In the first quarter this year, Turkey's finished steel output increased by 2.9 percent to 8.74 million metric tons, despite the 0.5 percent decrease in the country's crude steel output in the given period to 8.43 million metric tons, both ...
Tags: Finished Steel, long products
In the first quarter this year, Turkey's scrap imports increased by 1.2 percent to 4.40 million mt, valued at $1.70 billion, down 1.2 percent, while the country's domestic scrap supply volume decreased by 3.4 percent to 2.88 million mt, all ...
Tags: Scrap Imports, scrap
US crude stocks climbed 3 million barrels to 391.7 million barrels in the week that ended April 25, as inventories at the Cushing, Oklahoma, delivery hub rose, data Tuesday from the American Petroleum Institute showed. Analysts polled by ...
Tags: Crude Stocks, USGC imports
Nigeria has emerged as the second-largest importer of US jet fuel and has also started bringing in atypical US kerosene barrels, according to data released Tuesday by the US Energy Information Administration. Nigeria imported 864,000 ...
Tags: Jet Fuel, jet trader
"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
In March this year, Spanish crude steel output amounted to 1.3 million mt, up 4.1 percent year on year and increasing by 5.6 percent compared to February, according to the Spanish steelmakers association Unesid. Meanwhile, in the first ...
Tags: Steel Product, steel use
Swedish specialty steel producer SSAB has posted its financial results for the first quarter of the current year, reporting a net loss of SEK 49 million ($7.5 million) for the given quarter, compared to a net loss of SEK 137 million in the ...
Tags: specialty steel, steel market
In the first quarter of the current year, China's production of pig iron, crude steel and finished steel amounted to 179.71 million mt, 202.70 million mt and 261.41 million mt, respectively, up 0.14 percent, 2.37 percent and 5.3 percent ...
Tags: Steel Output, Crude Steel
According to the Brazil Steel Institute (IABr), Brazilian crude steel production in the first quarter of the current year amounted to 8.32 million metric tons, 1.5 percent higher year on year. In the same period, Brazilian rolled steel ...
Tags: Steel Exports, steel import
The physical North Sea market is strengthening against the paper market, reaching a six-week high on Friday and bid higher Monday, as the return of some refineries from maintenance adds to crude demand, while less output than expected is ...
Tags: Physical Crude, Increased Demand
In the first quarter this year, French crude steel output increased by 2.9 percent year on year to 4.09 million mt, according to the latest data released by the French Steel Federation (FFA). Meanwhile, in March this year, French crude ...
Tags: Crude Steel, cCrude Steel
On April 28, the China Iron and Steel Association (CISA) announced that in mid-April (Apr. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.749 million mt, up 0.1 ...
Tags: Metallurgy, Mineral, Energy, Steel, Crude Steel, Iron
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
On April 24, Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced that in 2013 it achieved an operating revenue of RMB 70.47 billion ($11.5 billion), down 3.87 percent year on year, while it ...
Tags: steelmaker, Iron, Steel