets-sources-2
4. Methane - https://www.canadianenergycentre.ca/international-comparisons-show-canada-doing-its-part-to-reduce-methane-emissions/
5. Clean - https://www.mondaq.com/canada/renewables/1158746/good-start-but-more-to-be-done-the-international-energy-agency39s-canada-2022-energy-policy-review
6. Mining - https://www.sudbury.com/local-news/research-network-seeking-proposals-to-modernize-mining-industry-5035029
7. Lithium - https://ca.proactiveinvestors.com/companies/news/973374/critical-resources-strengthens-canadian-lithium-footprint-on-finalising-graphic-lake-acquisition-973374.html
8. Port capacity - https://www.newswire.ca/news-releases/prince-rupert-port-expansion-improving-canada-s-ability-to-move-critical-goods-and-supplies-892065707.html
9. Lumber - https://www.timberindustrynews.com/canadas-lumber-giants-expand-u-s-amid-fight-tariffs/
10. Gold - https://www.northernontariobusiness.com/mining-the-northwest/mining-the-northwest-gold-developers-have-more-mines-in-the-project-pipeline-5030583
11. Oil - https://www.energyintel.com/0000017e-d4f0-da48-a97f-fdfa08170002
12. Labor costs - https://www.ibisworld.com/canada/industry-trends/industries-highest-labor-costs/
13. Australia - https://www.spglobal.com/marketintelligence/en/news-insights/research/australia-mining-by-the-numbers-2021
14. Rare Metals - https://www.kitco.com/news/2022-02-07/Global-rare-earth-metals-production-up-17-in-2021-as-production-in-China-jumps-20.html
Electricity Analysis - Canada and the OECD - December 2022.pptxpaul young cpa, cga
Blog – Power Generation and Electricity – Utility Sector – Analysis and Commentary – March 2023 - https://www.linkedin.com/pulse/blog-power-generation-electricity-utility-sector-analysis-paul-young 4
Key power grid stocks - https://www.fool.com/investing/2021/06/12/3-stocks-building-the-next-generation-energy-grid/
Climate change and the grid - https://about.bnef.com/blog/a-power-grid-long-enough-to-reach-the-sun-is-key-to-the-climate-fight/
Germany is looking at hydrogen as a source of power generation - https://www.reuters.com/business/sustainable-business/germany-build-gas-fired-power-plants-be-operated-with-hydrogen-scholz-2023-03-07/
Technological solutions related to molten salt reactors continue to evolve - https://www.autoevolution.com/news/molten-salt-reactors-the-power-source-that-may-change-our-lives-decades-before-fusion-212241.html
ESG and Sustainability adoption - https://www.triplepundit.com/story/2023/ceo-insights-esg-reporting/769591
Top energy storage technologies - https://www.startus-insights.com/innovators-guide/energy-storage-trends-innovation/#:~:text=Top%2010%20Energy%20Storage%20Trends%20in%202023%201,Storage%20Systems%20...%208%208.%20Solid-State%20Batteries%20
Data and AI - https://www.utilitydive.com/news/ai-in-the-utility-industry/543876/
Additional links - https://www.slideshare.net/paulyoungcga/electricity-analysis-canada-and-the-oecd-december-2022pptx
Electricity Analysis - Canada and the OECD - December 2022.pptxpaul young cpa, cga
Blog – Power Generation and Electricity – Utility Sector – Analysis and Commentary – March 2023
Key power grid stocks - https://www.fool.com/investing/2021/06/12/3-stocks-building-the-next-generation-energy-grid/
Climate change and the grid - https://about.bnef.com/blog/a-power-grid-long-enough-to-reach-the-sun-is-key-to-the-climate-fight/
Germany is looking at hydrogen as a source of power generation - https://www.reuters.com/business/sustainable-business/germany-build-gas-fired-power-plants-be-operated-with-hydrogen-scholz-2023-03-07/
Technological solutions related to molten salt reactors continue to evolve - https://www.autoevolution.com/news/molten-salt-reactors-the-power-source-that-may-change-our-lives-decades-before-fusion-212241.html
ESG and Sustainability adoption - https://www.triplepundit.com/story/2023/ceo-insights-esg-reporting/769591
Top energy storage technologies - https://www.startus-insights.com/innovators-guide/energy-storage-trends-innovation/#:~:text=Top%2010%20Energy%20Storage%20Trends%20in%202023%201,Storage%20Systems%20...%208%208.%20Solid-State%20Batteries%20
Data and AI - https://www.utilitydive.com/news/ai-in-the-utility-industry/543876/
Blog – What is next for Manufacturing in Canada – July 2022
Summary:
Following a 1.1% decline in May, manufacturing sales fell 0.8% to $71.8 billion in June, on lower sales in 8 of 21 industries, led by the petroleum and coal product (-7.8%), wood product (-7.2%) and aerospace product and parts (-16.8%) industries. Meanwhile, sales of motor vehicles (+13.8%) and chemical products (+6.0%) increased the most.
