Chinese thermal coal imports stormed to a record monthly high of 14.45 million mt in November, a rise of 30% compared with October's mark, boosted by higher Indonesian shipments, according to China customs data released Friday. ...
Tags: thermal coal, imports, China customs data, Indonesian shipments
With the combination of steep escalation in utility prices and current economic climate, the price that a businesses and homeowners pay for electricity and natural gas can mean the difference between make and break for their bottom line ...
Tags: utility prices, electricity, natural gas, electricity price
The Australia reported that the recent surge in iron ore prices has taken the market by surprise and a solid run is forecast to continue into next year,with delayed expansion plans,stronger Chinese growth and falling Chinese inventories set ...
Tags: iron, profit taking, metal market, iron ore prices
The stupor in steel input material market was shaken with impressive gain in scrap, sponge iron and pencil ingot prices across the nation. Till last week market had been on decline raising questions about any revival. Poor finished ...
Tags: Steel Input Material Prices, India, scrap, sponge iron, pencil ingot price
According to data released by the Pakistan Federal Bureau of Statistics,Pakistan's iron and steel scrap imports amounted to 100,673 tonne in November this year,decreasing 47.6%compared to October and down 24.7%YoY.The value of the iron and ...
Tags: PFBS, iron, steel scrap, Pakistan
US over-the-counter thermal coal prices were assessed unchanged on Monday, as the market turned silent on the eve of the Christmas holiday. No trades were seen or heard in the US market. CME ClearPort closed early at 2:45 pm EST and ...
Tags: coal price, US, coal market, coal industry
South Korea's oil refiners are likely to face tougher challenges in coming years as President-elect Park Geun-Hye vows consumer-focused policies and tighter business regulations under her economic democratization platform. Park, from ...
Tags: South Korea, oil refiners, economic democratization platform, oil
The Daily Times reported that Pakistan's Privatization Commission has approved withdrawal of the review petition filed against the Supreme Court's judgment,which annulled the privatization of Pakistan Steel Mills Corporation. Prayer was ...
Tags: Daily Times, Pakistan, PC, CCoR, PSMC
Business Recorder reported that the Federal Board of Revenue has decided to collect adjustable sales tax at 5%on the value of imported goods or INR 1600 per metric tonne,whichever is higher,on the import of re meltable iron and steel scrap. ...
Tags: FBR, STSPR, sales tax, steel scrap, Pakistan
The West Australian reported that iron ore holdings is looking for a partner to develop what the Kerry Stokes backed iron ore junior believes could be a large scale industrial salt operation in the Pilbara. IOH has asked Liam Twigger's ...
Tags: iron ore, IOH, partner, solar salt operation
Mycron Steel Bhd will agree to continue buying 50% of its raw material needs from Megasteel Sdn Bhd and the other half from abroad provided its three conditions are met. International Trade and Industry Minister Datuk Seri Mustapa Mohamed ...
Tags: Mycron, raw material, Megasteel, conditions
Rox Resources recent rock chip exploration at the Bonya copper project in the Northern Territory is unveiling the extensive high grade nature of the deposit with copper grades of up to 32.9% and new and existing prospects located over 20 ...
Tags: Rox Resources, chip exploration, Bonya, copper project
The fortunes of base metals producers are based primarily on one very big customer China. So it’s little wonder that most stocks associated with producing copper and other metals are stuck in no man’s land right now up from ...
Tags: metals producers, big customer, China, copper, metals
BNamericas reported that workers at US based Southern Copper's Cuajone and Toquepala copper mines and its Ilo smelter will begin an indefinite strike on December 24th 2012 to demand higher wages. Mr Ricardo Juárez Union ...
Tags: Southern Copper, copper mines, indefinite strike, higher wages, Peru
For SAIL chairman Mr CS Verma, there is no slowdown as the giant state run steel firm plots its expansion program, keeping in view the huge potential of steel demand in the country. In an interview, Mr Verma said he has not seen any steel ...