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
China 's central government-owned Baowu group produced 96mn t of crude steel in 2019 with 100mn t output "just around the corner".
News ID: 8244 Publish Date : 2020/01/07
Seaborne pellet prices rose over the last week, driven by robust demand and gains in 62pc and 65pc fines indexes.
News ID: 8241 Publish Date : 2020/01/07
China 's ministry of industry and information technology has announced new regulations for the recycling of used new energy vehicle (NEV) power batteries.
News ID: 8222 Publish Date : 2020/01/06
Odisha based pellet maker has concluded pellet export deal for around 58,000 MT quantity to China . The deal is heard to have concluded for Jan shipment at around USD 114/MT, CFR China for Fe 64% pellets with 3% Al. The deal price is mostly similar to the SteelMint's price assessment last week.
News ID: 8214 Publish Date : 2019/12/30
Indian Ferro Chrome prices are close to the bottom levels, and Ferro Chrome producers are filled with hope, that the prices may increase by next month. Producers are positive that with global Chrome Ore prices not falling further and Stainless Steel prices rising in China Ferro Chrome prices may also increase.
News ID: 8210 Publish Date : 2020/01/02
After a volatile year, cobalt prices ended 2019 on a downward trend, but the medium-to-long term outlook remains strong, with prices expected to recover.
News ID: 8202 Publish Date : 2020/01/03
Global HRC, CRC market continues to observe hike in export offers from countries like China , India. Following this import prices to Vietnam also witnessed increase.
News ID: 8187 Publish Date : 2019/12/31
Seaborne pellet prices rose on the back of tight availability from key supplier India and continued sintering restrictions in some Chinese cities.
News ID: 8179 Publish Date : 2019/12/31
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Aluminum price falls to one-month low in wider commodity slump
Skeena advances Eskay Creek permitting, unlocks Orion funding
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
