Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
The December/January US Gulf Coast 3% sulfur fuel oil swap spread moved to a wider contango on Friday, while market sources searched for a fundamental reason to explain the movement. Platts assessed the December/January 3%S spread at a ...
Tags: sulfur fuel oil, USGC fuel oil
In the week from October 20 to October 26, on the Orbis Steel Index the Turkish scrap index started to move upwards, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar ...
Tags: Turkish Scrap, Steel, Energy
As of September 15, inventory of iron ore at 33 major Chinese ports amounted to 109.65 million mt, up 590,000 mt or 0.54 percent compared to the inventory level recorded on September 8, as announced by China's Xinhua News Agency on ...
Tags: Iron Ore, Metallurgy
In the week from August 11 to August 17, on the Orbis Steel Index the scrap indexes moved upwards. In the given week, the Turkish rebar index increased for the second consecutive week, while the Turkish flat rolled product indexes showed ...
Tags: Scrap, Metallurgy, Mineral
In the week from August 4 to August 10, on the Orbis Steel Index the Turkish scrap maintained its upward movement, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
Prices of imported iron ore in China have continued to decline since the start of the summer, while domestic crude steel output is still at high levels amid increases in steel exports, though domestic demand for steel products has remained ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
As of May 26, inventory of iron ore at 33 major Chinese ports amounted to 114.82 million mt, up 1.95 million mt or 1.73 percent compared to the inventory level recorded on May 19, as announced by China's Xinhua News Agency. As of the same ...
Tags: Iron Ore, Chinese Ports
In the week from April 21 to April 27, on the Orbis Steel Index the Turkish scrap index continued to decrease, while the US (East Coast) HMS I/II scrap export index switched to sideways movement. In the given week, the Turkish rebar index ...
Tags: Steel, Construction, Metallurgy, Mineral
Starting Monday the value of the renminbi will be allowed to fluctuate 2% above or below a daily reference rate set by the People’s Bank of China. Widening the band, which had a 1% range in both directions since April 2012, was a ...
Tags: Yuan Trading Band, central bank
During the week ended November 15, prices decreased further in the London Metal Exchange (LME) billet market, maintaining the downward movement recorded in the previous week. The following prices were recorded in LME billet contract trading ...
Tags: LME Billet Market, Mineral
US spot styrene dropped 1 cent/lb ($22/mt) from Friday to be assessed at 73 cents/lb ($1,609/mt) FOB US Gulf Coast Monday, tracking lower European spot styrene as well as lower feedstock benzene. The assessment was at its lowest level ...
Tags: spot styrene, Chemicals
Volkswagen Group Australia (VGA) managing director John White has admitted the company’s decision to move Volkswagen pricing down in recent years has put pressure on sister brand Skoda, and confirmed that the situation will be ...
Tags: Skoda, Volkswagen
Current quotes for various Indian varieties rose significantly during the fortnight. The depreciating Rupee is causing great concern in the Textile Industry. From Rs 61.73 the Rupee depreciated to Rs 68.83 on 28th of August and recovered ...
In the week from July 29 to August 4, scrap indexes continued to move upward on the Orbis Steel Index. In the given week, the Turkish rebar index maintained its upward movement. Meanwhile, the Turkish flat rolled product indexes also ...
Tags: Scrap, Orbis Steel Index