The US ferrous scrap import market was quiet in East Asia during the week, regional traders said Thursday. Importing mills were staying away because they believed US scrap prices were likely to soften after iron ore broke the $100/dry mt ...
Tags: Steel Mills, Bulk Scrap
Production cuts at Indonesian thermal coal mines could only at best help stabilize prices but further gains would be capped by sagging demand from both India and China in the spot market, sources said Wednesday. A Singapore-based trader ...
Tags: Thermal Coal, thermal coal mines
Indonesian thermal coal prices were steady Friday amid reduced production and weak demand from China and India, sources said. "Demand has been flat. There has been no real movement," an Indonesia-based trader said. A Singapore-based ...
Tags: Thermal Coal, Flat Demand
The Platts LNG Japan Korea Marker for July, the newly assessed front month, began trading at $13.625/MMBtu on Friday. The marker for June fell 32.5 cents from last Friday to close at $13.625/MMBtu on Thursday amid ample supply and weak ...
Tags: LNG, Weak Demand
US spot refinery-grade propylene declined 0.75 cents/lb Thursday to reach a five-month low as propylene markets weaken, according to sources. Spot RGP was assessed at 58-58.5 cents/lb delivered, after May and June buying bids were heard ...
India's largest coal producer Coal India Limited is expected to decide whether to award a contract for thermal coal imports at its next board meeting set for late May, a source said Thursday. CIL received a single bid from government ...
Tags: coal, coal output
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
According to Brazilian news reports Monday, Gerdau has joined the competition to acquire the assets of bankrupt, France-based engineering steel manufacturer Ascometal. Gerdau, which has reportedly offered 86 million euro (US$118 million), ...
Tags: Gerdau, engineering steel
Indonesian thermal coal prices were stable to higher on Monday with very few deals reported as the market awaits direction from India after the end of its month-long elections later this week, sources said. "Prices have been more or less ...
Tags: Thermal Coal, Indian demand
Molybdenum oxide and European ferromolybdenum soared higher Thursday as sources said the market was being driven by extreme tightness for oxide powder. The Platts daily dealer molybdenum oxide assessment climbed to $13.70-14.20/lb on ...
Tags: Molybdenum oxide, ferromolybdenum
Counter bids for May Asian Contract Price for paraxylene were in a range of $1,040-1,100/mt CFR, sources close to the negotiations said Tuesday. There are four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and JX Nippon Oil ...
Tags: Paraxylene, PX ACP
The U.S. Department of Energy's Municipal Solid-State Street Lighting Consortium (MSSLC) has released an update to its Model Specification for Adaptive Control and Remote Monitoring of LED Roadway Luminaires, V1.0. The new resource has been ...
Tags: Energy, Lighting Control Systems
The World Bank has called on Bangladesh to raise domestic natural gas prices after five years without an increase. "The administered price of domestically produced natural gas is fixed at a level considerably below that of the ...
Tags: Natural Gas, Domestic Prices
Against the backdrop of unusually severe winter weather, the Remodeling Market Index (RMI) declined to 53 in the first quarter of 2014, according to the National Association of Home Builders (NAHB). This reading is down from the ...
Tags: Construction, Decoration, Remodeling Market
Scrap exporters have lowered buying prices at their terminals along the US East Coast since last week, as market sources said they are likely preparing for lower-priced sales when Turkish mills return to the market later this week. One ...
Tags: Scrap, Scrap exporters