According to RBC Capital's Robin Kozar, the recent strength in iron ore prices is sustainable into the Q1 of 2013 as light supplies from India, declining inventories in China, healthy margins in China and seasonal weakness in the Chinese ...
Tags: RBC Capital, Robin Kozar, iron ore, prices
Long products market was up by IRR 500,000 per tonne by beginning of the week but became downward very soon due to lower ex-rate and other factors. As Esfahan Steel continued offering at IME, market participants don't expect any ...
Tags: Steel Market, Long Products, Construction
ASEAN steel consumption increased continuously at a compound growth rate of 10% from 1998 to 2011. Production surged by CAGR 6.4% while import rose by 8.4% during the same period. ASEAN has become a net importer of steel with net import ...
The government of India has eased the export ban on milk products, especially on milk powder and dairy whitener, due to the surplus availability of milk powder in the country. The ban was imposed earlier in February 2011. The ban included ...
India's Cabinet Committee on Economic Affairs late Thursday announced changes to the country's ethanol policy that will enable the market to set the price and permit imports if supply falls short of enabling 5% blending into gasoline. ...
Tags: ethanol policy, India's Cabinet Committee, ethanol blending programme
In their second debate, Mitt Romney and Barack Obama each tried to outdo the other's love of fossil fuels: Obama extolling his record on oil and natural gas production, Romney vowing to take "advantage of the oil and coal we have here. " ...
Tags: market view, Solar energy
Taiwan's manufacturers of machine tools,most of which are small or medium in size,have experienced substantial sales growth following the global financial crisis of 2009.Their exports grew a further 9.4%in the first half of 2012,to US$2.09 ...
JAVA --High fuel costs are squeezing local loggers and a Java sawmill already hurt by a slump in new home construction. Lumber demand, which is the highest it’s been in the past five years, is not the problem for the Gregory Lumber ...
Tags: market view, gas, sawmill, price
HA NOI — Viet Nam has drawn up plans to sustainably grow its wood product processing industry by 2020, according to the Minister of Agriculture and Rural Development. The industry is to give priority to investing in and utilising ...
Tags: market view, timber
The summer slowdown appears poised to push into the fall for steel importers as excess domestic supply and low prices are eroding margins, market participants told AMM. Across the board, traders and service centers cited uncertainty in the ...
Tags: Steel
1. Productivity growth too fast and disorderly competition serious broke the balance of the stainless steel supply and demand. From 2006 to 2010, China stainless steel industry develop rapidly, it keep the world's largest stainless steel ...
Tags: Stainless steel
Russian pipe producers CHTPZ and TMK have filed separate complaints regarding steel strip price increases with Russia's Federal Antimonopoly Service (FAS) against domestic steel producers Magnitogorsk Iron and Steel Works (MMK) and ...
Tags: steel strip, steel pipe