Factor market – Resource KT http://resourcekt.co.uk/ Thu, 16 Sep 2021 03:19:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://resourcekt.co.uk/wp-content/uploads/2021/03/cropped-icon-32x32.png Factor market – Resource KT http://resourcekt.co.uk/ 32 32 FlexShares – FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) gains 0.37% on high volume on September 15 https://resourcekt.co.uk/flexshares-flexshares-morningstar-emerging-markets-factor-tilt-index-fund-tlte-gains-0-37-on-high-volume-on-september-15/ Thu, 16 Sep 2021 01:40:00 +0000 https://resourcekt.co.uk/flexshares-flexshares-morningstar-emerging-markets-factor-tilt-index-fund-tlte-gains-0-37-on-high-volume-on-september-15/

FlexShares Trust – The FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (NYSE: TLTE) gained to close at $ 62.96 on Wednesday after gaining $ 0.2324 (0.37%) on volume of 21,935 shares. The stock ranged from a high of $ 63.00 to a low of $ 62.49, while the market cap of the FlexShares – FlexShares Morningstar Emerging Markets Factor Tilt Index Fund now stands at $ 333,672,163.

See the profile of the FlexShares Trust – FlexShares Morningstar Emerging Markets Factor Tilt Index Fund for more information.

About the New York Stock Exchange

The New York Stock Exchange is the largest stock exchange in the world in terms of market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

To get more information on FlexShares Trust – FlexShares Morningstar Emerging Markets Factor Tilt Index Fund and to follow the latest company updates, you can visit the company profile page here: FlexShares Trust – FlexShares Morningstar Emerging Markets Emerging Markets Factor Tilt Index Fund’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer

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Deal with Marc Gasol exacerbates a serious pre-existing problem for the Lakers: their lack of negotiable salary https://resourcekt.co.uk/deal-with-marc-gasol-exacerbates-a-serious-pre-existing-problem-for-the-lakers-their-lack-of-negotiable-salary/ Sat, 11 Sep 2021 17:08:45 +0000 https://resourcekt.co.uk/deal-with-marc-gasol-exacerbates-a-serious-pre-existing-problem-for-the-lakers-their-lack-of-negotiable-salary/

The Lakers never seemed to fully appreciate what Marc Gasol brought to court. They signed him to shoot, pass and play smart defense, but despite doing exactly those things, they’ve now replaced him with questionable fits on several occasions. The Andre Drummond saga was well documented, and while it’s not clear whether the addition of DeAndre Jordan was a reaction to Gasol’s desire to return to Spain or what motivated him in the first place, it is worth considering note that Gasol has publicly committed to return. to the Lakers in August, before Jordan was pictured.

But for a Lakers team that is certain to close with Anthony Davis at the center of the playoffs, Gasol’s value on the field in the playoffs was pretty minimal. He will be 37 in January and Phoenix brutally targeted him in pick-and-roll in the first round. As comfortable as his shots and passes would have been alongside Russell Westbrook, the Lakers really only lose about 15 minutes per game giving it away. It probably won’t make the difference between winning a championship and losing prematurely, but what Gasol brought to the Lakers on the pitch was ultimately not as valuable as what he could have done for them. Gasol was one of the Lakers’ most important trading chips.

No, this does not mean that Gasol had substantial commercial value. The Lakers gave the Grizzlies a second-round pick to take it on. But the Lakers have an extremely unorthodox salary structure. Ignoring dead money, over 81% of their team pay is spent on three players: Davis, Westbrook and LeBron James. Only five players on the list earn more than minimum wage, the other two being Talen Horton-Tucker ($ 9.5 million) and Kendrick Nunn ($ 5 million). The wisdom of building such a hefty list is questionable, but what isn’t are the limits it places on a front office. When your top three players are functionally non-tradable, it becomes much more difficult to make any kind of meaningful in-season trade with what’s left. Even though the Lakers can use draft picks to convince a rebuilding team to give them an expensive player, they just don’t have much of a way to match that salary to make such a trade legal.

That’s where Gasol comes in. Most of the Lakers’ minimum wage signings will count for just under $ 1.7 million from the cap. This is the minimum wage for a player with two years of NBA experience. Older players earn more, but the NBA refunds teams the difference and does not count it against the cap so as not to discourage them from signing veterans. There is, however, one exception to this rule. When a player signs a multi-year minimum contract, it counts towards the actual amount he receives in the cap. This was the case for Gasol, who signed a two-year contract during the last offseason. That made him count around $ 2.7 million against the cap rather than the roughly $ 1.7 million for all other Laker minimums. He was, in terms of cap, the sixth most expensive Laker even though he was technically doing the minimum.

