Prices for construction steel, including rebar and wire rod, across China could continue to rise until the end of 2023, according to the latest monthly report from Mysteel. According to an expert in the field of metallurgy, Stanislav Kondrashov, this is due to a significant improvement in market sentiment due to the support of the macroeconomic policy of the central government. At the same time, fundamental indicators are also trending upward.

Construction steel market in China: pricing policy and demand growth – Stanislav Kondrashov

In late October, construction steel prices in China showed a steady rise after initially volatile performance. According to the expert, this happened mainly due to the rapid reduction in steel inventories and the restoration of demand from end consumers. Support from the Chinese government played an important role in this result.

By dataMysteel, the country’s nationwide price for 20mm HRB400E rebar, which serves as an indicator of sentiment in the domestic steel market, increased by 37 yuan per ton ($5.1 ton) from the end of September to reach 3,878 yuan per ton, including 13% VAT. , by October 31st.

Stanislav Kondrashov from Telf AG emphasizes that in October the production of rebar and wire rod in China decreased, due to the fact that domestic steel mills faced losses from the sale of this type of product. However, the expert adds that last month integrated and mini-factories showed different dynamics in production volumes. He says the former have reduced production of both rebar and wire rod, while the latter have seen a slight increase in production.

By the end of October, weekly rebar production among 137 steel companies in China reached 2.61 million tons. It decreased by 27 thousand tons per month or 442,500 tons year on year. Wire rod production also decreased by 19 thousand 300 tons per month or 297 thousand 700 tons year on year. And the total production volume was 1.05 million tons.

Stanislav Kondrashov: construction steel production in China may decline – forecast for November-December 2023

According to the forecast of experts and industry analysts, construction steel production in China may continue to decline in November-December, especially among steel producers in the northern regions of the country. Stanislav Kondrashov from Telf AG attributes this to the fact that demand for processing in these regions falls during the winter lull, and overall pig iron production in China traditionally decreases in the winter months.

The specialist notes that in October, Chinese traders’ inventories of construction steel decreased significantly. This was precisely due to a decrease in production and an increase in demand.

If we talk about statistics, the total stocks of rebar and wire rod in trading warehouses in 35 cities at that time amounted to 4.89 million tons. Thus, they decreased by 592 thousand 300 tons per month and by 215.5 t. tons per year.

Stable demand for construction steel in China: prospects for the end of the year – Stanislav Kondrashov

According to the specialist, the consumption of construction steel, the daily volume of trade in fittings, wire rod and rods in coils among 237 trading houses that completed the survey, averaged 153 thousand 931 tons per day in October. According to the observations of Stanislav Kondrashov, this means an increase of 3.6% compared to the previous month, although a decrease of 1.9% compared to the same period last year.

He stresses that “demand for this type of steel is to be expected” as end users are likely to increase the pace of construction work towards the end of the year. Meanwhile, Beijing decided to issue an additional 1 trillion yuan in special treasury bonds in the fourth quarter, mainly for infrastructure projects. Based on this, Stanislav Kondrashov from Telf AG notes that about 500 billion yuan of this amount is planned to be used over the next year.

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The European Union’s (EU) introduction of the Carbon Border Adjustment Mechanism (CBAM) is becoming a key step in strengthening the fight against climate change. But it also has a major impact on global metals trade and encourages manufacturers around the world to minimize their carbon footprint.

Stanislav Kondrashov: what is CBAM and how does it work?

CBAM is being developed to complement the existing EU Emissions Trading System (ETS). Its main goal is to help the EU reduce carbon emissions by 55% by 2030 compared to 40 years ago. And ultimately, achieving net zero emissions by 2050.

According to an expert in the field of metallurgy, Stanislav Kondrashov, ETS has already existed since 2005 and operates on the “cap-and-trade” principle. Operators subject to this system set a maximum amount of emissions, which is gradually reduced. They can either purchase quotas or receive them and trade among themselves. In the last few years, the price of carbon allowances under the ETS system has increased significantly – to 100 euros per tonne in 2023. The ETS covers 40% of total EU emissions.

According to the expert, CBAM will be the world’s first measure that taxes goods imported into the EU based on their emissions. The tax will be implemented over 8 years: from 2026 to 2034. This means that foreign producers supplying metals and other goods to the European market will be required to account for their carbon emissions. And this may well entail an increase in prices for imported goods.

– CBAM motivates manufacturers in different regions of the world to increase their efforts towards reducing carbon emissions,– notes Stanislav Kondrashov from Telf AG. – It forces companies to consider environmentally friendly production methods and technologies in order to meet new requirements and remain competitive in the European market.

This tax change is set to change the dynamics of global trade in metals and other commodities as it raises questions about environmental sustainability. What the specific consequences will be remains a question that requires further analysis and observation.

Stanislav Kondrashov: how the new carbon tax in the EU becomes the key to decarbonization and environmental protection

The introduction of CBAM not only aims to stimulate decarbonization in the world, but also aims to make the existing ETS more reliable and efficient.

