The ferrous scrap market in eastern China remained quiet this week, keeping in step with the rebar market's trend. Demand from steelmakers has not fully recovered as the finished steel markets have remained sluggish. Media reports that ...
The ferrous scrap market was stable in eastern China this week, in tandem with the finished steel and rebar futures markets, market participants said Friday. Most traders were bearish, expecting further price cuts in the short term. ...
Tags: Ferrous Scrap, Rebar, finished steel
State-owned PetroChina lost some Yuan 49 billion ($7.9 billion) last year importing natural gas from foreign suppliers and selling it at lower domestic prices in China, the company revealed Thursday when it released its 2013 financial ...
Tags: Natural Gas, PetroChina, pipeline gas
East China's ferrous scrap prices fell sharply this week amid weaker raw material, finished steel and steel futures markets in the first-half of the week. Platts assessed heavy scrap over 6 mm at Yuan 2,320/mt ($377/mt) on a delivered ...
Tags: Ferrous Scrap, Raw Material, Steel Markets
Chinese steelmakers cut their scrap purchase prices steadily this week, following the downward trend in futures and steelmaking raw materials markets, led by Shagang Group, the country's largest scrap consumer in eastern China's Jiangsu ...
Tags: Steelmakers, Iron Ore, raw materials
China's recent move to digitally tag fuel cargoes to clamp down on the widespread practice of declaring crude purchases as fuel oil to evade taxes is already seen to be curbing demand for heavy Venezuelan Merey crude from teapot refiners in ...
Tags: Curbing Demand, Tax Change
The UK plans to ban retailers from selling alcohol at below-cost prices before the start of the FIFA World Cup finals this summer, in an attempt to limit excess drinking. The Government has established 'cost' as the amount of 'duty plus ...
Tags: Cheap Alcohol Sale, alcohol
Textile exporters from Pakistan have expressed disappointment on the withdrawal of zero-rating regime for the export-oriented sector stating that the withdrawal is adversely affecting exports at a time when huge amounts of Sales Tax Refunds ...
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has signed a ...
The Industrial Price Index (IPRI) for Spanish textiles increased by 0.8 percent year-on-year in November 2013, according to the data released by the National Statistics Institute (INE). The IRPI registered in the month of November is ...
Tags: Textile Industry, Price Index
Not many thermal coal buyers are looking to conclude deals for imported material this week with Chinese Lunar New Year holidays approaching, sources said Monday. "The delivery window before the Lunar New Year is closed," a source at a ...
Tags: Thermal Coal, Imported Material
Textile mills turn to buy cheaper Indian cotton yarn to cut costs Affected by adverse weather, a reduced planting area and lower Indian cotton prices, China's cotton output is expected to drop sharply this year compared with 2012, which ...
China is extending an existing tax exemption on imported gas to new sources of foreign pipeline gas and imported LNG. The Ministry of Finance announced on Monday that the tax exemption will be granted to pipeline imports from Myanmar, ...
After six years of continuous decline due to economic crisis, sales of textiles in Spain, is estimated to grow by 2 to 4 percent year-on-year during the Christmas season, according to the Business Association of Textile and Accessories ...
Tags: textiles sales, Fashion products
EZZ steel, Egyptian-based steel producer released its carbon steel hot rolled coil domestic and export prices for November. Its latest ex-work price of hot rolled coil (HRC) is unchanged since October about US$624/ton included 11% of ...
Tags: EZZ Steel, HRC Export Prices