On a quarterly basis, sales rose 5.8% in the second quarter, the eighth consecutive quarterly gain and the third largest gain in dollars on record. The petroleum and coal industry (+21.9%) contributed the most to the increase, while the wood product industry (-6.3%) posted the largest quarterly decline.
Sales in constant dollars edged up 0.1% in June, while the Industrial Product Price Index declined 1.1% in that month. On a quarterly basis, constant dollars sales increased 1.3% in the second quarter.
Source – https://www150.statcan.gc.ca/n1/daily-quotidien/220815/dq220815a-eng.htm
Summary
• Concerns over housing debt and affordable housing are driving down markets
• Access to critical metals has become a growing concern for countries trying to shift to cleaner economic policies
• Rise of stagflation
• Supply chain disruptions continue to plague global supply chains
• High inflation is challenge for global central banks
• Threat of recession continues to rise each week
Steel Sector - Canada and the United States - August 2022.pptxpaul young cpa, cga
Blog – What is next for Steel and Metal Fabrication – September 2022
Steel producers continue to look at ways to make cleaner steel
Nickel prices continue to fluctuate
Canada needs to do more to develop its natural resources sector, like its nickel reserves
Canada automotive sectors continues to invest in the manufacturing of electrical and hybrid vehicles
Infrastructure gap needs to be addressed.
The welding industry continues to look at ways to introduce more automation
Steel Sector – Global Steel Analysis and Commentary – May 2023.pptxpaul young cpa, cga
Blog – Global Steel Production and Shipments Analysis and Commentary – Mary 2023
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt) in April 2023, a 2.4% decrease compared to April 2022.
Source - https://www.hellenicshippingnews.com/world-steel-association-april-2023-crude-steel-production-down-2-4/
What are the key challenges facing the steel sector:
Transitioning to green steel (Cost of Capital)
Higher commodity prices (Iron-Ore, Nickel, etc.)
Product mix / profitability
Asset utilization and workforce planning
How can data and AI help the address the challenges facing the steel sector:
Profitability and product mix analysis
Demand planning and forecasting
ESG and Sustainability Reporting (Regulatory and Operational Planning)
Integrated all businesses processes as part of the integrated planning and reporting cycle.
