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Wire Journal News

The Wire & Cable Manufacturers Alliance, Inc., (WCMA) announced the latest winners of its Distinguished Career Award and updated changes in the organization.

A press release said that the recipients of the 2018 Distinguished Career Award, will be honored April 7 at the 34rd annual Awards Dinner and Investiture Ceremony at the Hartford Convention Center. They include the following people: Rick Antic, vice president business development, Champlain Cable Corp.; Melissa Delargy, vice president operations, Quabbin Wire & Cable; Harvey McDowell, Division VP, strategic business leader, Berk-Tek Nexans; David Nestigen, chairman/CEO, IEWC Corp.; Steve Ruth, senior vice president, Freeport McMoRan Sales Inc.; Sheldon Scott, president and CEO, Whitney Blake Co.; and Art Yaroch, president, industrial cable group, Belden (retired).

WCMA also reported the following organizational changes. The Alliance’s new president is Robert Canny, president of TE Wire & Cable, who succeeds Tom J. Rosen, Wire & Cable Consulting, LLC, who is Past President. Other officers include WCMA Vice President Michael Weiss, president, Whitmor Wirenetics, and WCMA Treasurer Scott Harden.

WCMA welcomed two new board members: Susan Welsh, president and CEO of Rubadue Wire; and Virginia Hauser, vice president, Freeport McMoran Sales. It also thanked two exiting board members: Dennis Chalk, president, Marmon Engineering Wire & Cable; and James George, Global Business Manager, Chase Corp.

Continuing board members include Bill Reichert, president, Champlain Cable Corp.; Gary Stanitis, vice president sales, Daikin USA; Daniel DeLisle, VP/GM Mexichem Specialty Compounds; Ron Reed, president, Lloyd & Bouvier; and Paul Gemelli, executive vice president, Gem Gravure Co.

For more information on the April 7 awards dinner or the WCMA, go to www.wcmainc.org.
The U.S. Department of Commerce (DoC) has set final anti-dumping (AD) duties for the import of carbon and alloy steel wire rod originating from Ukraine and South Africa.

A DoC press release said exporters from South Africa and Ukraine sold wire rod in the U.S. at 135.46 to 142.26%, and 34.98 to 44.03% less than fair value, respectively. As a result, DoC will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of wire rod from South Africa, and Ukraine based on these final rates.

In 2016, imports of carbon and alloy steel wire rod from South Africa and Ukraine were valued at an estimated $7.1 million and $55 million, respectively. In 2016, exports of carbon and alloy steel wire rod from Ukraine to the United States more than doubled in physical terms compared to 2015, to 146,470 tonnes and grew by 70.9% in monetary terms, to $55.02 million. Shipments from South Africa, on the contrary, more than halved in physical terms, to 20,000 metric tons and decreased by 58.3% in monetary terms, to $7.05 million.

The petitioners in the case were Gerdau Ameristeel US Inc. (FL), Nucor Corporation (NC), Keystone Consolidated Industries (TX), and Charter Steel (WI).

If the U.S. International Trade Commission (ITC) makes affirmative final injury determinations, DoC will issue AD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.

"While the United States values its relationship with South Africa and Ukraine even our closest friends must play by the rules," said U.S. Secretary of Commerce Wilbur Ross.
Wire and Plastic Machinery Corporation reports that it has been chosen by The Marmon Group to liquidate the assets of the closed Aetna Insulated Wire plant in Virginia Beach, Virginia.

A press release said that some inventory highlights include: three Davis Standard CCV lines; four Davis Standard extrusion lines, three Bartell BX-armoring lines, two planetary cablers, two rigid stranders, a Haefely Trench 1000 KVA Hi Voltage tester and a 13-die Bekaert rod breakdown line. An assortment of test equipment, payoffs, take-ups, curing ovens, rewind lines and reels is also available.

All equipment is being sold "as is, where is." WPMC will make arrangements as needed for onsite viewing of all equipment. For more details, e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call the company at tel. 860-583-4646.
Wire and Plastic Machinery Corporation reports that it has been chosen by The Marmon Group to liquidate the assets of the closed Aetna Insulated Wire plant in Virginia Beach, Virginia.

A press release said that some inventory highlights include: three Davis Standard CCV lines; four Davis Standard extrusion lines, three Bartell BX-armoring lines, two planetary cablers, two rigid stranders, a Haefely Trench 1000 KVA Hi Voltage tester and a 13-die Bekaert rod breakdown line. An assortment of test equipment, payoffs, take-ups, curing ovens, rewind lines and reels is also available.

All equipment is being sold "as is, where is." WPMC will make arrangements as needed for onsite viewing of all equipment. For more details, e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call the company at tel. 860-583-4646.
Reliance Communications (RCom) announced plans to lay a 68,000-km undersea cable, estimated to cost $600 million, to carry data across Europe and Asia. 

Per multiple media reports, the system, which will connect its base in India with Italy to the West and Hong Kong on the East, is expected to treble the revenues in five years for its wholly-owned subsidiary Global Cloud Exchange, which is laying the cable. The cable, projected to be operational by the third quarter of 2020, will have  revenue potential of $1 billion per year, RCom Chief Executive Bill Barney told reporters.

The new cable, which was described as being able to reach more than “75% cent of the youth in the globe,”  will increase RCom’s capacity tenfold. The financing will come from partners, which at this point number six, including Alibaba, that account for $300 million. The investor fold could increase to as many as 30. Barney said that RCom expects to get over $700 million through such pre-sales as against the cost of $600 million.

The reports that RCom, saddled by debt, has struggled in recent years, recently exited its consumer-facing wireless business to focus on the enterprise segment.

Barney said the company expects a spurt in IT and telecom activity in the country over the next five to ten years, due to which it is betting on the cable business.
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