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Infinite Home Solutions: Premier Electrical Services Now Available to SWFL Homeowners

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Cape Coral, FL – Infinite Home Solutions, a renowned provider of residential electrical services, is proud to announce its comprehensive range of services for homeowners in Southwest Florida (SWFL). Serving a wide area that includes Cape Coral, Fort Myers, Punta Gorda, Estero, Bonita Springs, Naples, Marco Island, and surrounding regions, Infinite Home Solutions is committed to delivering exceptional electrical solutions tailored to the unique needs of each residence.

Our range of services encompasses everything a modern home might require, including the installation of standby generators, comprehensive surge protection, electrical panel upgrades, customized lighting solutions, and much more. At the core of our service offering is a team of certified electricians, each skilled in assessing the specific electrical needs of your home. Customers can expect upfront, guaranteed pricing, ensuring transparency and trust from the outset.

 

Infinite Home Solutions stands apart in the industry, not just for the quality of its services, but for its commitment to world-class customer service. “Our primary goal is to meet our customers’ needs while exceeding their expectations,” says a spokesperson for the company. “Our team is not only experienced and professional but also carries out their work with the utmost respect for our clients and their homes.”

The company’s number one core value, “Lead with Love,” is at the heart of its operations. This philosophy is reflected in every aspect of their service, including clear communication, upfront pricing, diligent work ethic, and superior workmanship. By prioritizing these values, Infinite Home Solutions ensures a seamless and satisfying experience for every customer.

 

For more information or to schedule an appointment, residents of SWFL are encouraged to contact Infinite Home Solutions at (239) 284-3446 or visit their website at www.infinitefl.com. Experience the difference that dedication, professionalism, and a customer-first approach can make in addressing all your residential electrical needs.

About Infinite Home Solutions

Infinite Home Solutions is a leading electrical service provider in Southwest Florida, known for its professional, experienced team and commitment to exceptional customer service. Specializing in a wide range of residential electrical services, the company prides itself on delivering quality workmanship with a personal touch.

Media Contact
Company Name: Infinite Home Solutions
Contact Person: Media Relations

Phone: (239) 284-3446
City: Cape Coral
State: Florida
Country: United States
Website: www.infinitefl.com

 

New Metro Atlanta Senior Program Launches With A Grand Holiday Event for Active Seniors 55 And Up

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Metro Atlanta, GA, USA – November 28, 2024 – The Center for Truth and Healing (CFTH) and The East Memorial Drive Revitalization Foundation (EMDRF) are delighted to introduce its new monthly program series, the “Seniors in Motion” series, curated exclusively for mature and active adults aged 55 and older residing in Metro Atlanta.

In partnership with JenCare Senior Medical Centers, The Brantley Foundation, Shana Lynch Solutions, and other esteemed community collaborators, CFTH and EMDRF are proud to present an exciting lineup of monthly events aimed at enhancing the well-being, connectivity, and vitality of our senior community.

Event Details:

Event Title: Senior Appreciation and Holiday Party Date: Thursday, December 21st, 2024

Time: 1:00 PM – 3:00 PM

Location: The Atrium, 5479 Memorial Drive, Stone Mountain, GA 30083

The “Seniors in Motion” series is an active seniors program designed to empower mature adults to live active, healthy lives, fostering a sense of community and belonging. The inaugural event, the Senior Appreciation and Holiday Party, promises an afternoon of joy, entertainment, and connection.

Event Highlights:

  • Live Entertainment
  • Delicious Food
  • Music and Dancing
  • Games and Prizes
  • Access to Community Resources
  • Much More!

Admission to this extraordinary holiday celebration is absolutely free, but registration is required to secure your spot. Register now at or RSVP via text to (470) 989-2138. For additional information about the program and future events, please visit www.truthandhealing.org.

Spread the word and invite your friends and family to join these community organizations and local businesses this holiday season for an unforgettable gathering of area seniors and supporters. Together, let’s make this holiday season a time of shared joy and cherished memories.

Use the hashtags #SeniorsInMotion #SIMHoliday2023 #CFTH #JenCare #EMDRF #TheBrantleyFoundation and join the conversation.

