According to the data released by the World Steel Association(worldsteel),global direct reduced iron(DRI)production in the 14 countries accounting for approximately 82 percent of total world DRI production in 2012 amounted to 4.88 million ...
Tags: Global Dri, Steel Association, Steel
Russian steelmaker Novolipetsk Steel(NLMK)has announced its production and sales data for the fourth quarter and the full year 2013.According to the company statement,NLMK's crude steel output in the fourth quarter increased to 4.06 ...
Tags: steelmaker, steel, crude steel
Due to the positive results for China's domestic auto sales in 2013 (21.98 million units, up 13.9 percent year on year), automotive sales in China are expected to reach 23.74-24.18 million units for 2014, up 8-10 percent year on year, as ...
Tags: domestic auto sales, auto sales
Russia's gasoline and naphtha exports rose in January, as the cheaper ruble versus the US dollar made export netbacks more attractive, trading sources said. According to Energy Ministry figures, 384,370 mt of gasoline were exported in ...
Government incentives help focus efforts on power plant development Chinese solar panel makers are looking to invest in solar power farms to boost earnings after a drop in panel prices due to oversupply. Hit hard by trade disputes as ...
Tags: Solar Panel, Energy
The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
China predicted to use 45 billion cubic meters of gas by 2030 As China strives to convert to cleaner energy, its liquefied natural gas production capacity will soar in 2014, with higher profits supporting more projects. Fifty-five ...
Tags: LNG Growth, Mineral
The Chinese government on Saturday announced measures to further promote the use of new-energy vehicles in an effort to save energy and cut emission Subsidies for new-energy car buyers in 2014 and 2015 will be raised from previous levels ...
Tags: New-Energy Cars, Energy
Oil prices rose sharply Friday on speculation that frigid weather in U.S. would boost the demand for heating oil. The impact of cold weather on demand is the focus of market. It was reported that last month was the coldest January since ...
Tags: Oil Prices, Mineral
Indonesia's Industry Minister Mohammad S. Hidayat said on Thursday that non-oil and gas industry in the country would grow up between 6.4 to 6.8 percent this year with an estimated export earning of 125 billion U.S. dollars. The growth in ...
Tags: Gas Industry, Non-Oil, Mineral
Chinese import prices for ferrochrome and charge chrome were unchanged this week, as market activities slowed ahead of the Lunar New Year holidays starting end-January. The spot price for Indian-origin high carbon ferrochrome (58-60% Cr) ...
The State Council has agreed to form a major rare earth production corporation led by Ganzhou Rare Earth Group Co Ltd, the mayor of Ganzhou, Jiangxi province, said on Tuesday. The new rare earth group will become the largest of its kind ...
Tags: Rare Earth, Mineral
The exploration of shale gas is a revolution, and is changing global energy picture, chief economist of the International Energy Agency Fatih Birol said in a recent interview with Xinhua. Birol said several major changes were seen in ...
The Chinese government has issued a gasoil export quota of 1.9 million mt to state-owned traders Chinaoil and Unipec, sources said Friday. Unipec, the trading arm of state-owned China Petroleum and Chemical Corp., or Sinopec, is ...
Energy transition would not complete in an easy way, and the public should be ready for higher energy price, said Total CEO Christophe de Margerie on Wednesday. "This transition will be long and slow," said de Margerie in a written ...
Tags: Energy Transition, Energy