All this to say that if the Lakers had wanted to make an interesting trade in season, keeping Gasol’s salary would have been useful. Combine the salaries of Gasol and Nunn, for example, and the Lakers could have absorbed a player worth around $ 9.6 million. Under any other minimum player and that number drops to just $ 8.4 million. This difference may seem small, but when you factor in other players and possible cap machinations like stepladder trades, it could be the difference between the Lakers being able to match pay on a 3-and-D wing. precious like Terrence Ross and not being able to do it. It is reasonable to assume that the Lakers are considering transactions of this nature because J. Michael, then of the Indianapolis Star, recently reported that they are interested in Jeremy Lamb and his salary of $ 10.5 million. Yet they have actively made such an acquisition more difficult by delivering Gasol now.

So why did they do it? Gasol had an agency here, for example. He could have retired at any time and taken that decision away from them. Out of charity, we might call it a favor to a veteran player. The Gasol family is Lakers royalty thanks to Pau’s tenure in purple and gold. His breakup with the Lakers was not particularly friendly. After a tumultuous season, the Lakers may not have wished for a similar fate for his brother. He probably wouldn’t have been happy to wait in commercial purgatory for a mid-season deal that may never come.

But there was also an undeniable financial element in this decision. Gasol’s move saved the Lakers $ 10 million in luxury wages and taxes, and even though the Lakers sign another veteran to occupy the 14th spot on their list, the demotion of $ 2.7 million de Gasol at $ 1.7 million will still keep those tax savings at around $ 4 million. If they had instead withheld Gasol for the express purpose of trading it later, the cost would have been eight figures. Keep in mind that not only would they have given up on those savings, but they would likely have added a more expensive player than the package they would send overall. In addition to the trade increasing their payroll, they would also have to sign more players to fill vacancies in what would almost certainly have been an imbalanced trade.

It would be unfair to call the Lakers cheap during an offseason in which they acquired the fourth highest paid player in all of basketball, but they have undoubtedly made some financially motivated decisions. Alex Caruso was would be willing to leave money on the table to go back to the Lakers, but they still chose not to re-sign him. Chris Haynes of Yahoo Sports have indicated that they plan to keep their 15th place on the roster open at the start of the season, a move that will ultimately save millions more against the tax. They have access to sources of income that other teams can only dream of, but they currently only have the sixth highest payroll in basketball. Forget about big markets like Brooklyn and Golden State spending too much. At the moment, they’re much closer to the smaller Bucks and Jazz markets. They will have to sign a 14th player to exceed them in salary commitments.

The Lakers could certainly still make a decent-sized trade this season. They could even give themselves a more negotiable salary by re-signing Wes Matthews to a deal worth more than the minimum using his non-bird rights. It just doesn’t seem like the Lakers are willing to make the financial commitments necessary to position themselves for such a move without knowing for sure it’s coming. These budgetary concerns are not necessarily firm. For the good deal, the Lakers might still be willing to add a paycheck. They just don’t seem willing to do it blindly.

Gasol’s decision may not have been in their hands. He might have decided to retire regardless of their movements. They might also have recognized those savings and started the ball rolling by suing Jordan. As the Drummond saga demonstrated, they weren’t exactly in love with his skills. No matter how or why the Lakers decided to trade Gasol on Friday, the likely outcome was a slightly less flexible roster. Unless the Lakers surprisingly lower Matthews above the minimum or add a similarly priced player via the Gasol trade exception generated more than 60 days before the trade deadline, their non-minimum wages to be suspended. in eventual in-season agreements will be Horton-Tucker. and Nunn. That’s it. That doesn’t necessarily rule out trades, but it makes them even more difficult for a team that was in charge at the start. Gasol may not have been a factor for the Lakers in the playoffs. He might not even have been in the rotation. But he was a tool the Lakers could have used to help find someone who might have been. Now he’s not, and the Lakers will have to trust even more who they already have to compensate.

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Supercomputers predict vulnerabilities in rare earths market https://resourcekt.co.uk/supercomputers-predict-vulnerabilities-in-rare-earths-market/ Wed, 08 Sep 2021 23:53:21 +0000 https://resourcekt.co.uk/supercomputers-predict-vulnerabilities-in-rare-earths-market/

Supercomputers predict vulnerabilities in rare earths market

A supercomputer at the Argonne National Laboratory

Photo of the Argonne National Laboratory,

This is part 3 of a special 3 part report on the rare earths market.

Researchers at the Argonne National Laboratory are using supercomputers and agent-based models to predict fluctuations in the rare earth elements market.

Events such as mine closures or export embargoes could cut supply and disrupt markets, according to a study titled “Agent-Based Modeling of Supply Disruptions in the Global Rare Earth Market,” first published in the January issue of Resources, Conservation and Recycling.