For media inquiries or more information, please contact:

Danyel McBride
Director of Communications
The Center for Truth and Healing
danyel@truthandhealing.org
(470) 446-2579

Media Contact
Company Name: The Center for Truth and Healing
Contact Person: Danyel McBride – Director of Communications

Phone: (470) 446-2579
Country: United States
Website: https://www.truthandhealing.org/

Introducing Willie Etta’s Miracle Oil: The Big Miracle In The Little Bottle

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Houston, Texas, USA – November 28, 2023 – Willie Etta’s Miracle Oil has been getting rave reviews ever since it launched, developed by entrepreneur and licensed beautician Michelle Perteete, this all-natural, plant-based, organic hair oil is a game-changer for those seeking longer, stronger, and healthier hair.

Crafted with care, Willie Etta’s Miracle Oil is a testament to the legacy of Michelle’s grandmother, Willie Etta Quince, a master beautician who owned and operated the first.

Black-owned beauty salon in South Beloit, Il. This powerful proprietary hair growth oil blends the wisdom of generations with essential oils and herbs to create a product that addresses the diverse needs of all hair types for all ages.

Key Benefits:

  • Promotes Hair Growth: Willie Etta’s Miracle Oil stimulates hair follicles, encouraging healthy growth from the roots.
  • Strengthens and Conditions: It nourishes and fortifies your hair, reducing breakage and leaving it silky smooth.
  • All-Natural Ingredients: Crafted with rosemary, castor oil, grapeseed oil, and jojoba oil, it’s a pure blend that nurtures your hair without harmful chemicals.
  • Versatile: Suitable for all hair types, this miracle oil addresses a wide range of hair care needs.
    • Stops Itching: Experience relief from persistent itching with our all-natural formula.
  • Proven Results: Countless satisfied customers have experienced the transformative power of this product.

Michelle Perteete, the visionary behind Willie Etta’s Miracle Oil, commented, “We’re thrilled to offer a natural, effective solution for men, women, and children. This product is a tribute to my grandmother’s expertise, and it embodies our commitment to helping people achieve beautiful, healthy hair.”

Willie Etta’s Miracle Oil is available for purchase online at https://willieettasmiracleoil.com and at select retailers in Rockford, IL. Join the growing community of individuals who have discovered the secret to healthy hair.

For press inquiries, product samples, wholesale purchases, or interviews with Michelle Perteete, please contact:

Danyel McBride
Director of Communications
Willie Etta’s Miracle Oil
danyel@shantalana.com
1(470) 446-2579

Media Contact
Company Name: Willie Etta’s Miracle Oil
Contact Person: Danyel McBride – Director of Communications

Phone: 1(470) 446-2579
Country: United States
Website: https://willieettasmiracleoil.com

 

Ateker Kingdom Alliance (AKA) and The Global Council for Promotion of International Trade (GCPIT) Announce A Landmark Investment Tour to East Africa

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Soroti City, Uganda – November 29, 2023 – The Ateker Kingdom Alliance (AKA), in collaboration with the Global Council for Promotion of International Trade (GCPIT) is proud to announce an inspiring and insightful journey through the heart of East Africa. This exclusive tour, scheduled from February 18 to February 29, 2024, is limited to 40 visitors and promises to be a window into the soul of the region, showcasing the symbiosis of rich cultural heritage and burgeoning economic opportunities.

The 12-day expedition will guide participants through the bustling streets of Nairobi, Kenya, and the vibrant communities of Soroti City, Uganda. It aims to foster a deeper understanding of the region’s dynamic culture, burgeoning trade, and investment prospects.

During the tour, attendees will engage with premier business leaders, officials, and traditional rulers, exploring investment landscapes across agriculture, energy, education, and healthcare, to infrastructure, housing, and communications. This curated experience promises to unveil the vast potential within these key sectors, fostering connections and insights poised to spur sustainable growth and development in the region.

 

Participants will experience the deep cultural roots of East Africa, engaging with local communities, attending traditional ceremonies, and gaining insights into the customs that are woven into the fabric of daily life and indeed a tremendous reconnection with the Origin of Humanity.

