The first vessels of 2014 carrying iron ore to the US Steel Gary sheet mill in Indiana arrived this week, but the mill is still operating at limited capacity, the company said Tuesday. A spokeswoman for US Steel said four boats carrying ...
Tags: Sheet Mill, crude steelmaking
Germany-based long steel producer Saarstahl has announced its financial and operational results for 2013, reporting a pre-tax loss of €131 million, compared to pre-tax earnings of €9 million in the previous year. In 2013, the ...
Tags: Metallurgy, Mineral, Steel
JSW Steel, one of the largest Indian steelmakers, produced 12.7 million mt of crude steel in the financial year 2013-14 ending March 31, posting a 43 percent year-on-year increase. According to the company's statement, in the given period ...
Tags: Crude Steel, JSW Steel, steelmakers
Indian steelmaker Tata Steel has announced that its crude steel output for the financial year 2013-14 ending March 31 amounted to 9.15 million mt, increasing by 12.55 percent year on year. The company's liquid pig iron output in the given ...
Tags: Tata Steel, Crude Steel, steel output
Singapore 380 CST high sulfur bunker fuel prices dipped to a 21-month low of $586/mt Wednesday, on the back of weak demand and bearish crude. The outright price was last lower June 29, 2012, when it was $578.50, Platts data showed. ...
Tags: fuel, Metallurgy, Mineral, Energy
FKuR has been on a growth spurt. The company's flagship bioplastic, Bio-Flex, is a blend of blends of co-polyester and PLA with a very high content of natural resource material, and comes in thirteen grades. Each Bio-Flex packaging film ...
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in March this year it produced 704,000 mt of pig iron, down 24.02 percent, 749,800 mt of crude steel, down 19.14 percent, and 680,000 mt of ...
Tags: Crude Steel, Steel, finished steel, Metallurgy, Mineral
According to the Japanese Ministry of Trade (METI), Japanese demand for crude steel in the second quarter of the current year is expected to total 27.01 million mt, decreasing by 1.2 percent from the first quarter output forecast, with an ...
Tags: Crude Steel, steel exports, motor vehicles
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded a net loss of RMB 2.338 billion ($383.28 million), as compared with a net profit of ...
Tags: Steel, Iron, Hongxing Steel
Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...
Tags: Low-sulfur crude, refinery, crude
While current traded prices for L8 and L10 steelmaking pig iron in northern China's Hebei province have slipped since March 3, the market is likely to see higher traded values in the coming weeks with some offers seen rising by as much as ...
Tags: Pig Iron, steel mills, Iron
In the January-February period of the current year, China's crude steel output amounted to 130.8 million mt, up 1.7 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in question ...
Tags: Metallurgical Coke, crude steel, steel, Metallurgy, Mineral
According to Statistics Canada, the Industrial Product Price Index (IPPI) rose 1.0 percent in February, mainly because of higher prices for energy and petroleum products. The Raw Materials Price Index (RMPI) increased 5.7 percent, led by ...
Tags: Raw Material, Industrial Product
NYMEX May crude settled $1.84 lower at $99.74/barrel Tuesday on expectations of another build in US crude stockpiles and bearish data from China and Europe. ICE May Brent settled $2.14 lower at $105.62/b. The Brent-WTI spread settled at a ...
Tags: Oil Futures, crude, NYMEX
The premium of Indonesian Minas crude to front-month May ICE Brent futures fell to a one-month low of 4 cents/barrel on Tuesday after offers from Chinaoil in the Platts Market on Close assessment process failed to elicit buying interest. ...