thermore, it was stressed that the
nickel market was under threat of
overheating due to speculative hedge
fund activities. According to the ex-
perts, the current nickel price of
around US$ 16 000 was unrealistic
in the long term and unlikely to last.
Asia & Pacific Rim
While demand in the Far East for
Sabot grade stainless steel scrap has
improved during the last month,
prices in Europe are much stronger.
In price terms, India has fallen be-
hind Korea over the last month.
While China has been a key market
for selected grades of stainless scrap,
Japan has been the competitive des-
tination for higher grades.
North America
With domestic mill demand de-
scribed as very positive, processors
claim to have been experiencing dif-
ficulty in securing nickel-containing
scrap. Market conditions reflect
strong demand to meet rising stain-
less steel output at a time of limited
supply growth.
Compared to January 2004, US
stainless steel scrap exports were
1% higher in the first month of
2005 at 31 940 tonnes; overseas ship-
ments of alloy scrap fell by 10%
over the two comparative periods to
71 748 tonnes.
Some analysts believe a little of
the heat may go out of nickel prices
in the second quarter of 2005,
although prices are expected to re-
main at high levels. Goldman Sachs,
for example, predicts a nickel price
average of US$ 6.35 per lb for
the second quarter compared to
US$ 6.80 per lb for the first three
months of 2005.
M A R K E T A N A L Y S I S
IT’S HARD TO BE MODEST
WHEN YOU MAKE
A GREAT MACHINE !
That’s why we’re willing to stand behind them with the
longest warranty offered in the industry.
With state of the art design, manufacturing equipment,
hydraulics, electrical components and along with over
40 years experience you can expect the performance
and the reliability that your business demands.
H-P Model Shear: the enormous advantage of the,
“Adjustable Angle” compression function, it’s extremely
effective precompression of heavy and bulky scrap.
This reduces compression time there by increasing
production. “And isn’t that the bottom line”!
H-T Model Shear with the “classic parallel” side
compression function.
H-L Model and H-S Mobile or Portable Shear-Baler
Logger: have the “Dual-Wing” compression function.
GC-L-101: the high production Moros Mobile Baler.
GC-S Baler: the unique Moros design of this Three-
Compression Baler eliminates jam-ups of material.
YOU OWE IT TO YOUR BOTTOM LINE TO CALL
US BEFORE YOU BUY ANOTHER MACHINE
WE MAKE THE BEST
MACHINES
Industrias
Hidráulicas
s.a.
Poligono Malpica, calle E, Nº 54-55
50.057 ZARAGOZA – Spain
34 – 976 – 57 34 10 *
Fax 34 – 976 – 57 23 54
e-mail: [email protected]
www.moros.com
Shear model H-P
Side Compression of H-T
H-S-500 Mobile Shear Baler
“Angle Adjustable” of model H-P
GC-L-101 Mobile Baler
Scrap Baler GC-S-800
Industrias
Hidráulicas
s.a.