The World Steel Association (worldsteel) expects apparent steel consumption in the US to deliver a return to growth and recovery in 2014-2015, after a decrease of 0.6 percent in 2013, according to its short range outlook. Worldsteel ...
According to the short range outlook of the World Steel Association (worldsteel), in the MENA region, steel demand is expected to grow by 6.1 percent to 66.7 million mt in 2014 after a 0.9 percent increase in 2013. Worldsteel pointed out ...
Tags: Steel Demand, Mena Region
According to the short range outlook of the World Steel Association (worldsteel), apparent steel consumption in China is expected to slow to three percent in 2014 amounting to 721.2 million mt, after growth of 6.1 percent in 2013 on the ...
Tags: Steel Demand, steel
China's crude oil imports in March edged up 0.9% year on year to 23.25 million mt or an average 5.5 million b/d, according to preliminary data released Thursday by the General Administration of Customs. The imports were down 8.8% from ...
The container shipping industry is stuck in a vicious cycle: although new ships may give carriers lower slot costs, the supply/demand dynamics are out of kilter and freight rates remain very volatile Drewry's 1Q14 Container Forecaster ...
Tags: Container Shipping, shipping, logistics, Service
An expected surplus of gasoil in Asia from greenfield and upgraded refineries might flow into the marine fuel market in late 2014 or early 2015, trade sources said Wednesday. Asia's maritime industry is looking to the possible supply as ...
Tags: Gasoil, Fuel Market, greenfield
The US will export 101 million st of coal this year and 96 million st in 2015, the US Energy Information Administration said Tuesday, down from March projections of 103 million st and 99 million mt, respectively. Continued economic ...
Tags: Coal Exports, Coal-fired power
The global LNG market will remain tight through the end of the decade as growing demand in Asia, South America and Europe outpaces supply constrained by high costs and underdeveloped infrastructure, according to a study released Thursday by ...
Tags: LNG Market, LNG demand
Japanese automotive parts maker Bridgestone Group has commenced the construction of its new passenger car radial tire plant in Ulyanovsk Oblast, Russia. With this move, the company is seeking to meet this demand growth with local ...
Tags: Passenger Car Tire, Tire, Tyre, Auto Parts
Miner BHP Billiton expects India to lead future demand growth for coking coal, as Chinese imports steady while global competition from suppliers in Australia, Russia and North America intensifies. The world's biggest seaborne coking coal ...
Tags: Coal Demand, coking coal, coking coal miner
Eastman Chemical Company (NYSE:EMN) announced plans to again expand 2-EH capacity at its Longview, Texas, site. The expansion will increase capacity by approximately 20,000 metric tons per year. The company expects to complete the expansion ...
Tags: Chemicals, Construction, Decoration
Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Franc Cardona, the marketing and international affairs director of Spanish steel producer CELSA Group, stated that margins in the long steel product trade ...
Tags: Steel, Metallurgy, Mineral
INVISTA broke ground on new hexamethylene diamine (HMD) and nylon 6,6 polymer plants at the Shanghai Chemical Industry Park (SCIP) in China. These facilities mark a key milestone in INVISTA’s plans for integrated nylon 6,6 facilities ...
Tags: Chinese Project, Invista, nylon
The US Energy Information Administration says that in September 2013, China’s net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other ...
Tags: Oil Importer, petroleum, liquids production
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas