Consumerism & Stationery Trends

With the rise in the middle-income economy, lifestyle changes have come into play. More spendthrift trends descend upon societies that start generating affluence.  Though considered a business necessity stationery ideally is also a personal choice a  means of communication preferred by men and women.

Gifts, invites, seasonal greetings, and personal messages are societies' means of consumption of paper products. Though Internet has made a substantial leeway the personal touch of written words on printed letterheads, amazing gifts and greetings convey a feeling that cannot be generated online.  

Better designs, advanced printing techniques, and trendy, vibrant colors have made use of the paper stationery for personal and business communication more attractive. Letterpress printing has come into vogue with full force. Thanks to digital methods the oldest form of printing has arisen from its grave. Variants, advancing technology, and expert craftsmanship has made letterheads, wedding invites, and greetings more attractive and trendy. Many studios and designer names have emerged that have increased sales and drawn attraction of buyers - the future looks bright. Shops small and big crank out craftily designed attractive wedding invites, greeting, festive cards, business stationery, and whatnot revitalizing an industry.   

   

The rise in consumption of stationery products is just not limited to lifestyle the augmenting economies, increase in literacy on all fronts. The emergence of a large number of schools and colleges in developing countries have led to a revolutionary demand for notebook, pen, and pencil not forgetting the associated products. A rising economy means a rise in office setups that need tons of stationery.  A strong resurgence in consumer passion especially for specialty paper products is auguring a birther future for the industry.  Trade shows and events are the best means of highlighting future trends and established norms.  The written words expressing personal sentiments now rule the roost.      

Inkjet Cartridge Economy

A vital component of inkjet printers the demand for this accessory has gone along with it. The cartridge contains ink in the inbuilt reservoirs which are deposited during the printing process. Colored inkjets have many variants and hence the cartridges have been well-modified as per the models. 

The refills are priced highly but nonbrand vendors sell the cartridges at a lesser price.  The undergoing trend is to bring the price down. Besides using non-branded cartridges another way is to involve continuous ink systems using an external tank. In some models continuous ink systems are inbuilt. Also known as CISS the system uses an external reservoir or bottles filled with colored ink. These systems are mass-produced in China with auto-reset chips and are economically priced.

Some manufacturers create interlock systems that prevent optimum use of the ink in the cartridges overcoming these enables better use bringing down the cost. 

The cheaper third-party options are most popular all over the globe. Since the original cartridges are expensive it is possible to refill ink using a kit or some manufacturers and re-fillers facilitate the consumers.  Nevertheless, this is not a plausible solution whence there is a color leakage, streaking, or curling hence the failure rate has to be taken into consideration. 

Another option is to go for a bulk purchase from the manufacturers directly as a discount or offer is usually associated. Even containers containing large volumes of ink can be bought and then refilled by the consumers themselves.  Easily refillable cartridges are also available some of which are environmentally friendly. Each year about three million cartridges are thrown into landfills creating an environmental problem.  This number is on the increase which is a red signal considering that each one takes hundreds of years to decompose completely.     

Re-manufactured cartridges are also available. They use available ink cartridges manufactured by major companies. These have been used at least once.   

New Fabrication Technologies

As an industry advances technology appears and it is always evolutionary. Those who do not keep in tandem with technological upgrades perish. Specific industries have always been subjected to research and development which leads to better technology holistically.

Some of the recent developments find space in my blog here. 

Electronic Beam Melting (& Selective Laser Melting) the former is used in the purification of metals with high melting points often used in making alloys used for fabrication. Both are used in the fabrication of complex alloys.   

Usually, free electrons in a vacuum are used to form a fine beam which is used for melting purposes. This is possible whence the beam collides with solid-state matter wherein the electrons are converted to heat for melting. The process finds multiple uses besides welding. This form of welding in industries began as early as the nineteen fifties.  

The heat generated at the target helps in the process of heating applications. Due to the vacuum, the transformation is pure or absolutely sterile. Using large vacuum furnaces and strong beams steel can be produced without any impurities. 

The technology can also be used to cut an accurate bore. The resulting finish is better than using thermal cutting processes. Computer-controlled systems aimed accurately at selected work site it is useful for annealing, hardening, and tempering. 

Using an additive manufacturing process material can be efficiently joined using 3-D model data. Due to the high cost, the technology is used for valued production only. One fine example is electronic beam free-form fabrication used for a net-like finish wherein less raw material and less finish is the net gain. 

