Northwest European Urals is at its narrowest discount to North Sea Forties crude so far in 2013 as emerging buying interest in the Russian medium, sour grade sent its values soaring, market sources said Wednesday. This comes just eight ...
Tags: crude demand, refiners, oil
In February this year, Indian steel producer JSW Steel’s crude steel production increased by 11 percent compared to February 2012. JSW produced 675,000 mt of crude steel in February of the current year, compared to 609,000 mt in ...
Tags: JSW Steel, Crude Steel Output, Mineral
In January of the current year, Japan's seasonally adjusted industrial production increased 0.3 percent from the previous month, while the original index indicated a decrease of 5.8 percent compared to the same month last year. The ...
Tags: Crude Steel, Japan, Mineral
The Germany-based service center Damstahl reported that the European crude stainless steel output totaled 7.4 million tons in 2012, falling by 2% year on year. Meanwhile, the report indicated that the European stainless steel market would ...
Tags: Europe, Crude Stainless Steel
Chinese state company PetroChina has completed a new crude oil pipeline linking Lanzhou in northwest Gansu province with Chengdu in central Sichuan province, the company said on its website Friday. "From now, there will be 10 million ...
Tags: Petrochina, Crude Pipeline, Chemicals
In the January-February period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.047 million mt, up 8.5 percent year on year, as announced by the ...
According to the Ukrainian association of metal producers Metallurgprom, in April this year Ukraine's crude steel production is expected to increase by 0.6 percent compared to February this year to 2.620 million mt. According to ...
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC), the world's second biggest steel producer, has announced the outlines of its mid-term management plan. Accordingly, the company plans to streamline its operations given that ...
Tags: NSSMC, steel producer, Crude Steel
According to the latest 'Bi-Monthly Stainless Steel Briefing March 2013' report issued by Germany-based service centre Damstahl, in 2012 European stainless crude steel production amounted to 7.4 million mt, falling two percent compared to ...
Tags: Stainless Steel, Steel, Metallurgy, Mineral, Energy
Austrian steelmaker voestalpine has announced that it will build a direct reduction plant just outside the city of Corpus Christi, Texas, US. The construction is estimated to take about 15 months to complete. The plant, which will be ...
Tags: Metallurgy, Mineral, Energy, iron
China should take advantage of relatively low coal prices and import more to satisfy electricity demand in its most populous provinces, instead of relying on domestic coal, which is expensive to transport, according to a Chinese government ...
Tags: domestic coal, coal prices, coal
OPEC Tuesday cut its estimate of demand for its crude in 2013 to 29.71 million b/d, down 70,000 b/d from its previous projection. In its latest monthly oil market report, OPEC said it estimated the call on OPEC crude in the first quarter ...
Tags: OPEC, crude oil, oil market
Iranian petrochemical research techniques (PRTC) recently announced that the Iran experts had mastered 40 kinds local skills of petrochemical products. Mr Gholamreza Jokar, the chief of Iran's petroleum and chemical technology company ...
Tags: Arts, Crafts, petrochemical product
LyondellBasell executives, led by CEO Jim Gallogly, told participants at the company's Investor Day in New York how LyondellBasell is preparing to build upon its record 2012 performance which included $5.8 billion of EBITDA and earnings of ...
Tags: Lyondellbasell, Record Performance, Textile
The latest data of the U.S. Energy Department (EIA) showed, supported by rich shale oil field production, U.S. crude oil production has reached the highest level in the nearly 20 years. The mature shale technology helped the United States ...
Tags: United States, liquid fuels, energy