TELF AG, a seasoned physical commodities trader, shares insights in their latest article, “TELF AG Base Metals Trends and Outlook in September 2023 – Copper and Nickel Face Challenges and Opportunities.” The article dives into the intricate market dynamics affecting copper and nickel, two pivotal base metals with widespread applications in industries such as construction and electric vehicles.

As of the first week of September, TELF AG reports that the copper contract is priced at $8,366 per tonne, marking a 5.3% decline since the beginning of August. The drop in copper prices can be attributed primarily to concerns about China’s economic recovery, which has cast a shadow of uncertainty over demand. However, the article anticipates seasonal strengthening for copper in the fourth quarter. Additionally, the possibility of further economic stimulus measures from China could introduce upside price potential.

The article also highlights an increase in copper inventories within China’s domestic bonded zones, with a rise of 1,700 MT to a total of 51,000 MT as of September 8. Reduced premiums in domestic spot markets and diminishing import profits have contributed to decreased shipments. Nevertheless, the article suggests that limited market capacity for additional shipments could lead to a modest growth in these inventories. Notably, China’s copper cathode production recorded a significant 6.8% month-on-month increase in August, accompanied by a 15.5% year-on-year growth, surpassing expectations and maintaining a robust production trend.

In terms of nickel, TELF AG reports an 8.7% price decline since the beginning of August. Factors contributing to this drop include oversupply from Indonesia, reduced demand for stainless steel, and a slowdown in electric vehicle sales. Despite the price decrease, Chinese refined nickel output experienced growth in August, reaching 21,800 MT, signifying a 0.93% month-on-month increase and an impressive 40.65% year-on-year rise. These figures suggest that nickel production is on track to reach 23,000 MT in September, indicating a continuation of the upward trend well into 2023.

In conclusion, the article underscores that copper and nickel markets are undergoing transformations, with macroeconomic factors from China playing a pivotal role. While both metals face pricing challenges, they also exhibit distinct strengths in terms of production and potential for future expansion.

As industry stakeholders approach the fourth quarter, the article offers valuable insights into how seasonality and other economic factors could shape the market landscape for these critical base metals. For a comprehensive analysis and further information, readers are encouraged to visit TELF AG’s official website.

For a more in-depth understanding of these narratives, readers are advised to refer to the full article. To access additional insights and content, please visit TELF AG’s Media Page.

With the surge in high-demand fields, many employers struggle to find trustworthy and competent candidates. Well, it’s a stressful and intimidating process for companies, as it is for aspiring job seekers. Believe it or not, it’s a challenge you shouldn’t face alone.

One of the best decisions to make today is to collaborate with staffing agencies. But do you know what a staffing agency is and what services it offers? How do you choose the best agency? 

Continue reading to learn more. 

Teaming Up with a Staffing Agency- Key Things to Know

A staffing agency, also widely recognized as a recruitment agency, acts as the link between companies and job seekers. It’s a third-party entity that helps companies find suitable candidates to fill specific job opportunities. These agencies’ key focus is to ensure qualified candidates walk into your business premises. 

The agency you choose will work diligently with your team from when target candidates are recruited to when they leave your premises. Recruitment is just the first step in hiring employees. So, you need to know what more the staffing agency has to offer. 

Other responsibilities of a reliable staffing agency include:

A good agency will understand your company’s culture and vet the right candidate. They will immediately decide who to interview, talk to the successful candidates, and support your team through onboarding. You’re good to go and hire the best candidate from their list. 

Finding the Best Staffing Agency- Be on the Know

Here are aspects to consider and select the best agency:

Location

Don’t hesitate to consider where the leading recruitment agencies are based. It’s rewarding to find an agency that gives staffing support near you. Consciously, it’s good to assume the company has access to the broadest network of skilled and experienced talents. 

Area of Specialization

The expertise and niche of the staffing agency are crucial. Check whether the services and talent pool the agency offers suit your needs. The agency must align with your long-term and immediate needs.

