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Thank you to this month's sponsor:
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The monthly e-newsletter exclusively for CBSCA members keeps you informed about CBSCA events, association updates, member news, industry happenings and more. Do you have a facility opening or are you hiring a new employee? Send us your company's news announcements and press releases for added exposure to CBSCA members. It's free publicity!
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The Copper and Brass Supply Chain Association
Susan Avery
CBSCA Executive Director
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I also want to extend my sincerest congratulations to all nine recipients of the CBSCA Scholarship Program. This upcoming generation has so much potential and opportunity in the red metals industry. I am eager to see where their education takes them and how they will contribute.
I want to thank each one of you for your continued support and dedication to the industry. We are excited for what the future holds for CBSCA and grateful to have you as a member during this exciting time.
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The association is excited to announce that the official website of the Copper and Brass Supply Chain Association is live. It is encouraged to go see the incredible new layout and accessibility features this platform provides, as well as more information about the future of the association.
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Register for the 2022 Red Metals Summit in Boston, MA
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- Two full days of programming
- Industry experts addressing timely topics
- Valuable takeaways you can use immediately
- An easy-to-access location in a convenient city center
- An opportunity to network with your peers during a dinner event
At the CBSCA Red Metals Summit, we will roll up our sleeves and tackle tough issues. Join us at this important event to find solutions for leading your business through these difficult times.
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Congratulations to the 2022 CBSCA Scholarship Recipients
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The Copper and Brass Supply Chain Association (CBSCA) is pleased to award a 2022 CBSCA Scholarship to the following students:
- Alexandra Allers, daughter of Corwin Allers, an employee of Mueller Brass Industries.
- Gabrielle Allers, daughter of Corwin Allers, an employee of Mueller Brass Industries.
- Grace Brunell, daughter of Anthony Brunell, an employee of Materion Corporation.
- Bryce Cinotto, son of Amanda Perez, an employee of Alro Steel.
- Keiarra Collins, daughter of Jinson Collins, an employee of Revere Copper Products, Inc.
- Adam Hudy, son of Scott Hudy, an employee of Mueller Brass Industries.
- Reese Novess, daughter of James Novess, an employee of Alro Steel.
- Mishiella Pinder, daughter of Martin Pinder, an employee of Cambridge-Lee Industries, LLC.
- Elizabeth Wieland, daughter of Caleb Wieland, an employee of Mueller Brass Industries.
CBSCA member company employees, children of member company employees and students enrolled in an undergraduate industrial distribution degree program are eligible to apply for the CBSCA scholarship.
The CBSCA Educational Foundation was established to develop and administer the annual scholarship program at the undergraduate level to promote studies in fields helpful to copper and brass and/or industrial distribution.
Through the CBSCA Educational Foundation, CBSCA offers annual scholarships to:
- Employees of CBSCA member companies
- Children of employees of CBSCA member companies
- Students enrolled in an undergraduate industrial distribution degree program
Congratulations to this year's recipients!
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The Latest Copper, Nickel and Zinc Global Market Research Report is here
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Report Highlights:
- The global copper, nickel, lead, and zinc market is expected to grow from $191.06 billion in 2021 to $221.07 billion in 2022 at a compound annual growth rate (CAGR) of 15.7%. The copper, nickel, lead and zinc market is expected to grow to $394.44 billion in 2026 at a CAGR of 15.6%.
- The use of autonomous hauling systems trucks in the mining industry is significantly enhancing production efficiency and reducing turnaround time. Autonomous haulage systems control and track mining vehicle movements, coordinates and autonomously drives off-highway haul trucks operating in a mine. This system increases efficiency by minimizing delays, reducing operating costs and reducing fuel consumption, thereby minimizing carbon emissions. For example, RioTinto has already implemented AHS in their mines and has reported a 13% reduction in load and haul operating costs from the automated fleet.
- Major companies in the copper, nickel, lead, and zinc market include Corporacion Nacional del Cobre de Chile, BHP Group, Glencore International, Jiangxi Copper Company, Anglo American plc, Southern Copper Corp, Vedanta Resources Limited, Teck Resources Ltd, Votorantim S.A and MMC Norilsk Nickel PJSC.
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NAW Blog: Dealing with Stockouts and How AI Can Help
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According to Gartner, 68% of supply chain executives responded to one high-impact disruption after the next for the past several years, including limited stock due to struggles with availability and lagging delivery of raw materials. Shipping containers are spending roughly 20% more time in transit than before the pandemic and subsequent supply chain disruptions. The lack of availability of products has permeated every industry, especially industrial distribution.
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Pricing and the Golden Rule
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Inflation feels like a new threat to the economy, but in reality it is an old ghost from the past. Dealing with inflation as business managers is about protecting profit margins, maintaining vendor and customer communication and relationships, and, in today’s tight labor market, making sure your employees are properly compensated. This is a period when a well-thought-out, competitive-advantage-based pricing strategy is imperative.
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© 2022 Copper and Brass Supply Chain Association. All Rights Reserved.
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