. https://actionkpi.com/ibm-planning-analytics/ and https://actionkpi.com/integrated-profitability-program/
Additional Sources:
ESG - https://www.slideshare.net/paulyoungcga/introductory-to-esg-and-sustainability-reportingpptx-257524640
Close, consolidate, and reporting - https://www.slideshare.net/paulyoungcga/close-consolidate-and-reporting-cyclepptx-256864692
Source - https://blog.gitnux.com/steel-industry-trends/
Additional Sources:
ESG - https://www.esgdao.earth/
Welding innovation - https://www.thefabricator.com/tubepipejournal/article/tubepipefabrication/covering-all-the-pipe-fabrication-bases-with-automated-welding-technology
Steel Prices - https://www.thefabricator.com/thefabricator/blog/metalsmaterials/steel-prices-cycle-down-from-early-2023-spikes
Steel Dynamics - https://ca.sports.yahoo.com/news/steel-dynamics-stld-down-12-153003932.html
Weekly Steel - https://www.steelorbis.com/steel-news/latest-news/us-raw-steel-production-up-02-percent-week-on-week-1291149.htm
Steel Challenges - https://blog.gitnux.com/steel-industry-trends/
Green Steel - https://www.marketplace.org/2023/05/22/the-steel-sector-is-carbon-intensive-green-steel-could-be-a-game-changer/ or https://planet.outlookindia.com/news/green-steel-requires-a-technological-breakthrough-in-indian-global-mills-news-415337
Nickel Prices - https://www.hellenicshippingnews.com/nickel-prices-to-gain-momentum-from-low-market-supply/
Iron-Ore - https://oilprice.com/Metals/Commodities/Declining-Iron-Ore-Prices-Show-Chinas-Recovery-is-Still-Dragging.html
Steel Sector - Canada and the United States - May 2022.pptxpaul young cpa, cga
Global crude steel production in May fell 3.5% from a year earlier to 169.5 million tonnes, World Steel Association data showed on Wednesday.
Crude steel output from China, the world's top producer and consumer of the metal, fell 3.5% to 96.6 million tonnes in May, the data showed.
Source - https://www.tradingview.com/news/reuters.com,2022:newsml_L8N2Y92J9:1-global-steel-output-falls-3-5-yr-yr-in-may-worldsteel/
Steel Sector - Canada and the United States - September 2022.pptxpaul young cpa, cga
Copper continues to face supply issues - https://www.mining.com/copper-price-down-as-chinas-yuan-falls-to-lowest-since-2008/
Iron-ore continues to face many challenges - https://www.kitco.com/news/2022-10-17/Coal-and-iron-ore-production-is-up-at-Vale-nickel-is-down.html
More and more steel producers are moving to green steel - https://www.adweek.com/brand-marketing/as-green-steel-revs-up-to-change-the-auto-industry-are-carmakers-ready-for-the-race/
Public infrastructure gaps continues to plague municipal and local governments - https://www.cfr.org/backgrounder/state-us-infrastructure
Steel continues to face higher operational costs due to both high commodities prices and energy prices.
Summary
USA manufacturing sector continues to face higher commodity prices
USA manufacturing sector continues to face issues with supply chain
Ports are still facing backlog
More and more manufacturers are moving to Industry 4.0
Steel Sector - Canada and the United States - April 2022.pptxpaul young cpa, cga
Summary:
Global crude steel production totaled 162.7 million mt in April, down 5.1% from April 2021, according to World Steel Association data published May 24.
Output from January through April totaled 619.1 million mt, down 7.1% from year-ago levels, data showed.
April global production was 1.2% higher than March.
Platts assessed domestic HRC prices in Northern Europe at Eur1,275/mt ex-works Ruhr April 29, down from $1,390/mt at the start of the month, according to S&P Global Commodity Insights.
The largest producer, China, produced 92.8 million mt of crude steel in April, making up 57% of total global crude steel output. That is down 5.2% from April 2021, but up 5.1% from March.
Total steel produced in China from January through April was 336.2 million mt, down 10.3% from the same period a year ago.
The world’s second-largest steel producer, India, produced 10.1 million mt in April, up 6.2% year on year, but down 8.8% from March. India’s January-April output was 42.3 million mt, also up 6.5% year on year.
Source - https://eurometal.net/global-steel-production-down-5-1-on-year-in-april-worldsteel/
Summary:
The copper price jumped on Tuesday after weak US manufacturing data eased concerns that the Federal Reserve will tighten monetary policy too rapidly.
The Institute for Supply Management’s gauge of US factory activity dropped to the lowest in more than two years in September, causing the dollar to retreat.
Source - https://www.usatoday.com/story/money/business/2022/10/03/s-p-500-dow-nasdaq-uk-axes-planned-tax-cut/8167019001/ or https://www.mining.com/copper-price-jumps-after-weak-us-manufacturing-data/
Summary:
There were increases in orders for machinery, primary metals and electrical equipment, appliances and components. Orders for computers and electronic products also rose as did those of fabricated metal products.