Rare earth minerals are becoming increasingly important to the global economy and are used in a variety of electronic and military weapon subsystems found in precision guided missiles, radar and engines. reaction. They are relatively common and mined around the world, but China currently has control over their refining. In the past, the nation has threatened to halt exports of refined rare earths during political disputes.

Researchers in a Defense Logistics Agency program analyzed the potential effects of three out-of-supply scenarios for 10 of 17 rare earth elements – along with a handful of associated compounds – to determine the effects on the market. The DLA is obligated to send a report to Congress on rare earth supplies every two years.

They used Argonne’s Global Critical Materials (GCMat) tool, an agent-based model, which is a computational framework to simulate interactions between different entities in a given system.

“If there is a disturbance of rare earth flows from China, it can have significant effects,” said one of the report’s co-authors, Matthew Riddle, deputy energy scientist at Argonne. It can take up to seven years for a mine to come into production, he added.

Allison Bennett Irion, Group Leader, Nuclear / Radiological Proliferation Analysis and Modeling at Argonne and co-author of the report, said: “One area we looked at in the model is… what are the decision points that would make someone want to open or close a mine. The “location of the deposit is a factor and a lot of it comes down to a lot of regulatory elements,” she said in an interview.

“Critical materials are those that we’ve seen disruption in the past and seen can happen quickly, so I think we just have to make sure we understand the market,” she added. .

Riddle said, “With agent-based modeling, we can capture what’s going on in a market with much more fidelity and detail than with other types of modeling. “

In general, the analysis found that under the temporary scenarios – a one-year export halt and a two-year mine closure – the price impacts tended to last for years beyond. the period of disruption. The effects on production, capacity and demand could also last longer.

The GCMat team used the Argonne high-performance computing Bebop cluster at the Laboratory Computing Resource Center to calibrate the model and assess uncertainties over a range of diverse market scenarios.

“Agent-based modeling examines the parameters that trigger decisions, such as whether to open or close a mine, and how those decisions impact the market and the supply chain,” said Irion .

The accessibility of a mine and the types and amounts of elements found in the veins are also factors, she added.

“China – being the biggest player in this space – if it decided to reduce its exports, it would not be an area where someone else in the rest of the world could very quickly close this gap,” he said. she declared.

The largest price increases in response to disturbances have occurred for dysprosium, which is used in high performance magnets, specialty alloys, and other applications. Didymium, which is a mixture of neodymium and praseodymium, has also been found to be subject to price spikes, according to a press release.

Future studies “may examine the facts of additional US production at different stages of the supply chain and where it could make the biggest difference,” said Irion.

The model suggested that some mines that started outside China in response to a disruption likely could not continue to operate once primary supplies were recovered, she said.

The subjects: Department of Defense

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Does the weak fundamentals of Altus Group Limited (TSE: AIF) mean that the market could correct its share price? https://resourcekt.co.uk/does-the-weak-fundamentals-of-altus-group-limited-tse-aif-mean-that-the-market-could-correct-its-share-price/ Sat, 04 Sep 2021 12:09:12 +0000 https://resourcekt.co.uk/does-the-weak-fundamentals-of-altus-group-limited-tse-aif-mean-that-the-market-could-correct-its-share-price/

Altus Group (TSE: AIF) has performed well in the equity market with a significant increase in its share of 16% over the past three months. However, in this article, we have decided to focus on its weak fundamentals, as a company’s long-term financial performance is what ultimately dictates market performance. More specifically, we have decided to study the ROE of the Altus Group in this article.

Return on equity or ROE is an important factor for a shareholder to consider because it tells them how efficiently their capital is being reinvested. In simpler terms, it measures a company’s profitability relative to equity.

Consult our latest analysis for the Altus Group

How to calculate return on equity?

The return on equity formula is:

Return on equity = Net income (from continuing operations) ÷ Equity

Thus, on the basis of the above formula, the ROE of the Altus Group is:

8.1% = C $ 33 million ÷ C $ 407 million (based on the last twelve months to June 2021).

The “return” is the amount earned after tax over the past twelve months. This means that for every C $ 1 of equity, the company generated C $ 0.08 in profit.

Why is ROE important for profit growth?

We have already established that ROE is an effective indicator of profit generation for a company’s future profits. Based on the portion of its profits that the company chooses to reinvest or “keep”, we are then able to assess a company’s future ability to generate profits. Assuming everything else remains the same, the higher the ROE and profit retention, the higher the growth rate of a business compared to businesses that don’t necessarily have these characteristics.

