Malaysia rebar mills announced that they have increased domestic rebar offers this week due to tighter supply. According to the market dealer, the rebar with diameters of 16mm or more now are offered at US$697~US$704/ton, surging ...
Tags: Malaysia, rebar mills, prices
According to the data of China Iron and Steel Association (CISA), the inventory of the main finished steel products including plate, hot rolled coil, cold rolled coil, rebar and wire rod totaled 14.346 million tons in the week end January ...
Tags: China, Finished Steel Inventory, CISA
Reportedly, European stainless sheet surcharges will expect to change in February 2013. Outokumpu expects to change for Austenitic grade 304 to decrease 1% to euro 1,277/ton and grade 316 is remained unchanged as euro 1,930/ton. ...
Tags: Europe, Stainless Sheet, February
Europe needs a stable legal framework if biofuels research and development is to prosper, Neste Oil's Executive Vice President, Oil Products, Matti Lehmus, said at a conference Monday. A proposal in October by the European Commission ...
Tags: Europe, biofuels, Oil Products
Russia's crude exports to Europe will not be affected by increased supplies to Asian markets, Russia's deputy prime minister Arkady Dvorkovich said Tuesday. "[Russia's crude] supplies to eastern markets will grow but this will not ...
Tags: Russia, crude, exports to Europe
Despite declines in its coal volumes, Kansas City Southern swung to a fourth quarter and year-end profit, partly on growth in shipments of crude oil and frack sand, executives of the railroad said Tuesday. "The growth in crude and ...
Tags: coal volumes, Kansas, crude oil, frack sand
US industry continued to choose up sides on the issue of liquefied natural gas exports Tuesday with chemical giant Huntsman announcing it was joining America's Energy Advantage, a new trade group dedicated to limiting gas exports from the ...
Tags: liquefied natural gas, exports, Huntsman, America
A NASA spacecraft is sending back evidence that a deep crater on Mars once held a groundwater-fed lake. The information is further evidence that the Red Planet has a history of water. Last fall, NASA scientists discovered evidence ...
On January 21, 2013, the Canadian Border Services Agency (CBSA) announced the initiation of antidumping (AD) investigations of galvanized steel wire from China, Israel, and Spain and a countervailing duty (CVD) investigation of galvanized ...
On January 23, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in 2012 its fixed asset investments amounted to RMB 13.3 billion ($2.13 billion), up 52.7 percent compared with RMB 8.709 ...
Tags: Baogang, steelmaker, Iron Steel
According to a company statement, in 2012 the long steel division of Russian steelmaker Novolipetsk Steel (NLMK) shipped around 1.4 million mt of rebar, including 1.3 million mt to the domestic market, up 16 percent, while its shipments for ...
Tags: rebar, steelmaker, NLMK
Port Hedland in the iron ore-rich Pilbara region in Western Australia was shut down on January 22, due to tropical cyclone Peta which is expected to make landfall on Wednesday, January 23, slowing down iron ore shipments to the Far East. ...
Tags: Iron ore ports, Iron ore, Iron ore industry
On January 21, the U.S. Embassy in Baghdad, through the United States Agency for International Development (USAID), signed a memorandum of understanding (MOU) with Iraq’s Independent High Electoral Commission (IHEC) formalizing its ...
Prime Minister Nouri al-Maliki held talks with ExxonMobil chief Rex Tillerson (pictured) on Monday. AFP reports that the meeting was the first between the two since the firm signed an oil exploration agreement with Kurdistan in October ...
Tags: Maliki, Exxon Boss, Rex Tillerson, oil exploration agreement
The Bureau of International Recycling (BIR) has warned its members about fraudulent scrap transactions reported over the past several weeks. BIR stated that scrap metal recyclers have been offered non-existent cargoes of scrap metal. The ...
Tags: scrap metal recyclers, scrap metal, scrap metal cargoes