Mexican steel manufacturer Simec Group reported a 34 percent decrease in its operating income in the first quarter, due to higher cost of sales. In its report submitted to the Mexican Stock Exchange (BMV ), the company, which counts ...
Spot trade of 226, the main aluminum alloy grade, was slow this week, with consumers wary of higher prices, and partly because of the shorter working week. A number of producers have pushed offers of 226 ingot up to around Eur1,700/mt ...
Tags: Aluminum Alloy, spot market
The thermal coal Panamax freight market on Thursday lost some of the last week's bullishness as firm cargoes eluded the market, sources said Thursday. The coal freight market from Indonesia to India was quiet, market sources said, with ...
Tags: Thermal Coal, coal freight rate
The US steel sheet market was relatively quiet on Friday because many were out of the office before the Easter holiday, though one top-tier mill indicated it would be pushing higher prices after the weekend. The top-tier mill plans to ...
Tags: steel sheet, top-tier mill
According to the data released by the Japan Ship Exporters' Association (JSEA), Japanese new ship export orders in March this year decreased by 4.55 percent on tonnage basis compared to February, amounting to 47 ships, unchanged from ...
Tags: Japanese shipbuilders, ship export
Foton on Wednesday announced that, recently, the joint venture Beijing Foton Cummins Engine Co., Ltd. with 50% of its share signed the "Euro VI Engine Development Contract" with America Cummins. Leaders from Foton Auto and American ...
Tags: truck, car, vehicle, Transportation
Cargill today reported net earnings of $319 million in the fiscal 2014 third quarter ended Feb. 28, down 28 percent from $445 million in the year-ago period. Nine-month earnings were $1.45 billion, down 21 percent from $1.83 billion a year ...
Tags: Cargill, corn shipments
Mark Birrell will succeed Sir Rod Eddington as the new chairman of Infrastructure Australia. Upon his term's expiry on 8 April 2014, Sir Rod has been side-shifted to the APEC Business Advisory Council at the request of the Prime Minister. ...
US ferrous scrap pricing trended lower on Thursday, the fourth day of the traditional US buy week as strong Ohio Valley pricing did not have a ripple effect into other markets. Mills outside the Ohio Valley region were able to remain on ...
Tags: Metallurgy, Mineral, ferrous scrap
Based on the Commerce Department's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of March total 3,485,000 ...
Tags: Steel, Metallurgy, Mineral
Freight rates for grain runs from South America to the Far East declined on Friday amid low Chinese soybeans demand, oversupply of tonnage and generally bearish sentiment in the Atlantic market. Grain runs basis 60,000 mt on the ...
Tags: grain, soybeans, Chinese demand
Canadian railways carried 25.3 million metric tons of freight in January, down 2.7 percent from the same month last year. The drop in shipments occurred despite the strong growth in traffic received from the United States. Non-intermodal ...
Tags: Iron Ore, Canadian Rail Tonnage
MHI receives order for very large LPG carrier from Astomos Energy, identical to ship type ordered late last year Wednesday, Mar 26, 2014 Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a ...
Tags: LPG Carrier, MHI, Ship Type
According to the data released by the Japan Ship Exporters'Association(JSEA),Japanese new ship export orders in February this year increased by 38.08 percent on tonnage basis compared to January,amounting to 47 ships compared to 26 ships ...
Tags: Japan, Ship Export, JSEA
According to the data released by the Japan Ship Exporters' Association (JSEA), Japanese new ship export orders in February this year increased by 38.08 percent on tonnage basis compared to January, amounting to 47 ships compared to 26 ...
Tags: ship export, carriers, tanker