The equipment used usually comprises the following:

• The Electronic Gun.
• 
  
• Vacuum Chamber.
• 
  
• Positioning Mechanism.
• 
  
• Controlling Equipment.
• 
  
• Power Supply. 

Stationery Stores Both Ways

With the introduction of the Internet, a new phenomenon of online merchandising has come into the picture. Sophisticated stores or eCommerce portals sell stationery just like land-based facilities what more they are now more popular as well.  

The online stores and shops as we call them are efficiently designed and developed programming masterpieces.  The functionality so ingrained offers virtual shopping with ease. The graphics and displays are classic with high-resolution images capable of 3-D effects.  The online facility can be held in conjunction with land-based stores especially easy for large-scale establishments,   

The sites also offer fine details and comparisons of the office products that can be instantly understood by the purchasers whether home buyers or large-scale suppliers. This has also been instrumental in preventing the sales of fake products that conventional trades could palm off to customers earlier. Hence reputation building is the key to success online. Not only manufacturers use online portals to sell even distributors use the tools to further sell their wares to consumers.       

The benefit accrued is not only from the technology which has expanded sales capabilities beyond the reach of conventional stores and distributors. Cost-benefit accrues from the economy of scale since an expensive land-based setup is eliminated besides the staff is also reduced.  Stock holding is also reduced by resorting to streaming supplies by manufacturers.

The cost of managing huge stocks can be reduced by directing sales and delivery to the manufacturers concerned with the brand or generic product. Just imagine a large number of fragmented vendors or suppliers and the tension of maintaining an incredible list of stocks that the stationery business requires.  

The overall simplification of the process is the key to the proliferation of online shops. Moreover, online reach offers easy accessibility much more fluid than a cumbersome drive to a busy stationery shop or mall. One click of the desktop will take you to the eCommerce stores to make a purchase. Purchase in bulk or wholesale for office will lessen the delivery charge to offer a strategic business advantage.         

   

Crude Prices & Metal Fabrication

The industry is related and often works as a complex web. This is an ecosystem that requires deep dwelling in order to perceive the ups and downs possible while fixing the business strategies.   

From over a hundred dollars to around fifty dollars that have been the story of oil per barrel. For the global industry, this is like manna from heaven.  The cheaper the raw material the better it is for manufacturers - fabricators included. Not only the industry the falling prices have given consumers a big relief.    

The dropping oil prices initially did not affect projects from the oil and gas industry but are bound to impact negatively. Large projects from this sector will keep the metal fabrication industry afloat. The resultant benefit of reducing oil prices will definitely impact favorably. The increase in oil production at the country level will act as a balancing factor. 

The lowering of oil prices will negate the rising cost of labor and other manufacturing inputs as far as the fabrication sector is concerned. Oil is a major variable as far as metal fabrication is concerned. Steel is dumped at lower rates in the US aided by lower shipping costs.   

Though demand from the energy sector may make a substantial impact on projects the uptick in the construction industry will act as a great leveler. A bright future awaits fabricators in the USA.

Crowdfunding What It Is?

As you rightly guessed it is funding from an individual for a cause or for something in return. This method is usually adopted by people seeking funds for a venture or donations for a cause.  The usual method of accessing the target audience is social media marketing. 

The first step to start a fundraiser is to make a page on sites like crowdfunding.org or kitto.org and start promoting it. This method is also adopted by budding artists, small-time filmmakers, designers, and so on. The projects have been used to gather funds for expeditions, medical reliefs, and social benefit projects. The scope of accumulating a large number of funds from the public is vast and many mediums have yet to be explored. The funds accumulated are from a large number of people hence the name.      

The concept can be promoted through fundraiser events and mail-order subscriptions. But this alternative financing activity is purely Internet-based and depends largely on social media for attention in order to achieve high gains. 

There are many types of crowdfunding:

Donation-based funding is basically for charities.

Equity-based funding pertains to allowing equity for unsecured loans so obtain. The investors benefit whence the project is successful and equity values rise. 

Debt-based or P2P (peer-to-peer) funding. In this case investor gain from the interest accrued.  Here borrower application is reviewed by an automated system and the creditworthiness is gauged. The interest rate applicable is also ascertained by the system. 

Several platforms are in the picture now. Some are global while a few are limited niche segments.

To learn in greater detail click on the crowdfunding link.   

Examples

Digital Donations 

Digital Donations Video

The marketing and propaganda are mostly done using email and, SMS marketing and various content and video platforms that social media offers. The target audience should be accurately targeted for success in the campaign.  

