The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital intensive and competitive nature of the steel industry. Steel margins are relatively weak and in our ...
Tags: OAO Severstal, steel industry, Russia, steel
It is reported that analysts at Goldman Sachs have cut coking coal prices, saying that they see a slower, longer grind back to mid cycle. Goldman cut 2013 met coal prices by 8% to USD 178 per tonne Goldman cut 2014 met coal prices ...
Tags: coking coal prices, mid cycle, prices
PTI reported that Jindal Steel and Power expects to start supplying coal from its Mozambique cearly next year. Mr Naveen Jindal CMD of JSPL on the sidelines of a function said that “We were scouting for mines in Mozambique five to ...
Tags: Jindal Steel and Power, steel, power, mine
The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction
Mr Beni Prasad Verma the union minister of Steel met with Mr Martin Ferguson the minister for Resources, Energy and Tourism, Government of Australia, when the latter called upon the Steel Minister to discuss issues related to greater ...
Tags: tourism australia, steel supplies, mining gold, calls to india
Market is abuzz about a Q1 deal at USD 165 per tonne of Peak Downs coal by BHP. Coming under shadow of an expected roll over of Q4 price at USD 170 per tonne it has punctured façade of confidence building up recently. Surfing the ...
Tags: spot market, quality coke, steel mills
OAO Mechel of Russia's largest coking coal producer won a tender for 55% of OAO Vanino Commercial Sea Port on the Pacific coast outbidding investor Mr Oleg Deripaska's En+ Group. VTB Capital the sale organizer said that Mechel offered RUB ...
It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 20 fell and 58 remained unchanged on 07/12/2012.The largest rises were PTA (1.22%),PET (0.96%),Coke (0.83%),while the largest falls were ...
Tags: commodities, spot commodities, largest rises
(i) GDP Data In 2005 the GDP of Zhejiang province was 1,336.5 billion RMB, among which the added value from the primary industry was 87.3 billion RMB, the added value from the secondary industry was 714.7 billion RMB, the added value from ...
Tags: Zhejiang province, survey, economy, investment
II . Economy i. Data of GDP The total output value of Shanxi Province in the year 2005 reached RMB 412.12 billion Yuan, Per capita gross output valve was RMB 12,320 Yuan, which is equivalent to US $1,530 according to the current ...
Tags: Shanxi, business, introduction to Shanxi, Shanxi economy, survey
AAP reported that shares in Aquila Resources fell more than 3% on November 30th after the company said it could reduce its costs by USD 2.4 billion. The minerals explorer said that there was potential to reduce capital costs from USD 7.4 ...
Tags: Aquila Resources, West Pilbara, iron ore
It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 29 fell and 50 remained unchanged on 04/12/2012.The largest rises were Soybean meal (1.08%),PET (0.98%),LLDPE (0.78%),while the largest ...
Tags: Spot Commodities Price, 100 Spot Commodities, Commodities Price
It was assessed by SunSirs that in the tracked 100 spot commodities,27 commodities increased in prices, 33 fell and 40 remained unchanged on 03/12/2012.The largest rises were Nickel (2.95%),Hydrochloric acid (2.94%),Bromine (1.27%),while ...
Tags: Spot Commodities Price, commodities Price, spot commodities
Of the total coal exported from Port Waratah Coal Services' terminals at Newcastle port last month, 20% comprised coking coal -- around double from October's monthly volume -- as exporters stepped up their flow of higher-value coal cargoes ...
It was assessed by SunSirs that in the tracked 100 spot commodities,18 commodities increased in prices, 26 fell and 56 remained unchanged on 20/11/2012.The largest rises were Nickel (1.57%),Silver (1.43%),Acetone (1.17%),while the largest ...
Tags: price, Spot Commodities, mineral