Technology and Recruitment Techniques

Innovations in technology provide practical ways to scrutinize, discover, and match top candidates with described job vacancies. It’s also smooth and easy for reliable agencies to select and contact potential candidates. Hence, modern recruitment tools have streamlined the hiring process. 

Reliability and Reputation

A license for operation means a company is eager to offer genuine services. It’s a critical element that speaks volumes about the reputation and reliability of a company. Trust a staffing agency with many years of operations and is in the good books of its large clientele base. Extensive market knowledge means the company can offer additional services that streamline recruitment.

Cost

You’ll not incur any losses or feel the financial burden if the agency is transparent and has no hidden costs. Invest in an agency that prioritizes quality candidates at a budget-friendly rate. 

Get Help Find the Best Staffing Agency

Partnering with a reliable staffing agency is a wise investment worth your time, effort, and money. A reputable agency will save time, provide a vast talent pool, help with the onboarding process, and guarantee flexibility. You may find it taxing and intimidating to pick the best agency but don’t stress. 

Shop around and seek help if stuck. Research is integral and will help scrutinize and compare the extensive pool of reliable agencies. Feel free to seek referrals and recommendations from friends, colleagues, and family members or consult experts in the industry. You’ll get firsthand evidence about the best staffing agency in the market and make wise decisions. 

Meetings are a great way to share ideas and keep your team on track. However, a lot of employees report meetings as their least favourite part of the day. Research has shown that only 50% of the time spent in meetings is actually productive and engaging. This means you’re losing valuable time that could be better spent working on projects. Without the right organisation and purpose, meetings can drag on too long and become generally ineffective.

It doesn’t have to be like that though. If you set up genuinely engaging and interesting meetings, your team will come out of it feeling more motivated and inspired. Not only that, but they’ll also be clearer on what needs to be done. Meetings can be an excellent tool in your leadership arsenal, but only when done correctly. In this article, you’ll learn some key tips for productive and successful work meetings.

The Meeting Room

All good meetings thrive on collaboration and the sharing of ideas. To hold a successful meeting, you first need to have the right space. A good meeting room will have suitable furniture and ample room for everyone to be seated and comfortable. How you set up the meeting room will depend on the type of meeting you’re holding.

Consider the layout of the room and the type of furniture you use based on the purpose of the meeting. The classic horseshoe desk design ensures everyone can see the main speaker clearly, but it’s not necessarily the best for collaboration. If you want an engaging discussion between everyone that attends, a roundtable-type layout may be a better choice.

Of course, not every office has a suitable space for holding meetings. It needs to be closed off from the rest of the building and should offer enough privacy to allow open discussion. If you don’t have a suitable room, you can search for meeting room hire London. There are lots of available options out there, all ideal for holding the perfect business meeting.

Set the Objectives

The whole point of a meeting should always be clarified before anyone even walks in the door. There’s no need for meetings that don’t have an objective, as they’re simply a waste of time. Whether it’s to update your team on a new software feature or to have a discussion about the direction of the project, make sure everyone is aware of the main objective.

Meetings can often be categorised as either routine or strategic, but it’s still important to set an objective no matter which type of meeting it is. Keep the objectives clear and concise, and if you can’t think of any, you likely don’t need a meeting. Consider whether or not the meeting would be better summarised as an email, and ensure you’re not wasting anyone’s time.

Schedule the Agenda

Keeping your meetings brief and to the point is the key to being engaging and productive. While there may be a lot of topics that need to be covered, you should always avoid going over the planned time. Your team has places to be and things to work on, and eating into their time will only cause them to lose productivity.

Write up an agenda for the meeting and ensure that each point is discussed within the allotted time. In general, they should never last longer than 60 minutes, but even that can be too long for a lot of things. Keep the session short and to the point, and reduce the number of things on the agenda if they’re not critically important. When taking feedback from your team, ensure that you don’t go over the time allocated.