Prices for hot-rolled and cold-rolled coil in the US are expected to bottom out by the end of the year, sources said Tuesday. Platts maintained its daily HRC and CRC assessments at $360-$370/st and $490-$500/st, respectively. Both prices ...
Tags: hot-rolled coil, cold-rolled coil
Wood pulp and paper maker Sappi has completed the sale of its Cape Kraft Mill in Cape Town, South Africa to the Golden Era Group. The move comes on the heels of Enstra Mill's sale earlier this month. The sale of Cape Kraft Mill and ...
Tags: Sappi, Cape Kraft Mill, paper
The amount of sugarcane crushed in Brazil's Parana state in the first 15 days of November was down 31% year on year to 1.61 million mt, the Bioenergy Producers Association of Parana (Alcopar) said. Parana is one of the sugarcane producing ...
RED RME production margins in Northwest Europe remain in negative territory as the premium fell to a one-month low Monday, while feedstock prices in Europe remain strong on low availability. The differential between outright RME and ...
Tags: RED RME, rapeseed oil, oil
Brazilian hydrous fuel ethanol demand in October rose 45% year on year to 1.75 billion liters, the fourth monthly consumption record in a row, according to data released by the National Petroleum Agency, or ANP. October's total was also 7% ...
Tags: hydrous ethanol, hydrous fuel, gasoline
Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...
Tags: Seaborne iron ore, steel, ore
Turkish export ferrous scrap saw a small decrease on Tuesday as a quiet market pressured against steady offer levels. Merchants this week have placed offers solidly at $195/mt, though no trades or counteroffers have been heard. "There ...
Tags: ferrous scrap, Mills
US-based packaged foods company ConAgra Foods plans to split the company into two independent public companies – with one handling the consumer portfolio of various brands and the other managing its foodservice portfolio of frozen ...
Tags: ConAgra, potato, appetizer vegetable
Americk Packaging has expanded its business with the acquisition of British labels and flexible printer Adare Advantage for an undisclosed amount. Adare Advantage, now branded Americk Advantage, employs 110 production, sales and office ...
As the first true free-range egg producer to be American Humane Certified, the happy egg has joined American Humane Association in a Congressional Briefing on "The Humane Heartland: A Celebration of the Humane Treatment of Farm Animals." ...
Tags: Happy Egg, free-range egg
US-based agribusiness Archer Daniels Midland Company (ADM) has opened two manufacturing plants in China in order to increase its capacity to meet the growing demand in the country for value added food ingredients and animal nutrition ...
Tags: ADM, Animal Feed, premix products
South African food firm Tiger Brands has withdrawn its financial support to its Nigerian arm Dangote Flour Mills (DFM), after it launched a review of its investment in the pasta and flour maker, which is struggling with losses. Tiger ...
Tags: pasta, flour, Flour Mills
The U.S. Consumer Product Safety Commission in conjunction with Canada have recalled more than 1.62 million fluorescent lights made by Cooper Lighting over fire safety hazards. Cooper Lighting decorative wrap. (Cooper ...
German engineering firm Voith has commissioned PM 53 paper machine at Holmen Paper's mill in Braviken, Sweden. The PM 53 is capable of producing a variety of paper grades ranging from newsprint to sophisticated SC papers, including the ...
Tags: Voith, PM 53 Paper Machine, Graphic papers
Valmet commissioned new OptiCoat Layer curtain coater with supply system and a new OptiCoat blade coater at board machine 3 (BM 3) at Mayr-Melnhof's facility in Kolicevo, Slovenia. The OptiCoat Layer is a multilayer curtain coater that ...