On May 16, the China Iron and Steel Association (CISA) announced that in early May (May 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.824 ...
Tags: Crude Steel, Iron
In April this year, Swedish crude steel production amounted to 421,900 metric tons, increasing by 5.5 percent year on year and down 2.1 percent as compared to March, according to the latest data released by the Swedish Steel Producers' ...
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
South Korea's imports of Iranian crude in April increased 8.9% year on year to 552,884 mt, or an average 135,088 b/d, from 507,821 mt a year ago, preliminary data released Thursday by the Korea Customs Service showed. Its April Iranian ...
Tags: Crude Oil, crude imports
China is on a long-term track to become a net exporter of petroleum products to the Middle East, a senior official of state-controlled China National Petroleum Corp said Tuesday. "China could at some point become a net exporter of fuel ...
Tags: Oil-Product, Oil Refineries
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in the first quarter of the current year decreased by 21 percent to 1.031 million mt compared to the same period last year. In the first ...
Tags: Crude Steel, mining, steel
On May 13, China's Ministry of Commerce (MOC) announced that during last week (May 5-11) the overall average finished steel price in China declined by 0.2 percent compared to the previous week. In the given week, the average prices of ...
According to the Ukrainian association of metal producers Metallurgprom, crude steel production in Ukraine will total 2.45 million mt in June this year, pig iron output will total 2.35 million mt, while Ukrainian production of rolled steel ...
Tags: Crude Steel, metal producers
In April this year, the average aggregate daily crude steel output in China amounted to 2.2947 million mt, up 1.2 percent compared to the average daily figure recorded in March this year and constituting a new record high, as announced by ...
Tags: Crude Steel, Steel Output
Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...
The UK could see its first increase in offshore oil output in over a decade this year and the start of a slight recovery, BP regional vice president for Europe, Peter Mather, said Tuesday. His comments were balanced by a longer-term ...
Tags: Oil Output, offshore oil output
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
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the full financial year 2013-14 ended March 31, posting a net profit of JPY 242.75 billion ($2.4 billion), ...
Tags: Steel, Metallurgy, Mineral
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the first quarter of the current year, posting a net profit of TRY 100.8 million ($48.4 million), ...
Tags: long steel, pig iron
Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first quarter this year. Regarding the 2014 outlook, ArcelorMittal has lowered its global steel demand growth guidance to 3-3.5 ...
Tags: Steel Demand, steelmaker