Villacero, Mexico's largest steel distributor, announced this week that it has signed an agreement with Finnish steelmaker Ruukki to distribute special steel products in Mexico, marking the 30th country in which the European firm has a ...
Tags: Metallurgy, Mineral, Energy
The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
US over-the-counter thermal coal prices closed mostly lower on Thursday, despite the sharp jump in the broader energy complex, led by a 5.6% increase in the front-month natural gas futures price to $4.762/MMBtu. "Coal is marching to its ...
Tags: coal prices, natural gas
Northern California ethanol prices for prompt delivery soared to a five-week high Wednesday as two aggressive buyers entered the market short on product, sources said. Platts' Northern California rail car ethanol for prompt delivery was ...
Iran is loading eight LPG cargoes totaling 317,000 mt in May for export to Asia, the biggest monthly volume since resuming shipments in May 2013 following an eight-month halt on concerns over an EU ban on shipping insurance, shipping and ...
Brazil's government is expected to announce Wednesday an increase to the volume of biodiesel mixed with diesel sold at the pump, boosting demand for the biofuel and likely lifting the flagging fortunes of local producers, officials for two ...
Tags: Biodiesel, Biodiesel producers
We offer a special channel of all types of lifting and materials handling equipment. We hope you will find appropriate products to help you in lifting or handling issues. “Lifting equipment” (also known as ...
Tags: Lifting equipment, lifting gear
Chinese copper prices firmed this week on domestic supply tightness and the State Council's announcement of capital market reforms, industry sources said Tuesday. The most active 1406 copper futures contracts on the Shanghai Futures ...
Tags: Copper Prices, Domestic Supply
Global steelmaker Tata Steel has announced that its Netherlands-based subsidiary Service Center Maastricht will commission a large heavy gauge decoiler by the end of the current year which will serve the growing markets in Europe for high ...
Tags: Tata Steel, Heavy Gauge Decoiler
Ukrainian mining and steel producing group Metinvest has announced that its sales channel in Ukraine, Metinvest-SMC, has opened a retail warehouse in Kharkiv, one of the largest steel consuming regions in the country. The company already ...
Tags: Metinvest, mining, steel producing
Southeast Asian ethanol producers face a short window for exporting biofuel to the Philippines as the previously high US prices that created an arbitrage for them in February and March are expected to fall, ethanol traders said Monday. ...
Tags: Ethanol, ethanol prices
Australian miner BHP Billiton has announced its production results for the third quarter and the first nine months ended March 31, 2014, lifting its iron ore production guidance for the financial year 2013-14 by five million mt to 217 ...
Tags: Iron Ore, BHP Billiton
Australian iron ore miner Fortescue Metals Group has announced that its iron ore shipments in the third quarter ending March 31 of the financial year 2013-14 totaled 31.5 million mt, increasing by 56 percent and indicating a rise of 13 ...
Tags: Iron Ore, iron ore shipments
The prompt inter-month timespread for the FOB Singapore 92 RON swaps rose to an eight-month high last week, reflecting firming demand amid a tightening physical spot market ahead of the Asian refinery turnaround season. The May/June time ...
International credit ratings agency Fitch Ratings has affirmed the long-term rating of India-based Tata Steel at BB+ and that of its subsidiary Tata Steel UK Holdings at B+, lifting the outlook for both companies to stable from negative. ...
Tags: Fitch, Steel's Outlook