On April 22, China's Ministry of Commerce (MOC) announced that during last week (Apr. 14-20) the overall average finished steel price in China declined by 0.1 percent compared to the previous week. In the given week, the average prices of ...
Tags: Finished Steel, hot rolled strip, round bar
Yemen's crude oil exports in February fell to 800,000 barrels, from around 2 million barrels in January as repeated attacks on oil pipelines led to halts in crude production, official new agency Saba reported Saturday, quoting a report by ...
South Korea is working on a mid-term plan to explore oil and gas reserves off the country's coast as part of efforts to help reduce its heavy reliance on foreign crude imports, an energy ministry official said. "The government plans to ...
Tags: Oil, LNG, foreign crude imports
In March this year, Japanese crude steel production was up 15.1 percent compared to the previous month, while it increased by 2.9 percent year on year, totaling 9.73 million mt, according to the data released by the Japan Iron and Steel ...
Tags: Crude Steel, Metallurgy, Mineral, Energy
Russia has agreed to ship 23 million mt of crude to Belarus this year, a spokeswoman for the Russian Energy Ministry said Friday. Russia is planning to ship 21 million mt by pipeline and a further 2 million mt by rail this year, the ...
Tags: Crude, oil products
Indian refining and petrochemical giant Reliance Industries Ltd. Friday reported a 7.9% year-on-year decline in its gross refining margin for the January-March quarter, to $9.30/barrel. However, the company showed an increase of 22.3% ...
Tags: refining, petrochemical, refined products
Russian gas giant Gazprom has sent the first cargo with crude produced at the Prirazlomnoye offshore field -- the country's only Arctic offshore hydrocarbon project -- to the international market, the company said Friday. "ARCO, or Arctic ...
Tags: Gazprom, crude, Arctic Oil
Australian exploration and production company Santos produced 12.2 million barrels of oil equivalent in the first quarter of 2014, up 1% year on year, the company said Thursday. Santos attributed the rise to increased oil output following ...
Tags: Gas production, LNG, Crude oil
On April 18, the China Iron and Steel Association (CISA) announced that in early April (Apr. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.747 million mt, up ...
Tags: Crude Steel, Iron, Steel
In January this year, European stainless crude steel production decreased by three percent to 670,000 metric tons, with German production decreasing by 19 percent, Sweden's production down four percent and Slovenia's production up 24 ...
According to the State Statistics Committee of Russia (Russtat), in the first three months of the current year Russia registered a 1.1 percent decline in its rolled steel product output to 14.6 million mt and a one percent decrease in its ...
Tags: Metallurgy, Mineral, pig iron, steel
In March this year, Moldavian Metallurgical Works (MMZ), a steelmaker based in the Transnistrian region of Moldova, produced 31,903 mt of crude steel and 35,033 mt of rolled products, including 21,041 mt of reinforcing bars and 13,992 mt of ...
Tags: Crude Steel, Steel, Metallurgy, Mineral, Energy
US crude stocks jumped 10 million barrels last week -- the largest build in 13 years -- on a surge in imports and lower refinery run rates in the US Gulf Coast, data from the US Energy Information Administration showed Wednesday. The ...
Tags: Crude Stocks, lower refinery
On April 15, China's Ministry of Commerce (MOC) announced that during last week (Apr. 7-13) the overall average finished steel price in China rose by 0.6 percent compared to the previous week. In the given week, the average prices of ...
Tags: Metallurgy, Mineral, Energy, Finished Steel, Steel
In the first quarter of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.4073 million mt, down 12.7 percent year on year, as announced by the ...
Tags: Crude Steel, Steel