Competitively-priced cargoes of Indonesian thermal coal added to the downward pressure on Chinese spot prices Wednesday, with a Panamax spot cargo of Kalimantan 5,500 kcal/kg NAR coal heard placed into south China at $83/mt CFR basis, ...
Tags: Coal, thermal coal, Metallurgy, Mineral, Energy
Reviews of offshore oil and gas exploration plans and approval of drilling permits may be delayed by mandatory across-the-board budget cuts known as a "sequester," US Bureau of Ocean Energy Management Director Tommy Beaudreau said ...
Tags: Metallurgy, Mineral, Energy, oil, gas
China Petroleum and Chemical Corp., or Sinopec, slashed its ex-works prices for butadiene in East China by 7% effective late Tuesday, market sources said Wednesday. Butadiene offers from Sinopec's subsidiaries across East China -- Yangzi ...
Tags: Metallurgy, Mineral, Energy, Petroleum
The Australian Bureau of Resources and Energy Economics (BREE) has revised its estimations for Australian nickel production in 2012-13. According to the latest estimates, world refined nickel production increased to around 1.7 million mt in ...
Tags: Metallurgy, Mineral, Energy, nickel
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's coking coal imports rose by 11.9 percent year on year but decreased to the lowest level recorded since January last year to 2 million ...
Tags: Coking Coal, Metallurgy, Mineral, Energy
Brazil-based ArcelorMittal Vega, part of the global steel giant ArcelorMittal, has announced that it has completed a $10 million investment to install new post-treatment technology on its galvanizing line No. 1. The new technology ...
Tags: Metallurgy, Mineral, Energy, steel
On March 22, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that its rail and beam plant has supplied its first 60 kg/m steel rails from its rolling line No. 2, delivering a total of 2,447 mt of ...
Tags: Metallurgy, Mineral, Energy, steel, Iron
Shanghai-based Chinese steel giant Baosteel has announced that, with the delivery of a final batch of welded pipe, it has completed its total supply of 87,000 mt of line pipe to China National Offshore Oil Corp. (CNOOC) for the 3-1 gas area ...
Tags: Metallurgy, Mineral, Energy, steel
Reportedly, the Chinese steelmaker Tangshan Steel, a subsidiary of Heibei Steel has inked agreement to acquire 10% stakes at Swiss-based Duferco International Holding, the world's largest steel trader, in order to expand its business fields ...
Tags: Metallurgy, Mineral, Energy, steel, Tangshan Steel
Reportedly, Baosteel Stainless announced to cut its domestic prices for austenitic stainless steel coils for April in order to reflect lower nickel prices and weak demand. The company decided to cut its domestic prices for 304 grade hot ...
Tags: steel, Metallurgy, Mineral, Energy, Baosteel
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices for electric furnace (EF) Al-killed wire rods unchanged for April. After the announcement, the company's list prices for EF Al-killed wire ...
Tags: Metallurgy, Mineral, Energy, steel
Altius Minerals, a mining company in Canada announced its financial result for the first nine months and the quarter ended on January 31st, 2013. In the January quarter, Altius Minerals registered a net loss of CAD3.62 million, slumping ...
Tags: Minerals, steel, Metallurgy, Mineral, Energy
It is reportedly that giant steelmaker of long product Gerdau announced this week that they acquired the remaining stake of its joint venture partner Kalyani Steels at its first plant in India's Andhra region. The plant has an installed ...
Tags: Metallurgy, Mineral, Energy, steel
Japan exported 3.6 million tons of iron and steel products in February, remaining flat from a month ago while rising by 12.8% year on year, according to data released by the Japanese Ministry of Finance. Meanwhile, the country's export ...
Tags: Metallurgy, Mineral, Energy, steel, Steel Exports
US crude oil imports in February fell 770,000 b/d year on year, or 9%, to average 7.8 million b/d -- their lowest level in 16 years, the American Petroleum Institute said Thursday. Total crude and refined product imports fell in February ...
Tags: crude oil, oil, Metallurgy, Mineral, Energy