The upcoming tour will present investors with pioneering sustainable development projects, including visits to small mines and an exclusive preview of the site planned for Ateker City, the envisioned smart city that promises to blend cutting-edge technology with sustainable urban design, offering a glimpse into the future of eco-conscious living and investment in the region. This is an opportunity to visit the cradle of Humanity in the lands of Ateker Turkana, Teso, Karamoja, Toposa, and Jie Nyangatom, in the Great Lakes Region and Horn of Africa.

“We are thrilled to offer this unique experience that highlights the wonders and opportunities in East Africa,” said Emabir Gabriel Opolot De Mabior, Secretary-General for AKA. “Our partnership with GCPIT and the Global Diaspora underlines our commitment to promoting international trade and relationships while honoring the cultural richness of our lands.”

This tour is more than a simple voyage; it’s an investment in understanding the narratives that shape East Africa’s present and future.

For more information on the tour, itinerary, and registration details, please visit www.Atekertours.com.

About AKA:

Ateker Kingdom Alliance is a consortium of 750+ African Kingdoms and Chiefdoms dedicated to the promotion of cultural heritage and economic development within the Alkebulan.

About GCPIT:

The Global Council for Promotion of International Trade is a global body committed to fostering international trade relations and economic growth.

Contact Information:

Emabir Gabriel Opolot De Mabior

Secretary-General, Ateker Kingdom Alliance (AKA) sg@atekerkingdom.com

Uganda: +256 787 406400/+254745158144

USA Contact:

Her Excellency Shanta Lana Hereford

Ambassador-At-Large, Ateker Kingdom Alliance (AKA) info@atekertours.com

+1 (404) 749-0192

Note to the press:

For further details, interviews, or media inquiries, please contact Danyel McBride at danyel@shantalana.com or +1 (470) 446-2579.

Media Contact
Company Name: Danyel McBride
Contact Person: Media Relations

Country: Uganda
Website: https://shantalana.com/

 

Unveiling Quantum Cosmic Jazz: Meet Louis Siciliano

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Quantum Cosmic Jazz is an extraordinary genre that defies categorization, seamlessly blending jazz, electronica, and cosmic vibrations. At the helm of this innovative musical experience is Louis Siciliano, a visionary creator who takes listeners on an enchanting journey through otherworldly melodies, harmonies, and rhythms.

Drawing inspiration from iconic music legends such as Miles Davis, John Coltrane, and his mentor, the esteemed Wayne Shorter, Siciliano fearlessly pushes the boundaries of traditional jazz, crafting a unique sound that captivates the senses and transcends conventional genres.

Quantum Cosmic Jazz is more than just music; it is an embodiment of art, science, and spirituality. Siciliano skillfully channels cosmic energy, forging a harmonious connection between the listener and the vast expanse of the cosmos. Through his compositions, he invites audiences to explore the depths of their own consciousness while simultaneously embracing the universal interconnectedness of all things.

With a dedicated global following, Siciliano’s work has garnered widespread acclaim for its ability to transport listeners to new dimensions of musical experience. His album ANCIENT COSMIC TRUTH, a true masterwork, received the coveted Indieshark Award, further solidifying his status as a groundbreaking artist.

As the evolution of Quantum Cosmic Jazz continues, Siciliano remains at the forefront of innovation and creativity. Fearlessly venturing into uncharted territories, he pushes the boundaries of what is possible within the realm of music, constantly seeking new ways to expand the sonic landscape and challenge conventional norms.

So, open your ears and allow the cosmic frequencies to guide you on a transformative journey into the captivating world of Quantum Cosmic Jazz. Let Siciliano’s mesmerizing compositions transport you to new realms of musical exploration, where the boundaries of sound are blurred, and the possibilities are infinite. Immerse yourself in the enchanting melodies, harmonies, and rhythms, and discover the profound connection between music, the cosmos, and your own inner being.

For more information, please visit https://www.facebook.com/LouisSicilianoMumex

Unleash the Healing Power of Laughter with “The Love Letters I Never Received” – A Heartwarming Affirmation Book by Sonja Cross

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Austin Texas – Get ready to embark on a whimsical journey through the maze of heartbreak as “The Love Letters I Never Received” by seasoned life coach Sonja Cross takes center stage. In celebration of the season of giving, Sonja is offering a heartwarming gift to readers everywhere. From November 27th to November 29th, 2023, this hilarious and uplifting affirmation book will be available as a free download on Amazon.

