Monday, June 2, 2008

Jamnagar Brass parts industry in clutches of a slow down

The Brass parts industry of Jamnagar is in the throes of trouble facing acute slow down with most of the European and American markets also going soft.

The manufacturing of parts like Brass fasteners Brass turned parts brass anchors Brass machined components hose barbs neutral links Brass terminals Brass moulding inserts Brass PPR fittings Brass anchor fasteners Brass casting Brass pipe fittings Brass bathroom CPVC fittings Brass neutral bars earth bars Brass plug socket pins hose nipples nozzles conduit fittings electrical accessories cable glands etc is facing serious slow down if markets of Europe and US do not improve in next quarter.

The volatility in Brass prices /LME copper prices have not helped Jamnagar manufacturers and exporters either. Most of the small time manufacturers have taken huge hits during price fluctuation of raw materials.

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