Latest news with #AsiaPacific
The Star
29 minutes ago
- Business
- The Star
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer U.S. interest rate cuts offset support from rising geopolitical risks in the Middle East. Spot gold slipped 0.8% to $3,333.99 an ounce, as of 0604 GMT, and was down 2.5% for the week so far. U.S. gold futures shed 1.4% to $3,361.80. Describing the situation in the Middle East as "fluid", Kelvin Wong, senior market analyst, Asia Pacific, at OANDA, said it is causing traders to avoid taking aggressive positions both on the long and the short side of the trade spectrum. U.S. President Donald Trump will decide in the next two weeks whether the U.S. will get involved in the Israel-Iran air war, the White House said on Thursday, raising pressure on Tehran to come to the negotiating table. Meanwhile, Trump reiterated his calls for the U.S. Federal Reserve to cut interest rates, saying it should be 2.5 percentage points lower. The Fed held rates steady on Wednesday, and policymakers retained projections for two quarter-point rate cuts this year. "Macroeconomic developments, particularly steady yields and renewed USD strength, have not supported the (gold) price," analysts at ANZ said in a note. "Rising inflation expectations and the Fed's cautious stance have weighed on market expectations around the number of rate cuts this year." The dollar was set to log its biggest weekly rise in over a month on Friday. A stronger greenback makes gold more expensive for other currency holders. Elsewhere, spot silver slipped 2.1% to $35.61 per ounce, while palladium fell 0.8% to $1,042.04. Platinum fell 1.9% to $1,282.72, but was heading for its third straight weekly rise. - Reuters
Yahoo
an hour ago
- Business
- Yahoo
Baseband Processor Industry Report 2025: Open RAN Adoption Opens New Avenues for Disaggregated Baseband Architectures
This report explores key market trends, drivers, and forecasts, aiding strategic business decisions. It covers tariff impacts and technological advancements in 5G, highlighting baseband processors as crucial for modern mobile communications. Regional dynamics, especially in Asia-Pacific, are analysed alongside a competitive landscape featuring major players like Qualcomm and MediaTek. The report offers insights into diverse applications from IoT to automotive telematics, essential for the evolving digital economy. Baseband Processor Market Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Baseband Processor - Global Strategic Business Report" has been added to global market for Baseband Processor was estimated at US$40.5 Billion in 2024 and is projected to reach US$64.4 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Baseband Processor market. How Is 5G Revolutionizing the Capabilities and Design of Baseband Processors?The transition to 5G technology is dramatically reshaping the architecture, capabilities, and competitive landscape of the global baseband processor market. Unlike previous generations, 5G demands a significant leap in data processing power, energy efficiency, and integration of multi-band, multi-mode compatibility to support diverse use cases ranging from enhanced mobile broadband to ultra-reliable low-latency communication (URLLC). Baseband processors must now handle vastly more data, orchestrate massive MIMO configurations, and support millimeter-wave (mmWave) and sub-6 GHz frequencies each of which presents unique design and thermal challenges. To meet these demands, chipmakers are leveraging advanced semiconductor nodes (such as 5nm and below), AI-based signal processing algorithms, and heterogeneous computing architectures to boost processing capabilities without compromising power efficiency. Furthermore, many manufacturers are transitioning from standalone baseband designs to fully integrated SoCs that incorporate AI engines, GPUs, and dedicated security modules, providing a compact, all-in-one solution ideal for 5G smartphones and connected devices. The arrival of 5G RedCap (Reduced Capability) for IoT and industrial use cases is also influencing baseband design by prioritizing power optimization, reduced complexity, and lower bandwidth for devices that do not require full 5G capabilities. In parallel, 5G network slicing and software-defined network integration are prompting the development of programmable baseband platforms that can adapt in real time to diverse service requirements. These developments are not only transforming baseband processors into high-performance digital cores but are also defining the strategic direction of companies that operate at the intersection of semiconductors, telecom infrastructure, and consumer Are Market Dynamics and Regional Demand Patterns Evolving in the Baseband Ecosystem?The global baseband processor market is being shaped by a complex interplay of regional demand trends, competitive strategies, and technology localization efforts. Asia-Pacific, led by China, South Korea, Taiwan, and India, dominates the market due to its massive consumer base, thriving smartphone manufacturing sector, and aggressive 5G deployment strategies. China's focus on self-reliance in semiconductors has resulted in strong government backing for domestic baseband players like HiSilicon (Huawei), Unisoc, and others, seeking to reduce dependence on Western chipmakers amid ongoing geopolitical tensions. In the United States and Europe, baseband innovation is driven by high-performance requirements in flagship smartphones, as well as in emerging 5G-enabled enterprise and automotive applications. U.S.