The FOB US Gulf methanol spot assessment fell to a seven-month low of $1.42/gal ($472.86/mt) Monday as imports reached US shores and spot buyers were difficult to find in the US market, sources said. Monday's assessment was down 5.5 ...
Tags: Methanol Price, US prices
Ethanol output in Brazil's key center-south region was 167.854 million liters (44.342 million gallons) in the second half of March, up 665% from the first half of the month, according to data released Tuesday by trade group Unica. The ...
Tags: Ethanol Output, sugar mills
On-going supply difficulties continue to support US steel sheet pricing, though market sources were divided Monday as to whether a peak had been reached. One large-volume hot-rolled service center buyer said there's "nothing out there" ...
Tags: Steel Sheet, automobile
Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
Malaysia has approved a 20% increase in natural gas prices for industrial and commercial sectors in the west of the country, effective May 1, in order to reflect the cost of procuring more expensive imported LNG. Domestic natural gas ...
Tags: natural gas, LNG Cost
Canada's total crude oil output is expected to reach 3.9 million b/d in 2015, some 500,000 b/d more than the current output, driven primarily by small in-situ oil sands developments, each typically 35,000-40,000 b/d, an industry official ...
Tags: Oil Output, oil sands
Improving Energy Efficiency and ROI for Forge Presses Creating 7 million lb of pressure to bear on heated metal billets is noisy and hot. For the customer, powerful hydraulic pressure comes with high electrical energy cost and wear and ...
Tags: Industrial Equipment, Components
People eat more breakfast cereal, by weight, when flake size is reduced, according to researchers from Penn State University. The study, which was published in the March 2014 edition of the Journal of the Academy of Nutrition and ...
Tags: Agriculture, Food
In the first quarter of the current year, direct supplies of steel scrap by rail to Russian metallurgical companies and pipe plants totaled 2.14 million mt, down 2.8 percent year on year and constituting the lowest first quarter volume the ...
Tags: Steelmakers, steel scrap
In March this year, production and sales of automotive vehicles in China amounted to 2.2017 million units and 2.1691 million units, up by 34.4 percent and 35.8 percent month on month respectively, as stated by the China Association of ...
On April 14, Mika Seitovirta, CEO of Finland-based stainless steel producer Outokumpu, stated at the company's annual general meeting that in 2013 the weaker-than-expected market and the remedy requirement set by the European Commission ...
Tags: Outokumpu, stainless steel
Strong market fundamentals lead to 30 per cent rise in investment sales volumes. Investment activity has surged to produce a $1 billion result in the first half of 2014, up from $661 million recorded in second half of 2013, according to ...
Tags: Service, Manufacturing, Economy
China's crude oil imports in March edged up 0.9% year on year to 23.25 million mt or an average 5.5 million b/d, according to preliminary data released Thursday by the General Administration of Customs. The imports were down 8.8% from ...
China's copper stocks continued to slip for the fourth consecutive week in Shanghai Futures Exchange warehouses. Copper inventories stood at 142,671 mt Friday, down 17% week on week, the latest weekly data from the Chinese bourse showed. ...
Tags: Copper Stocks, copper
Rotterdam diesel barge daily trading volumes have risen to their highest level since October due to planned maintenance at refineries and low physical stocks in Amsterdam-Rotterdam-Antwerp, traders said Friday. A total of 240,000 mt has ...
Tags: Diesel, distillate products, jet fuel