Chinese sportswear brand 361 Degrees (361°) would be investing 33 million real to enter the Brazilian market, Xinhua International reported quoting Sao Paulo newspaper. As per the report, 361 Degrees plans to set up 10 ...
Tags: Sportswear, Brazilian market
The European premium of ETBE over MTBE -- two gasoline components -- hit a two-and-a-half-year high of $166/mt Tuesday, as imports from Brazil fell, according to market sources. Platts assessed ETBE barges for spot delivery at $1,277/mt ...
Tags: gasoline, spot market
The Brazilian Ministry of Development, Industry and Foreign Trade has announced that it has found preliminary evidence of dumping in seamless pipe imports from Ukraine. The antidumping duty investigation was launched in February this ...
Tags: Seamless Pipe, antidumping duty
Australia-based Cabral Resources plans to obtain all the environmental permits it needs for its Sincora iron ore project in the state of Bahia, Brazil, by September this year, the company announced this week. “Cabral is currently ...
Tags: Iron Ore, Cabral Resources
Brazil's government is expected to announce Wednesday an increase to the volume of biodiesel mixed with diesel sold at the pump, boosting demand for the biofuel and likely lifting the flagging fortunes of local producers, officials for two ...
Tags: Biodiesel, Biodiesel producers
Sweden-based special steel producer Ovako has announced that the commercial court of Nanterre in France has made a decision regarding the bid concerning the assets of French engineering steel producer Ascometal in favor of the French ...
Tags: Bankrupt Ascometal
The fuel oil hi-lo spread -- the premium of 1% FOB NWE cargo swaps over 3.5% FOB Rotterdam barges -- has moved above $60/mt for the first time since April 1 on supply worries, sources said Thursday. The physical hi-lo was assessed at ...
Tags: Fuel Oil, physical hi-lo
According to the Brazil Steel Institute (IABr), Brazilian crude steel production in the first four months of the current year amounted to 11.13 million metric tons, 0.1 percent higher year on year. In the same period, Brazilian rolled steel ...
Tags: Steel Exports, crude steel
In March this year, Brazilian miner Vale's iron ore export volume totaled 22.47 million mt, increasing by 13.75 percent year on year, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). ...
Tags: Vale, Iron Ore Exports
The US shale gas and oil boom of recent years is "very profound, but sometimes taken out of proportion," International Energy Agency chief economist Fatih Birol said at the Flame conference in Amsterdam Tuesday. Birol said that of the ...
Brazil's iron ore export volume amounted to 24.70 million mt in April this year, increasing by 0.49 percent compared to March and up 5.81 percent compared to the same month of 2013, according to the information released by the Brazilian ...
Tags: iron ore export, export volume
On May 20, the China Iron and Steel Association (CISA) announced that in April this year China's Ministry of Commerce issued import licenses for a total of 108.8685 million mt of iron ore, down 3.87 percent month on month, valued at $11.892 ...
Tags: Iron Ore, Iron Ore Import
The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
According to the Brazilian management science research institution - Fundacion Getulio Vargas index, in April Latin American's business environment is actually fell to the October of 2013. The economic climate index of this foundation is at ...
Tags: Economy, Business Environment
AkzoNobel's new €80 million Imperatriz Chemical Island in Brazil is now operational and has started supplying the Suzano Maranhão Pulp Mill in northern Brazil. Operated by the company's Pulp and Performance Chemicals business, ...
Tags: Construction, Chemicals