It’s reported that the Chinese steelmakers have cut export prices of boron-added hot rolled coils (HRC) to Southeast Asia to US$565/ton CFR due to weak demand. Also, the Chinese steelmakers decreases export prices for cold rolled base ...
Tags: HRC Export, Mineral
Russia's Gazprom and Dutch company Gasunie have signed an agreement to explore the possibility of expanding the Nord Stream gas pipeline as well as setting up other gas infrastructure projects in Northwest Europe and the UK, the companies ...
Tags: gas, Metallurgy, Mineral, Energy
President Barack Obama's nominee for energy secretary, Ernest Moniz, on Tuesday reiterated the Obama administration's position that decisions to license liquefied natural gas exports from the US should be based on a transparent, analytic ...
Tags: Metallurgy, Mineral, Energy
US Gulf Coast high sulfur fuel oil began strengthening after a spate of recent selling as players look forward to a shift in supply/demand balances toward tightness in the near term, trading sources said Tuesday. "Availability will be ...
Tags: Metallurgy, Mineral, Energy, Chemicals
A more than 38 percent surge in imported steel amid other break-bulk cargo gains led the Port of New Orleans to a third straight year of healthy tonnage increases, the port reported Monday. Overall, total general cargo tonnages at the port ...
Tags: Steel, Break-Bulk, Imports Surge
Fixtures for shipments of more than 190,000 mt of heavy naphtha bound for Asia from the US Gulf Coast show that the arbitrage window has reopened to meet firm demand from Asia, trade and shipping sources said Friday. It marks the second ...
Tags: Metallurgy, Mineral, Energy, gasoline market
Statistics Canada reported Tuesday that Canadian municipalities issued building permits worth $6 billion in February, a 1.7 percent increase from January. Higher construction intentions in the non-residential sector in eight provinces more ...
On April 9, Chinese steelmaker Pangang Steel Vanadium & Titanium Plant Co., a subsidiary of Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group), announced that it has decided to issue ...
Tags: Pangang Steel, Mineral
As of April 8, inventory of iron ore at 25 major Chinese ports amounted to 72.98 million mt, indicating a very slight decrease of 230,000 mt or 0.01 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As ...
Tags: Iron Ore, Chinese Ports
It’s reported that Korea has become the largest steel wire products supplier to Taiwan. According to statistics, Taiwan imported around 15,000 tons of steel wire products from Korea in the first two months of this year, driven by ...
Tags: Steel Wire, Steel, steel wire products
Rio Tinto, leading international mining group, is facing a difficult time. The group’s aluminum subsidiary and by far the world’s 4th largest aluminum producer, previously known as Rio Tinto Aluminum, had suffered a write down ...
It is reported that Russia's largest iron ore producer Metalloinvest planned to commission the third hot briquetted iron (HBI) plant at its Lebedinsky iron ore mining and processing plant (LebGOK) in the Belgorod region, west Russia, in ...
Tags: Metallurgy, Mineral, Energy, iron ore
It is reported that a fire accident on Tuesday has caused ArcelorMittal's works in Ghent, Belgium to shut down shortly. The company has also indicated to temporary close at the continuous slab caster No.2 of ArcelorMittal's works in Ghent. ...
Tags: steel, Metallurgy, Mineral, Energy
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, demand in the global long steel products market has not indicated the long-awaited increase yet, and is still at ...
Tags: IREPAS, long steel products, Mineral
Transport Technologies and Kazakhstan Railways will jointly build the first rail mill in Kazakhstan. It's learned that the new plant is designed to have the annual capacity of 430,000 tons of rail and section and it is scheduled to be ...
Tags: Metallurgy, Mineral, Energy, steel, Railways