EU first-quarter polystyrene imports jumped 119% year on year, according to recent Eurostat data. Market sources attributed the sharp increase in imports largely to reductions in domestic production capacity. The EU imported 38,920 mt of ...
Tags: Polystyrene, polystyrene imports
According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 4.84 ...
Tags: direct reduced iron, Steel
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
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
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
The global aluminum market is moving into its first annual deficit in six years as producers look to restructure in response to continued low prices, JP Morgan said in a research note Tuesday. "We expect the global aluminum market will ...
Tags: Aluminum, aluminum market
In the first four months of the current year, Turkey's steel exports totaled 6.3 million mt, down 7.6 percent year on year, while the value of these exports decreased by 7.1 percent year on year to $4.7 billion, according to the data ...
Tags: Steel Exports, steel
The Alliance for American Manufacturing is organizing a rally Monday at US Steel’s Lorain, Ohio tubular plant as part of a national effort to convince the US Commerce Department (DOC) to impose duties on dumped steel imports, ...
Tags: Anti-Import-Dumping, US Steel
Solar photovoltaic (PV) demand from the Middle East and Africa (MEA) region is set to grow 50% on year in 2014. Between 2014-2018, annual PV demand will nearly triple as the MEA region becomes a key market for the global industry, according ...
According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 5.08 ...
Tags: DRI output, worldsteel
F&F has announced its first franchise stores in the USA as it continues with its ambitious plans to become a leading global brand for affordable fashion. F&F, which launched in the UK and Ireland in 2001, will be opening seven stores on the ...
Tags: Armenian market, fashion brand
Carpet exports from Turkey fetched US$ 546.68 million during the first three months of 2014, recording a surge of 9.9 percent, compared to the same period last year, as per the data released by the Istanbul Textile and Apparel ...
US crude stocks jumped 10 million barrels last week -- the largest build in 13 years -- on a surge in imports and lower refinery run rates in the US Gulf Coast, data from the US Energy Information Administration showed Wednesday. The ...
Tags: Crude Stocks, lower refinery
The timespread for 500 ppm gasoil swaps in Singapore widened to a four-month high of 83 cents/barrel for May/June Monday, reflecting a tighter market during the regional refinery maintenance season, a narrowing East/West spread and ...
North America Western Asia Holdings, US Steel Tubular Products, a subsidiary of United States Steel Corporation, and MRC Global Inc. announced Thursday an alliance to bring critical oil well equipment into the natural resources-rich region ...
Tags: Oil, Metallurgy, Mineral, Energy, gas