The US hot-rolled coil steel sheet market Wednesday saw prices trend move down for the second time this week as buyers and at least one producer reported lower offers and transaction prices. One Midwestern service center source said HRC ...
Tags: Steel Sheet, Hot-Rolled Steel
PVC market prices across Asia are expected to rise as of June offers on reduced market supply from Taiwan, Japan and India, market sources at the Asia Petrochemical Industry Conference in Pattaya said Thursday. Market participants said ...
Tags: PVC Prices, VCM Shortages
The cotton marketing season, which usually begins on July 30, is likely to begin earlier by a month on June 30, according to the Mozambique Cotton Institute (IAM), Noticias reported. It is generally observed that international cotton ...
Tags: Cotton Marketing, cotton prices
The winning bid in the monthly auction held Tuesday for Japanese H2 scrap for export from Tokyo Bay was Yen 32,160/mt ($314.70/mt) free alongside ship, the organizer of the tender said. The bid was Yen 450/mt ($4.40/mt) lower than the ...
Tags: Ferrous Scrap
Northwest European spot prices for vinyl acetate monomer tumbled Eur70/mt Thursday under pressure from Asian imports, according to Platts data. The European spot price for VAM was assessed at Eur1,560/mt FD NWE ($2,162.63/mt), down from ...
Tags: Vinyl Acetate Monomer, NWE
South Korea will seek to import more shale gas-based LNG from North America to meet rising power demand amid tighter environmental regulations, the deputy energy minister told Platts Friday. "Natural gas as a source of power generation ...
Tags: Shale Gasc, LNG
Steel mills finalized their May scrap procurements in Ohio -- the last major US region to settle and the highest-priced -- late Thursday and into Friday, sources said. A majority of sales were concluded on a delivered mill basis at ...
Tags: Steel Mills, Ohio market
The prices of L8 and L10 steelmaking pig iron in northern China's Hebei province traded at Yuan 2,470-2,480 ($401-403)/mt on Tuesday, up from Yuan 2,420-2,470/mt on April 1, both inclusive of 17% VAT. The slight rise in prices was ...
Tags: Pig Iron, Steelmakers
The price of platinum is forecast to average $1,457/oz in 2014, 2% down from the 2013 average of $1,487/oz, as strike action has failed to give the metal any meaningful lift so far, metals consultancy GFMS said Friday in a report. "The ...
Tags: Platinum Price, platinum
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 ...
"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
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 US steel sheet market continued to report offers from producers above published minimum base prices, as mills look to keep upward pressure on pricing amid supply tightness. Buy-side sources reported higher offers from multiple mills ...
Tags: Steel Sheet, Steel Sheet Market
Southeast Asian ethanol producers face a short window for exporting biofuel to the Philippines as the previously high US prices that created an arbitrage for them in February and March are expected to fall, ethanol traders said Monday. ...
Tags: Ethanol, ethanol prices