China's Lihuayi Weiyuan Chemical has increased its ex-works phenol offer by Yuan 100/mt ($16.24/mt), or 1%, to Yuan 10,400/mt on Monday, a company source said. The offer is equivalent to $1,335.31/mt on an import parity basis. The ...
According to the American Iron and Steel Institute, in the week ending May 10, 2014, US domestic raw steel production was 1,843,000 net tons while the capability utilization rate was 76.6 percent. Production was 1,833,000 net tons in the ...
Nigerian crude prices are starting to fall as the remaining 15-20 Nigerian June cargoes struggle to sell due to weakening refining margins, trading sources said Monday. The remaining unsold cargoes are looking to find a home in Europe, ...
Tags: Crude Oil, Nigerian crudes
On Monday, IBM will take the wraps off a portfolio of products for software-defined storage, an area where established vendors and startups alike are already claiming the future has arrived. ‘Elastic Storage’ aims at some ...
Tags: IBM, Storage Product
Monday's USDA-NASS Crop Progress report showed farmers spent last week getting after it, bringing corn and soybean planting up to schedule. Farmers in parts of the Corn Belt have all their corn in the ground and have moved on to soybeans, ...
Tags: Corn, Agriculture, Food
The $156 million final judgment against Nucor Corp. Reliance Steel & Aluminum Co., American Alloy Steel Inc. and JSW Steel (USA), for conspiring to drive competitor MM Steel LP out of business was delayed Monday by US District Judge Kenneth ...
Tags: Metallurgy, Mineral, Energy
First quarter 2014 net sales were $56.9 million, down 31 per cent compared to $82.9 million last year. LeapFrog has revealed the financial results for the first quarter of 2014 that ended March 31st, 2014. First quarter 2014 net sales ...
Tags: LeapFrog
China’s manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world’s No. 2 economy is bottoming out. HSBC’s purchasing managers’ ...
Despite shutdown of nuclear power plants, Japan is not expected to raise its thermal coal imports significantly over the next five-seven years, as existing coal-fired power plants are running at high rates and new facilities are still on ...
Tags: Thermal Coal, nuclear power plants
China is expected to increase its coal-fired capacity in 2014 and 2015 to maintain power supply security, but that might not significantly boost thermal coal prices as the market is oversupplied, analysts at UBS Securities said in a ...
Tags: Coal-Fired Capacity, Thermal Coal
After a week of what in spots felt more like March, the first full week of May will likely see a lot of planting and other fieldwork throughout the nation's center, allowing farmers a lot of catch-up time in what's started out as a virtual ...
Farmers got 10% of the nation's corn crop planted in the last week. That's not bad considering the cool, damp conditions up to this week, but it's still well off the normal pace, according to Monday's weekly USDA-NASS Crop Progress report. ...
Tags: corn crop, Corn Planting
On May 6, China's Ministry of Commerce (MOC) announced that during last week (April 28-May 4) 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 ...
Tags: Finished Steel, welded pipe
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday lowered by 15.2 cents, or 14.01%, to an eight-week low of 93.34 cents/gal, a review of US Department of Agriculture and Platts data ...
Tags: Ethanol, dry-mill ethanol
China's Jiuquan Iron & Steel has cut its high carbon ferrochrome purchase price by Yuan 100/mt ($16/mt) on the month to Yuan 6,500/mt (80 cents/lb), including 17% VAT, for May deliveries, industry sources said Monday. The drop was larger ...
Tags: Jiuquan Steel, Ferrochrome