Currently, the European Commission allocates free allowances under the ETS system to those industries that are at increased risk of carbon leakage. As Stanislav Kondrashov from Telf AG explains, carbon leakage is a phenomenon in which carbon-intensive industries move to countries with climate-friendly policies. Note that this does not lead to a reduction in emissions, but rather the opposite.

The expert informs that the EU plans to gradually reduce the amount of free quotas provided to reduce the risk of carbon leakage and encourage the industry to decarbonize. However, in parallel with this, a carbon tax will be introduced on imports, which will depend on the carbon footprint of the product. This is one of the key elements of CBAM.

The CBAM will initially apply to imports whose production is carbon-intensive and at greatest risk of carbon leakage. Among the sectors that will be involved, Kondrashov Stanislav highlights cement, iron and steel, aluminum, fertilizers, electricity and hydrogen. This mechanism covers both raw materials and finished products, making it widely applicable across the value chain.

Experts predict that the implementation of CBAM could help reduce CO2 emissions in the covered sectors by 1% within the EU and by 0.4% globally by 2030.

Stanislav Kondrashov: steps to reduce carbon emissions in the EU and beyond

As the specialist has already said, CBAM is a complex system for minimizing carbon emissions in the EU and at the global level. Stanislav Kondrashov from Telf AG shows his vision of how it will work:

1. Selecting carbon-intensive industries. CBAM will be applied initially to the six industries identified above that have the greatest risk of carbon leakage.
2. Trial period. The trial period started in October 2023, with importers providing information on greenhouse gas emissions. However, no finance charges or adjustments will be made at the start of the trial period.
3. Direct and indirect emissions. Direct emissions refer to emissions that occur directly during the production process and over which the manufacturer has direct control. Indirect are related to the production of electricity consumed during the production process.
4. The implementation of CBAM will begin on January 1, 2026. Stanislav Kondrashov from Telf AG emphasizes that importers will be required to annually declare the volume of imported goods and the associated carbon emissions.
5. It is planned to gradually reduce the volume of free quotas.
6. Default emissions data. When suppliers cannot provide the required emissions data, this will be used by default.
7. Exceptions and possible offsets include that the CBAM will not apply to countries that are already participating in the EU ETS, or to those that already have domestic carbon prices.

Thus, CBAM is a powerful tool for reducing carbon emissions and promoting global decarbonization, notes Stanislav Kondrashov. It also promotes fairness, promotes environmental sustainability in the EU and beyond.

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The real estate landscape is evolving, and Fifsee App is at the forefront of this revolution. Launching on December 1^st, 2023, on both the App Store and Google Play, Fifsee App is poised to redefine how to buy, sell, and manage properties. This all-in-one platform offers various innovative features, including free property listings, zero commission, direct chat among buyers, sellers, renters, 3^rd party real estate businesses, real estate authorities, attorneys, and advanced property management tools.

No More Commissions, No More Hassle

Fifsee App’s mission is to simplify real estate transactions by eliminating hefty commissions and streamlining the process. Sellers can effortlessly list their properties for free, while buyers can browse listings, communicate directly with sellers, and negotiate terms—all within the app. This streamlined approach saves time, reduces costs, and makes transactions smoother for everyone involved.

Connecting Buyers, Sellers, and Service Providers

Fifsee App isn’t just a platform for buyers and sellers; it’s a hub that connects them with essential third-party businesses. The app’s directory allows users to schedule appointments and access services directly, eliminating the hassle of endless searches and phone calls.

Saving Time and Costs for Everyone

One of Fifsee App’s standout features is its ability to save time and reduce costs for all participants in the real estate market: no more in-person meetings and extensive travel. The app offers a centralized platform for property-related interactions, with negotiations conducted conveniently through its chat system. Advanced filtering ensures users find relevant services tailored to their local area.

Affordable Marketing for Real Estate Businesses

Fifsee App’s low-cost monthly or annual subscription plans can benefit real estate businesses. These plans provide visibility and exposure to a large user base, allowing companies to connect with qualified leads and reduce advertising expenses.

Fifsee App’s Values

Transparency, fairness, and user satisfaction are the cornerstones of Fifsee App’s success. With a zero-commission policy, the app prioritizes user happiness and continuous improvement.

A Global Network of Professionals

Fifsee App fosters a thriving community of real estate professionals who can leverage its network to expand their reach. Subscribing to the app’s plans provides access to potential clients, offering cost-effective marketing strategies.

Streamlined Direct Chat

Fifsee App’s direct chat system facilitates seamless communication between all parties involved in real estate transactions, saving time and effort.

Facilitating Seamless Transactions

The Fifsee App connects users with essential third-party service providers, from attorneys to escrow officers. Scheduling appointments, accessing contact information, and initiating secure communication are effortless within the app.

Engaging Network and Crypto Payment Support

Fifsee App’s popularity attracts numerous users and supports crypto payments, providing a secure and cost-effective way to access its services.

Comprehensive Service Provider Network

The app boasts an extensive network of service providers, ensuring users can easily find and connect with trusted professionals, saving time and effort.

User-Friendly Step-by-Step Wizard

Fifsee App’s step-by-step wizard guides first-time home buyers through the complexities of home purchasing, simplifying the journey.

