Saudi Butanol Co. has received Saudi Ministry of Commerce and Industry's approval for construction of the world's largest butanol plant in Jubail Industrial Complex, Saudi Arabia. Sabuco is a joint venture of three leading Saudi ...
Tags: Metallurgy, Mineral, Energy
Coal exports from the Port Waratah Coal Services (PWCS) terminals based at Port of Newcastle in New South Wales, Australia, totaled 9.2 million mt in June this year, rising by 11.2 percent compared to May, according to the company's ...
Tags: Coal Exports
The Chinese steelmaker Shagang announced to remain its rebar prices for delivery during July 1st through 10th unchanged. After announcement, its prices for HRB335 and HRB400 rebar with diameters of 16mm-25mm are at RMB3,360/ton and ...
Tags: Chinese Shagang, Rebar Prices
Turin-based Italian steel company Tuxor, which is active in the export of construction steel (rebar, mesh, beams, merchant bar, sheet piles) and tubular products, has announced its financial results for 2012. In 2012, the company recorded ...
According to the Mineral Industry Survey released by the US Geological Survey (USGS), stocks of imported and domestic scrap in the US at the end of March this year amounted to 3.56 million mt, increasing slightly by 1.7 percent from the end ...
Tags: Iron and Steel, Mineral
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 3.1 percent in the week ending June 29, following increases in the three prior weeks. The biggest declines were in the Midwest and Great Lakes ...
Tags: Raw Steel Production
As of July 1, inventory of iron ore at 25 major Chinese ports amounted to 75.28 million mt, indicating an increase of 100,000 mt or 0.13 percent compared to June 24, as announced by China's Xinhua News Agency. Iron ore inventory at ...
Tags: Iron Ore, Chinese Ports
According to statistics released by Japan's Ministry of Finance, Japan's ferrous scrap exports totaled 775,344 metric tons in May this year, falling by 12.1 percent month on month and up 12 percent compared to May 2012. Meanwhile, in ...
Tags: Scrap Exports, Mineral
The Mexican Ministry of Economy reported last week that after completing the review process initiated by Deacero on July 18, 2012, the ministry decided to maintain the antidumping duty of US$0.45 per kilogram of steel wire mesh imported ...
On July 2, China's Ministry of Commerce (MOC) announced that during last week (June 24-30) the average steel price in China decreased by 0.4 percent week on week. In particular, in the given week prices in China of channel bar, 12 mm ...
Tags: Average Steel Price, Mineral
The Institute for Supply Management (ISM) reported Monday that its Purchasing Managers' Index (PMI) registered 50.9 percent in June, an increase of 1.9 percentage points from May's reading of 49 percent, indicating expansion in the ...
Indian state-owned steel producer Steel Authority of India Limited (SAIL) has announced that its finished steel output increased by six percent year on year to 3.2 million mt in the first quarter, the highest-ever first quarter production. ...
Tags: Finished Steel, Mineral
The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 720.9 million ($12.1 million) in June, slightly up 0.6 percent compared to the corresponding month of 2012. In terms of units ...
Tags: Steel Wheel Rim, Mineral
International credit rating agency Standard & Poor's has announced that it has raised the long-term corporate credit rating of Turkish steelmaker Eregli Demir ve Celik Fabrikalari T.A.S. (Erdemir) to 'B+' from 'B', with the outlook being ...
Tags: Turkey-Based Erdemir, Mineral
In the January-May period of this year, the aggregate gross profit of 65 major steel enterprises in China's Hebei Province totaled RMB 239 million ($39 million), down 91.5 percent compared to RMB 2.817 billion in the same period of last ...
Tags: Steel Enterprises, Mineral