-based Qualcomm remains a dominant force in premium baseband solutions, while MediaTek continues to expand its global footprint with a growing portfolio of cost-effective 4G and 5G chips for mid-range and entry-level devices. The market is also seeing a gradual shift toward diversification in verticals such as connected industrial equipment, smart cities, augmented reality, and vehicle-to-everything (V2X) communication systems, all of which require embedded connectivity powered by efficient baseband platforms. Demand for low-power, high-security baseband processors is growing in defense, satellite communications, and private networks as governments and enterprises prioritize secure, sovereign connectivity. Meanwhile, open RAN (Radio Access Network) initiatives are reshaping the telecom equipment landscape, increasing demand for modular baseband solutions that can interface with a wider range of network components. This evolving environment is driving manufacturers to rethink their hardware-software integration strategies and align product roadmaps with region-specific regulatory, security, and performance Insights: Market Growth: Understand the significant growth trajectory of the 4G Type segment, which is expected to reach US$38.0 Billion by 2030 with a CAGR of a 7.5%. The 5G Type segment is also set to grow at 9.4% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $10.6 Billion in 2024, and China, forecasted to grow at an impressive 7.8% CAGR to reach $10.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as Advanced Micro Devices, Inc. (AMD), Analog Devices, Inc., Apple Inc., Broadcom Inc., and more. The report integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include: Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs. Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015. Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends. Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape. Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players. Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities. Key Attributes: Report Attribute Details No. of Pages 146 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $40.5 Billion Forecasted Market Value (USD) by 2030 $64.4 Billion Compound Annual Growth Rate 8.0% Regions Covered Global Key Topics Covered: MARKET OVERVIEW World Market Trajectories Tariff Impact on Global Supply Chain Patterns Baseband Processor - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS 5G Network Rollouts Throw the Spotlight on Next-Gen Baseband Processor Integration Smartphone Penetration in Emerging Markets Expands the Addressable Volume Opportunity AI-Powered Signal Processing Drives Adoption of High-Performance Baseband Architectures Rising Demand for Edge Computing Devices Spurs Growth in Embedded Baseband Solutions Shift Toward SoC (System-on-Chip) Designs Strengthens the Business Case for Integration Cloud Gaming and AR/VR Trends Generate New Requirements for Low-Latency Baseband Chips Enterprise IoT Deployments Accelerate Demand for Scalable and Secure Baseband Modules Evolving Wireless Standards Propel Innovation Cycles in Baseband Processor Design Cross-Vertical 5G Applications Create Diversified Revenue Streams Across Industry Use Cases How Satellite Connectivity Trends Are Reshaping Rural Baseband Requirements Open RAN Adoption Opens New Avenues for Disaggregated Baseband Architectures Thermal Management Innovations Sustain Growth in High-Performance Mobile Applications FOCUS ON SELECT PLAYERS Some of the 48 companies featured in this Baseband Processor market report include: Advanced Micro Devices, Inc. (AMD) Analog Devices, Inc. Apple Inc. Broadcom Inc. HiSilicon Infineon Technologies AG Intel Corporation Lattice Semiconductor Corporation Marvell Technology, Inc. MediaTek Inc. NVIDIA Corporation NXP Semiconductors Qorvo, Inc. Qualcomm Incorporated Realtek Semiconductor Corp. Renesas Electronics Corporation Samsung Electronics Co., Ltd. Skyworks Solutions, Inc. STMicroelectronics Texas Instruments Incorporated For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Baseband Processor Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Business
- Yahoo
Baseband Processor Industry Report 2025: Open RAN Adoption Opens New Avenues for Disaggregated Baseband Architectures