Shipments of manufactured goods increased 2.3% after rising 1.1% in February. Inventories at factories gained 1.3%. Unfilled orders rose 0.4% after climbing 0.5% in the prior month.
The Commerce Department also reported that orders for non-defense capital goods, excluding aircraft, which are seen as a measure of business spending plans on equipment, rebounded 1.3% instead of 1.0% as previously reported last month.
Source - https://www.nasdaq.com/articles/rise-in-u.s.-factory-orders-beats-expectations-in-march
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
Blog – What is next for Retail Sector and Consumer Spending – August 2023
Despite months of predictions for a global recession, consumer activity and corporate earnings are holding up surprisingly well. We believe that global long-term interest rates probably peaked in October last year, and we are now observing encouraging signs of the start of corporate earnings re-acceleration.
Clearly, we are not completely out of the woods yet. Inflation is still sticky and further rate hikes are expected over the next few months, but when we look under the hood at the companies we research, resilience stands out.
This global resilience has been surprising to all of us. In Europe, consumers seemed to sail through a severe energy crisis last winter, and in the US, consumer activity in both discretionary and staples has far exceeded most expectations at the beginning of the year.
https://www.firstlinks.com.au/global-consumer-corporate-resilience-surprises-everyone
Links and sources:
Supply chain - https://www.waffleinsurance.com/resources/insuranpedia/how-do-loss-prevention-services-address-potential-risks-arising-from-supply-chain-disruptions
Fashion and their new business model - https://www.esginvestor.net/fast-fashion-race-losing-speed/
Retailing and Technology - https://www.retaildive.com/news/retail-industry-AI-adoption/691426/
Generative AI - https://www.pymnts.com/news/artificial-intelligence/2023/generative-ai-helps-auto-fill-b2b-complexities-streamlining-communications/
Logistics - https://enable.com/blog/top-challenges-facing-the-distribution-industry-how-to-overcome-them
Coles - https://www.foodmag.com.au/coles-to-partner-with-suppliers-to-set-emission-reduction-targets-by-2027/
How to best manage data - https://www.demandtalk.com/insights/data/big-data/the-power-of-retail-data-analytics-understanding-its-role-and-the-different-types/
Valdi - https://www.forbes.com/sites/walterloeb/2023/08/21/why-aldi-acquisition-of-winn-dixie-and-harveys-supermarket-is-a-big-win/?sh=6c90ed4445b9
Partnerships - https://www.verdictfoodservice.com/comment/food-service-retail-partnerships/
Sustainable shopping - https://retail-focus.co.uk/shopping-for-sustainability/
Automation - https://www.retailcustomerexperience.com/articles/reasons-why-retailers-are-marching-fast-toward-automation/
Robotics - https://www.tbsnews.net/world/global-economy/retailers-turn-robots-cost-inflation-fight-543282
Social governance and retailing - https://www.fashionabc.org/why-the-fashion-industry-has-to-balance-profit-with-esg-and-purpose/
Summary:
New orders for U.S.-made goods fell slightly more than expected in December, but manufacturing remains supported by businesses replenishing inventories.
The Commerce Department said on Thursday that factory orders decreased 0.4% in December. Data for November was revised higher to show orders increasing 1.8% instead of 1.6% as previously reported. Economists polled by Reuters had forecast factory orders slipping 0.2%. Orders increased 16.9% in 2021.
Manufacturing, which accounts for 11.9% of the economy, is being underpinned by businesses rebuilding inventories.
