It was assessed by SunSirs that in the tracked 100 spot commodities,18 commodities increased in prices, 35 fell and 47 remained unchanged on 31/07/2013.The largest rises were Methanol (0.84%),Polyester yarn (0.69%),PTA (0.65%),while the ...
Tags: Spot Commodities
It was assessed by SunSirs that in the tracked 100 spot commodities,30 commodities increased in prices, 21 fell and 49 remained unchanged on 01/08/2013.The largest rises were BR (2.66%),Copper (1.80%),Nickel (1.44%),while the largest falls ...
Tags: Spot Commodities
Steelmaker Ternium reported Wednesday net income of $134.4 million for Q2 2013, down from $151.4 million in the previous quarter, but higher than the $115.4 million reported in Q2 2012. Steel shipments in Q2 2013 of 2.2 billion tons were ...
Tags: Ternium, Stable Sales
Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced its operational results for the second quarter of the current year. Accordingly, in the given period Metalloinvest's iron ore ...
Tags: Metalloinvest, Iron Ore Output
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the second quarter and the first half of the current year, stating that it has had to lower its guidance for 2013 due to weaker than ...
Tags: ArcelorMitta, steelmaker
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the second quarter and the first half of the current year, reporting a net profit of ZAR 135 million ($13.45 million) in the second ...
India's Mines Ministry is seeking to reduce the country's iron ore export tax from the current 30 percent amid the sharp decline in iron ore exports, according to media reports. The Indian government increased the iron ore export tax from ...
Tags: India Mulls, Iron Ore
Ukrainian mining and steel producing group Metinvest has announced that in the second quarter of the current year its crude steel production increased by one percent to 3.138 million mt compared to the previous quarter of the year. In the ...
Tags: Metinvest, Crude Steel Output
India's steel ministry has stated that reducing the country's iron ore export tax from the current 30 percent might negatively affect the raw material security of the domestic steel industry and, contrary to the government's view, would ...
Tags: Steel Ministry, Iron Ore Export
It was assessed by SunSirs that in the tracked 100 spot commodities,19 commodities increased in prices, 23 fell and 58 remained unchanged on 29/07/2013.The largest rises were Phenol (1.82%),Calcium carbide (1.44%),PA (1.08%),while the ...
Tags: Spot Commodities
Charlotte, North Carolina-based Midrex, a world’s reputable company provides innovative design technology solutions for the direct reduction of iron ore has collaborated with JSW Steel to upgrade natural gas supply for production of ...
It’s reported that Indian steel giant Tata Steel is interested in iron ore assets of one UK’s largest steel trading company, Stemcor. The company asks for banks’ rescue of more than US$1 billion loans as it was ...
Tags: Tata steel, Iron Ore
It’s reported that Korean steel giant Posco has inked a memorandum of understanding (MoU) with the Cameroon government to develop steel industry jointly. Cameroon owns 5 billion tons of iron ore deposits and is ideally to supply ...
Tags: Cameroon, Steel Industry
It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 17 fell and 61 remained unchanged on 25/07/2013.The largest rises were Ethylene glycol (1.95%),LLDPE (0.91%),Nickel (0.58%),while the ...
Tags: Spot Commodities
It’s reported that Chinese steelmaker Linyuan Steel planned to pay RMB328 million to acquire a raw material plant and an oxygen plant from its parent group Lingyuan Iron and Steel Group. It’s learned that the plant produced ...
Tags: Linyuan Steel, Raw Material Plant