Australia-based Fortescue Metals Group has announced that it has increased the resource estimate for its Nyidinghu iron ore project located in the Chichester Hub in the Pilbara region of Western Australia to 2.46 billion mt, adding 450 ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
In April, the US Department of Commerce and the US International Trade Commission will initiate the first set of sunset reviews of the antidumping orders on light-walled rectangular pipe and tube from China, Korea, Mexico, and Turkey and ...
Tags: Metallurgy, Mineral, Energy, steel, pipe
According to the State Statistics Committee of Ukraine (Ukrstat), in February this year Ukraine's ferrous metal exports increased by 2.6 percent month on month to a total value of $1.182 billion.?Meanwhile, in the given period Ukraine ...
Tags: ferrous metal, metal, Metallurgy, Mineral, Energy
In Sweden, seasonally adjusted industrial production decreased by two percent in January compared to December last year, and was down 7.8 percent year on year in calendar adjusted figures, according to Statistics Sweden (SCB). According to ...
Tags: Metallurgy, Mineral, Energy, metal
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for 2012. In the given period, Ferrexpo's net profit decreased by 62.5 percent to $215.6 million ...
Tags: Metallurgy, Mineral, Energy, iron ore, iron
Germany, which currently produces 13% of its gas demand from domestic reservoirs, could meet this proportion of its energy consumption from unconventional resources for 100 years, German oil and gas producer Wintershall said Tuesday. ...
Tags: gas, gas demand, gas resources
China should take advantage of relatively low coal prices and import more to satisfy electricity demand in its most populous provinces, instead of relying on domestic coal, which is expensive to transport, according to a Chinese government ...
Tags: domestic coal, coal prices, coal
Traded volumes of OTC and exchange-cleared European-delivered thermal coal derivatives jumped to a three-month high of 132.47 million mt in February, according to London Energy Brokers' Association data Tuesday. API2 (CIF ARA) traded ...
Tags: thermal coal swaps, coal swaps volumes, coal swaps, coal
OPEC Tuesday cut its estimate of demand for its crude in 2013 to 29.71 million b/d, down 70,000 b/d from its previous projection. In its latest monthly oil market report, OPEC said it estimated the call on OPEC crude in the first quarter ...
Tags: OPEC, crude oil, oil market
The NYMEX April natural gas futures contract settled 0.4 cent lower at $3.645/MMBtu Tuesday, after a day of rangebound trading in which cooler weather in the forecasts prevented prices from falling off more dramatically. Kilduff Report ...
Tags: natural gas, gas, energy market
The latest data of the U.S. Energy Department (EIA) showed, supported by rich shale oil field production, U.S. crude oil production has reached the highest level in the nearly 20 years. The mature shale technology helped the United States ...
Tags: United States, liquid fuels, energy
Altos Hornos de México (AHMSA) announced that it will commence another phase of its "Phoenix Project" at the end of March: the Steckel Plate Line, which will have a capacity of 1 million tons of rolled steel plate and sheet with ...
Tags: AHMSA, Phoenix Project, steel plate
On Monday, Fort Lauderdale, Florida-based service center Metals USA Holdings Corp. announced the expiration of the 30 day go-shop period as part of the merger agreement between Metals USA and Reliance Steel & Aluminum Co. Pursuant to the ...
Tags: Steel, Metals, Metal Service
According to the State Statistics Committee of Russia (Russtat), in January this year Russia's exports of iron ore decreased by 1.6 percent year on year to 1.796 million mt, worth a total of $146.1 million, down 32.6 percent year on year. ...
Saudi Arabia produced 9.15 million b/d in February and supplied 9.16 million b/d to markets as output fell by 100,000 b/d over January, but the OPEC kingpin is likely to raise production in the coming months as demand picks up, a Gulf ...
Tags: Oil market, Oil, oil prices