A series of iron ore projects may be affected as a result of the low prices the market has seen for the product, according to media reports. Last week, the product reached $83.60/mt in the Chinese spot market, and from the beginning of ...
Tags: Iron Ore, Chinese spot market
AK Steel announced Wednesday that for the third quarter of 2014, the company expects shipments of approximately 1,350,000 tons, a decrease of approximately 3 percent from the 1,398,000 tons shipped in the second quarter of 2014. Shipments ...
Tags: AK Steel, Metallurgy
As of August 18, inventory of iron ore at 33 major Chinese ports amounted to 108.8 million mt, down 0.47 million mt or 0.43 percent compared to the inventory level recorded on August 11, as announced by China's Xinhua News Agency on August ...
Tags: Chinese Ports, Down, Mineral
Global DRAM module sales totaled US$7.3 billion in 2013, up 32% from US$5.5 billion a year earlier, buoyed by rising standard DRAM chip prices, a booming spot market, and rising ratio of contract sales, according to DRAMeXchange. The ...
Tags: DRAM, Electrical, Electronics
As of August 11, inventory of iron ore at 33 major Chinese ports amounted to 109.27 million mt, down 1.72 million mt or 1.54 percent compared to the inventory level recorded on August 4 , as announced by China's Xinhua News Agency on August ...
Tags: Iron Ore, Chinese Ports, Mineral
Impacted by the US-China trade war, PV cell manufacturers’ utilization rates continued to drop in June, and thus affected manufacturers’ sales performances, according to EnergyTrend, a subsidiary of Taiwan-based market ...
Tags: PV cell, Solar Cell
China's largest coal producer Shenhua Group is trying to persuade traders and utilities to buy more coal in a bid to reduce inventories at ports as relatively high stocks at utilities and robust hydropower production continue to weigh on ...
Tags: Coal Stocks, China's Shenhua
More than half of Asia's gas needs will be supplied by LNG by 2030, Santos Ltd CEO David Knox said Thursday, adding that this will provide the Australian LNG exporter opportunities to grow. Speaking from the Brisbane Mining Club, Knox ...
Tags: Gas, Chemicals, Metallurgy, Mineral, Energy
More toluene contracts for June in Northwest Europe have been agreed at a range of $1,111-1,115/mt FOB NWE, according to three consumers. The settlements represent a small decrease from the previous month's settlements of ...
Tags: Toluene, gasoline market
Asian paraxylene buyers placed their counterbids for June at $1,150-1,170/mt CFR, more than $100/mt lower than nominations for the Asian contract price, sources close to the negotiations said Thursday. There are four PX ACP sellers in ...
Tags: paraxylene, oil
The European premium of ETBE over MTBE -- two gasoline components -- hit a two-and-a-half-year high of $166/mt Tuesday, as imports from Brazil fell, according to market sources. Platts assessed ETBE barges for spot delivery at $1,277/mt ...
Tags: gasoline, spot market
European ultra low sulfur diesel premiums to the front-month ICE gasoil futures contract hit their weakest level in over four months Friday as large volumes flooded the region from the Americas and the Baltic. Northwest European cargo ...
Tags: low sulfur diesel, gasoil futures
China-based polysilicon and solar wafer maker LDK Solar has obtained syndicated loans of CNY2 billion (US$321 million) from 11 local banks to ease its financial troubles, according to a report. State-run China Development Bank arranged ...
Tags: polysilicon, solar wafer
The recently announced 400 billion-dollar gas deal between Russia and China will not affect gas deliveries to the EU, the International Energy Agency (IEA) said Thursday. "The gas that has been determined for export to China would have ...
Tags: EU Supplies, Gas
Miner Rio Tinto is to change the basis for the iron ore lump premium in its quarterly iron ore term contracts with Chinese mills to one based on a monthly average of weekly Platts spot lump assessments, from a fixed premium level set on a ...