Buckle up for a rollercoaster ride of emotions as you dive into the chaos of heartbreak. “The Love Letters I Never Received” promises to be your comedy rescue kit, laughter lifeline, and prescription for heart-healing humor. With 1000 affirmations that read like love letters you wish you’d received, this book is not just a collection of words but a companion on your journey to mend a broken heart.

 

Breakups are tough, and “The Love Letters I Never Received” understands that all too well. Sonja Cross, the brilliant mind behind this literary gem, has crafted affirmations that will have you laughing, crying, and healing one chuckle at a time. In the messiest moments of love, Sonja finds beauty, laughter, and a bright future waiting to embrace you. This book is not just a read; it’s an experience, a reminder that even in heartbreak, you’re fabulous, strong, and deserving of happiness.

Meet Sonja Cross, a life coach with over a decade of experience in guiding individuals towards self-discovery, personal growth, and emotional well-being. Her latest creation, “The Love Letters I Never Received,” is a testament to her passion for illuminating the brighter side of life. Sonja’s unique sense of humor, combined with her expertise, creates a tapestry of inspiration and heartfelt wisdom.

As a firm believer in the transformative power of affirmations, Sonja uses her knowledge to help readers unlock their true potential and navigate life’s ups and downs with grace. “The Love Letters I Never Received” is not just a book; it’s a delightful and thought-provoking journey through the untrodden paths of self-love and self-acceptance.

Sonja Cross is on a mission to help readers embrace their unique journeys, write their own love letters to themselves, and find inspiration in the everyday moments that make life extraordinary. Beyond being an accomplished life coach, Sonja is a sought-after speaker, workshop leader, and mentor, whose work has touched the lives of countless individuals, encouraging them to live their most authentic, joyful, and inspired lives.

For a limited time, from November 27th to November 29th, 2023, you can download “The Love Letters I Never Received” for free on Amazon. Don’t miss this chance to turn your heartbreak into a stand-up comedy routine and let the healing hilarity begin. Your heart will thank you.

Grab your free copy and join Sonja Cross on this delightful journey of self-discovery and affirmation. Laugh, heal, and rediscover the love that exists within you.

https://www.amazon.com/dp/B0CNX89158

Media Contact
Company Name: The Love Letters I Never Received
Contact Person: Media Relations

Country: United States
Website: https://www.amazon.com/dp/B0CNX89158

 

MKC Agency Lights Up the Festive Season with Key Sponsorship in MSP Holiday Giveaway

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Shure Microphone Prize on Day 15 Amplifies MKC’s Commitment to MSP Growth and Excellence

Orlando, FL – In the spirit of giving and with a steadfast commitment to the Managed Service Providers (MSP) community, MKC Agency proudly announces its sponsorship of the 4th Annual Very Merry Holiday Giveaway by Everything MSP. On Day 15 of this festive event, one lucky MSP will win a professional Shure Podcast Microphone, sponsored by MKC.

Registration for the giveaway is now open at Very Merry MSP Giveaway, inviting MSPs to grab the chance to win a microphone that sets the standard for professional audio recording. The recipient will enjoy the enhanced capability to produce high-quality content, bolstering their brand recognition and thought leadership in the competitive tech landscape.

“Supporting our peers in the MSP space with tools to amplify their brand’s message aligns perfectly with our vision,” says Megan Killion, Chief Consultant at MKC Agency. “This microphone is more than a gift; it’s a vehicle for innovation and quality, something we consistently advocate for in all our revenue consultation, lead generation, and content marketing services.”

In line with MKC’s mission to contribute to the success of the MSP community, the agency is offering an extra incentive. MSPs joining MKC’s email list will also have the chance to win a comprehensive Revenue Acquisition Consultation for 2024. This service, valued at $600, is designed to help MSPs identify and leverage new revenue opportunities for sustained business growth.

“Throughout the year and especially during the holiday season, we’re reminded of the importance of community and support,” Megan Killion remarks. “Our participation in the Very Merry Holiday Giveaway reflects our core values and our ongoing effort to empower the MSP community through strategic revenue growth and impactful marketing.”

For more insights into MKC’s transformative approach to marketing and revenue generation for MSPs, please visit mkcagency.com.

