Peabody Energy (NYSE: BTU) and China's Shenhua Group today announced they have entered into an agreement to create Sino-Pacific Coal Trading Corporation Pte. Ltd., a Singapore-based joint-venture company that will supply Shenhua's growing ...
Any copper surplus next year is unlikely to emerge until the second half, with the price well supported in the first half, JP Morgan said Thursday. It raised its forecast for the average price in the first quarter by 2% to $7,210/mt, and ...
Tags: JP Morgan, copper surplus, copper
Chinese steelmakers' profits will remain low next year as output remains high and demand growth slows, said industry experts. The ratings agency Moody's Investors Service said on Wednesday that its outlook for the Asian steel and coal ...
Tags: Steel Sector, steel capacity
The US will end 2013 with projected coal exports of 118 million st, down 6.3% from record exports of 126 million st in 2012, according to the Energy Information Administration's final Short Term Energy Outlook of the year. The report, ...
Tags: Coal Exports, Metallurgy
Oil demand growth in the US this year is likely to exceed that of China's for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday. ...
Tags: US, China, oil demand
It is reported that Korean POSCO Research Institute (Posri) recently predicted that 2014 Korea steel demand will be based on moderate growth this year, 51.2 million tons estimated in the year increased only on the basis of 1%, about 51.7 ...
Tags: steel, steel demand, Korean, export
From the current situation, there are signs of improvement in the global macroeconomic, and this year is slowly recovering.So now communication equipment industry one of the most difficult time has passed. A Chinese experts said,the ...
Tags: Communication Equipment, GPS Tracker, Module, Media Converter
The world of energy has been turned upside down. The reason for this is shale gas. Since the USA began broad-scale production of unconventional gas, the balance in the global energy sector is shifting significantly. The United States is now ...
Tags: Gas, Metallurgy, Mineral, Energy
International credit rating agency Moody's has announced that it has raised the European steel industry outlook to stable from negative given the improving fundamentals in the European steel industry, reflected by slight growth in euro area ...
Tags: Moody, lift, European steel, industry, outlook, stable
The global oil market is currently well supplied but growing demand pressures and ongoing disruptions in some OPEC producing countries could soon reverse a recent spate of softer oil prices, the International Energy Agency said Thursday. ...
Tags: Oil Prices, oil market
Supporting its commitment to customers in China and the greater Asia-Pacific region, Chemtura Corporation (NYSE: CHMT) (Euronext: CHMT), a leading global specialty chemicals company based in Philadelphia, Pennsylvania, today held the grand ...
Tags: Chemtura Corporation, plant, petroleum, Nantong
Global demand for naphtha will expand faster than any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the latest report by the Organization of Petroleum Exporting Countries (OPEC). ...
Tags: naphtha, light products
The widening gap between milk demand and supply will lead to a shortage totaling about 15 to 20 percent of China's market value in 2017, or 66 billion yuan ($10.75 billion), a report has said. Driven by increasing consumption and deeper ...
Tags: Milk Market, Milk Demand
China's manufacturing sector is gradually gaining strength and paving the way for a steady economy, two surveys showed Friday, though mixed signals remain in areas including new orders. China's official Purchasing Managers' Index (PMI) ...
Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the second quarter ended September 30 of the financial year 2013-14, posting a net loss of INR 1.15 billion ($18.7 million), compared to a net ...
Tags: steel, Metallurgy, Mineral