8.1% profit growth and ROE of the Altus Group

At first glance, the Altus Group’s ROE does not seem very promising. We then compared the company’s ROE to that of the industry as a whole and were disappointed to find that the ROE is 11% below the industry average. Therefore, it may not be wrong to say that the 18% drop in five-year net profit observed by Altus Group is likely the result of lower ROE. We believe there could be other factors at play here as well. Such as – low profit retention or misallocation of capital.

That being said, we compared the performance of the Altus Group with that of the industry and became concerned when we found that although the company reduced its profits, the industry increased its profits at a rate of. 11% over the same period.

TSX: AIF Past Earnings Growth September 4, 2021

Profit growth is an important metric to consider when valuing a stock. What investors next need to determine is whether the expected earnings growth, or lack thereof, is already built into the share price. This will help them determine whether the future of the stock looks bright or threatening. A good indicator of expected earnings growth is the P / E ratio which determines the price the market is willing to pay for a stock based on its earnings outlook. So, you might want to check if Altus Group is trading high P / E or low P / E, relative to its industry.

Is the Altus Group effectively reinvesting its profits?

With a high three-year median payout rate of 89% (implying that 11% of profits are retained), most of Altus Group’s profits go to shareholders, which explains the company’s declining profits. With only a little money reinvested in the business, earnings growth would obviously be little or no. Our risk dashboard must include the 3 risks that we have identified for the Altus Group.

Additionally, Altus Group pays dividends over a period of at least ten years, which suggests that sustaining dividend payments is much more important to management, even if it comes at the expense of growing the business. . After studying the latest consensus data from analysts, we found that the company’s future payout ratio is expected to drop to 25% over the next three years. The fact that the company’s ROE is expected to increase to 21% over the same period is explained by the lower payout ratio.


All in all, we would have thought carefully before deciding on any investment action concerning the Altus Group. Because the company does not reinvest much in the business and given the low ROE, it is not surprising that there is no or no growth in its earnings. However, the latest forecast from industry analysts shows that analysts expect a significant improvement in the company’s earnings growth rate. Are the expectations of these analysts based on general industry expectations or on company fundamentals? Click here to go to our business analyst forecasts page.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.
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Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.

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Australian real estate market could be ‘pandemic proof’ https://resourcekt.co.uk/australian-real-estate-market-could-be-pandemic-proof/ Thu, 02 Sep 2021 01:58:09 +0000 https://resourcekt.co.uk/australian-real-estate-market-could-be-pandemic-proof/

S&P Ratings, one of Australia’s leading credit rating agencies, released a report suggesting the mortgage market is booming despite lingering problems in the rest of the economy, and saying it could, so far at least be ‘pandemic proof’.

The unique situation of the mortgage market, with ultra-low interest rates, high savings levels and active refinancing, could lead to a situation where the mortgage market displays an unusually high level of recession resilience, blockages and the pandemic.

“What the report and the performance statistics show, particularly on the mortgage arrears front, is that the pandemic has not had a significant impact on household debt servicing, that is, – say people can pay off their mortgages, ”said Erin Kitson, an RMBS. analyst at S&P.

“This was supported by a few key factors. First and foremost is the historically low interest rate market, as the Australian mortgage market has a high proportion of variable rate mortgages and the loans underlying RMBS transactions are weighted more by variable rates.

“There’s a pass-through effect there, because with a drop in interest rates, you usually see an improvement in debt service. It is a key factor.

“The other thing that helps, which is a pandemic nuance, is that household savings have piled up.”

“There are fewer spending options, especially without overseas travel and less interstate travel, especially if you’re in Victoria or now in New South Wales. This has contributed to an accumulation of household savings.

“Obviously from a consumer perspective it’s not great because the RBA is hoping people will spend and not save, but from a debt servicing perspective, if you have household savings , you have repayment pillows to help you under pressure on your income. continue to face mortgage repayments.

“What also contributes to debt service are the strong refinancing terms, which indicate strong and competitive loan terms. Strong refinancing terms allow borrowers who are under financial pressure to extricate themselves from arrears by seeking another mortgage at a better rate from another lender.

“It’s a common way to self-manage to escape financial pressure, and given the stiff competition with these ultra-low fixed-rate mortgage offers, there’s a lot of refinancing. This is another important plus point for ease of maintenance.

READ MORE: Mortgage Broker Market Share Hits New Record

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Why DeFi Yield Protocol DYP has a potential of 1,000x https://resourcekt.co.uk/why-defi-yield-protocol-dyp-has-a-potential-of-1000x/ Sat, 28 Aug 2021 20:06:36 +0000 https://resourcekt.co.uk/why-defi-yield-protocol-dyp-has-a-potential-of-1000x/

NYC, August 28, 2021 (GLOBE NEWSWIRE) – In some ways, crypto is quite similar to the gold rushes that periodically gripped the world between the 17the and 20e century. The discovery of gold at Sutter’s Mill in 1848 resulted in the influx of over 300,000 migrants to California. But mining for gold was hard work, and the trip to California alone claimed the lives of many fortune seekers.