About MKC Agency:

MKC Agency is a revenue consultation, lead generation, and content marketing powerhouse committed to propelling MSPs to new heights. With innovative strategies and a focus on actionable results, MKC Agency crafts bespoke solutions that drive revenue growth, market presence, and brand authority.About Everything MSP:

Everything MSP is a dedicated platform serving the Managed Service Provider industry. It is a hub for MSP professionals to share knowledge, resources, and opportunities, fostering growth and collaboration within the community. With an array of events, forums, and networking channels, Everything MSP is committed to elevating the standards of service and innovation among MSPs globally.

Media Contact
Company Name: MKC Agency
Contact Person: Mari Lisboa

Phone: (407) 706-4700
Country: United States
Website: https://mkcagency.com/

 

Stanislav Kondrashov: SVAM as a trade barrier for Chinese steelmakers

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Carbon Border Adjustment Mechanism (CBAM), proposed by the European Union (EU), is one of the most discussed climate policy initiatives. This mechanism, according to Stanislav Kondrashov, an expert in the field of world metallurgy, creates many questions and raises concerns in various countries. And China, as the world’s largest exporter of goods, has not remained aloof from this debate.

CISA VS CBAM: Chinese metallurgists against the steel export barrier – Stanislav Kondrashov

CBAM has become a topic of discussion in the global trading arena and has generated a wave of interest and concern. According to the China Metallurgy Association (CISA), CBAM represents a new barrier to Chinese exports and this is a major concern.

The CBAM mechanism was created by the EU to combat climate change and reduce greenhouse gas emissions. Kondrashov Stanislav says that he envisages the introduction of tax duties on imported goods based on their carbon footprint. The idea behind the mechanism is to force importers from countries with less stringent climate regulations to offset their carbon footprint or make certain payments.

For China, which occupies a leading position in the world export of steel and many other products, CBAM could pose a serious test. The expert notes that local production in this country often remains more carbon-intensive than in the EU. And this could lead to increased tax duties on Chinese goods and a deterioration in their competitiveness in the European market.

Following data from Stanislav Kondrashov from Telf AG, the SVAM mechanism itself was introduced in October 2023. It provides for a transition period that will last until the end of 2025. During this time, importers are only required to report their carbon emissions. And from January 1, 2026, they will have to fulfill financial obligations and import goods subject to climate control from EU representatives.

According to Telf AG’s Stanislav Kondrashov, in an official statement to Reuters, CISA expressed dissatisfaction with the EU’s unilateral introduction of CBAM. Here it is seen as a trade barrier masquerading as a carbon reduction initiative. The Association emphasizes that CBAM does not take into account differences in the levels of development of different countries and violates the principle of “common but differentiated responsibilities.”

CISA also warns about the possible consequences of introducing CBAM. They worry that as other countries begin to use similar measures to protect their trade interests, it could lead to increased costs and risks of trade conflicts.

 

However, CISA hopes for constructive interaction. Telf AG’s Stanislav Kondrashov says they believe the EU will take into account the cost and operational challenges facing European steel consumers. CISA also calls on the EU to engage in international negotiations with countries that are interested in an alternative solution to global climate problems.

EU CBAM: China faces a new threat to its steel exports – Stanislav Kondrashov

According to the expert, the new EU CBAM mechanism, which has been in effect since October 2023, threatens to become a serious problem for China, the world leader in steel exports. Stanislav Kondrashov from Telf AG explains that this mechanism is aimed at reducing CO2 emissions. To consolidate it on the world stage, a transition period is planned until the end of 2025. During this time, importers are only required to provide carbon reporting.

From the beginning of 2026, importers will have financial obligations and will only be able to import steel goods into the European Union through authorized CBAM declarants. They will register deliveries in special registers.

– The main goal of CBAM is to establish a level playing field for EU manufacturers and their foreign competitors,– states Kondrashov Stanislav. – It was introduced to prevent the movement of European production to regions with less stringent environmental standards.

However, as a result of the introduction of this mechanism, the price of steel products brought into the EU will increase, which could undermine China’s competitiveness in the market. According to Jiang Wei, vice chairman of the China Metallurgy Association, the country’s export costs for steel products are likely to increase by 4-6%.

