NYMEX parent CME Group will likely implement additional quality specifications on its light sweet crude futures starting with the January 2014 contract, a member of the Crude Oil Quality Association's board said Thursday. CME plans to ...
Tags: Metallurgy, Mineral, Energy, Petroleum
The World Steel Association announced that the world ranking of crude steel output in 2012 on June 6, 2013. the statistics show that China is the top of list with 716.5 million tons, increased by 3.1%, the market share is 46.3%; Japan is ...
Tags: Crude Steel, Steel, Construction, Metallurgy
China and Mexico decided to upgrade their "strategic partnership" to "comprehensive strategic partnership" after China President Xi Jinping's visit to Mexico on June 5. Mexico will export crude oil to China, which is the most ...
Tags: Oil, Metallurgy, Mineral, Energy
U.S. economic growth will be somewhat restrained, but not deterred, and improving fundamentals provide reason for optimism by the end of 2013 and through 2014, according to a new forecast. The Manufacturers Alliance for Productivity and ...
The market research institute Ceresana forecasts dynamic growth of global demand for Carbon Black: market volume is to increase by more than 3.1 million tonnes until 2019. Rubber products mainly utilize Carbon Black as filler material while ...
Tags: Carbon Black, Construction, pigment
The development of a grassroots LNG industry in western Canada's British Columbia will be a key factor in companies finalizing plans to invest in new petrochemical ventures in neighboring Alberta, industry officials and producers said late ...
Tags: Canada, LNG Projects, Chemicals
Crude futures diverged late in the US trading day Wednesday, as the front-month ICE Brent contract slid from a session high of $104.07/b to a low of $102.85/b in a little over 40 minutes. ICE July Brent settled 20 cents lower at ...
Tags: Crude Markets, Chemicals, Brent
European naphtha crack futures reached a three-month high Tuesday amid talk of short covering and a potential uptick in demand from petrochemicals end-users, market participants said. The June CIF Northwest Europe naphtha crack spread -- ...
Tags: Chemicals
According to report of the International Stainless Steel Forum (ISSF), the global stainless steel output totaled 9.4 million tons in the first quarter of this year, rising by 6% year on year. In the first quarter of this year, the ...
Indian Steel Authority of India Limited (SAIL) said that its finished steel output totaled 1.08 million tons in May, rising by 11% year on year, hitting the record highs. In May, the company crude steel output totaled 1.15 million ...
In the desert of southern Oman, near the border with Yemen, 4 acres of glass houses catch the sun. They sit in the Amal West oilfield, operated by Petroleum Development Oman. When it comes to developing its oil and gas reserves Oman ...
Tags: Glass, Construction, Decoration
NYMEX July crude settled $1.48 higher at $93.45/barrel Monday, largely holding to overnight gains following better-than-expected eurozone manufacturing data. Weak US manufacturing data put downward pressure on the US dollar, which ...
Tags: Oil Complex, Us Dollar
According to Belgian Steel Federation (GSV), Belgium’s crude steel output totaled 1.8 million tons in the first quarter of this year, down by 4% year on year but rising by 5.1% from a quarter ago. In the first quarter of this ...
Tags: Belgium, HRC, Construction&Decoration
The oil complex pushed sharply lower late in US trade Friday, extending an overnight selloff prompted by a stronger dollar, lower equities markets and OPEC's decision to roll over its 30 million b/d output target following Friday's meeting ...
Tags: Metallurgy, Mineral, Energy, Oil
OPEC ministers meeting in Vienna Friday reached an expected agreement to maintain the group's current crude production limits, leaving their combined output ceiling at 30 million b/d. Ministers had widely signaled their happiness with ...
Tags: Metallurgy, Mineral, Energy