US sheet steel prices appear to be headed higher as both buyers and sellers report solid discipline among producers. While several buyers said they are seeing stable prices, one service center source said he's been able to raise prices to ...
Tags: Steel Sheet, steel, Construction
Offers for China's domestic spot aluminum alloy ADC12 remained generally steady Tuesday, while the physical demand stayed healthy after the pickup seen the previous week, industry sources said. Domestic offers were heard around Yuan ...
Tags: Chemicals, aluminum, aluminum alloy, Metallurgy, Mineral
US Gulf Coast isobutane was bid at 5.25 cents/gal over normal butane Tuesday, the widest premium since June 20, according to Platts data. Market sources attributed the strengthening premium to isobutane buying interest from a large Gulf ...
At least one major steelmaker is making preparations based on rampant chatter in the US market that ThyssenKrupp is poised to sell its Alabama rolling mill (possibly including its Brazilian slab operations) to a triad of ArcelorMittal, ...
Tags: Steel, Construction
China's National Energy Administration is seeking recommendations and consulting the refining sector on a proposal to award more crude import quotas in the country. In a report on Friday, Chinese newspaper 21st Century Business Herald ...
Taiwan's Formosa Petrochemical Corp. is expected to continue using LPG as alternative feedstock at its steam crackers until after November when it will switch to fully using naphtha, an industry source said Friday. The plan comes as prices ...
Tags: Steam Cracker, Formosa
Canadian coking coal producer Teck Resources claimed a record 7.6 million mt of coal sales in the third quarter, up 36% from a year ago, the company said Thursday. But Don Lindsay, president and CEO of the Vancouver, British ...
Tags: Coal Sales, Chemicals
Japan's stocks of liquefied petroleum gas rose 4.69% month on month to 2.145 million mt as of September 30, marking the fourth straight month of increase as imports inched up to meet utility demand ahead of winter, data from the Japan LPGas ...
Tags: LPG Stocks, liquefied petroleum
Spot price assessments for US gasoline plunged to the lowest levels of the year across the country Wednesday, pressured by high inventories and weak demand tied to seasonal changes and more efficient vehicles. Gasoline prices in the US ...
Tags: Metallurgy, Mineral, Energy
China imported 10,874 mt of natural gas via pipeline from Myanmar in September, according to data from the General Administration of Customs made available Tuesday. This is the first time that gas imports from Myanmar have shown up in ...
Tags: Natural Gas, Metallurgy, Mineral, Energy
The production margins for styrene monomer in Asia have shrunk to its lowest level in over six months as SM prices have tumbled globally since early September, Platts data shows. The SM price in Asia fell $34.50/mt, or 2.1%, day on day ...
The Group 3 ULSD differential plummeted Tuesday, down 2.45 cents/gal to NYMEX November ULSD futures minus 9.25 cents/gal -- the lowest level the differential has been since April when the ULSD contract succeeded the former heating oil ...
Tags: ULSD Basis, Group 3 ULSD
China's benzene imports surpassed 100,000 mt in September, more than doubling month on month to 128,344 mt, data released Tuesday by the General Administration of Customs showed. The figure was also up from 40,046 mt in September 2012. ...
Tags: benzene imports, Platts data
The Asia price spread between paraxylene and feedstock naphtha narrowed $16.12/mt day on day to $485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply, Platts data showed Monday. The spread is at the second ...
Tags: Paraxylene, PX-Naphtha
Prices for ferrous scrap exports from the US West Coast increased for a third consecutive week this week, with deals for containerized heavy melting scrap I/II (80:20 blend) being concluded at $358/mt CFR Taiwan on Wednesday, up about $2/mt ...
Tags: Metallurgy, Mineral, Energy, Chemicals