Demand for general grade polypropylene (PP) remains weak in China despite the country increasing production of surgical masks to meet demand from the coronavirus outbreak.
News ID: 8535 Publish Date : 2020/03/02
Chinese steel producers' profit margins fell sharply last month as the coronavirus outbreak stalled demand and disrupted feedstock supplies to lift costs.
News ID: 8533 Publish Date : 2020/03/02
Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four years as the spread of the coronavirus stokes fears of slowing global demand.
News ID: 8529 Publish Date : 2020/02/28
The impact of the coronavirus outbreak has begun eating into demand for steel materials from Japanese car manufacturers, adding further pressure on Japan's falling steel output.
News ID: 8522 Publish Date : 2020/02/28
Saudi Arabia will sharply reduce term crude sales to China next month as the coronavirus outbreak slashes demand in the world's top oil importer. It comes as Riyadh prepares to join Opec and non-Opec allies to discuss deeper production cuts in the wake of the epidemic.
News ID: 8520 Publish Date : 2020/02/28
China 's steel inventory build slowed this week as mills and traders ran out of storage space, forcing output cuts and an increase in deliveries to customers.
News ID: 8515 Publish Date : 2020/02/27
Increasing indications that the UK may not agree a new trade deal with the EU before the Brexit transition period expires at the end of this year could open the door for an influx of cheap aluminium imports to the UK from China , which would cause the EU to contemplate imposing tariffs on UK aluminium products.
News ID: 8512 Publish Date : 2020/02/27
Crude oil prices gave up early gains and slid for a fourth day on Wednesday as fears of a coronavirus pandemic deepened as the outbreak spread in several countries outside China .
News ID: 8507 Publish Date : 2020/02/26
South Korea's LG Chemical has slashed operating rates at its 170,000 t/yr Daesan-based styrene monomer (SM) unit by 30pc since last week because of weaker demand and persistently negative production margins.
News ID: 8479 Publish Date : 2020/02/24
Adds upated case tally in paragraph 5; details of more flight cuts, steel plant closure in paragraphs 7-8
News ID: 8478 Publish Date : 2020/02/24
China 's transport sector is continuing to resume operations amid signs the country's coronavirus outbreak is slowing. But activity remains significantly below normal levels.
News ID: 8477 Publish Date : 2020/02/24
Around 96pc of China 's major steelmakers and about two thirds of the entire industry is operational, but smaller mills and electric-arc furnace (EAF) producers face acute disruptions amid the coronavirus outbreak, government and industry bodies said.
News ID: 8474 Publish Date : 2020/02/24
Severe logistical disruption and port congestion in China since the end of January has slashed the global availability of shipping containers, and many European exporters of non-ferrous scrap have warned of more delivery delays and further price increases in Asia-Pacific in the coming months.
News ID: 8473 Publish Date : 2020/02/24
Aforum to survey trade opportunities with China is scheduled to be held at Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran on Jan. 27.
News ID: 8339 Publish Date : 2020/01/24
The iron ore price outlook has weakened ahead of a major Chinese holiday on fears that a coronavirus strain outbreak could delay the spring restart of construction projects.
News ID: 8316 Publish Date : 2020/01/23
The London Metal Exchange's (LME) Steel hot-rolled coil (HRC) fob China (Argus) futures has traded more than all of its other ferrous contracts combined this month.
News ID: 8315 Publish Date : 2020/01/23
China 's Hebei province will reduce crude steel production capacity by 14mn t/yr in 2020, as part of its plan to reduce 40mn t/yr of capacity during 2018-20.
News ID: 8269 Publish Date : 2020/01/09
Chinese government officials will visit Washington next week to sign a "phase one" trade deal with the US, China 's commerce ministry said today.
News ID: 8259 Publish Date : 2020/01/09
China 's Hengli Petrochemical is starting up today its 2.5mn t/yr No.4 purified terephthalic acid (PTA) unit at Dalian.
News ID: 8254 Publish Date : 2020/01/08
China has approved a new quota for more than 35,000t of copper, aluminium and ferrous scrap imports for delivery in 2020.
News ID: 8248 Publish Date : 2020/01/08