In 2013, the net loss of Russian steelmaker Ashinskiy Metallurgical Works (Ashinskiy) increased by 10.5 times compared to 2012, rising to RUB 755.5 million ($21.4 million), according to Russian media sources. The reasons for the surge in ...
Tags: Steel, Metallurgy, Mineral
Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...
Tags: aluminum ingot, spot market
The premium on LNG cargoes delivered into the Asia Pacific market compared with Southwest Europe is down 63 cents/MMBtu, or roughly 19%, since early January on steady demand in the Atlantic Basin from South American buyers. Recent buy ...
Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...
Tags: Low-sulfur crude, refinery, crude
While current traded prices for L8 and L10 steelmaking pig iron in northern China's Hebei province have slipped since March 3, the market is likely to see higher traded values in the coming weeks with some offers seen rising by as much as ...
Tags: Pig Iron, steel mills, Iron
Bridgelux Inc of Livermore, CA, USA, a vertically integrated manufacturer of solid-state light sources for lighting applications, says that its new Vero Series LED array light source will be backed with what it claims is the world's first ...
Tags: LED Light, LED lighting, LED
Panel makers have order visibility for handset panels for 3G handsets through April 2014 but are pessimistic the orders will fade out through the second quarter of the year as demand for 4G units in markets such as China is expected to ...
Tags: Panel, 3G Handsets
The Business and Institutional Furniture Manufacturers Association (BIFMA) and the Health Product Declaration (HPD) Collaborative have formed a partnership to develop a standardized chemical identification, assessment and disclosure ...
Tags: certification, Furniture
Taiwan-based PV module makers have been expanding or will expand production capacities in 2014 to compete for orders from Japan-based clients who have adjusted their business strategies, according industry sources in Taiwan. These ...
Tags: PV Module, PV vendors
The spot US benzene contract price for April settled at $4.80/gal ($1,436.64/mt), a decline of 15 cents compared with March's CP, industry sources said Tuesday on the sidelines of the American Fuel & Petrochemical Manufacturers conference ...
Tags: Spot Benzene, Fuel, Petrochemical
The Northwest European April benzene contract price has been fully settled at Eur1,019/mt or $1,402/mt CIF ARA, market sources said Tuesday. The settlement represents an increase of Eur16/mt and $32/mt from the March contract price of ...
Tags: benzene, spot prices
The premium of Indonesian Minas crude to front-month May ICE Brent futures fell to a one-month low of 4 cents/barrel on Tuesday after offers from Chinaoil in the Platts Market on Close assessment process failed to elicit buying interest. ...
US miner Drummond restarted coal loadings from its Colombian export terminal late Monday after its environmental restrictions were lifted following a three-month export ban, the company said in a statement. The miner's Colombian ...
Tags: Export Terminal, US miner, Coal Loadings
The CFR China phthalic anhydride market has plunged to a three-year low amid weakness in China's real estate market, dragging South East Asian PA prices down with it, market sources said this week. PA is used to make dyes and is also a ...
Tags: Phthalic Anhydride, real estate, DOP
March rolled in like a lamb and out like a lion for ULSD exports from the US Gulf Coast, which have seen an uptick within the past week, market sources said Monday. Higher prices in Europe and a refining issue in South America have ...
Tags: ULSD Exports, ULSD barrels