Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...
Tags: RBOB, gasoline, Renewable Fuels
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices ...
Tags: Manganese, Domestic Price
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices ...
Tags: Ferrous Scrap, Ferrous
Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), a subsidiary of Ukrainian steel producer Industrial Union of Donbass (ISD), plans to decrease its production in the current month of January. In particular, DMKD plans to ...
Tags: DMKD, Production Cut, Ukraine Steel News
PetroChina, China's largest energy producer, will suspend natural gas supplies to Cangzhou Dahua Group Co Ltd, a fertilizer manufacturer in Hebei province, because of a winter shortage, the fertilizer company said. China faces a natural ...
Tags: Gas Shortage, Production Cut
According to the data released by China Iron and Steel Association that the country's daily production of large and medium-sized steel mills totaled 1.7033 million tons in the last ten days of October, decreasing 0.5% from mid October, In ...
Tags: Steel Market, Mineral
It’s reported that Korea’s rebar market has become sluggish as demand from the country’s construction sector has become weak due to heavy rainfall. At present, the selling prices of SD400 rebar with diameter of 10mm ...
Tags: Rebar Market, Mineral
It’s reported that the market prices for Korean Hot rolled coils (HRC) may have reached the bottom level as the market is observing that it might hard for the Chinese mills to decrease their prices further for Korean market. ...
Tags: HRC Prices, Hot rolled coils
The Vietnam textile and apparel association (VITAS) has signed a Memorandum of Understanding (MoU) with Center for the Promotion of Imports from developing countries (CBI), an agency of the Netherlands Ministry of Foreign Affairs which ...
Tags: VITAS, Garment Exports
The price range of stainless steel plates has gradually widened in the European region last week. Apream expected that the market demand would go up in next few months because of the rebound of auto industry and production cut by a fire ...
Asian steel markets keep soaring as the import prices of hot rolled coil in South East Asia have hiked to US$670~690/ton in early February, up by nearly US$70/ton from the beginning of 2013 due to price up in Iron ore and production cut by ...
The Global Glass Alliance of Unions at Owens Illinois (O-I) officially announced their coalition of workers at the company in four continents to CEO Al Strouken on 10 January 2013. The alliance will rally globally during the week of 4 ...
It's reported that Korean Hyundai Steel mulls to raise its export prices for hot rolled coils (HRC) by US$40~US$50/ton for February and March. It's analyzed that the price rise was supported by the firm steel prices international market and ...
Tags: Hyundai Steel, Steel
Dr.Veysel Yayan,the Secretary General of Turkish Iron and Steel Producers Association has shared his views regarding the steel industry and the price trends in the market locally and globally. The high performance of Turkish steel ...
Tags: Turkey, steel production demand, Turkish steel industry, steel prices