Technology & Business : Online

No matter which industry it is new technology is creating new openings and opportunities. Internet especially social media has brought about a paradigm change as to how we search for information and hence how we do business.

Those who fail to catch up are sure to fail or will be left far behind with stagnancy in business. Not only communication methodology is changing fast, but image recognition techniques are also making estimates more accurate.  For example, in moving, industry image recognition technology is assist in measuring the items the client needs to move ...and accurately.  Scheduling video surveys can be arranged using the button on the mover's website.   This is followed by sending a quote and the move is finalized. 

Yes, it is that easy whether you use a smartphone laptop, or desktop with broadband Internet. 

Promoting business online is now a necessity the old brick-and-mortar is still there but this addition has become imperative for good. Promoting your business on social media is trending but it is effective as well and aids in cost-cutting.   

Graphics, three dimension options, and text pages that are not verbose are breaking ground for success online. Though your business may be localized you still need online visibility since people prefer searching and evaluating online than wading through a sea of impenetrable traffic.      

Tons of information at your fingertip and loads of comparison opportunities are definitely making business more competitive but then you cannot wish new technology away. Can you?  

Moving Business: Correlations

Industries and businesses depend upon correlated factors. These are closely tied to the economic upheavals and trends that govern our industry these days. It is no more a simple game of supply and demand. Trends can uplift a segment even if the economy is failing.     

For a business analyst, it has become a complex paradigm since so many factors decide the outcome in the contemporary era. For those in a moving industry it could be an increase in population, strong economic revival due to government policies, change in policies of corporate, and a strong upsurge in the construction business. Even reduced cost of fuel could play a part as the cost of transportation decreases. 

New opportunities can also increase relocation apart from the standard policy of transfer employed by the military, corporate, and  Government.  Housing also impacts relocation the upsurge in low-cost housing projects is indicative of a brighter future for the moving industry.  In simple words increase in new homes creates business for those in relocation.   

Rising populations and economic revival invite growth in metropolitan cities hence more housing leads to an increase in the relocation business. In the USA the forecast is bright because these very factors are in a favorable position.      

Industrial developments lead to an increase in population share in that particular location. Hence more people are likely to shift to that region creating business for the movers.   Major migration corridors impacted by local and International populations are hotbeds for this industry and promise a better survival environment. All types of moving be it residential, commercial or warehousing are dependent upon these factors.     

Home loans to make a major difference there is a definite upswing whence the accessibility becomes easier with low rates of interest.  House flipping in the USA is considered a revenue-generating asset in real estate parlance. Purchasing and quickly selling homes generate revenue as pricing increases. 

Technology plays its own part and changes the way we do business. New startups are making transportation cheaper and easier using innovation thus encouraging shifting more and more.     

Comprehensive Innovation : Metal Fabrication Industry

Like all segment  of  manufacturing, fabrication business cannot survive stagnancy. There has to be a constant effort to improve and innovate. This is vital for survival since all technology driven businesses lose foothold and their vital customer base if they are not keeping abreast with the latest. 

The metal fabrication industry has faced innumerable challenges since last two decades to keep pace with the constant changes taking place. The innovation drive is comprehensive ranging from latest tools and equipment to management practices, IT system up-gradation and shrewd marketing strategies. 

As businesses move overseas to cut costs the customer base in North America and other developed World faces extreme reduction. Lets face the truth, access to overseas marketing is not an act of compassion or piety it is the need of the hour.    

Hence constant innovations and new developments are the key to survival. Things do not end here cost cutting by managing expenses considered affordable in good old days since these are no more sustainable. In short maximising efficiency without sacrificing quality is essential.  

To constantly evolve core business strategies, analysis and research though imperative need assistance of out of the box thinking. Both online or digital marketing and extensive land based strategies have to be employed.

Far from days of complacency, outsourcing has made industrial reach global mush to our chagrin. A disappointing development  but this is going to stay, there is no short cuts except face strict competition.  Possibility of trade barriers to provide relief is a distant dream because businesses moving overseas - to repeat is a strategy that benefits the parent companies. To face cutthroat competition the enterprise needs to be the fittest. 

Nevertheless competition is overcome by some resident factors like distance, availability of high grade manpower with requisite expertise and work ethics. Local fabricators will always retain these benefits.  Nevertheless extreme disparity in manufacturing cost could be a great lever. Back to square one.       

Creating a sustainable paradigm to for long term success is the imperative using constantly evolving technology and requisite skill base effectively. New skills in work force and access to and utilisation of  contemporary methodology will keep the pot boiling. 

