Ultra low sulfur diesel cracks are at a 6-week high on strong buying interest for cargoes in the region and a rise in the front-month 0.1% ICE gasoil futures contract. The crack for physical FOB Rotterdam ULSD barges rose to a $17.04/mt ...
Tags: Diesel Cracks, gasoil
Offer prices in the Argentinian ferrous scrap market are up 50% in February compared with January levels, a reflection of the steep devaluation of its currency, sources said Wednesday. On January 23, the central bank of Argentina scaled ...
Tags: Ferrous Scrap, Mineral
ntly in January this year amid high stockpiles at power plants and strong hydropower generation, medium to long-term outlook remains positive given India's reliance on imported coal, Macquarie Research said in a note Monday. India's ...
Tags: Thermal Coal, Mineral
The 2014 benchmark zinc treatment charge is likely to be at least $10 above last year's benchmark TC, sources said Tuesday at the International Zinc Association conference Tuesday in Dana Point, California. Sources put the likely 2014 TC ...
Iron ore supply may exceed demand growth rates in China later in 2014 as the nation has recorded slow steel production rates since the start of the year and is currently operating at an annualized rate of 730 million mt, BHP Billiton CEO ...
Steel rebar galvanizing is a promising but largely overlooked niche for zinc that has the potential to be a 400,000 mt market in the near term, and also has significant technological and cost advantages, a zinc industry official said late ...
Tags: Steel Rebar, Mineral
According to a report released by the Turkish Iron and Steel Producers' Association (TCUD), in 2013 Turkey's steel import volume increased by 25.4 percent to 14.85 million mt, valued at $12.81 billion, up 14.1 percent, both compared to ...
Tags: Steel Imports, Mineral
According to a report released by the Turkish Iron and Steel Producers' Association (TCUD), in 2013 Turkey's steel exports decreased by 6.3 percent to 19 million mt, while the value of these exports declined by 7.9 percent to $15.78 ...
Tags: Steel Exports, Mineral
In January this year, total shipment volumes by Russian railway monopoly Russian Railways (RZD) - including ferrous metals, coal, oil, fertilizers and timber - increased by 1.2 percent year on year to 96.3 million mt, according to the State ...
Tags: Ferrous Metal, Mineral
Russia-based pipe producing company United Metallurgical Company (OMK) has informed that it has won a tender for the supply of pipes for the construction of the first phase of the offshore section of the South Stream main pipeline. ...
In 2013, Turkey's finished steel output increased by 6.2 percent to 36.4 million metric tons, in line with the increase in the country's semi-finished product imports during the year in question, according to a report released by the ...
Tags: Finished Steel, Mineral
Russian steelmaker Severstal has announced that it delivered 1,800,000 mt of rolled steel to Russia-based pipe manufacturers in 2013, registering a 10 percent increase compared to 2012. Severstal stated that the growth was primarily ...
Tags: Pipe Producers, Steel
According to the data provided by the Turkish Statistical Institute (TUIK), last year Turkey's pre-painted galvanized iron (PPGI) imports amounted to 79,312 mt, increasing by 82 percent from 43,613 mt in 2012, while the revenue from these ...
Tags: PPGI Imports, Mineral
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that its integrated iron and steel plant Ural Steel saw its crude steel production in the fourth quarter last year decrease by 7.6 ...
Tags: Crude Steel, Ural Steel, Mineral
The US Census Bureau and the Department of Housing and Urban Development jointly announced Wednesday that privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 937,000. This is ...
Tags: Housing Completions