Profits earned by steelmakers in China's Hebei province in 2012 amounted to RMB 85.06/mt ($13.6/mt), far exceeding the average profit of RMB 2.68/mt ($0.43/mt) of medium and large steelmakers in China, as announced by provincial government ...
Tags: Steelmakers, Steel, steel exports
Asian butadiene prices hit a more than six month high Monday on tight availability amid the startup of new synthetic rubber plants in China and higher naphtha feedstock costs. Butadiene prices surged 44% from a 2012 low of $1,455/mt FOB ...
Tags: butadiene prices, synthetic rubber, Asian naphtha prices
Gulf Keystone notes today’s update by MOL Hungarian Oil and Gas Plc., the operator of the Akri-Bijeel Block in the Kurdistan Region of Iraq (in which Gulf Keystone has a 20 per cent working interest), on its extensive exploration and ...
Tags: New Oil, Iraqi Kurdistan, Gulf Keystone
Reportedly, Chile's CAP Acero, the steel arm of the CAP group, announced to temporary shutdown its No. 1 blast furnace on Monday in order to replace its refractory lining. Meanwhile, the maintenance schedule will take at least 70 days ...
Taranto-based Italian steel producer Ilva has announced it is preparing to launch the massive investment plan needed to modernize its production facilities in accordance with the Environmental Integrated Authorization (EIA) issued by the ...
Tags: steel producer, steel, hot rolling
According to the World Steel Association (worldsteel), in January this year the crude steel output of 62 countries surveyed across the globe reached 124.8 million mt, increasing by 0.8 percent on year-on-year basis. Total global crude steel ...
Turkey's largest steelmaking group Eregli Demir ve Celik Fabrikalari TAS (Erdemir) has announced its financial results for the full year 2012. In 2012, the net profit of the company amounted to TRY 424.18 million ($238.85 million), down ...
Tags: steelmaking group, steelmaking, steel
According to data released by the National Statistical Committee of the Republic of Belarus, in January of the current year the value of metallurgical production in Belarus increased by 3.3 percent compared to the same month last year to ...
Crude exports from OPEC kingpin Saudi Arabia fell to 7.062 million b/d in December last year, the lowest level since September 2011 when exports averaged 6.813 million b/d, data from the Joint Organizations Data Initiative, or JODI, show. ...
Tags: Crude exports, crude production, crude
The Australian steelmaker Bluescope Steel posted a net loss of AUD12 million in the first half of fiscal year 2012/13 ended on December 31st, in comparison of a net loss of AUD530 million in the same period of a year ago. In the first ...
Tags: steelmaker, Bluescope, Steel
Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Co. has announced that in 2013 it plans to produce 14.8 million mt of pig iron,15.51 million mt of crude steel and 15.07 million mt of finished steel.Meanwhile, the company ...
Tags: Valin Steel, finished steel, steel
In January this year, Japanese crude steel production increased by 3.5 percent compared to the previous month, while it was up by 2.7 percent year on year, totaling 8.86 million mt, according to the data released by the Japan Iron and Steel ...
Tags: Japan, Crude Steel Output, Mineral
On February 20, China’s Ministry of Commerce announced that in January this year the country’s exports of mechanical and electrical products saw a month-on-month rise of 25.1 percent to $105.81 billion. In the same month, ...
According to the latest data released by the Swedish Steel Producers' Association (Jernkontoret), in January this year Swedish crude steel production amounted to 370,600 metric tons, decreasing by 10.6 percent year on year and up 18 percent ...
Beijing-based Chinese steel giant Shougang Group has announced that in January of the current year the outputs of pig iron, crude steel, finished steel and iron ore concentrate at its subsidiary Shougang Tonggang Group were equivalent to ...
Tags: Shougang Tonggang, steel giant, steel