China's Ministry of Commerce (MOC) has announced that during last week (April 8-14) the average steel price in China increased by 0.1 percent compared to the previous week. In particular, in the given week prices of 3 mm hot rolled sheet, ...
Tags: Average Steel Price, Mineral
According to the State Statistics Committee of Russia (Russtat), in the January-March period of the current year Russia registered a 2.8 percent decline in its rolled steel product output to 13.6 million mt, a 4.6 percent decrease in its ...
Tags: Production Results, Mineral
In the first quarter of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.613 million mt, up 9.7 percent year on year, as announced by the company. ...
International credit ratings agency Fitch Ratings has affirmed the credit rating of the Indian steel giant Tata Steel Limited at BB+, while the outlook remains negative. The negative outlook continues to reflect Fitch's expectations of ...
Tags: Fitch Affirms, Tata Steel
On April 13, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co. Ltd announced that in 2012 its total operating revenue amounted to RMB 111.632 billion ($17.95 billion), down 16.28 percent, while its net profit totaled RMB 109 ...
Tags: Hebei Steel, Net Profit
During the panel discussion at the SteelOrbis Market Talks Meeting held in Turkey's capital Ankara on April 12, Veysel Yayan, general secretary of the Turkish Iron and Steel Producers' Association (DCUD), informed participants that Turkey ...
Tags: Veysel Yayan, Steel Consumption
According to a statement released by the Turkish Iron and Steel Producers' Association (DCUD), in the first quarter of the current year Turkey's crude steel output amounted to 8.5 million mt, down 5.9 percent year on year. In this period, ...
Tags: Steel Output, Mineral, Crude Steel Output
According to the data provided by the Spanish steel producers' association Unesid, Spain's crude steel output in 2012 totaled 13.6 million mt, decreasing by 12 percent compared to 2011. The association said that during most months in 2012 ...
Tags: Spanish Steel Product, Mineral
US fuel oil crack spreads widened through the day Friday as support slowly crumbled in the face of weakening Brent crude futures. Traders had pegged fuel oil as well-supported compared with crude early in the morning, noting fuel oil ...
Tags: Fuel Oil, Crude Weakness
Shell said it reduced by 50% the volume of oil spills from its onshore operations in Nigeria's Niger Delta in 2012 compared with the previous year, but that oil theft from the company's facilities remain a long-term challenge. "The volume ...
Tags: Shell, Oil Spill, Nigerian Fields
It is learned that Spain´s crude steel output in 2012 was 13.6 million tons, down by 12% from the previous year. According to the country´s Steel Companies Union (UNESID), this output number represents a consecutive year of ...
Tags: Steel Production, Steel
China's National Development and Reform Commission will not adjust the regulated prices of gasoline and diesel in what would have been the first such exercise following the new pricing mechanism introduced late last month, the NDRC said ...
It’s reported that Russian steelmaker Evraz announced its financial result for 2012. In 2012, Evraz realized sales revenues of around US$14.726 billion, falling by 10.2% from the previous year. In the given period time, the ...
Tags: Evraz, steelmaker, steel
Weakening crude refining margins and middle distillates cracks have led to low buying interest among Northeast Asian refiners for prompt May loading ESPO blend crude, trading sources said Thursday. Three to four of the 19 ESPO blend crude ...
Tags: Distillate Cracks, Chemicals
According to the latest ‘Stainless Steel Report April 2013' issued by Germany-based service centre Damstahl, in 2012 European stainless crude steel production amounted approximately to 7.5 million mt, falling around one percent ...
Tags: Damstahl, Stainless Steel Output