China’s Ministry of Commerce (MOC) has announced that during last week (January 7-13) the average steel price in China increased by 0.4 percent compared to the previous week.In particular, in the given week prices of 3 mm hot rolled ...
Tags: MOC, average price, steel, China
Russian pipe producing company United Metallurgical Company (OMK) has stated that in December last year its foundry-rolling complex produced 93,000 mt of hot rolled flat steel, most consisting of hot rolled coil (HRC) but also including ...
Tags: OMK, pipe, hot rolled flat steel, HRC
The US International Trade Commission (USITC) Tuesday determined that revoking the existing antidumping duty order on clad steel plate from Japan would be likely to lead to continuation or recurrence of material injury within a reasonably ...
Tags: USITC, clad steel plate, Japan
The Laker Carriers' Association (LCA) reported Tuesday that shipments of iron ore on the Great Lakes totaled 61.6 million tons in 2012, a slight improvement over 2011. The increase, 245,000 tons, is equal to about four cargos in a ...
Tags: LCA, iron ore, Great Lakes
According to the European Steel Association (EUROFER), in November last year flat steel imports in the European Union (EU) totaled 803,000 mt, while EU long steel imports amounted to 249,000 mt. Accordingly, overall EU finished steel ...
Zhejiang-based Chinese company Weisheng Holding Co. has started production at its electro-slag ingot project for high-quality special alloy steel in the Xiaoshan district of Hangzhou city in China’s Zhejiang Province, as reported by ...
Tags: alloy steel, die steel, precision alloy steel, steel
Kleist, prime minister of Greenland said on Tuesday, the autonomous territory of Denmark would not automatically look more favourably on firms from the European Union eager to exploit the region's vast deposits of rare earths and other ...
Tags: rare earths, minerals, green energy
Iraq’s Petroleum Contracts & Licensing Directorate (PCLD), part of the Ministry of Oil, has announced that following requests received from interested companies the deadline for submitting qualification information for the Nasiriya ...
Tags: Iraq, PCLD, Nasiriya Integrated Project
Idemitsu Kosan Co., Ltd established Nghi Son Refinery and Petrochemical LLCin 2008, together with Mitsui Chemicals, Inc., Kuwait Petroleum International, and PetroVietnam in order to develop a workable concrete business scheme for the ...
Tags: refinery business, Refinery, Petrochemical
The US residual fuel oil hi-lo, the spread between Atlantic Coast 1%S and Gulf Coast 3%S, registered its largest physical and paper drop in six weeks Tuesday as the recent LSFO demand pop subsided. At the same time, the tightness in the ...
Tags: fuel oil, oil, sulfur fuel oil, fuel oil trade
Inflation in the UK held at 2.7 per cent for the third consecutive month in December, in line with forecasts, as a result of a rise in gas and electricity bills. Indeed, figures compiled by the Office for National Statistics found that ...
Tags: Inflation, UK, gas, electricity
In 2012, the total completed shipbuilding output in China was 60.21 million dwt, down 21.4 percent year on year, according to data released by China’s Ministry of Industry and Information Technology (MIIT). In addition, in the given ...
Tags: shipbuilding output, China, shipbuilding
According to the State Statistics Committee of Kazakhstan, in 2012 Kazakhstan produced 3.77 million mt of crude steel, down 21.6 percent year on year. Production of flat steel in Kazakhstan in 2012 decreased by 23.6 percent year on year ...
Tags: Kazakhstan, crude steel, metal production
According to ISTAT, Italy's national statistics office, in November last year the seasonally adjusted index of Italian industrial production decreased by one percent compared to October and was down 7.6 percent compared to November 2011 ...
Tags: Italy, industrial production, metal, metal products
Fujian Province-based Chinese steelmaker Sangang Minguang Co. Ltd has announced an estimated net loss of RMB 164-291 million ($26-46 million) for 2012. In the first three quarters of last year, the company’s net loss had totaled RMB ...
Tags: Sangang Minguang, net loss, steel market