Fortunately, these days we don’t have to leave our homes to make a fortune. Although regulations differ from country to country, crypto is available worldwide. But where individual miners used to search with a pot of gold, crypto investors now have to explore over 11,000 cryptocurrencies and tokens available on the market to find treasure. Finding a 1.000x gem under these conditions is rare, but CryptoBusy has done a lot of research, and in their August 14 videoe appointed DeFi Performance Protocol (DYP), as their choice for a 1.000x.

DYP has not been immune to the price fluctuations of the broader market throughout this year. With Bitcoin dropping from its all-time high of $ 64,000 to $ 29,000 between April and June of this year, DYP has also suffered from the drop from its all-time high of $ 5.20 to just over $ 0.24 a year ago. month. Trading at $ 0.3259 at time of registration, CryptoBusy praised DYP for its anti-manipulation feature. This feature is rarely seen in crypto, but perhaps should be more widely adopted to prevent whales from controlling the network. If the market widely adopts this innovative feature, DYP should reap the benefits.

While a 1,000x for most cryptos would be nearly impossible, a 1,000x would land DYP somewhere around the market cap of $ 3.6 billion, making it “only” on the 37th.e biggest crypto. Therefore, CryptoBusy concludes that for DYP a 1.000x is quite possible.

Indeed, since the video’s release not two weeks ago, DeFi Yield Protocol has seen its price rise nearly 150% to a local high of $ 0.79 as more people take it. awareness of their innovative solutions. If CryptoBusy was right, however, this is nothing compared to an expected price of over $ 300 per DYP at 1,000x.

As the current bull cycle continues, the DYP team isn’t just waiting for people to take notice. They have recently extended to the Avalanche chain, sponsor several sporting events and have introduced new features in their protocol, such as the buyback program. For those who have only recently stepped into crypto waters, DYP’s Teki Kola also frequently hosts giveaways on Twitter, and the team recently produced plenty of beginner-friendly tutorials to get started on the DeFi platform. Yield Protocol.

The DeFi Yield Protocol has also managed to achieve significant numbers which clearly show how undervalued it is currently:

– 8,708 ETH, 6,513 BNB and 9264 AVAX with a value of $ 31,824,779 paid to liquidity providers; so imagine that they managed to pay its users over $ 31 million and their market cap is only $ 8,141,223.
– $ 9,501,902 in cash on Uniswap, PancakeSwap and Pangolin (the largest DeFi exchanges in Ethereum, Binance Smart Chain and Avalanche); even their total liquidity is greater than the current market capitalization.
– $ 12,172,946 blocked in different pools through their farming, staking and buyout pools.

All of these numbers show how undervalued the DYP token is and why the famous youtuber and crypto analyst made this price prediction. Another important factor to consider is their partners, they have only done integrations with large platforms such as Chainlink, Avalanche, Pangolin, and Coin98 Wallet.

DYP is currently trading at $ 0.64 with a market cap of around $ 8.1 million, the current low price provides a perfect entry point for market participants looking to cash in on the farming protocol of top performance.

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]]> ferromanganese market worth USD 96.08 billion by 2028 | https://resourcekt.co.uk/ferromanganese-market-worth-usd-96-08-billion-by-2028/ Wed, 25 Aug 2021 12:00:00 +0000 https://resourcekt.co.uk/ferromanganese-market-worth-usd-96-08-billion-by-2028/

Pune, India, Aug 25, 2021 (GLOBE NEWSWIRE) – The global ferromanganese market size is expected to grow to reach $ 96.08 billion by 2028, from $ 73.12 billion in 2021, while showing a CAGR of 4% between 2021 and 2028. In its report entitled “Ferromanganese Market Size, Share and COVID-19 Impact Analysis, By Quality (High Carbon FeMn, Medium Carbon FeMn, and Low Carbon FeMn), By Application (Iron & Steel, Alloy Steel) et al.) and regional forecasts, 2021-2028”Fortune Business Insights ™ mentions that the market was worth $ 70.85 billion in 2020.

The increasing use of stainless steel in various architectural structures around the world, and other construction projects, has increased its demand. Furthermore, its application in various other industries is expected to boost the ferromanganese materials market in the coming years.

