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Industry Views
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Government of Bangladesh Are Making Efforts to Rectify The Challenges Faced by The Sector
May 30, 2014Although recent industrial accidents coupled with other issues have raced challenges for the Bangladesh textile industry, which is the second largest exporter of readymade garments (RMG), the Government of Bangladesh and the textile ...
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Ukraine Exported 238,100 Mt of Ferrous Scrap Metal Worth a Total of $75.2 Million
May 30, 2014In the January-April period this year, Ukraine exported 238,100 mt of ferrous scrap metal worth a total of $75.2 million, while it had not exported any ferrous scrap in the same period of the previous year, according to Ukraine's Ministry ...
Tags: ferrous scrap, ferrous metal
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Alacero Outlined Struggles to Reduce The Charges of Unfair Trade
May 30, 2014In a report this week, the Latin American Steel Association (Alacero) outlined struggles to reduce the charges of unfair trade between countries that are trading partners. Rafael Rubio, director of Alacero, expressed concern over an ...
Tags: steel demand, steel production
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The Value of Committed Investments Stood at a$229 Billion as of April This Year
May 30, 2014According to the resources and energy major projects report issued by the Australian Bureau of Resources and Energy Economics (BREE), the value of committed investments stood at A$229 billion as of April this year, declining from its peak ...
Tags: Mining, raw materials
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Import Iron Ore Prices Started to Move Down Again in MID-April
May 30, 2014Import iron ore prices in China have undergone two rounds of declines so far in the current year, China's National Development and Reform Commission (NDRC) said in a statement issued on May 28. By March 10, import iron ore prices in China ...
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Penny Pritzker Presented The Port of Everett with The President's 'E' Award
May 30, 2014US Secretary of Commerce Penny Pritzker presented the Port of Everett with the President’s “E” Award for Export Service at a ceremony in Washington, D.C. on Wednesday. The “E” Awards are the highest recognition ...
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Steel Authority of India Limited Announced Its Financial Results
May 30, 2014Indian state-owned steel producer Steel Authority of India Limited (SAIL) has announced its financial results for the financial year 2013-14 ended March 31. Accordingly, SAIL's net profit increased by 20.36 percent to INR 26.16 billion ...
Tags: Steel, steel production
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Talvivaara Mining Company Plc's Sales Revenues Amounted to Increasing by 5.07 Percent
May 30, 2014Finland-based nickel and zinc miner Talvivaara Mining Company Plc has announced its financial results for the first quarter this year, registering a net loss of €17.1 million, narrowing down from €23.9 million in the same quarter ...
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Axiall Will Increase Its US Liquid Caustic Soda Prices by $60/Dry St Effective July 1
May 30, 2014US petrochemical producer Axiall will increase its US liquid caustic soda prices by $60/dry st effective July 1, it said in a notice to customers Wednesday. In addition, the company is raising its caustic soda prices in Canada by ...
Tags: caustic soda, liquid caustic soda
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Gross Steel Production at Spanish Plants Was Likely 1.2 Million Mt in April
May 30, 2014Gross steel production at Spanish plants was likely 1.2 million mt in April, a decrease of 9.3% year on year weighed down by the Easter holiday effect, Union de Empresas Siderurgicas, or UNESID, said in a note late Tuesday. The figure is ...
Tags: Steel Production, metal structures
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Northern California Ethanol Prices for Prompt Delivery Soared to a Five-Week High
May 30, 2014Northern California ethanol prices for prompt delivery soared to a five-week high Wednesday as two aggressive buyers entered the market short on product, sources said. Platts' Northern California rail car ethanol for prompt delivery was ...
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China Will Close Down 15m Mt/Year Outdated Iron-Making Capacity Before The End of 2015
May 30, 2014China will close down 15 million mt/year outdated steel production capacity and 15 million mt/year outdated iron-making capacity before the end of 2015 in addition to capacities already specified for closure during the 12th Five Year Plan ...
Tags: Outdated Steel, steel production
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Crude Production in Libya Is Facing Further Setbacks This Week
May 30, 2014Crude production in Libya is facing further setbacks this week, as loadings out of the 110,000 b/d Marsa al-Hariga crude terminal in Eastern Libya have stuttered to a halt. Traders and shipping sources said that no there have been no ...
Tags: Crude production, oil flowing
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The UK Gas Market Was Short of Supply as The Country Stepped up Exports to The Continent
May 30, 2014The UK gas market was short of supply during the morning Wednesday with demand above seasonal norms as the country stepped up exports to the Continent. At 11:00 am London time, the UK NBP within-day contract was valued at 44.20 ...
Tags: gas market, pipeline
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The Angola LNG Plant Is Expected to Resume Production in Mid-2015
May 30, 2014The Angola LNG plant is expected to resume production in mid-2015 after a rupture on a pipeline forced it to shut down, a spokesman for Angola LNG said Wednesday. "Following investigation into the incident that took place at the plant in ...
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