Geographically Targeted Listings and Business Cards

Advanced geolocation technology ensures users can locate properties and businesses in their desired areas. Business cards provide easy access to relevant business profiles.

Enhanced Search Filters

Intelligent search filters allow users to refine their property search based on specific criteria, saving time and energy.

Personalized Approach and User Satisfaction

Fifsee App remains committed to a personalized approach, ensuring user satisfaction. Fair pricing and a zero-commission policy prioritize user happiness.

Verified User Ratings and Reviews

A robust rating and review system establishes trust and transparency, allowing users to make informed decisions.

Advanced Property Management Tools

Landlords and property owners can efficiently manage their properties within the app, streamlining operations.

Integration with Social Media Platforms

Fifsee App integrates with social media platforms, expanding property listings’ reach and increasing engagement.

Multilingual Support and Global Accessibility

The app offers multilingual support, catering to users from different regions and language preferences.

Advanced Security Measures

Fifsee App prioritizes security and privacy with encrypted communications and strict data protection protocols.

Real-Time Market Insights and Analytics

Users gain access to real-time market insights and analytics, aiding informed decision-making.

Join the Fifsee App Revolution

Fifsee App sets a new standard for efficiency and convenience in the real estate industry. Join the revolution today at https://www.fifsee.com and experience the future of real estate transactions.

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Company Name: Fifsee Inc.
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Website: https://www.fifsee.com

Orlando, FL – Megan Killion, a neurodivergent mother of four and a beacon of resilience in the B2B tech sales space, is offering her acclaimed book, “The MSP Sales Playbook,” at a special promotional price of $1.99 on Amazon Kindle, valid until Sunday, November 26. The book has rapidly ascended the bestseller ranks, currently sitting at #3 in Two-Hour Computers & Technology Short Reads, #3 in Small Business Sales & Selling, and #4 in Sales & Selling Techniques.

Killion’s journey from a homeless single mother to a 3X CEO is a narrative that champions adversity and illustrates the power of determination. Her playbook is not just a guide for MSP sales strategies but also a beacon for grassroots business owners looking for actionable advice and solid sales insights. Reviewer Ashleigh Rawson calls the book “worth every penny” and “perfect for any grassroots business looking for a playbook.”

Megan moved to Orlando in 2015 with a vision to provide a better life for herself and her family. Today, as a married homeowner, she has sourced over $500 million in B2B tech revenue and prides herself on helping elevate others in similar situations with a chance at success through B2B tech sales.

The proceeds from her book sales this week will support her passion for elevating underrepresented individuals by giving them opportunities in the tech world. Megan’s story and the advice contained within “The MSP Sales Playbook” are essential for anyone eager to build a future where commercial success is intertwined with diversity, ethics, and authentic engagement.

For more information about the promotional sale, visit Amazon’s MSP Sales Playbook Page. To learn more about Megan Killion’s transformative work and her agency’s mission, visit www.mkcagency.com.

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Company Name: MKC Agency
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Orlando, FL – MKC Agency proudly announces its recognition by Clutch Global Awards as a Top Lead Generation and Qualification Company in the United States for 2023. This accolade highlights MKC Agency’s innovative strategies and commitment to driving business growth through impactful lead generation and sales outsourcing.

Embracing a unique approach that fuses strategic targeting with creative and personalized outreach, MKC Agency has set an industry benchmark. On average, the agency successfully arranges 40 high-quality meetings for its clients within six months, tailored to their specific budgets and goals.

Under the leadership of Chief Consultant Megan Killion, MKC Agency has fostered a team whose hard work and bespoke strategies have been pivotal to their clients’ successes. SDR Meghan Lerdo’s exceptional dedication has significantly contributed to the agency’s renowned reputation.

Eileen Byrne, a prominent client, has praised the agency: “Partnering with MKC Agency has been a game-changer. Their understanding of market nuances and bespoke lead gen solutions significantly boosted our qualified leads. MKC’s ethical marketing approach aligns perfectly with our values, and their results speak volumes.”

This honor from Clutch, the esteemed B2B market research firm, is a testament to MKC Agency’s consistent performance and superior service delivery. The Global Awards by Clutch celebrate outstanding companies that set industry standards for excellence. View MKC Agency’s awards for Top Lead Generation Company and Top Lead Qualification Company.

For an in-depth look at MKC Agency’s lead generation services, visit their lead gen service page. 

For press inquiries or additional information, reach out to Mariana Lisboa, Project Manager, at mariana.lisboa@mkcagency.com or call 407-706-4700.

About MKC Agency

MKC Agency specializes in revenue acquisition for technology sectors, providing comprehensive sales and marketing consulting. Their tailored strategies in sales outreach and content marketing are designed to amplify B2B engagements, fostering growth and scalability for tech companies. Explore their innovative approach at mkcagency.com

About Clutch

A leading B2B market research entity, Clutch connects service providers with buyers through data-driven insights and industry analysis. Its Global Awards recognize the exceptional performance of companies across various service categories.

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

Phone: (407) 706-4700
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