The outlook for pig iron exports from the Commonwealth of Independent States has been hurt by continued weakness in iron ore pricing, bearish scrap sentiment and Ramadan-related slowdown in Turkish demand, local sources said Friday. ...
Tags: Pig Iron, Ramadan-related slowdown
In the week from May 19 to May 25, on the Orbis Steel Index the Turkish scrap index moved down slightly, while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
Ukrainian miner and steel producer Metinvest Group has announced that the situation in the city of Mariupol has been fully stabilized, with public order having been restored and government buildings liberated. The city is located in ...
Tags: miner, steel producer, Metinvest Group
In the week from April 21 to April 27, on the Orbis Steel Index the Turkish scrap index continued to decrease, while the US (East Coast) HMS I/II scrap export index switched to sideways movement. In the given week, the Turkish rebar index ...
Tags: Steel, Construction, Metallurgy, Mineral
Ukraine's natural gas output in March fell 5.6% year-on-year to 1.68 billion cubic meters, from 1.78 Bcm in March 2013, an energy and coal industry ministry official said Wednesday, citing preliminary figures. Production fell after the ...
Tags: natural gas, gas production
Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...
Tags: Low-sulfur crude, refinery, crude
Expedited regulatory approval of proposed US liquefied natural gas export terminals would not lead to their immediate construction nor to near-term deliveries of US gas into Europe, panelists at a Senate hearing said Tuesday. Several US ...
Sentiment in the Turkish steel scrap import market remained strong Tuesday, but prices slipped modestly on a the back of a cheaper deal. A European merchant sold 40,000 mt of Heavy Melting Scrap I and HMS I/II to a medium-sized Turkish ...
The oil complex settled sharply higher Monday as a Russian military intervention in the Ukraine heightened concerns over global oil supplies from Russia -- one of the top oil producers in the world. NYMEX April crude settled $2.33 higher ...
Tags: Oil Futures, Oil
Soybeans were higher on commercial and technical buying. USDA’s outlook forum projects soybean planting at 79.5 million acres, less than what many private firms were expecting, so it looks like beans are trying to buy some acreage. ...
The exports of fabric and garments from southeastern European country of Bulgaria increased by 8.5 percent year-on-year to a record-high of €1.8 billion last year, reports Sofia News Agency. According to the report, there was an ...
Russia-based pipe producing company United Metallurgical Company (OMK) has informed that it has won a tender for the supply of pipes for the construction of the first phase of the offshore section of the South Stream main pipeline. ...
Soybeans were lower on fund and technical selling. The near term supply remains tight and demand continues to look strong, keeping the fundamentals pretty much bullish. Past that – there's acreage position squaring against corn and ...
FOB values for Black Sea and Mediterranean crudes have continued to rebound after hitting more than two-year lows early in the new year. On Monday, Aframax FOB Supsa Azeri Light cargoes were assessed at a $2.295/b premium to the BTC Brent ...
Tags: Freight Drops, Chemicals
Soybeans were higher on commercial and fund buying. Weekly export numbers were strong, USDA will probably increase their estimate next week, and there are concerns about weather in key growing areas of South America. There’s been more ...
Tags: Soybeans Futures, wheat