This report explores key market trends, drivers, and forecasts, aiding strategic business decisions. It covers tariff impacts and technological advancements in 5G, highlighting baseband processors as crucial for modern mobile communications. Regional dynamics, especially in Asia-Pacific, are analysed alongside a competitive landscape featuring major players like Qualcomm and MediaTek. The report offers insights into diverse applications from IoT to automotive telematics, essential for the evolving digital economy. Baseband Processor Market Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Baseband Processor - Global Strategic Business Report" has been added to global market for Baseband Processor was estimated at US$40.5 Billion in 2024 and is projected to reach US$64.4 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Baseband Processor market. How Is 5G Revolutionizing the Capabilities and Design of Baseband Processors?The transition to 5G technology is dramatically reshaping the architecture, capabilities, and competitive landscape of the global baseband processor market. Unlike previous generations, 5G demands a significant leap in data processing power, energy efficiency, and integration of multi-band, multi-mode compatibility to support diverse use cases ranging from enhanced mobile broadband to ultra-reliable low-latency communication (URLLC). Baseband processors must now handle vastly more data, orchestrate massive MIMO configurations, and support millimeter-wave (mmWave) and sub-6 GHz frequencies each of which presents unique design and thermal challenges. To meet these demands, chipmakers are leveraging advanced semiconductor nodes (such as 5nm and below), AI-based signal processing algorithms, and heterogeneous computing architectures to boost processing capabilities without compromising power efficiency. Furthermore, many manufacturers are transitioning from standalone baseband designs to fully integrated SoCs that incorporate AI engines, GPUs, and dedicated security modules, providing a compact, all-in-one solution ideal for 5G smartphones and connected devices. The arrival of 5G RedCap (Reduced Capability) for IoT and industrial use cases is also influencing baseband design by prioritizing power optimization, reduced complexity, and lower bandwidth for devices that do not require full 5G capabilities. In parallel, 5G network slicing and software-defined network integration are prompting the development of programmable baseband platforms that can adapt in real time to diverse service requirements. These developments are not only transforming baseband processors into high-performance digital cores but are also defining the strategic direction of companies that operate at the intersection of semiconductors, telecom infrastructure, and consumer Are Market Dynamics and Regional Demand Patterns Evolving in the Baseband Ecosystem?The global baseband processor market is being shaped by a complex interplay of regional demand trends, competitive strategies, and technology localization efforts. Asia-Pacific, led by China, South Korea, Taiwan, and India, dominates the market due to its massive consumer base, thriving smartphone manufacturing sector, and aggressive 5G deployment strategies. China's focus on self-reliance in semiconductors has resulted in strong government backing for domestic baseband players like HiSilicon (Huawei), Unisoc, and others, seeking to reduce dependence on Western chipmakers amid ongoing geopolitical tensions. In the United States and Europe, baseband innovation is driven by high-performance requirements in flagship smartphones, as well as in emerging 5G-enabled enterprise and automotive applications. U.S.-based Qualcomm remains a dominant force in premium baseband solutions, while MediaTek continues to expand its global footprint with a growing portfolio of cost-effective 4G and 5G chips for mid-range and entry-level devices. The market is also seeing a gradual shift toward diversification in verticals such as connected industrial equipment, smart cities, augmented reality, and vehicle-to-everything (V2X) communication systems, all of which require embedded connectivity powered by efficient baseband platforms. Demand for low-power, high-security baseband processors is growing in defense, satellite communications, and private networks as governments and enterprises prioritize secure, sovereign connectivity. Meanwhile, open RAN (Radio Access Network) initiatives are reshaping the telecom equipment landscape, increasing demand for modular baseband solutions that can interface with a wider range of network components. This evolving environment is driving manufacturers to rethink their hardware-software integration strategies and align product roadmaps with region-specific regulatory, security, and performance Insights: Market Growth: Understand the significant growth trajectory of the 4G Type segment, which is expected to reach US$38.0 Billion by 2030 with a CAGR of a 7.5%. The 5G Type segment is also set to grow at 9.4% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $10.6 Billion in 2024, and China, forecasted to grow at an impressive 7.8% CAGR to reach $10.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as Advanced Micro Devices, Inc. (AMD), Analog Devices, Inc., Apple Inc., Broadcom Inc., and more. The report integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include: Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs. Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015. Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends. Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape. Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players. Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities. Key Attributes: Report Attribute Details No. of Pages 146 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $40.5 Billion Forecasted Market Value (USD) by 2030 $64.4 Billion Compound Annual Growth Rate 8.0% Regions Covered Global Key Topics Covered: MARKET OVERVIEW World Market Trajectories Tariff Impact on Global Supply Chain Patterns Baseband Processor - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS 5G Network Rollouts Throw the Spotlight on Next-Gen Baseband Processor Integration Smartphone Penetration in Emerging Markets Expands the Addressable Volume Opportunity AI-Powered Signal Processing Drives Adoption of High-Performance Baseband Architectures Rising Demand for Edge Computing Devices Spurs Growth in Embedded Baseband Solutions Shift Toward SoC (System-on-Chip) Designs Strengthens the Business Case for Integration Cloud Gaming and AR/VR Trends Generate New Requirements for Low-Latency Baseband Chips Enterprise IoT Deployments Accelerate Demand for Scalable and Secure Baseband Modules Evolving Wireless Standards Propel Innovation Cycles in Baseband Processor Design Cross-Vertical 5G Applications Create Diversified Revenue Streams Across Industry Use Cases How Satellite Connectivity Trends Are Reshaping Rural Baseband Requirements Open RAN Adoption Opens New Avenues for Disaggregated Baseband Architectures Thermal Management Innovations Sustain Growth in High-Performance Mobile Applications FOCUS ON SELECT PLAYERS Some of the 48 companies featured in this Baseband Processor market report include: Advanced Micro Devices, Inc. (AMD) Analog Devices, Inc. Apple Inc. Broadcom Inc. HiSilicon Infineon Technologies AG Intel Corporation Lattice Semiconductor Corporation Marvell Technology, Inc. MediaTek Inc. NVIDIA Corporation NXP Semiconductors Qorvo, Inc. Qualcomm Incorporated Realtek Semiconductor Corp. Renesas Electronics Corporation Samsung Electronics Co., Ltd. Skyworks Solutions, Inc. STMicroelectronics Texas Instruments Incorporated For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Baseband Processor Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
- Business
- Yahoo
Stainless Steel Seamless Pipes Market - Global Forecast Report to 2030, with Case Studies of TMK Group, Gazprom, Nippon Stell, and Sandvik
Demand from the oil & gas sector is boosting market growth, with these pipes excelling in high-pressure, high-corrosion environments. Despite high manufacturing costs compared to welded pipes, stainless steel seamless pipes are key in renewable energy projects due to their durability. The Asia Pacific region leads in market share, fueled by industrialization and infrastructure projects. Key players include NIPPON STEEL, Alleima, and Vallourec. This report covers industry drivers, market trends, and competitive insights. Stainless Steel Seamless Pipes Market Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Stainless Steel Seamless Pipes Market by Grade (Austenitic, Ferritic, Duplex), Technology (Piercing, Extrusion), End-use Industry (Oil & Gas, Automotive & Transportation, Energy & Power, Nuclear, Green Hydrogen, Others), & Region - Global Forecast to 2030" has been added to report includes market segmentation by grade, technology, end-use industry, and region, with estimations of market value across regions. It provides a detailed analysis of key industry players in the stainless steel seamless pipes market, their business strategies, product launches, expansions, and partnerships in the stainless steel seamless pipes market. The stainless steel seamless pipes market is set to grow from USD 3.88 billion in 2025 to USD 5.15 billion by 2030, registering a CAGR of 5.8% over the forecast period. This growth is attributed to the increasing demand from the oil & gas sector, a crucial market driver. Stainless steel has replaced other materials in various industrial applications due to its superior qualities, and seamless pipes are particularly favored in high-pressure, high-temperature, and high-corrosion environments, such as exploration and drilling. High Manufacturing Costs pose a significant challenge for market growth, as the production of seamless pipes involves complex and energy-intensive processes like hot extrusion and rotary piercing. The higher expenses associated with corrosion-resistant and high-temperature stable stainless steel contribute to increased manufacturing costs, impacting price-sensitive industries and developing regions more acutely. Emerging Opportunities in Renewable Energy are paving the way for stainless steel seamless pipes. As global energy needs shift toward more sustainable sources, demand for these pipes in geothermal facilities, offshore wind structures, and hydrogen infrastructure is increasing. Their corrosion resistance and mechanical strength make them apt for these applications, creating new market avenues for manufacturers outside traditional sectors like oil and gas. Technical Challenges in large-diameter pipe production revolve around achieving uniform wall thickness and mechanical consistency. The complexities of production stages and mass production equipment management, along with stringent quality