Source - https://money.usnews.com/investing/news/articles/2022-02-03/u-s-factory-orders-fall-in-december-shipments-rise-further
1. USA Manufacturing – https://www.yakimaherald.com/reshoring-manufacturing-might-be-washingtons-future/article_453dc45d-b050-58a8-9bf9-27a7d6a0c516.html
2. Manufacturing optimization - https://www.energy.gov/eere/amo/articles/department-energy-awards-28-million-10-projects-will-develop-emerging
3. AI and manufacturing - https://research.aimultiple.com/manufacturing-ai/
4. Robotics - https://austincountynewsonline.com/a-record-number-of-robots-joined-american-workforce-in-2021-amid-covid-labor-crunch/
5. Shortages - https://shopmetaltech.com/industry-update/u-s-manufacturing-grew-in-january-but-remains-plagued-by-bottlenecks.html
6. Food Production - https://manufacturingglobal.com/ai-and-automation/expect-to-see-these-food-manufacturing-trends-in-2022
7. Semiconductors - https://rollcall.com/2022/02/04/cost-to-rebuild-u-s-semiconductor-manufacturing-will-keep-growing/
8. PMI - https://www.investing.com/economic-calendar/manufacturing-pmi-829
9. Future of manufacturing - https://seekingalpha.com/article/4484370-future-of-manufacturing
10. Automotive - https://www.tti.com/content/ttiinc/en/resources/marketeye/categories/industry/me-staff-20220204.html
11. Farm - https://www.tti.com/content/ttiinc/en/resources/marketeye/categories/industry/me-staff-20220204.html
12. Automation - https://www.bmc.com/blogs/it-automation-trends/
13. Raw material - https://www.koreatimes.co.kr/www/tech/2022/02/419_21021.html?fa
USA hit a record $89B trade deficit in January 2022
China continues to lag on their trade agreements with the United States
USA is looking at dealing with despot countries as part of fixing issues with oil supplies - https://www.cnn.com/2022/03/08/politics/joe-biden-saudi-arabia-venezuela-iran-russia-oil/index.html. Both Canada and USA should be focus on increasing domestic production - https://www.slideshare.net/paulyoungcga/what-is-next-for-oil-and-gas-251300497
Russia is world leader in the critical metals. https://eandt.theiet.org/content/articles/2022/03/rare-earth-metal-prices-will-skyrocket-as-ukraine-russia-tensions-continue/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Summary:
Imports rose in eight of 11 product sections, led by electronic and electrical equipment and parts, while motor vehicles and parts imports reached their highest level since February 2020.
Exports were driven lower by energy products, which fell for the first time since April 2021.
Source - https://www.nasdaq.com/articles/canada-posts-surprise-trade-deficit-of-c%24137-mln-in-december
1. Canada trade - https://www.marketwatch.com/story/canada-posts-c-137-million-trade-deficit-in-december-271644328443
2. Oil asset sale - https://www.reuters.com/business/energy/exclusive-canadas-crescent-point-looks-sell-some-oil-gas-assets-documents-2022-02-07/
3. Oil asset sale - https://financialpost.com/commodities/energy/oil-gas/spanish-oil-major-repsol-looking-to-sell-parts-of-its-canadian-assets-sources-2
4. Methane - https://www.canadianenergycentre.ca/international-comparisons-show-canada-doing-its-part-to-reduce-methane-emissions/
5. Clean - https://www.mondaq.com/canada/renewables/1158746/good-start-but-more-to-be-done-the-international-energy-agency39s-canada-2022-energy-policy-review
6. Mining - https://www.sudbury.com/local-news/research-network-seeking-proposals-to-modernize-mining-industry-5035029
7. Lithium - https://ca.proactiveinvestors.com/companies/news/973374/critical-resources-strengthens-canadian-lithium-footprint-on-finalising-graphic-lake-acquisition-973374.html
8. Port capacity - https://www.newswire.ca/news-releases/prince-rupert-port-expansion-improving-canada-s-ability-to-move-critical-goods-and-supplies-892065707.html
9. Lumber - https://www.timberindustrynews.com/canadas-lumber-giants-expand-u-s-amid-fight-tariffs/