Regular up-gradation of fabrication shops along with procurement of new equipment and tools is the key to stay afloat. In metal fabrication operational technology means efficient core machinery. Albeit expensive this is a long term value addition for a winning strategy.     

Steel Fabrication Equipment & Tools

The World has witnessed a complete revolution with the development of steel its emancipation from the mined ore and eventual refinement. The alloying technique has given birth to complex metals with varied properties. This has led to the development of complex components required to withstand extreme temperatures, stress and acquire properties that are required for a particular function in a specific environment.    

Steel is a derivative of iron which is found as ore in nature. The metal is used in fabrication but its parent iron is also used as such. Hence most fabricators are using all forms of metal including iron. 

On a fabrication floor, a number of equipment and tools are set up depending upon the designs to be executed to form an end product belonging to a particular segment.  For example, the fabrication of building components, complex machines, and infrastructure projects all are specific to the manufacturing industry. Hence fabrication is limited by scope to the area of the owner's expertise and capabilities. 

The equipment or tools range from small and simple to big and complex. The list is large as mentioned below. 

• Lathes
• Band Saws
• Manual Rod Benders
• Welders Kit 
• Welding Machines
• Cutting Machines    
• Body Hammers   
• Jet Milling & Drilling Machine
• Shop Presses
• Bench Presses
• Pipe Notching Dyes
• Pipe Notcher
• Strut Cutters 
• Combination Benders
• English Wheels 
• Hammers
• Metal Shears
• Sheet Metal Brakes
• Iron Workers
• Bending Brakes
• Punch Press  
• Frame Press
• Metal Forming Hand Tools
• Tool Stands  

Above are listed some of the tools and equipment which are part of the trade. The fabrication industry has given rise to large-scale simple and complex ancillary, tools and equipment manufacturing industry in the USA. With the rise in the economy which leads to an increase in steel fabrication and ironworks the related manufacturing also offers great potential to industry leaders.     

RCom in Trouble - Aircel Merger

Reliance Communication Company owned by Anil Ambani is facing a crisis. Already indebted to the tune of 45000 plus crore rupees there seems no hope for a turnaround. 

The company's core business revenue is dropping drastically on all fronts - voice and data. The steady decline is attributed to customers switching to other service providers and stiff competition for RIL Jio. The company has reported losses subsequently from the last few quarters due to a reduction in usage affecting revenue per customer. The company has failed to retain or increment its mobile broadband customers.    

The shares of ADAG companies have shown a constant downfall. RCom has to service its debt in order to retain its position in the market somewhat. RCom Aircel merger which has been approved by concerned bodies will assist in business recovery hopefully. This will come in form of a demerger with Aircel & Dishnet Wireless Limited. This transaction will substantially reduce RCom's depth as well as Aircel's depth.         

The merger will result in making it one of India's largest private sector companies. After the merger, RCom will hold a 50% share in Aircel Ltd. 

Thermal Paper Rolls & Ribbons

In earlier times, written communications were limited to pen and paper. Then later the typewriter was invented which changed the way we communicated. The introduction of the fax machine and then the printers this made communication far more dynamic.  In offices and restaurants, the use of printers has been extensive in recent times.  

Office products constitute office stationery, custom business forms, and gadgets both electronic and manual. All modern hi-tech offices have been computerized and hence the material required for offices has changed as well. 

Printers are extensively used in offices, earlier it was the dot matrix printer then later inkjet and laser printers were introduced. 

Color Thermal Printers 

Colored thermal printer imparts impression on paper using wax-based ink. The ribbon travels along the paper right under the printing head and in the process leaves a color impression due to heat and chemical change. The paper used in such printers is called the thermal paper or thermal paper rolls. The paper is special in the sense that it is coated with chemicals that change color and impart impression when heated.

Cartridges 

Cartridges used in these printers are the main accessories of printing systems without these components printing would not be possible. Due to their limited life, they are constantly in demand in offices. 

The cartridges and spools all contain ribbons laced with ink. The ink leaves the desired impression on the paper used for printing. In the case of thermal printers, the ink changes color as desired before imparting an impression on the thermal paper or rolls.  An added advantage of cartridges and printer ribbons is that they can be refilled. 

Thermal Printer Ribbons 

Thermal ribbons come in three different types: 

Wax is used for printing on paper labels and business forms customized as per need. 

Wax + Resin Used on smooth coated paper labels they produce fine results and the image is more durable. 

