Poor weather at Qinhuangdao and other coal export ports in northeast China have impeded some coal shipments to power plants along the Asian country's coastline, but well-covered Chinese end users were refraining from panic buying in the ...
Tags: Qinhuangdao, coal shipments, coastline
Asian benzene prices crashed through the $1,400/mt support level Wednesday, shedding $45/mt or 3.1% day on day to settle at $1,397.50/mt FOB Korea as factors supporting a bullish benzene market collapsed, market sources said. Benzene ...
Tags: Asia benzene sheds, Asian benzene prices, benzene market, Benzene prices
Bloomberg reported that to the price of iron ore delivered China, the largest importer, climbed to a 14 month high in what Credit Suisse Group AG described as one last hoorah. According to the Steel Index, ore with 62% content at the ...
Tags: iron ore, China, India, iron price, iron ore market
Ailing economic growth in China is beginning to take a toll on miners and suppliers in the United States. Dwindling exports to the Middle Kingdom across a swathe of US industries would appear to strongly substantiate reports that the ...
Tags: China, Equipment News, Rare Earth, Suppliers News, USA
Reuters reported that a new deepwater port on Australia's Indian Ocean Coast was supposed to be the showpiece of the country's decade long mining boom and open up a huge new iron ore belt to export to Asian markets. But twice in the past ...
Tags: Iron Ore Mining, Mining Jobs, Coal Mining News, Mining
Bloomberg cited LLX Logistica SA, the Brazilian port operator headed by billionaire Mr Eike Batista saying that the most in a week after agreeing to lease space at its Acu complex to the local unit of French steel pipe maker Vallourec SA. ...
Tags: LLX Logistica SA, steel pipe, steel market, steel
China's role in the global silver market has dramatically changed over the past decade. Once a small player in the global market, China today is the world's leading market for both physical investment and paper trading of silver futures and ...
Tags: China, silver market, global market, silver fabricator
Reuters reported that shares of ArcelorMittal South Africa jump almost 5% as a turnaround in Chinese demand bolsters iron ore and steel prices. A steep drop in steel inventories held by Chinese traders may trigger a stronger price ...
Tags: ArcelorMittal, shares, jump, demand bolsters, iron ore, steel
Vale SA,the world's largest iron ore producer,climbed to a seven month high as prices for the steelmaking material rebound. Vale,based in Rio de Janeiro,climbed for an eighth day,gaining 1.7%to BRL 41 at the close in Sao Paulo,the highest ...
Tags: Vale SA, Iron, Prices, steelmaking material
Reuters reported that spot iron ore prices hit their highest in almost five months as traders snapped up cargoes, betting Chinese demand will stay firm and supply may be limited in the first quarter due to seasonal weather disruptions in ...
Mr Andrew Forrest chairman of FMG said that Chinese customers are buying about 95% of the ore mined by Australia's Fortescue Metal Group Ltd. China needs us to supply the iron ore. Due to the booming demand in Chinese market over the past ...
Tags: iron ore, booming demand, lower production, Chinese market
During the SteelOrbis fall 2012 conference&67th IREPAS meeting held in Munich on September 30-October 2,Peter Marcus from World Steel Dynamics(WSD)has assessed the current situation in the world steel industry and provided an outlook for ...
Tags: SteelOrbis, 67th IREPAS meeting, Munich, WSD
Despite a tough time for the global resources sector over the past 12 months due to plunging commodities prices and ailing Chinese demand, Australia's iron ore exports are believed to have risen by 10% YoY in 2012 with more substantial ...
Tags: global resources, plunging commodities prices, ailing Chinese demand
Wacker Chemie AG officially opened its new company headquarters for the Greater China region (Mainland China and Taiwan) in Shanghai today. With a large number of guests drawn from industry and administrative authorities in attendance, ...
Tags: Wacker, Chinese Headquarters, R&D and applications technology
Chinese demand for both Newcastle and Indonesian thermal coal was quiet Tuesday with high stockpiles and low domestic prices, sources said. The bid-offer spread has not narrowed and this is deterring deals, a Singapore-based source said. ...
Tags: thermal coal, FOB, NAR coal, CFR