10. Gold - https://www.northernontariobusiness.com/mining-the-northwest/mining-the-northwest-gold-developers-have-more-mines-in-the-project-pipeline-5030583
11. Oil - https://www.energyintel.com/0000017e-d4f0-da48-a97f-fdfa08170002
12. Labor costs - https://www.ibisworld.com/canada/industry-trends/industries-highest-labor-costs/
13. Australia - https://www.spglobal.com/marketintelligence/en/news-insights/research/australia-mining-by-the-numbers-2021
14. Rare Metals - https://www.kitco.com/news/2022-02-07/Global-rare-earth-metals-production-up-17-in-2021-as-production-in-China-jumps-20.html
Electricity Analysis - Canada and the OECD - December 2022.pptxpaul young cpa, cga
Blog – Power Generation and Electricity – Utility Sector – Analysis and Commentary – March 2023 - https://www.linkedin.com/pulse/blog-power-generation-electricity-utility-sector-analysis-paul-young 4
Key power grid stocks - https://www.fool.com/investing/2021/06/12/3-stocks-building-the-next-generation-energy-grid/
Climate change and the grid - https://about.bnef.com/blog/a-power-grid-long-enough-to-reach-the-sun-is-key-to-the-climate-fight/
Germany is looking at hydrogen as a source of power generation - https://www.reuters.com/business/sustainable-business/germany-build-gas-fired-power-plants-be-operated-with-hydrogen-scholz-2023-03-07/
Technological solutions related to molten salt reactors continue to evolve - https://www.autoevolution.com/news/molten-salt-reactors-the-power-source-that-may-change-our-lives-decades-before-fusion-212241.html
ESG and Sustainability adoption - https://www.triplepundit.com/story/2023/ceo-insights-esg-reporting/769591
Top energy storage technologies - https://www.startus-insights.com/innovators-guide/energy-storage-trends-innovation/#:~:text=Top%2010%20Energy%20Storage%20Trends%20in%202023%201,Storage%20Systems%20...%208%208.%20Solid-State%20Batteries%20
Data and AI - https://www.utilitydive.com/news/ai-in-the-utility-industry/543876/
Additional links - https://www.slideshare.net/paulyoungcga/electricity-analysis-canada-and-the-oecd-december-2022pptx
Electricity Analysis - Canada and the OECD - December 2022.pptxpaul young cpa, cga
Blog – Power Generation and Electricity – Utility Sector – Analysis and Commentary – March 2023
Key power grid stocks - https://www.fool.com/investing/2021/06/12/3-stocks-building-the-next-generation-energy-grid/
Climate change and the grid - https://about.bnef.com/blog/a-power-grid-long-enough-to-reach-the-sun-is-key-to-the-climate-fight/
Germany is looking at hydrogen as a source of power generation - https://www.reuters.com/business/sustainable-business/germany-build-gas-fired-power-plants-be-operated-with-hydrogen-scholz-2023-03-07/
Technological solutions related to molten salt reactors continue to evolve - https://www.autoevolution.com/news/molten-salt-reactors-the-power-source-that-may-change-our-lives-decades-before-fusion-212241.html
ESG and Sustainability adoption - https://www.triplepundit.com/story/2023/ceo-insights-esg-reporting/769591
Top energy storage technologies - https://www.startus-insights.com/innovators-guide/energy-storage-trends-innovation/#:~:text=Top%2010%20Energy%20Storage%20Trends%20in%202023%201,Storage%20Systems%20...%208%208.%20Solid-State%20Batteries%20
Data and AI - https://www.utilitydive.com/news/ai-in-the-utility-industry/543876/
Blog – What is next for Manufacturing in Canada – July 2022
Summary:
Following a 1.1% decline in May, manufacturing sales fell 0.8% to $71.8 billion in June, on lower sales in 8 of 21 industries, led by the petroleum and coal product (-7.8%), wood product (-7.2%) and aerospace product and parts (-16.8%) industries. Meanwhile, sales of motor vehicles (+13.8%) and chemical products (+6.0%) increased the most.
On a quarterly basis, sales rose 5.8% in the second quarter, the eighth consecutive quarterly gain and the third largest gain in dollars on record. The petroleum and coal industry (+21.9%) contributed the most to the increase, while the wood product industry (-6.3%) posted the largest quarterly decline.