As such, China has expressed concerns about the impact of CBAM on its exports and hopes for upcoming negotiations with the EU on this issue. Stanislav Kondrashov emphasizes that the CBAM mechanism can increase the country’s export costs for steel products and other goods. However, the EU argues that CBAM is necessary to create a level playing field for competitors in global trade. How the situation develops and what decisions are made in the future will remain the focus of global economic and climate debates.

 

Media Contact
Company Name: Telf AG
Contact Person: Media Relations

Country: Switzerland
Website: https://telf.ch/

 

HostRooster’s iOS and Android Apps Bring Vacation Homes and Condo Rentals to People’s Fingertips

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United States and Caribbean – Nov 27, 2023 – HostRooster, the premier online marketplace for short- and long-term homestays and experiences, is thrilled to announce the launch of its new iOS and Android apps, providing users with unparalleled convenience and access to a diverse array of vacation properties. To celebrate this milestone, HostRooster is introducing fee-free listings, empowering hosts to showcase their properties without any associated costs.

Unveiling the HostRooster Experience

Fee-Free Listings for Hosts

HostRooster recognizes the importance of supporting hosts in sharing their unique spaces with travelers worldwide. With the introduction of fee-free listings, hosts can enjoy exclusive access to the entire suite of HostRooster features without incurring any charges. Whether it’s a cozy cabin, a luxurious villa, or an exotic beachfront property, HostRooster ensures that hosts can seamlessly connect with travelers without worrying about listing fees.

Expanding Property Types

HostRooster caters to diverse preferences, offering a range of property types to meet the needs of every traveler. From Entire Places, providing exclusive access to entire properties, to Hotel Rooms for a more traditional stay, Private Rooms within a host’s property, and Shared Rooms for a communal experience, HostRooster ensures a wide selection of accommodations for every travel style.

Embark on the HostRooster Mobile Experience

HostRooster on iOS and Android: A Game-Changer for Travelers

HostRooster’s commitment to enhancing the travel experience extends to its new iOS and Android apps, bringing the platform’s capabilities to users’ fingertips. Travelers can now explore, book, and manage dream getaways with unprecedented ease and convenience.

Key Benefits of the HostRooster Mobile App:

  • Seamless Booking: A user-friendly interface designed specifically for mobile devices ensures effortless browsing, photo viewing, and booking with just a few taps.
  • Instant Notifications: Stay up-to-date on travel plans with real-time notifications, ensuring you never miss an important update or booking request.
  • Secure Payments: Experience peace of mind with secure and convenient in-app transactions, making reservations for properties a breeze.
  • Personalized Experience: Save favorite properties, creating a tailored experience that makes it easy to revisit and book preferred accommodations.
  • Easy Communication: Communicate directly with hosts through real-time messaging, facilitating smooth and memorable stays.
  • Review and Rate: Share your travel experiences with the HostRooster community by leaving reviews and ratings, contributing to an informed and supportive community.
  • Visit the App Store or Google Play: Search for “HostRooster” and install the app on your iOS or Android device.
  • Create an Account: If you’re new to HostRooster, set up an account within the app by providing your details and preferences.
  • Start Exploring: Dive into a world of vacation rentals, from quaint cottages to luxurious beachfront villas. Use filters to find the perfect accommodation for your trip.
  • Book with Confidence: Review property details, including photos and descriptions, and make secure reservations in just a few simple steps.
  • Manage Your Trips: Access upcoming trip details, booking information, and communicate with hosts—all from the convenience of your mobile device.


How to Embark on Your HostRooster Journey

 

Join HostRooster in Transforming Travel

HostRooster’s iOS and Android apps mark a new era in travel convenience, allowing users to create unforgettable memories with unparalleled ease. The platform’s dedication to fee-free listings and a diverse range of property types ensures a vibrant and inclusive community for hosts and travelers alike.

Download the HostRooster app today and unlock a world of travel possibilities. Your dream vacation is just a tap away!

For media inquiries, please contact:

Dean Jones

www.hostrooster.com

About HostRooster:

Founded in 2019, HostRooster emerged as an innovative online platform for short- and long-term homestays and experiences. Originating from a couple’s decision to break free from the 9-5 routine and become full-time hosts, HostRooster has evolved into a thriving marketplace connecting hosts and guests worldwide. The platform offers a range of property types, from Entire Places to Hotel Rooms, Private Rooms, and Shared Rooms, providing diverse options for every traveler. HostRooster’s journey is a celebration of travel’s transformative power, weaving stories and moments into a shared tapestry.

