The Asian toluene market led a price surge in most Asian aromatic products early Wednesday, driven by crude oil futures rising on geopolitical tensions in Syria. Front-month ICE Brent crude futures hit a six-month high Wednesday, with ...
Spot indium prices in Asia have risen to their highest level since October 2011, as sellers hold back expecting prices to rise further in the near term, market sources said Tuesday. Platts assessed the spot indium price at $630-670/kg CIF ...
Tags: Spot Indium, Mineral
Affected by the higher scrap prices and lower production capacity, the Korean major steel mills have planned to hike bar price and the price rise is expected to become effective in this month. However, it’s said that the price rise ...
Tags: Steelmakers, Bar Prices
It is reported that the prices of medium heavy plates have kept rising in the US market after the steelmakers SSAB and Nucor announced to raise price by US$30/ton last week. Some buyers start to purchase active and mill extend shipment ...
Tags: Medium Heavy Plate, Mineral
US stainless steel product surcharge may stop from 5 months of slide and rise in September as this month LME nickel price remained higher than July’s average price. Stainless surcharge rise would follow current translation price ...
Tags: Stainless Surcharge
According to report, four major US domestic stainless steelmakers announced to hike prices starting for August shipments. And it is expected there will be another rise for October shipment again. The domestic grade 304 cold rolled coil ...
Tags: Stainless Selling Price
It’s reported that SSAB North American Division (NAD) announced to raise its prices of medium heavy plates by US$25/short ton, effective immediately. It’s known that the major steelmakers in North America including ...
Containerboard price rises are like buses…nothing for ages and then three come along in quick succession. If you're sat there scoffing at the seemingly incredulous prospect of three rounds of price rises this year, I'm afraid that ...
Tags: Recycled Containerboard, Packaging, Printing
According to report, JSW Steel’s July crude steel production was 991,000 tons, rising 47% from the same period last year. Production for flat rolled products rose 64% year-on-year to 796,000 tons and long products production rose ...
Major players in Indonesia's cement industry have each posted solid growth in revenue in the first half of the year on the back of solid demand for the building material, but that has not translated into profitable results for all of them. ...
Tags: Cement, Construction
It's reported that Korean Hyundai Steel steel service center (SSC) announced to raise the prices of hot rolled coils (HRC) for twice times by a total of KRW30,000/ton in August. Hyundai Steel SSC planned to increase HRC prices by ...
Tags: Steel, Construction
It’s reported that most of the Taiwanese steel pipe makers hiked list prices by NT$500~NT$600/ton for August on July 29th in order to reflect higher input costs. In fact, the price rise of NT$500~NT$600/ton made by steel pipe ...
Tags: Steel Pipe, Mineral
The Australian dollar has hit a one-week high, getting a boost from the rising gold price and a good performance on Asian sharemarkets. At 5pm AEST, the local unit was trading at US92.59c, up from US92.22c yesterday. During the local ...
Tags: Australian Dollar, Gold Price
India is mulling a ban on the export of onion in order to ensure domestic supply and prevent steep rise in prices that could lead to a further stoke inflation. Over the past few weeks, the prices of onion have increased sharply. The ...
Tags: Onion Exports, Food
The world’s steel giant ArcelorMittal announced to raise prices for all its coil products by €20/ton for September deliveries. According to an executive of ArcelorMittal, the negotiations on price rise have just started as ...
Tags: Coil Prices, European Market