Sales in constant dollars edged up 0.1% in June, while the Industrial Product Price Index declined 1.1% in that month. On a quarterly basis, constant dollars sales increased 1.3% in the second quarter.
Source – https://www150.statcan.gc.ca/n1/daily-quotidien/220815/dq220815a-eng.htm
Summary
• Concerns over housing debt and affordable housing are driving down markets
• Access to critical metals has become a growing concern for countries trying to shift to cleaner economic policies
• Rise of stagflation
• Supply chain disruptions continue to plague global supply chains
• High inflation is challenge for global central banks
• Threat of recession continues to rise each week
Similar to Steel Sector| Canada and the World| January 2022 (20)
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
Construction Spending and Outlook - The USA and the World - August 2023.pptxpaul young cpa, cga
Blog – Construction Sector Analysis and Commentary – August 2023
Summary:
The outlook for US construction of affordable housing is set to change dramatically over the next two years. "Developers see a massive shortage ahead, which threatens to undo the recent progress in closing the daunting affordable housing gap in many US cities," reports Bloomberg.
While interest rates have been increasing, the number of housing projects starting this year has been cut significantly. 2022 projects will typically come online after 18-24 months, therefore construction companies are expecting a severe supply shortage by mid-2025.
This slowdown is supported by statistics from the US Department of Housing and Urban Development (HUD) which received 506 applications as of May, eight months into fiscal year 2023, totalling US$12bn in Federal Housing Administration loans to construct multi-family developments. This is about half the volume of the same eight-month period in FY22 (940 applications for US$22bn) and less than one-third of the volume for the same stretch in FY21 (1739 applications for US$37bn).
The higher costs associated with inflation and rising interest rates are creating financial gaps making it hard for developers to complete below-market rental projects, resulting in significant delays, says Bloomberg.
Single-family construction starts slipped after a four-month run, down seven per cent in June, while applications for permits rose 2.2 per cent from May, according to the Census Bureau and HUD.
Source - https://www.cemnet.com/News/story/175467/us-construction-outlook-is-about-to-change-for-crh-and-others.html
Other links and sources
1. Biodiversity / Construction - https://coastcommunitynews.com.au/central-coast/news/2023/08/biodiversity-overhaul-could-pave-the-way-for-more-housing-construction/
2. CO2 embodying - https://www.linkedin.com/posts/algomaco_california-becomes-first-state-to-adopt-mandatory-activity-7095045267430809600-y2pV/
3. Green Cement - https://environmentjournal.ca/lafarge-canada-pilots-cleantech-project-to-support-sustainable-cement-production/
4. Building codes - https://www.buildinggreen.com/newsbrief/marin-county-first-adopt-low-carbon-concrete-code
5. Energy - https://www.armstrongceilings.com/commercial/en/performance/sustainable-building-design/embodied-carbon-in-buildings.html
6. Climate Change Risks - https://urbanland.uli.org/public/climate-risk-is-financial-risk-the-ever-evolving-landscape-of-climate-related-financial-disclosures/
7. Net Zero - https://www.esmagazine.com/articles/103351-the-path-to-net-zero-buildings-3-steps-to-turn-sustainability-ambition-into-action
8. Ports / Clean - https://www.bnnbloomberg.ca/ports-in-europe-lure-investors-into-clean-energy-gateway-plan-1.1966430
9. Broadband spending - https://ca.news.yahoo.com/broadcom-gives-downbeat-forecast-signaling-221519671.html
10. Construction materials - https://www.marketplace.org/2023/09/01/climate-change-is-making-home-construction-more-expe
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
1. Steel Sector – Canada
and the United States
PAUL YOUNG CPA CGA
FEBRUARY 23, 2022
2. Paul Young - Bio
Contact information email: paul.young@ca.ibm.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
CPA, CGA (1996)
Academia (PF1, FA4, FN2, MU1. and MS2)
SME – Customer Success Management
SME – Risk Management
SME – Close, Consolidate and Reporting
SME – Public Policy
SME – Emerging Technology
SME – Business Process Change
SME – Financial Solutions
SME – Macro/Micro Indicators
SME – Supply Chain Management
SME – Data, AI, Security, and Platform
SME – Internal Controls and Auditing
11. AI and /Analytics - Steel
AI and Steel Materials - https://www.hannovermesse.de/en/news/news-articles/ai-takes-a-closer-look-
at-steel-materials
Russian Steel and AI - http://marchmontnews.com/Industry-Manufacturing/North-West/22796-
Russian-steel-giant-benefits-artificial-intelligence--.html
Asset utilization and maintenance - https://www.machinedesign.com/automation-
iiot/article/21837373/how-predictive-maintenance-is-improving-asset-efficiency
13. Blog – Steel Sector
In a statement accompanying the report, PMA President David Klotz noted the lack of labor as one of several challenges in metal
forming right now. Klotz noted that helping member companies find and maintain employees is “a major focus” for his organization,
and that it was working on a campaign to attract workers to the industry by driving awareness and strengthen workforce training
programs.
