China’s Zhongyuan Special Steel, one of major manufacturers of retained mandrel, heavy precise forgings and drill tools in China has commissioned Austria’s Siemens Metals to install a vertical continuous caster at its new EAF ...
Outokumpu North America announced to cut its stainless surcharge for July. After the adjustment, its surcharges for 304 grades decreased to US$0.6641/lb. from US$0.6859/lb. in June; those for 316 grades fell to US$0.9452/lb. from ...
Tags: Outokumpu, Stainless Surcharges
It’s reported that the market prices for Korean Hot rolled coils (HRC) may have reached the bottom level as the market is observing that it might hard for the Chinese mills to decrease their prices further for Korean market. ...
Tags: HRC Prices, Hot rolled coils
Bri-Chem, a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe and piping products has successfully produced 36" seamless pipe, which is the North America's largest diameter seamless ...
Tags: oil, gas, Metallurgy, Mineral, Energy
As of June 24, inventory of iron ore at 25 major Chinese ports amounted to 75.18 million mt, indicating an increase of 520,000 mt or 0.7 percent compared to June 17, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese ports, Mineral
The state-owned Japan Oil, Gas and Metals National Corporation hasdecided this week to provide guarantees of up to 75% of bank loans to new LNGprojects that are deemed to help reduce Japan's import costs for the fuel, aJogmec official said ...
Tags: Metallurgy, Mineral, Energy
China will no longer be the strong driver of the international thermalcoal market that it has been in the past three years, Deutsche Bank saidFriday in a report. Using annualized year-to-date figures, Deutsche Bank said China's 2013coal ...
Tags: thermalcoal, Metallurgy, Mineral, Energy
China National Petroleum Corporation (PetroChina Group) revealed details for enlarging long-term crude oil trade between Russia and China. According to the contract, the Chinese oil producer will import Russian crude oil of 46.1 million ...
Tags: Crude Oil, PetroChina
Taigang Stainless, the largest stainless steel producer in China announced to cut its domestic prices for austenitic stainless steel coils by RMB700/tin in order to reflect lower nickel prices and decreased stainless market prices. ...
It’s reported that North American Stainless (NAS), AK Steel and ATI Allegheny Ludlum, the three major stainless producers in the US have all cut its alloy surcharges for stainless steel products for July. Also, the stainless ...
Japan’s exports of hot rolled (HR) steel products totaled 1.2 million ton in April, falling by 13.1% from a month ago and rising by 22% year on year, according to data released by the Japan’s Ministry of Finance. In April, ...
Tags: HR Steel Exports, Mineral
Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to remain its prices for rebar, section steel and scrap unchanged for this week. After the price announcement, its list prices foe rebar and section steel ...
Tags: Rebar Prices, Feng Hsin
The Mars cash differential declined $1.15/barrel Thursday on a narrower Brent/WTI spread and low demand for the crude stemming from the reversal of Shell's Houma, Louisiana-to-Houston pipeline system, according to market sources. The Mars ...
Tags: Metallurgy, Mineral, Energy
Oil drilling industry is considered as the most delicate industries in the world. With the increasing demand of natural gas and oil various companies continuously look forward to improve the production of existing wells. China is the first ...
Tags: Oil, gas, Metallurgy, Mineral, Energy
Steel industries have been an integral addition to India's economic scenario as they have not only added gross profit to the national fund but also have enhanced employment options significantly. There are many steel rolling mills ...
Tags: steel, Metallurgy, Mineral, Energy