The latest DAT North American Freight Index saw spot market freight volumes rise 0.5% in July, marking the first time since the index was established in 1996 that July posted stronger volumes than June. The average month-over-month ...
Tags: Transportation, Freight
It’s reported that the spot prices of heavy plates did not increase as well after the US steelmaker announced to hike the heavy plate prices by US$33/ton. With the enough stock from the local stockiest, the customers were not ...
Tags: Heavy Plate Price
China's move to slap retaliatory antidumping tariffs on solar polysilicon imported from the US and South Korea will cause only a slight increase in domestic pricing for the material, according to IHS. The Ministry of Commerce in China ...
Tags: solar polysilicon
Record-high styrene prices in Asia are likely to begin attracting regular US export deliveries away from Europe, where demand has been cooling, European sources said this week. Rising prices in Asia mean that the region has now overtaken ...
Tags: Record-high styrene, Chemicals
West Chester, Ohio-based flat rolled steelmaker AK Steel reported Tuesday a net loss of $40.4 million for Q2 2013, ended June 30, 2013, compared to a net loss of $724.2 million for Q2 of 2012. Net sales for Q2 2013 were $1.4 billion on ...
Tags: AK Steel, Carbon Spot Market
TransCore's Canadian Freight Index continues to fluctuate through 2013, most recently posting a 7% decline in June. The latest data continues the up-and-down trend that's been seen throughout the year. June's freight availability on ...
Tags: Transportation
US polypropylene contracts for June were settling this week at a 3-cent/lb ($66/mt) increase, following a similar hike on feedstock propylene, sources said Friday. The 4% increase pushed homopolymer injection grade polypropylene to 74-75 ...
Tags: Polypropylene, Chemicals
The premium of styrene over benzene in the Northwest European market rose to a nine-month high of $448/mt Thursday as spot price trends between the feedstock and its derivative diverged, Platts data showed. The premium, assessed Thursday, ...
Tags: Styrene Premium, Chemicals
The benzene price in the European spot market sank to a 13-week low Thursday after a week of a sharp -- around $100/mt -- downward correction. Barges for the delivery in ARA region 3-30 days forward were assessed at $1,238/mt at ...
Russia's Gazprom has no plans to link the price of gas to be supplied to China under a long term contract to US spot gas prices, the company said in a statement Wednesday, citing Gazprom CEO Alexei Miller. "[Price of] gas supplied to ...
Tags: China, Russian Gazprom, Gas
Ohio-based AK Steel forecasted that its shipments would be at around 1.34 million~1.36 million net tons in the second quarter of this year, up by around 4%~5% in comparison of 1.289 million net tons in the first quarter. Besides, the ...
Tags: Steel, Construction
China's pending move to slap anti-dumping tariffs on imported solar polysilicon from key countries will generate a surge in pricing for this key raw material in June and July, but the magnitude of the increase will be limited by market ...
Tags: Solar Polysilicon, tariffs
Sustained weak demand from North Asian LNG end-users, reflected in the slump in spot prices, has shown little sign of recovering despite the start of the traditionally stronger summer season. Coming out of the April-May shoulder months, ...
Tags: Chemicals
The spot market for Asian isomer-grade mixed xylenes is likely to shrink to a third of its current size next year as a major spot seller diverts a large chunk of its product into making paraxylene, market sources said Thursday. "The ...
Tags: Chemicals, spot market
The May US contract price for acetone has settled at a rollover of 58.50 cents/lb ($1,289.69/mt), sources said Wednesday. The settlement came as no surprise according to market participants because of firm acetone pricing and market ...
Tags: CP Settlement, Chemicals