While the report did not include a question on the price of materials, Klotz said prices for raw materials are still increasing trouble for
companies engaged in machining and shaping them. “Lead times and skyrocketing prices for raw materials, particularly steel, but also
for aluminum, copper, brass and other metals, continue to grow and now extend into 2022 in some cases,” he said.
https://www.industryweek.com/the-economy/data-and-statistics/article/21176048/metalformers-face-raw-material-price-hikes-and-
labor-shortages?utm_source=IY%20IW%20Daily%20Headlines%20-
%20Morning&utm_medium=email&utm_campaign=CPS210920133&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C
7930I4506489J2B&oly_enc_id=7930I4506489J2Bhttps://www.industryweek.com/the-economy/data-and-
statistics/article/21176048/metalformers-face-raw-material-price-hikes-and-labor-
shortages?utm_source=IY%20IW%20Daily%20Headlines%20-
%20Morning&utm_medium=email&utm_campaign=CPS210920133&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C
7930I4506489J2B&oly_enc_id=7930I4506489J2B
Addressing critical aspects of productivity, like asset write-off or R&D or all aspects of the circular economy or other areas need to be a
key focus by all levels of government
https://www.slideshare.net/paulyoungcga/steel-sector-canada-and-the-world-august-2021
14. Steel Industry
Automation - https://www.canadianmetalworking.com/canadianmetalworking/news/covid19/automation-
alley-contributes-to-white-paper-report-on-the-impact-of-covid-19-on-advanced-manufacturing
Slow growth - https://www.ibisworld.com/canada/market-research-reports/iron-steel-manufacturing-industry/
Steel market collapse in 2020 -https://tradingeconomics.com/commodity/steel
Iron-Ore supply - https://economictimes.indiatimes.com/markets/expert-view/china-australia-tensions-could-
disrupt-metals-market-probis-securities/articleshow/76152926.cms?from=mdr
Wider losses for steel companies - https://www.industryweek.com/the-economy/trade/article/22028262/us-
steel-plunges-as-industry-earnings-reel-with-price-of-metal
Week demand and over supply - https://www.business-standard.com/article/companies/weak-demand-
oversupply-price-drop-to-hit-steel-sector-in-q2-fy21-ind-ra-120070400508_1.html
Iron-Ore Production down in 2020 - http://www.tradearabia.com/news/IND_369812.html
AI and Analytics - https://www.ibm.com/blogs/client-voices/isdemir-improves-steel-production-iot/ or
https://www.metaltechnews.com/story/2020/06/24/mining-tech/shell-ibm-launch-smart-mining-
platform/259.html
Adjusting to the new norm - https://www2.slideshare.net/paulyoungcga/new-normal-for-canada-and-the-
world
15. Other Sources
If you like to learn more
about trade and/or
other subjects as part of
your professional
learning and
development then feel
free to review my
material on
https://www.udemy.co
m/ (search Paul Young
CPA CGA