Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in the first quarter of the current year decreased by 21 percent to 1.031 million mt compared to the same period last year. In the first ...
Tags: Crude Steel, mining, steel
On May 13, China's Ministry of Commerce (MOC) announced that during last week (May 5-11) the overall average finished steel price in China declined by 0.2 percent compared to the previous week. In the given week, the average prices of ...
According to the Lake Carriers’ Association, US-flag Great Lakes freighters (“lakers”) moved only 3.8 million tons of cargo in April, a decrease of nearly 50 percent compared to a year ago. Heavy ice, especially on Lake ...
Tags: Freight Shipments, Iron ore
Japanese steelmaker Kobe Steel has announced its plans to reline blast furnace No. 3 at its Kakogawa works in western Japan. The company will shut down the blast furnace from the end of September 2016 for a 90-day period to undertake the ...
Tags: Kobe Steel, steelmaker
Australian coal exploration company Stanmore Coal estimates that 40% of global seaborne-traded thermal coal production of roughly 800 million mt and 45% of internationally traded coking coal production of around 300 million mt is ...
Tags: coal exploration, thermal coal
Colombian coal exports in March fell to their lowest level in a year, at 3.331 million mt, down 18.1% from February, data from statistics agency DANE showed. The monthly export volume drop-off corresponded to a ban imposed in January on ...
Tags: Coal Exports, thermal coal
Indonesian thermal coal prices were stable to higher on Monday with very few deals reported as the market awaits direction from India after the end of its month-long elections later this week, sources said. "Prices have been more or less ...
Tags: Thermal Coal, Indian demand
South Korea will seek to import more shale gas-based LNG from North America to meet rising power demand amid tighter environmental regulations, the deputy energy minister told Platts Friday. "Natural gas as a source of power generation ...
Tags: Shale Gasc, LNG
Spain's six LNG terminals reloaded 8.39 TWh of LNG onto nine tankers in April, a 277% year-on-year increase, data published Friday by gas grid operator Enagas showed. Spain's six LNG terminals also unloaded a total of 24 tankers with 17.4 ...
Tags: LNG, LNG terminals
The Association of American Railroads (AAR) reported Thursday increased US rail traffic for April 2014, with both carload and intermodal volume increasing compared with April 2013. Intermodal traffic in April totaled 1,316,176 containers ...
Tags: Metal Ore Volume, Railroads
India imported around 15.86 million mt of coal at 24 major ports in April, up 6.45% from March, according to data released Wednesday by Indian ship broker Interocean. The April imports consisted of 12.3 million mt of thermal coal, up ...
Tags: thermal coal, April imports
Weekly US coal carloads for the week ending May 3 continue to improve, notching their eight consecutive week of year-over-year growth, the Association of American Railroads reported Thursday. Coal carloads totaled 112,361, down 0.8% from ...
Tags: Coal, Coal carloads
Shale gas regulations should be streamlined and the government should lend its weight to industry attempts at producing gas through hydraulic fracturing, the Economic Affairs Committee of the UK's upper house of parliament said. Launching ...
Tags: Shale gas, Energy security
China has raised its target to close outdated steel smelting capacity to 28.7 million tons in 2014, the industry ministry said on Thursday, as it tries to rein in inefficient and polluting industries. The figure is above the 27 million ...
Tags: Steel Capacity, Iron Steel
In the first quarter this year, Russia's ferrous metal export volume increased by 44.3 percent year on year, according to the State Statistics Committee of Russia (Russtat). In terms of value, the exports rose by 32.6 percent year on year. ...
Tags: Ferrous Metal, semi-finished goods