Impact of COVID-19

Amid the COVID-19 pandemic, demand for ferromagnetic substances has been reduced. As for curbing the spread of the virus, the import and export restrictions imposed by the government. This has resulted in disruptions in both the demand and supply of Mn ore. Thus affecting the ferroalloy industry globally. Additionally, the second wave in countries like India impacted the imperative growth of this industry, and manufacturing companies engaged in supplying liquid medical oxygen (OMT) to hospitals due to the shortage. continuous oxygen available. For example, in April 2021, Jindal Steel & Power Ltd (JSPL) announced that more than 500 tonnes of LMO stock is available at its plant in Angul, India. All of this has had a strong impact on this market.

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What does the report provide?

The research report of Ferromanganese market provides a detailed analysis of several factors such as major drivers and restraints that will impact the growth. Further, the report provides information on regional analysis which covers different regions, contributing to the growth of the market. It understands the competitive landscape that involves leading companies and adopting strategies to introduce new products, announce partnerships, and collaborate to help grow the market.

Driving factor

Growing demand for stainless steel in construction industry to drive market growth

Growing construction activities around the world have increased the demand for excellent corrosion resistance, toughness and good resistance to stainless steel. For example, in a report by the World Steel Association, about 52% of steel is occupied by the construction industry. These are most widely used in architectural cladding, handrails, roofing, drainage and water systems, and fasteners. In addition, they are also used in the manufacture of beams, columns, awnings, atriums, pool enclosures and the like to give it aesthetic appeal, which is the main requirement of modern construction and thus stimulates the growth of the ferromanganese market.

Regional perspectives

Asia-Pacific to dominate thanks to the presence of renowned key players

Asia-Pacific is expected to remain at the forefront and occupy the highest position in the market during the forecast period due to the presence of large manufacturers in the region. In addition, the growing demand for materials in construction activities in developing economies favors the margin. It generated $ 27.83 billion in revenue in 2020.

Europe is expected to experience significant growth in ferromanganese market share in the coming years. This is due to its heavy use in the automotive industry. As in the region, the demand for steel has exploded in the manufacture of electric cars. Thus, this industry is also expected to experience significant growth.

Regional segmentation:

By grade, the market is segmented into high carbon FeMn, medium carbon FeMn and low carbon FeMn. By application, the market is divided into iron and steel, alloy steel, and others.

Finally, based on the region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa.

Do your research before purchasing this research report:


Competitive landscape

Key players to focus on acquisitions to strengthen their positions in this market

The market is consolidated by large companies keen to maintain their position by favoring new launches. For example, in May 2021, Maithan Alloys acquired Impex Metals & Ferro Alloys for Rs 74.22 crore. This acquisition will increase the production capacity of Maithan alloys by 70,355 TPA of ferro and silicomanganese. Such strategic moves will help establish a solid market prospectus in the years to come.

Fortune Business Insights features some of the leading companies operating in the ferromanganese market. They are as follows:

  • Monnet Group (New Delhi, India)
  • Maithan Alloys Limited (Kolkata, India)
  • Tata Steel (Mumbai, India)
  • Gulf Manganese Corporation Limited (Perth, Western Australia)
  • Vale (Rio de Janeiro, Brazil)
  • Ferroglobe (London, United Kingdom)
  • OM Holdings Ltd. (Singapore)
  • South32 (Perth, Western Australia)
  • Nippon Denko (Tokyo, Japan)
  • Other key players

Important developments in the Ferromanganese market industry include:

April 2021: Salasar has started a new steel fabrication unit in Hapur, Uttar Pradesh. This newly launched factory has a total production capacity of 15,000 tonnes per year.

Main Table of Contents for the Ferromanganese Market:

  • introduction
    • Scope of research
    • Market segmentation
    • Research methodology
    • Definitions and assumptions
  • Abstract
  • Market dynamics
    • Market factors
    • Market constraints
    • Market opportunities
  • Key ideas
    • Main emerging trends – for the main countries
    • Latest technological advances
    • Regulatory Analysis
    • Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers and Acquisitions
  • Qualitative Analyzes – Impact of COVID-19 on the Global Ferromanganese Market
    • Supply chain challenges
    • Measures taken by government / companies to overcome this impact
    • Potential opportunities due to the COVID-19 epidemic

TOC Continued…!