Pure Resin Pure resin ribbons are used to print on plastic labels, polypropylene, polyester, and vinyl. The color is black but red and blue colors are also available. The quality depends much on the plastic material used. The ink adheres to the surface of the plastic label and durability depends upon the type of plastic used. Pure resin printing is the most durable water resistant and can stand strong sunlight. 

Thermal Paper Rolls 

These are used in printers, adding machines, cash registers, and credit card terminals in hotels, restaurants, offices, and retail stores. The rolls are sold in various sizes according to the applications.   

Due to the decrease in cost the application of thermal paper rolls has become widespread in various businesses. Hence they are manufactured in large volumes all over the World.    

Office Stationery Business - Tough TImes Ahead

One of the consumed products in the office stationery industry is constantly facing instability. This is so, especially in the case of manufacturers. The market is dependent much on local regions for those manufacturing non-branded items. 

Even for brands, the instability factor remains. Constant incursions from low-cost imports and competition from generics play a major role in reducing profitability. Hence innovation and research are key factors that define success. The industry is dependent upon new products that skip over the existing competition to make a killing.     

Bulk manufacturing and supplies are strategic in maintaining profitability in face of stiff competition. Economic downfall or recession can also hit hard.  

Trends and technological changes do impact sales of traditional stationery products, especially those that are paper-based. Electronic communication and the Internet have reduced the consumption of paper-based products.  The increasing use of computers, laptops, PDAs, and mobile further impacts the growth of this industry. 

An increase in business activities and educational institutes are the stabilizing factors that could end up mitigating losses or reduced profitability. This is applicable to Asian markets where schools and colleges are mushrooming. In developing economies mushrooming enterprises are aiding in the sales of office stationery products.     Warding off local competition by implementing smart marketing strategies and increasing exports could yield spectacular results for agile manufacturers.  

Lifestyle changes increase the demand for products that constitutes stationery in contemporary times. But this is more beneficial in the case of other sectors catering to personal, family, and social demands.  

Hence the picture is not as bleak as it appears to be. Since the onus has shifted to new product development those with a flair for research and innovation will continue to survive and flourish. 

Steel Industry in China

Steel production increased rapidly during the post-World War 2 era. Many countries developed at a rapid rate with amazing construction booms. Steel making process involves the use of iron ore and scrap. The process includes the exclusion of impure elements like nitrogen, excess carbon, sulfur silicon, etc. In order to obtain various grades of steel elements like vanadium, manganese, nickel, and chromium are added during production. The introduction of Bessemer and Siemens-Martin processes revolutionized production globally.     

The capital reforms under Deng Xiaoping gave a big boost to Chinese industrialization.  lagging much behind the global steel industry the reforms brought about a paradigm shift and augured production.   

By 2011 China became the largest producer of steel in the World. The production rose to over 680 million tonnes accounting for forty-five percent of global production. This is despite stiff competition by major players and unstable prices of raw materials. As per the trend in almost every sector, the industry experienced a price rise within this period.  

The production continued to peak until its decline in the year 2016 which resulted in a stock market crash in that country. This came about as a result of other countries exports, especially from Russia and Ukraine. 

The largest steel producers in China are Hesteel Group with production being 31 million tonnes which is much below Arcelor Mittal. The latter is the largest steel producer in the World with 116 million tonnes. Other major producers of this commodity are Jiangsu Shagang, Ansteel, and  Baosteel groups. India ranks fourth in the production of steel and is undergoing a rise in production along with new entrants like Brazil and South Korea.     

Moving Industry Outlook USA

The moving or translocation industry is dynamic as a large number of residents, workers, soldiers, and businesses move from one State to another or locally.   

Like all industries the moving industry experience change. It is highly dependent on the state of the economy, industrial outlook, trends, and paradigm shifts that govern life in the US. These are not the only factors that make people relocate locally or to other states of the country. 

Some other factors that make people shift from one place to another or from one destination to another are: 

• Seeking cheaper accommodation
• 
  
• Move into own Household
• Job transfers
• Marital status change
• Leaving education institutions
• Retirement
• Health reasons
• Natural upheavals 
• Social Insecurity
• Discrimination
• Rentals
• Proximity to workplace
• Proximity to school/college or university
• Expanding accommodations

According to trends, more than eighty percent move within the state. About twelve percent move outside the state while the rest migrate to another country. In US annual translocation is approximately forty-three million people. This constitutes seventeen percent of the population of the USA. Hence the number of people on the move every year is on the rise due to the factors stated above,.     

