High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year of 2013, reporting an operating profit of €8 million in the fourth quarter, compared to an operating loss of €34 million in ...
Tags: steelmaker, Ruukki
According to the Economic and Steel Market Outlook 2014-2015/Q1 2014 Report from the Economic Committee of the European Steel Association (EUROFER), EU steel tube output fell 6.8 percent year on year in the third quarter of 2013. EU steel ...
Tags: steel tube output, transport costs
Dry conditions make us step back and re-evaluate our operations. You've always turned out pairs on summer grass, but what if the summer grass didn't grow? You have made tough decisions and wonder now, with wetter conditions, how you should ...
Tags: Agriculture News, Farming News, Ranching
Chinese domestic thermal coal prices have fallen further, fuelling speculation that some power utilities might be looking to walk away from existing contracts for imported material, sources said Monday. "I have heard rumours maybe that ...
Tags: Thermal Coal, Domestic Prices
Electrolytic manganese metal prices have risen as increased domestic demand coupled with reduced run rates at most plants tighten supplies further, sources said Thursday. Platts assessed 99.7% manganese at $2,170-2,220/mt FOB China ...
Tags: Domestic Demand, metal prices
In December last year, the purchasing managers index (PMI) of the Chinese steel sector stood at 47.7 percent, decreasing by 1.3 percentage points as compared to November and remaining below 50 for the fourth consecutive month, as announced ...
Tags: steel, metallurgy
China's apparent oil demand in November contracted 2.1% year on year to 40.88 million mt, or an average of 9.99 million b/d, according to Platts calculations Thursday based on final government data released Tuesday. This is the second ...
Tags: Oil Demand, Oil Product
The National Pork Board suggests heightened biosecurity and stepped up communications are key to the containment and eradication of a Porcine Epidemic Diarrhea outbreak that's spread throughout the United States. As expected, the onset of ...
Tags: biosecurity, food
Texas A&M AgriLife Extension Service economists recently provided 2014 projections for major commodities produced in Texas, with many pointing to past drought conditions as a key factor in making or breaking a crop. The Plains region of ...
Tags: Agriculture, Food
Privately owned Shagang Group, China's biggest steel scrap consumer, expects to utilize 5.5 million mt of scrap this year -- or about 15,000 mt/day -- an increase of 500,000-800,000 mt, or about 13%, from last year, a company source said ...
Tags: steel, metallurgy
China's manufacturing purchasing managers' index (PMI) dipped to 50.8 in November, beating the flash estimate of 50.4, a HSBC survey showed on Monday. However, the final reading of the HSBC November manufacturing PMI was down a notch from ...
Tags: Manufacturing PMI, HSBC
The HSBC purchasing managers' index (PMI) for China rose to a final reading of 50.8 in November, almost unchanged from the 50.9 recorded in October and up from the previously released flash estimate of 50.4 for November, HSBC Holdings PLC ...
Tags: manufacturing, PMI
Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
A new study, “UPS Pulse of the Online Shopper for Automotive Parts & Accessories Buyers,” highlights new findings about online consumers that can help aftermarket automotive suppliers compete more effectively. The primary ...