Davis Index’s Post

In the rapidly evolving landscape of global economics, industry leaders and policymakers constantly seek reliable indicators that can pre-empt market trends and guide strategic decisions. The first semester of 2024 has been marked by a surprising downturn across multiple sectors, a phenomenon now referred to as the "First Semester Drop." This white paper delves into the intricacies of this trend through the analytical lens of the David Index, a composite indicator that has gained recognition for its predictive accuracy and detailed sectoral insights. Developed by economist Dr. David Liu, the David Index aggregates various economic, social, and technological data points to forecast industry trends with a high degree of precision. This document aims to dissect the reasons behind the downturn of the first semester, drawing on historical data, expert analyses, and real-time metrics provided by the David Index. By doing so, it seeks to equip stakeholders with the knowledge to not only understand the current scenario but also to make informed decisions moving forward. This white paper will cover: 1. An overview of the David Index methodology and its components. 2. Analysis of the first semester 2024 drop across key industries. 3. Comparative studies with previous economic cycles. 4. Implications for investors and policymakers. 5. Strategic recommendations for mitigating risks and capitalizing on potential opportunities. As the global economy stands at a crossroads, the insights from the David Index provide a crucial anchor for navigating the challenges and opportunities 1. #DavidIndex 2. #EconomicTrends2024 3. #MarketAnalysis 4. #BusinessStrategy 5. #EconomicForecast 6. #IndustryInsights 7. #GlobalEconomy 8. #InvestmentTrends 9. #EconomicDownturn 10. #SectorAnalysis 11. #FinancialMarkets 12. #EconomicGrowth 13. #BusinessIntelligence 14. #MarketDynamics 15. #StrategicPlanning 16. #RiskManagement 17. #FutureOfFinance 18. #EconomicPolicy 19. #EconomicCycle 20. #MarketPredictions 21. #FinancialForecasting 22. #EconomicIndicators 23. #BusinessCycles 24. #EconomicImpact 25. #InvestmentOpportunities 26. #EconomicOutlook 27. #CorporateStrategy 28. #EconomicShifts 29. #IndustryTrends 30. #MarketFluctuations 31. #EconomicRecovery 32. #FinancialPlanning 33. #GlobalMarkets 34. #EconomicAnalysis 35. #FiscalPolicy 36. #EconomicStrategy 37. #MarketIntelligence 38. #EconomicResilience 39. #BusinessForecasting 40. #FinancialInsights 41. #InvestmentStrategy 42. #EconomicAdvisory 43. #MarketTrends2024 44. #EconomicUncertainty 45. #SectorPerformance 46. #GlobalTrade 47. #FinancialEconomics 48. #MarketVolatility 49. #EconomicModels 50. #InvestorInsights 51. #EconomicPredictions 52. #BusinessDevelopment 53. #EconomicFrameworks 54. #StrategicInvestments 55. #EconomicConsulting 56. #MarketForecast 57. #InvestmentAnalysis 58. #BusinessOutlook 59. #FinancialAnalysis 60. #EconomicConditions 61. #MarketInsights 62. #EconomicTrends 63. #StrategicEconomics

#European recycled steel exports dropped by 9pc annually between January and April, driven by an 11pc decline in exports to the region's top importer, #Turkey. Meanwhile, exports of recycled aluminium and copper rose by 36pc and 19pc, respectively, amid increased supply to key Asian markets like #India, #China, #Malaysia and #Thailand. Here's a detailed infographic of the #EU's recycled metals trade: #ferrous #nonferrous #steel #aluminium #aluminum #copper #recycledmetals

#Taiwan's imports of recycled steel dropped by 8pc annually in January-May. Imports of recycled aluminium dropped 21pc but that of recycled copper increased by 3pc in the reviewed period, driven by higher volumes from suppliers like #China, #US and #Malaysia. #ferrous #nonferrous #recycledcopper #recycledaluminum #aluminium #recycledsteel #steel #aluminum #copper

Turkey's (Turkiye's) imports of recycled steel grew by 35pc in January and February, though its non-ferrous imports declined, with recycled aluminum witnessing a drop of 16pc. The country's recovered paper imports witnessed a 36pc increase. See the details of top exporters to the region in this infographic. #recycledmaterials #steel #steelproduction #ferrous #nonferrous #steelmaking #steelindustry #ferrousscrap #scrapmetal #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #Europe #Netherlands #USA #UK #Asia

𝗝𝗮𝗽𝗮𝗻’𝘀 𝗿𝗲𝗰𝘆𝗰𝗹𝗲𝗱 𝗮𝗹𝘂𝗺𝗶𝗻𝗶𝘂𝗺 𝗲𝘅𝗽𝗼𝗿𝘁𝘀 𝗿𝗼𝘀𝗲 𝗯𝘆 𝟲𝗽𝗰 to 419,617mt in Jan-Nov 2023 from 397,010mt in the prior year. China leads the import volumes with a year-over-year increase of 8pc. #recycledmaterials #nonferrous #scrapmetal #aluminium #aluminum #aluminumindustry #aluminiumindustry #Asia #China #Japan

Here are the top stories from today's Asia edition: India: Recycled zinc, alloys rise on higher LME The indexes for India’s recycled zinc rose on Monday, supported by higher zinc prices on the LME from a week ago and following the rise in local zinc ingot prices. Read Saksham Sharma’s commentary for an in-depth analysis of the recycled zinc market in India. https://lnkd.in/eKGD7UPE India initiates AD probe into Vietnamese steel India has launched an anti-dumping (AD) investigation into the imports of hot-rolled flat steel products from Vietnam, encompassing both alloyed and non-alloyed types. Arjun Pillai also breaks down figures relating to the recent surge in Vietnam’s steel exports to India. https://lnkd.in/eGP2Reyv Nalco on track to reach 470,000mt annual output National Aluminium Company (Nalco) has achieved 97pc of its annualized aluminium production target for FY2025 as of Aug 16. Beethika Biswas also reports on the company’s Angul aluminium smelter, which is operating with 940 out of 960 pots running daily. https://lnkd.in/ejawTqSc #recycledmaterials #steel #steelproduction #ferrous #nonferrous #steelmaking #steelindustry #ferrousscrap #scrapmetal #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #Asia #India #China #USA #UK

Here are the top stories from today's Asia edition: India: Recycled Cu prices rise with LME Copper The weekly #DavisIndex for copper armature wire (Barley) and sheet cutting (Candy) increased by Rs13,000/mt del India consumer. Read Shilpika Bajpai's commentary for an analysis of domestic recycled copper market trends. https://lnkd.in/dW8EZV5y China's steel imports fall 8pc in Jan-Feb 2024 China imported 1.13mn mt of steel products in January-February 2024, a decline of 8pc from the prior year period. Aditya Sinha breaks down China's Customs data on the iron and steel trade in this story. https://lnkd.in/d3ePUggu Gravita Tanzania lifts battery recycling capacity Jaipur-based recycling company Gravita India has expanded its capacity in Tanzania. Sandeep Goyal reports on the company's plans to increase its global battery recycling volumes. https://lnkd.in/dZkyANW5 #recycledmaterials #steel #steelproduction #ferrous #nonferrous #steelmaking #steelindustry #ferrousscrap #scrapmetal #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #batteries #batterymetals #batteryrecycling #batterymaterials #batteryproduction #Asia #India #China #USA #UK #UAE #Tanzania

Here are the top stories from today's Asia edition: India: Shredded hits 4 year’s low, sellers hold India’s imported containerised recycled steel prices trended mostly flat on Friday amid persistent mismatches of offers versus bids. Read Kedar Joshi's commentary for an in-depth analysis of the imported recycled steel market in India. https://lnkd.in/gk8wZGrz   ElvalHalcor raises aluminium sales by 6pc in H1 Greece-based ElvalHalcor Hellenic Copper and Aluminium Industry reported a 2.7pc increase in total sales in H1 2024 (January-June), to 297,000mt from 289,000mt in the same period of 2023. Beethika Biswas also elaborates on the company’s aluminium and copper sales volumes separately in the reviewed six months. https://lnkd.in/gcvMuZEs   RINL shuts blast furnace-3 effective Sep 12 India’s state-owned Rashtriya Ispat Nigam (Vizag Steel) has shut down its blast furnace-3 effective Sep 12 due to the lack of raw material availability, primarily coking coal. Sandeep Goyal also reports on the steelmaker’s plan to gradually raise output to around 6,000-7,000mt of hot metal as coal availability improves. https://lnkd.in/g3fc_xdz   #recycledmaterials #steel #steelproduction #ferrous #nonferrous #steelmaking #steelindustry #ferrousscrap #scrapmetal #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #Asia #India #China #USA #UK

Here are the top stories from today's Asia edition: India: Recycled SS prices rise, outlook positive India’s recycled stainless steel prices rose on Tuesday for highly traded grades such as 304 and 316. Read Saksham Sharma's commentary for an in-depth analysis of the recycled stainless steel market in India. https://lnkd.in/gwZuJfwJ   SAIL's crude steel output up 5pc in FY2024 Steel Authority of India's (SAIL) crude steel production increased by 1.4pc to 5.02mn mt in Q4 FY2024 (Jan-Mar 2024) from the prior year period and increased by 6pc from Q3 FY2024. Sandeep Goyal details about the company’s crude steel production and sales guidance. https://lnkd.in/gBD62mMq   India's Al demand to rise 7-9pc in FY25: CRISIL Indian domestic aluminium demand rose approximately 10pc in the past two fiscals and is likely to rise 7-9pc in FY2025, driven by automotive, power and construction segments. Beethika Biswas reports on the country’s aluminum demand outlook in the near term. https://lnkd.in/gq2K_RcB   #recycledmaterials #steel #steelproduction #ferrous #nonferrous #steelmaking #steelindustry #ferrousscrap #scrapmetal #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #Asia #India #China #USA #UK

Here are the top stories from today's Asia edition: India: Domestic HMS prices down in Mandi, Mumbai Indian domestic recycled steel prices trended downwards on Monday in the North and West on account of falling finished steel prices. Read Rashi Shejwalkar’s commentary for an in-depth analysis of the domestic recycled steel market in India. https://lnkd.in/gJw_m7ih Ma’aden’s aluminium output and sales up in H1 Saudi Arabia’s Ma’aden reported higher aluminium production and sales in H1 FY2024 (January-June). However, the company saw a slight decline in output in Q2 sequentially, while sales remained flat. Beethika Biswas also reports on the miner’s sales and production of aluminium flat rolled products in H1 and Q2. https://lnkd.in/gtmveBrR BSP achieves record steel output in April-July Sail-Bhilai Steel Plant (BSP) recorded the highest saleable steel production of 1.73mn mt so far in FY2025 (April-July 2024), surpassing the previous best of 1.68mn mt in FY2024. Sandeep Goyal also reports on the miner's output volume of finished steel, long rails, bar and rods. https://lnkd.in/gAmKaQb7 #recycledmaterials #steel #steelproduction #ferrous #nonferrous #steelmaking #steelindustry #ferrousscrap #scrapmetal #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #Asia #India #China #USA #UK