The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has stated that the Indian Supreme Court order for the temporary closure of about 26 iron ore mines in the Indian state of Odisha may result in a significant fall in ...
Tags: Iron Ore, import duty
The US ferrous scrap import market was quiet in East Asia during the week, regional traders said Thursday. Importing mills were staying away because they believed US scrap prices were likely to soften after iron ore broke the $100/dry mt ...
Tags: Steel Mills, Bulk Scrap
A fall in the value of China's currency against the dollar has increased the losses incurred by the country's copper importers in May, Chinese industry sources said Thursday. The US dollar was trading at Yuan 6.26 Thursday, compared with ...
Tags: Copper Importers, metals
In April this year, China imported 47 million mt of iron ore from Australia, up 45.8 percent year on year, accounting for 56.4 percent of China's total iron ore import volume of 83.39 million mt during the given month, as announced by the ...
Tags: Iron Ore, Iron Ore Imports
Europe is likely to remain a net importer of caustic soda as capacity is threatened by the EU's 2017 deadline to make the costly switch to greener technology, Michael Trager, CEO of German PVC producer Vestolit, said this week. "In the ...
Tags: Caustic Soda, chlorine
According to the Brazil Steel Institute (IABr), Brazilian crude steel production in the first four months of the current year amounted to 11.13 million metric tons, 0.1 percent higher year on year. In the same period, Brazilian rolled steel ...
Tags: Steel Exports, crude steel
On May 20, the China Iron and Steel Association (CISA) announced that in April this year China's Ministry of Commerce issued import licenses for a total of 108.8685 million mt of iron ore, down 3.87 percent month on month, valued at $11.892 ...
Tags: Iron Ore, Iron Ore Import
The US steel sheet market remains relatively steady, though a lack of buyer urgency may be eroding the bottom range of hot-rolled pricing, market sources said Monday. A top-tier mill source said import buying has picked up but domestic ...
Tags: Steel Sheet, top-tier mill
According to customs statistics, in the first quarter of 2014, the national import and export is 5.9 trillion yuan, fell by 3.7% year-on-year. Among them, the export is 3 trillion yuan, down 6.1%; Imports is 2.9 trillion yuan, down 1.2%; ...
Tags: Economy, Foreign Trade, China
The engineer from famous China led warehouse lights manufacturer and supplier said that the inexpensive LED lighting products from China has quickly became hot selling goods from South Korea's major shopping malls and supermarkets. This ...
Tags: LED Lighting, LED Products
Textile and clothing enterprises have entered the Southeast Asia market gradually. Vietnam has more advantages in power supply and human cost. The tax and policies of Southeast Asia has more advantages and are attracting more and more ...
In April this year, the value of Taiwan's iron and steel exports increased by 8.4 percent year on year and decreased by 3.6 percent compared to March to $1.57 billion, according to the preliminary statistics issued by Taiwan's Ministry of ...
Tags: Iron, Steel Export
The International Energy Agency said Thursday OPEC would need to boost its output in the third quarter by some 900,000 b/d from April's level to meet rising global demand, and warned that OECD oil stocks remained tight by historical ...
Tags: OPEC, oil supply
The seaborne iron ore market ended a brief two days of gains Thursday as buying activity failed to hold up. Platts assessed the 62% Fe Iron Ore Index at $103.25/dry mt CFR North China Thursday, down 75 cents/dmt on the day. Despite spot ...
Tags: Iron Ore Market, Iron Ore
India's largest coal producer Coal India Limited is expected to decide whether to award a contract for thermal coal imports at its next board meeting set for late May, a source said Thursday. CIL received a single bid from government ...
Tags: coal, coal output