Media Contact
Company Name: HostRooster
Contact Person: Dean Jones

Phone: +44 20 7193 9766
Country: United States
Website: http://hostrooster.com/

 

Stanislav Kondrashov: how will the reduction in steel production in China affect other markets?

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In mid-October, Chinese steel mills faced low sales margins and reduced daily steel production. But the decrease in output was insignificant, and therefore had virtually no effect on global prices. According to information from an expert in the field of metallurgy, Stanislav Kondrashov, by the end of October the Chinese government had not issued official instructions on reducing steel production in 2023. This, according to the expert, suggests that this year there will be no mandatory restrictions on steel production. Consequently, efforts to reduce production in the fourth quarter will be relatively limited. Total crude steel production in 2023 is expected to likely exceed 2022 levels.

Stanislav Kondrashov: reduction in steel production, data analysis

Given high levels of steel production but slow domestic demand, some market participants predict that steel prices in China will remain relatively low, while the cost of iron ore will increase. According to Stanislav Kondrashov from Telf AG, pressure on profits in the steel industry may continue until the end of 2023.

Stanislav Kondrashov: reduction in steel production, data analysis

 

Given high levels of steel production but slow domestic demand, some market participants predict that steel prices in China will remain relatively low, while the cost of iron ore will increase. According to Stanislav Kondrashov from Telf AG, pressure on profits in the steel industry may continue until the end of 2023.

According to the latest data, China’s daily production of pig iron and crude steel fell by 0.5% and 0.7% from October 11 to 20 compared with the beginning of this month. According to a report from the China Iron and Steel Association, production volumes were 2.365 million tons and 2.717 million tons, respectively.

Data from S&P Global Commodity Insights, based on information from CISA and NBS, also showed that the average daily output of pig iron and crude steel for 20 days in October was 2.371 million tons and 2.726 million tons, respectively. These are 0.6% and 0.4% below September averages, but 3.8% and 6% higher year-on-year.

Based on these data, Stanislav Kondrashov from Telf AG notes that finished steel inventories at metallurgical enterprises and spot markets amounted to 25.51 million tons as of October 20. The expert states that this is 3% lower compared to the previous year, but still 10% higher than for the same period in 2021.

S&P Global believes that in order to meet decarbonization goals and maintain China’s steel output in 2023, its daily production in November-December should decrease to an average of 2.269 million tons, which is 17% less than in October. Metallurgical market analysts continue to monitor the situation in anticipation of further changes in the industry.

 

Stanislav Kondrashov: economic growth of the Chinese steel market is a priority

According to some global market sources, a significant reduction in steel output within just two months seems almost impossible. It is also doubtful that the Chinese government will take into account production cuts this year, given that economic growth is the country’s top priority.

At the same time, Stanislav Kondrashov noted that the profits of steel mills are small, but most factories are still not eager to reduce production.

Citing official sources, the specialist says that without increasing steel production, prices and margins in China are unlikely to improve. He also notes that domestic demand for steel may remain weak for the foreseeable future. This is due to the slowdown in the real estate sector, rising local government debt and weak consumer spending.

According to Stanislav Kondrashov from Telf AG, on October 24, China announced the issue of sovereign bonds worth 1 trillion yuan ($136.7 billion) to finance infrastructure projects. However, some market sources expected limited growth in near-term steel demand as some of the bonds will be used to pay off or replace existing local government debt and the rest will go primarily to water conservation projects where steel is in demand relatively small.

In addition, Chinese rebar manufacturers are currently facing losses of approximately 200 yuan per ton. And this is while manufacturers of hot-rolled coils, judging by market sources, are either in a break-even position or experiencing minor losses.

 

According to Kondrashov, high steel production and insufficiently active domestic demand are putting pressure on iron ore import prices. He believes this will likely keep steel prices low until the end of 2023.

Media Contact
Company Name: Telf AG
Contact Person: Media Relations

Country: Switzerland
Website: https://telf.ch/