As per the American Moving and Storage Association, the movement in various sectors took place as follows: 

24% Military
Corporate 39 %
Individual or Residents 35 % |
Leaving the rest to Federal Government employees.    

The constant demand in the industry has seen the establishment of new moving companies big or small. With the rise in relocation the logistic, storage, and transportation companies have also experienced growth.
 

 

   

Industry: Biotechnology in Nascent Stage

The industry defers conventional pharmaceuticals in the use of natural materials for the composition of drugs, FMCG, and household utilities.  The drugs are manufactured in a living ecosystem comprising microorganisms, plants, and even cells.

Laborious research and innovation are the key factors in reaching the pinnacle that spells success. Since new discoveries of drugs (biopharmaceuticals) and products fuel the demand leading to growth and gains.  Nevertheless, the industry being in a nascent stage the market is volatile at times discouraging investors and stakeholders.  The products are expensive and hence invite regulatory pricing at times from the governing bodies bent upon providing cheap medical care to their citizens.  

In order to reach the market the products must pass strict regulatory mechanisms comprising tests and trials. Many drugs find it difficult to pass through the clinical trial stage costing the concerns a hefty amount.   

In India, the industry has picked up the pace and experiencing high YoY growth. India has a high number USFDA approved plants. The acronym stands for US Food & Drug Administration a body that regulates edibles and drugs among others.   

India is emerging as the top base in the clinical trial and research segment. The country has an advantage in necessary skills,  infrastructure, cost-effectiveness, and a developed R&D base. Though it has a marginal share in the contemporary global biotech industry the projected growth is promising.   

Structural Steel - Product Reuse & Recycling

Structural Steel is used in construction with an added advantage over traditional construction methods. This form of construction is gaining ground day by day as the fabrication industry advances. The new technology uses lightweight structural steel to fabricate building parts. These parts are made in units and not at construction. Eventually, they are installed at the construction and fitted at suitable junctures on the building being built.    

Product Re-use

This is one of the greatest advantages of lightweight steel. At the end of its life, it can be reused as a new product in buildings under construction.  In case of re-use, no processing is involved.  The steel structures are reused more in some sectors than others.   

The discouraging factors are lack of standardization and difficulty in assessment of composition and quality after end-life dismantling from its earlier incarnation.   

Design for reuse

Use bolted connections this allows easy dismantling 

Provide easy access to connections 

Keep the steel free from coatings or coverings for proper visual assessment. 

Minimize the use of fixings to structural steel using clamped fittings.

Use long-span beams

Recycling and reuse enable the reduction of adverse impacts on the environment with added cost benefits. Steel is hundred percent recyclable and a high-end recovery rate has to be kept that way.

Scrap recycling is also on the increase as an eco-friendly practice.  During prefabrication raw material waste does occur but this can be easily collected and recycled.   

The two aspects combined are leading the World to more sustainable development.  

Factors That Influence Steel Price

Understanding the factors that play an important role in pricing and production is necessary for those in the fabrication industry.  The industry uses many types of metals derived from steel. Like any other raw material used in fabrication and manufacturing a number of factors are influential.   

 The factors affecting may not necessarily be local but nowadays global impacts are applicable to nearly all industries. Hence some of these are: 

OIL Prices  

Oil prices govern all industries that are energy-dependent directly or indirectly. More so the effect could be indirect because alternate energy production in a way is linked to oil prices. Fossil fuel is required during the production of steel hence high price means a high cost of production.     

Demand 

Both local and international steel demands affect the selling prices. It is a competitive industry and high or low demand has a definite impact on sales.   

Construction  

Steel in one form or other is required by the construction industry. Hence the demand for the raw material is directly in proportion to the construction activity. In recent times this industry is experiencing a boom in the US and many other countries of the World. 

New methodologies like the fabrication of lightweight steel to make building parts have further the demand. World over the steel fabrication business is on the rise. This is due to cost reduction and the long-term benefits of lightweight steel fabrication. Quick installation is another virtue due to which this technology is gaining ground.        

The Types of Stationary We USe

The Types of Stationary We USe

About Online Stationary Stores Websites

About Online Stationary Stores Websites

Growing Demands Stationary Products Worldwide

Growing Demands Stationary Products Worldwide

Oil down, but ends year with biggest gain since 2009

Oil down, but ends year with biggest gain since 2009

The digit era: Indian business prepares to tap into Aadhaar, a state-owned fingerprint-identification system | The Economist

The digit era: Indian business prepares to tap into Aadhaar, a state-owned fingerprint-identification system | The Economist