The China Association of Metalscrap Utilization has been lobbying the central government to lower the 17% tax on steel scrap sales to help increase its utilization in steelmaking, CAMU Secretary General Li Shubin said at the 7th China ...
Tags: Steel Scrap, Metal, Mineral
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis slipped for a second consecutive week, dampened by persistently weak physical buying interest during the current summer lull, market ...
Tags: Metal, Copper, Metallurgy
Shareholders of Yageo have approved the company’s plans to reduce its capital by NT$15.4 billion (US$514 million) or 70% to NT$6.6 billion. Shareholders will receive NT$7 for each share. Yageo is expected to see its earnings and EPS ...
Tags: Yageo, Electrical, Electronics
Chinese electrolytic manganese metal prices rose this week on tightening supplies in the market, sources said Thursday. Major electrolytic manganese metal producers in China have kept their run rates lower due to continued maintenance ...
Tags: manganese metal, metal producers, steel
Ukrainian mining and steel producing group Metinvest was forced to cut production volumes, due to the complicated situation in the market, SteelOrbis has heard. Metinvest will slow down all new orders and focus on fulfillment of earlier ...
Tags: Metallurgy, Mineral, Energy, Steel
Prices in China's domestic thermal coal market slumped dramatically in Monday's Asian trading session as the effect of Shenhua's cut to its thermal coal prices late last week and depressed buying interest among Chinese power plants took a ...
Tags: Thermal Coal, Coal Prices, coal
Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal, market sources said Tuesday. Because of this, buyers and ...
Tags: Thermal coal, Domestic Cargoes
The over-the-counter price for 8,800 Btu/lb Powder River Basin coal dipped again Monday, as rail issues overhang the Western market. Mines in BNSF Railway's service area, in the northern reach of the basin, are having trouble guaranteeing ...
Tags: physical market, Western market
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
US chlor-alkali facilities operated at 86% capacity in May, according to data released Friday by the Chlorine Institute, the highest effective operating rate since the 87% seen in May 2013. May 2014's operating rate represented a ...
Tags: Chlor-Alkali, liquid sodium
Northwest European dioctyl phthalate (DOP) spot prices have fallen below feedstock 2-ethylhexanol (2-EH) prices for the first time since January 19, 2012, according to Platts data. DOP spot prices were assessed at Eur1,360/mt FD NWE on ...
Tags: dioctyl phthalate, DOP
The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...
European ethylene hit a 2014 high of Eur1,015/mt ($1375/mt) FD NWE Friday, up Eur45/mt on the week, Platts data showed, on the back of reduced availability and an increase in feedstock prices. Naphtha hit a 2014 high of $959/mt CIF NWE ...
Tags: Ethylene, Ethylene prices
Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...
Tags: steel rebar, ore prices
US spot mixed xylene was assessed at $3.96/gallon ($1,199.88/mt) FOB US Gulf Coast for June, a near-seven-month high, as buyers sought to buy product in a tightly supplied market, sources said. US mixed xylene pricing was last seen above ...
Tags: mixed xylene, xylene prices