checks, escalate time and costs. Nevertheless, as demand grows in industries like petrochemicals and offshore energy, technological advancements are gradually overcoming these obstacles. Austenitic Grades' Dominance in seamless stainless steel pipes continues, credited to their exceptional corrosion resistance, high strength, and adaptability to various environments. Their utility spans industries from oil and gas to food and beverage, owing to non-magnetic properties and ease of welding, manufacturing, and installation. Asia Pacific Leadership in 2024 is driven by rapid industrialization, urban development, and major infrastructure projects in nations such as China, India, and Japan. Government investments in energy infrastructure augment the demand for robust piping systems across sectors like oil & gas and construction. The region benefits from a large manufacturing base and lower production costs, maintaining its dominance in the industry. Competitive Landscape Prominent market players include Nippon Steel (Japan), Alleima (Sweden), Vallourec (France), AMETEK, Inc. (US), JFE Steel Corporation (Japan), and Tenaris (Luxembourg), among others. The report delves into several key insights: Analysis of Key Drivers: particularly in sectors such as automotive, construction, chemicals, energy, and oil & gas. Market Penetration: Information on products offered by top market players. Product Development/Innovation: Insights into upcoming technologies and R&D activities. Market Development: Analysis of emerging markets. Market Diversification: Information on new products and recent developments. Competitive Assessment: Evaluation of market shares, strategies, and capabilities of leading players. Key Attributes: Report Attribute Details No. of Pages 311 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $3.88 Billion Forecasted Market Value (USD) by 2030 $5.15 Billion Compound Annual Growth Rate 5.8% Regions Covered Global Key Topics Covered: Market Dynamics Drivers Continuous Expansion of Oil & Gas Industry Enhanced Recyclable Properties Compared to Alternative Materials Infrastructure Development and Urbanization in Emerging Economies Challenges Raw Material Price Volatility and Supply Chain Disruptions Material Yield Loss and Production Inefficiencies Opportunities Expansion into High-Performance & Specialty Alloys and Rising Demand in Hydrogen and Renewable Energy Sectors Challenges Long Sales Cycles and Certification Delays Hindering Revenue Generation China's Offloading Surplus Steel Eroding Indian Manufacturers of Market Share and Growth Case Study Analysis TMK Group's Smart Seamless Pipes for Gazprom Nippon Steel's Martensitic Stainless Steel Seamless Pipes for High-Co2 Environments Sandvik's Sanicro 35 for Refinery Heat Exchangers Company Profiles Nippon Steel Corporation Alleima Vallourec Ametek, Inc. JFE Steel Corporation Tenaris Jindal Saw Ltd. ISMT Limited Tubacex SA Centravis Tianjin Pipe Corporation Ratnamani Metals & Tubes Ltd. WSSL Venus Pipes and Tubes Zhejiang Tsingshan Steel Pipe Co. Ltd. Lalbaba Engineering Group Maxim Tubes Company Pvt. Ltd. Chandan Steel Ltd. Dmv GmbH Jiangsu Wujin Stainless Steel Pipe Group Co. Ltd. Ottoman Tubes Maruichi Stainless Tube Co. Ltd. Plymouth Tube Company Heavy Metal & Tubes (India) Pvt. Ltd. Mangalam Worldwide Limited For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Stainless Steel Seamless Pipes Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Shafaq News
an hour ago
- Business
- Shafaq News
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
Shafaq News/ Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer U.S. interest rate cuts offset support from rising geopolitical risks in the Middle East. Spot gold slipped 0.8% to $3,333.99 an ounce, as of 0604 GMT, and was down 2.5% for the week so far. U.S. gold futures shed 1.4% to $3,361.80. Describing the situation in the Middle East as "fluid", Kelvin Wong, senior market analyst, Asia Pacific, at OANDA, said it is causing traders to avoid taking aggressive positions both on the long and the short side of the trade spectrum. U.S. President Donald Trump will decide in the next two weeks whether the U.S. will get involved in the Israel-Iran air war, the White House said on Thursday, raising pressure on Tehran to come to the negotiating table. Meanwhile, Trump reiterated his calls for the U.S. Federal Reserve to cut interest rates, saying it should be 2.5 percentage points lower. The Fed held rates steady on Wednesday, and policymakers retained projections for two quarter-point rate cuts this year. "Macroeconomic developments, particularly steady yields and renewed USD strength, have not supported the (gold) price," analysts at ANZ said in a note. "Rising inflation expectations and the Fed's cautious stance have weighed on market expectations around the number of rate cuts this year." The dollar was set to log its biggest weekly rise in over a month on Friday. A stronger greenback makes gold more expensive for other currency holders. Elsewhere, spot silver slipped 2.1% to $35.61 per ounce, while palladium fell 0.8% to $1,042.04. Platinum fell 1.9% to $1,282.72, but was heading for its third straight weekly rise.
