Corn and soybeans were up; cotton was mixed; and wheat was down for the week. As the Christmas season quickly approaches trading volume has reduced substantially with the exception of soybeans which have high volumes when accounting for ...
Tags: Crop Comments
The government of India has raised import duties on natural rubber by 50% effective January 1, according to a statement released Monday. The Indian government has fixed an import duty at Rupees 30/kg (48 cents/kg), or 20% of the value of ...
Tags: Rubber Import, Chemicals
Irvan K.Hakim, the president director of state-owned steel producer PT Krakatau Steel, said yesterday that the newly inaugurated integrated steel plant Krakatau-Posco will launch production in the beginning of 2014. Krakatau-Posco, a ...
Tags: steel, metallurgy
Indonesia-based steelmaker PT Krakatau announced that the company president Susilo Bambang Yudhoyono has inaugurated PT Krakatau Posco on December 23, the joint venture between South Korean steel giant POSCO. This integrated steel mill is ...
Tags: steel, metallurgy
Chinese steel mills are going to negotiate with Korean buyers about the export price of carbon steel hot rolled coil (HRC) for next February. So far, it is certain that the price would be surged by at least US$10/ton for next Jan-Feb ...
Tags: steel, metallurgy, HRC
The Korean steel giant POSCO announced that it began operation of its first blast furnace in Indonesia in order to fulfill the surging steel demand in the Southeast Asian country. The blast furnace is a joint venture project with Krakatau ...
Tags: steel, metallurgy
Wheat:Net sales of 656,100 MT for delivery during the 2013/2014 marketing year were up 76 percent from the previous week and 47 percent from the prior 4-week average.Increases reported for Japan(129,400 MT),Nigeria(110,000 ...
Prosafe has been awarded a contract by Swiber Offshore Construction Pte Ltd (Swiber) for the provision of the Safe Astoria semi-submersible accommodation vessel for operations located in Indonesia’s Natuna Sea offshore gas gathering ...
Despite the apparent severity of the early, and not easily interpreted, statistical data, 2013 seems to be ending positively for Italy's manufacturers of hollow glass; and the forecast for 2014 is also quite rosy. Confirmation comes from ...
Tags: Hollow Glass, Construction Glass
The Australian government has announced that it has imposed antidumping (AD) duty on hot rolled steel plate imports from Japan, China, Indonesia and South Korea and countervailing duty (CVD) on the same imports from China. The antidumping ...
Quarterly Gross Domestic Product (GDP) in the G20 area grew by 0.9% in the third quarter of 2013, up from 0.8% recorded in the previous quarter, according to preliminary estimates. Among G20 economies, China recorded the strongest growth ...
A US trade panel decided on Tuesday to extend antidumping and countervailing duties on hot- rolled steel products from five foreign countries after the second five-year review of the measures imposed initially in 2001. The US ...
Tags: hot-rolled steel, AD, antidumping duties
Vietnam Steel Association (VSA) estimates that Vietnamese steel sales in 2014 will increase to 4.6 million tons, up by 2%~3% from 2013 and that about 300,000 tons remain in the stock. It is expected Vietnam exports steel products total ...
Tags: steel, metallurgy, VSA
Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE) is pleased to provide an update on operations in Thailand, Indonesia and Canada. Concession L53 Onshore Thailand (Pan Orient Operator and 100% Working Interest) ...
UTEC StarNet has announced that the company is currently performing laser surveys on the Shearwater platform in the North Sea. The survey work follows on from a recently-completed project on the Shell Gannet platform and involves use of ...