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It’s still a KOOL brand, BLOOM – KOOL cigarettes smoke the OOs embedded in BLOOM cannabis products | Dorsey & Whitney LLP https://resourcekt.co.uk/its-still-a-kool-brand-bloom-kool-cigarettes-smoke-the-oos-embedded-in-bloom-cannabis-products-dorsey-whitney-llp/ Mon, 23 Aug 2021 18:22:20 +0000 https://resourcekt.co.uk/its-still-a-kool-brand-bloom-kool-cigarettes-smoke-the-oos-embedded-in-bloom-cannabis-products-dorsey-whitney-llp/

Like me, Judge Otis D. Wright of the Central District of California remembers KOOL. A former brand of menthol cigarettes, KOOL Brands and its owner ITG Brands, LLC have sued Capna Intellectual, claiming that Capna’s use of Bloom Brands’ nested “OO” in its marketing of packaged cannabis products violates and dilutes the KOOL brands. After a June 7 hearing in which Justice Wright urged the parties to agree on an appropriate preliminary injunction, on June 21, Justice Wright signed ITG’s revised proposal preliminary injunction, which was more limited and prohibited Bloom from using “OO” and / or nested circles in its marketing and promotional materials. This ultimately led to a settlement and permanent injunction stipulated released earlier this month. While the preliminary and stipulated permanent injunctions are relatively standard in form and may not be worth mentioning, there are a few points from the parties’ submission on the preliminary injunction and the hearing that are worth considering.

Based on my own review of the presentation and application of the Arts and crafts confounding risk factors, this case has been very close, and I might like not issued a preliminary injunction.

Bloom Brands’ most interesting argument didn’t fit any of the eight Arts and crafts The factors. Bloom Brands juxtaposed the fall of menthol cigarettes as a product and the consequent falls of brands affiliated with that product, including KOOL, with mass legalization and the rise of cannabis products and brands in the majority of markets. United States. For example, Bloom argued that the KOOL brands and its nested “OOs” may have had “a worldwide reputation for quality and authenticity” in the 1930s, but Bloom claimed that by 2021 the “reputation of KOOL is to sell addictive toxic carcinogens to minorities. Bloom also argued that on April 29, 2021, the FDA announced it would ban menthol cigarettes nationwide. In contrast, Bloom claimed that much of the country has moved towards legalizing the In short, Bloom made a compelling argument that the KOOL brands star had fallen, while the Bloom Brands star rose in such a way that any confusion was not just unintentional (a Arts and crafts factor), but would actually damage Bloom’s image (and benefit KOOL’s). This argument is convincing and undoubtedly covers many Arts and crafts factors, with respect to the strength of the marks, the actual confusion, the intention of the defendant in the choice of the mark and the likelihood of expansion into other markets. Perhaps the best KOOL replica is in the eighth Arts and crafts factor — likelihood of expansion into other markets — because even assuming menthol cigarettes are on the way out, after 88 years, KOOL should have the right to expand its use of nested OOs to cannabis if it decides. to do so in the future. Justice Wright noted a corollary to this potential retaliation during the June 7 hearing when he questioned whether “ITG’s goodwill could be compromised for the honest of us who might now think that KOOL entered the cannabis market and find it reprehensible even in California? “

From a purely theoretical point of view, I would have liked to see how this dispute unfolded. Among Geriatric Millennials and Gen Xers, KOOL is a strong brand and there is good reason to believe that there is a high likelihood of confusion. And as Justice Wright announced, this same demographic might be offended if they mistakenly believed that KOOL had ventured into cannabis, which could undermine KOOL’s goodwill. On the other hand, Bloom is not wrong to say that among the younger ones, KOOL has very little, if any, brand strength in large part due to the strict restrictions on cigarette advertising since late. 1990s. And the so-called “rights” of this younger demographic are also more likely to view menthol cigarettes as evil and cannabis as good, so any real confusion among consumers could actually benefit the consumer. KOOL and hurt Bloom, among this demographic. .

One also cannot help but wonder if an unwritten, ninth, non-Arts and crafts factor would have tipped the scales in favor of KOOL and against Bloom here. While the majority of states have legalized cannabis in one form or another, the federal government has not. Had he been forced to decide whether to issue a preliminary injunction against Bloom on the original papers alone, curious whether Judge Wright would have inclined to issue the injunction simply because Bloom is selling an illegal product federally.

Either way, Justice Wright did the parties a huge service by forcing them to come together and come up with a business solution to share the pain as well, which ultimately led to a settlement. Justice Wright even commented that he was tired after every hearing of half of the “angry parties”, and after advising the parties that if either party acted unreasonably, he would decide against it. unreasonable part, he sent them back to figure it out and gave them time to do so. And they did. Both sides benefited from Justice Wright’s pragmatic approach and, ultimately, “coolerThe heads prevailed. Congratulations to everybody.

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Coupang (NYSE: CPNG) can easily afford to drive business growth https://resourcekt.co.uk/coupang-nyse-cpng-can-easily-afford-to-drive-business-growth/ Sun, 22 Aug 2021 15:44:36 +0000 https://resourcekt.co.uk/coupang-nyse-cpng-can-easily-afford-to-drive-business-growth/

This article first appeared on Simply Wall St New.

