Europe
Europe
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Outokumpu Is Delivering About 4,000 Mt of Duplex Stainless Steel
May 15, 2014Finland-based stainless steel producer Outokumpu has announced that it is delivering about 4,000 mt of duplex stainless steel for the Husab uranium mine project in Namibia, Africa. Outokumpu's stainless steel will be used in tanks, pressure ...
Tags: Stainless Steel, Namibia Project
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Pig Iron Output Will Total 2.35 Million Mt
May 15, 2014According to the Ukrainian association of metal producers Metallurgprom, crude steel production in Ukraine will total 2.45 million mt in June this year, pig iron output will total 2.35 million mt, while Ukrainian production of rolled steel ...
Tags: Crude Steel, metal producers
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Seasonally-Adjusted Industrial Production Decreased by 0.3 Percent in The Euro Area
May 15, 2014In March this year, seasonally-adjusted industrial production decreased by 0.3 percent in the euro area and by 0.2 percent in the EU-28 as compared with February, while industrial production in February had increased by 0.2 percent in the ...
Tags: Euro Area, Industrial Output
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SMS Siemag Will Revamp One of The Two Compact Strip Production
May 15, 2014Germany-based plantmaker SMS Siemag has announced that it will revamp one of the two compact strip production (CSP) casters of the Indian steelmaker JSW Steel. The modernization of the CSP slab at the steelmaker's Dolvi steel plant in the ...
Tags: JSW Steel, Slab Casting
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The UK Could See Its First Increase in Offshore Oil Output and The Start of a Recovery
May 15, 2014The UK could see its first increase in offshore oil output in over a decade this year and the start of a slight recovery, BP regional vice president for Europe, Peter Mather, said Tuesday. His comments were balanced by a longer-term ...
Tags: Oil Output, offshore oil output
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Russia's Rusal Produced 883,000 Mt of Aluminum in Q1, Down 12.3% Year on Year
May 15, 2014Russia's Rusal produced 883,000 mt of aluminum in the first quarter of 2014, down 12.3% year on year, mainly due to output cuts and mothballed production at certain smelters in Europe and the Urals, the company said Tuesday. Value added ...
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Northwest European Spot Prices for Vinyl Acetate Monomer Tumbled Eur70/mt
May 15, 2014Northwest European spot prices for vinyl acetate monomer tumbled Eur70/mt Thursday under pressure from Asian imports, according to Platts data. The European spot price for VAM was assessed at Eur1,560/mt FD NWE ($2,162.63/mt), down from ...
Tags: Vinyl Acetate Monomer, NWE
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The Recyclable Plastic Bottle Was Introduced by Ecover
May 14, 2014Belgium-based cleaning products manufacturer Ecover has introduced new bottle, which is produced from waste plastic taken out of the ocean. Claimed to be manufactured completely from recycled plastic that includes 10% of plastic from the ...
Tags: Plastic Bottle, Ecover
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Nigerian Crude Prices Are Starting to Fall ,Trading Sources Said Monday
May 14, 2014Nigerian crude prices are starting to fall as the remaining 15-20 Nigerian June cargoes struggle to sell due to weakening refining margins, trading sources said Monday. The remaining unsold cargoes are looking to find a home in Europe, ...
Tags: Crude Oil, Nigerian crudes
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European Spot Prices Were Rangebound Monday
May 14, 2014European spot prices were rangebound Monday, with contracts generally finding support around Friday's closing levels as gas supply turns up to meet higher demand. Day-ahead gas contracts on the Dutch TTF hub have traded in a ...
Tags: European spot markets, Gas
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European Fuel-Grade Ethanol Prices Have Become Less Vulnerable to Near-Term Declines
May 14, 2014European fuel-grade ethanol prices have become less vulnerable to near-term declines as future prices are now high enough to encourage sellers to hold on to stock rather than selling it promptly, according to trading sources. Wholesale ...
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Online Sales of Non-Food Products in The UK Grew 11.2% in April Versus a Year Earlier
May 13, 2014Online sales of non-food products in the UK grew 11.2% in April versus a year earlier. In April 2013, they had increased by 6.3% over the previous year. In April, online sales represented 16.1% of total non-food sales of the BRC's ...
Tags: non-food products, Economy
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Molybdenum Oxide and European Ferromolybdenum Soared Higher, Climbing to $13.70-14.20/Lb
May 13, 2014Molybdenum 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
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Spain's Six LNG Terminals Reloaded 8.39 TWh of LNG Onto Nine Tankers in April, up 277%
May 13, 2014Spain's six LNG terminals reloaded 8.39 TWh of LNG onto nine tankers in April, a 277% year-on-year increase, data published Friday by gas grid operator Enagas showed. Spain's six LNG terminals also unloaded a total of 24 tankers with 17.4 ...
Tags: LNG, LNG terminals
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Evraz ZSMK Novokuznetsk Has Commissioned a New Universal Mill for Rails
May 12, 2014German plantmaker SMS Meer has announced that Russia-based Evraz ZSMK Novokuznetsk has commissioned a new universal mill for rails and sections supplied by SMS Meer. The new mill produces among others 100 meter-long rails for high-speed ...
Tags: Universal Mill, Evraz ZSMK
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