It is learned that Abu Dhabi-based Emirates Steel's heavy sections mill is enlarging its product range, which will include structural steel in the product range. The move is to re-act the growing market of offshore oil and gas sector. CEO ...
Tags: Steel, Construction, Metallurgy, Mineral, Energy, Oil, Gas
It's reported that a new steel mill in southern Iran was inaugurated by the Iranian President on June 27th. The Pasargad steel mill is situated south of the capital Tehran and covers an area of 300 hectares, the total investment is reported ...
Tags: Steel, Metallurgy, Mineral, Energy
Evraz, the top steelmaker in Russia is considering slashing working days to 4 days a week at parts of its ZSMK plant which is one of Russia's largest mills. The sluggish demands for steel together with the approaching slow summer season are ...
Tags: Metallurgy, Mineral, Energy, steel
Taiwan's Gloria Material Technology Corp (GMTC) planned to continue its expansion plan enhance its upstream capacity by half, in spite of the fact that the environmental approval issue. It's learned that GMTC planned to install a new ...
Tags: Metallurgy, Mineral, Energy, taiwan
Russia's gas giant Gazprom does not expect its 2013 retroactive payments to European clients to be significantly above the Rb23 billion ($699 million) level reached in the first quarter of the year, Mikhail Rosseyev, the company's deputy ...
Tags: Chemicals, gas, Metallurgy, Mineral, Energy
Negotiations for the July Asian Contract Price for paraxylene have drawn buyers to make a counterbid of $1,300/mt CFR on Wednesday, almost $200/mt lower than sellers' nominations, sources close to the negotiations said. There are four ACP ...
Tags: oil, Metallurgy, Mineral, Energy, Polyester
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals
China's Shanghai Futures Exchange is hoping its new asphalt futures contract -- to be launched next month -- will revive interest in oil trading on the bourse, after activity on its fuel oil contract fizzled out, Zhang Zheng, SHFE's ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Australia's Sino Gas & Energy Holdings said Wednesday that it has signed its first sales agreement for gas from the Linxing block in central China that allows pilot production to start in December this year. The agreement is for gas to be ...
Tags: Gas, Energy, Metallurgy, Mineral
It is reported that Russian Gazprom, the largest extractor of natural gas and one of the largest companies in the world initiated an international tender on UO steel pipes with increased quantity from 700,000 tons ~ 1,500,000 tons for South ...
Tags: natural gas, Metallurgy, Mineral, Energy
Bri-Chem, a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe and piping products has successfully produced 36" seamless pipe, which is the North America's largest diameter seamless ...
Tags: oil, gas, Metallurgy, Mineral, Energy
China Steel Corp. (CSC), the largest carbon steel producer in Taiwan announced to remain its list prices for electric furnace (EF) Al-killed wire rods unchanged for July on June 24th. It's known that CSC has already cut the prices by ...
Tags: carbon steel, Construction, Decoration, Metallurgy, Mineral, Energy
US propane and propylene stocks rose 3.46 million barrels to 53.12 million barrels the reporting week ended Friday, according to an Energy Information Administration report released Wednesday. The stock increase was well above industry ...
Tags: Metallurgy, Mineral, Energy
Singapore's fuel oil stocks in the week ended June 19 rose to a 39-month high as exports of the heavy distillate -- particularly into China and Hong Kong -- plunged from the previous week, data released Thursday by trade promotion agency IE ...
Tags: Fuel Oil, Metallurgy, Mineral, Energy
Saharan Blend's increased role as a blending crude for the slew of sourgrades headed to Europe has helped the naphtha-rich grade shrug offchronically low naphtha cracks, market sources said Friday. In turn, the Algerian crude has halted ...
Tags: Metallurgy, Mineral, Energy