Petron - Global steel and wire update - March 16, 2010

Import News

Global Trade Increased Broadly in November

January 12, 2010

U.S. trade with other countries increased broadly in November as imports outpaced exports, widening the trade deficit by $3.2 billion.
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced Tuesday that total November exports of $138.2 billion and imports of $174.6 billion resulted in a goods and services deficit of $36.4 billion, up from $33.2 billion in October, revised.
November exports were $1.2 billion more than October exports of $137 billion. November imports were $4.4 billion more than October imports of $170.2 billion.
Compared with a year earlier, imports and exports were significantly lower. Exports were down $3.3 billion, or 2.3 percent, and imports were down $10.1 billion, or 5.5 percent. In November, the goods and services deficit decreased $6.8 billion from November 2008.
The October to November increase in exports of goods reflected increases in foods, feeds, and beverages ($1.3 billion); automotive vehicles, parts, and engines ($700 million); and capital goods ($400 million). Decreases occurred in consumer goods ($700 million), industrial supplies and materials ($500 million), and other goods ($400 million).

The October to November increase in imports of goods reflected increases in industrial supplies and materials ($2.1 billion), consumer goods ($1.4 billion), and capital goods ($1.2 billion). Decreases occurred in foods, feeds, and beverages ($200 million) and automotive vehicles, parts, and engines ($100 million). Other goods were virtually unchanged.

Thomas L. Gallagher, The Journal of Commerce Online.



Industry trade shows

National Hardware Show, Las Vegas
http://www.nationalhardwareshow.com/

May 5-7, 2010

Construction Shows:

World of Concrete, Latin America
Mexico, Mexico
June 8 – 10, 2010

Electrical Shows:

IEEE Power and Energy Show
New Orleans, LA
April 19 – 22, 2010

Wire Shows:

Wire Dusseldorf
Dusseldorf, Germany
April 12 -16, 2010
http://www.mdna.com/

Wire Expo
Milwaukee, WI
May 12-13
http://www.wirenet.org/

General/Misc related Shows:
Canton Fair
China
April 15 – 20; 25-30
Oct 15-20, 25-30
CEO Message:

Thank you for all your support to Petron in last 12 years. We strive to excel and provide the most competitive and top quality products from around the globe. Petron’s number asset is our people. We invest in top notch industry experts who in turn provide you our customers the best expertise in the Industry and product they represent. They bring the value in terms of understanding the product, their application and global price and sourcing dynamics. We have people offshore representing Petron and working hard everyday to get you the competitive price and products that exceeds the specs. We don’t believe in COMPETITVE PRICE = BENDING THE SPECS.

Please visit our site http://www.petronpacific.com/ and keep sending us your feedback on how we are doing and what we can do to prove to be a better business partner.

Keep growing,


Best Regards,

Niraj Balasaria
(Founder & CEO)
Petron news:

Petron new website has been launched. Petron has it’s own dedicated quality control and procurement team in Mumbai, Warsaw and Qingdao. We supply steel and wire fabricated products which goes in:

• Construction
• Electrical
• Agriculture, Fencing
• Equine

Visit us at http://www.petronpacific.com/ to learn more about Petron.