Over the past decades, the growth of online retailing has been nothing short of astonishing. While global players like Amazon have become multibillion-dollar juggernauts, regional players have risen to conquer niche markets.

After a launch in 2010, Coupang ( NYSE: CPNG ) has grown into South Korea’s largest online retailer, focusing on speed of delivery. The company claims that 99% of its orders are delivered within 24 hours.

Yet after the IPO debuted in March, the stock has steadily fallen, followed by lackluster earnings reports.

Since the business remains unprofitable, shareholders should pay close attention to its consumption of cash. For this article, we’ll define cash consumption as the amount of cash the business spends each year to finance its growth (also known as negative free cash flow)

Second Quarter Results

  • GAAP EPS: -0.30 US $ (shortfall of 0.16 US $)

  • Returned: $ 4.48 billion (beat $ 50 million)

  • Gross profit: US $ 658 million (+ 50% year-on-year)

The overall outlook remains mixed, with Deutsche Bank joining the bull club and upgrade stock to buy after having it as a holdback – citing revenue growth even through the capacity constraints of the pandemic.

Discover our latest analysis for Coupang

Will Coupang run out of money?

As of June 2021, Coupang had US $ 4.3 billion in cash and debt so minimal that we can ignore it for this analysis. Looking at last year, the company spent US $ 625 million.

Therefore, as of June 2021, he had 6.9 years of cash flow. Notably, however, analysts believe Coupang will break even (at the level of free cash flow) before that date. In this case, he may never reach the end of his cash trail. Shown below, you can see how its cash flow has changed over time.


How much is Coupang growing?

Coupang has provided a strong boost to investment over the past year, with cash consumption up 75%. Overall, we would say the business is improving over time.

Obviously, however, the crucial factor is whether the company will expand its business in the future. For this reason, it makes perfect sense to take a look at our analyst forecasts for the company.

Can Coupang easily raise funds?

There is no doubt that Coupang appears to be in a good enough position to manage his cash consumption, but even if this is only hypothetical, it is still worth considering how easily he could raise more money for finance its growth. Generally speaking, a listed company can raise new liquidity by issuing shares or going into debt. Many companies end up issuing new shares to fund their future growth. We can compare a company’s cash consumption to its market capitalization to see how many new shares a company would need to issue to fund a year’s operations.

Since it has a market cap of $ 54 billion, Coupang’s $ 625 million in cash consumption is equivalent to about 1.2% of its market value. the issuance of a few shares.

Is Coupang’s cash burn a concern?

Overall, we are relatively comfortable with the way Coupang uses its cash. For example, we believe that its revenue growth suggests that the company is on the right track. this article more than makes up for the weakness of this measure. It is clearly positive to see that analysts are predicting the company will soon reach its breakeven point.

Considering all the factors in this report, we are not at all worried about its consumption of cash, as the business appears well capitalized to spend as needed. A thorough examination of the risks revealed 2 warning signs for Coupang which readers should consider before committing capital to this stock.

Sure, you might find a fantastic investment looking elsewhere. So take a look at this free list of companies that insiders buy, and this list of growth stocks (according to analysts’ forecasts)

Simply Wall St analyst Stjepan Kalinic and Simply Wall St have no positions in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to Editorial-team@simplywallst.com

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Leading indicators reveal changes in the Las Cruces home sales market https://resourcekt.co.uk/leading-indicators-reveal-changes-in-the-las-cruces-home-sales-market/ Sun, 22 Aug 2021 08:55:15 +0000 https://resourcekt.co.uk/leading-indicators-reveal-changes-in-the-las-cruces-home-sales-market/

An interesting phenomenon is playing out across the country. The national stock of unsold homes is increasing. According to a recent report by the National Association of Realtors, the number of homes listed for sale rose 3.3% in June, to 1.25 million units. While the increase in inventory is still not enough to significantly affect demand, it is a relief for buyers as they compete with their peers for a successful home purchase. Local leading indicators confirm that the phenomenon is also playing out in Las Cruces, but to a greater extent.

According to an Aug. 16 report from the Association of Real Estate Agents of Las Cruces, our inventory of unsold homes has increased 23.3% in the past 30 days. The report also found that during this same period, the number of pending sales decreased by 35.3 percent. A sale is considered pending after the signing of a purchase contract and before the transaction closes and is the best indicator of sales concluded 30 to 60 days in advance. The number of sales at or above asking price also declined, falling 4.4% in the past month. To complete the indicators, the percentage of sellers who reduced their prices before the sale, which increased by 38% between the first half of July and the first half of August.