EU

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Venezuela's self-declared interim government has expanded its nominal administrative authority over the national oil industry with the naming of a parallel board of directors in exile that will hold its first meeting today.
News ID: 6734    Publish Date : 2019/10/18

EU iron ore imports fell to their lowest monthly level since mid-2009 in August as weak steel market conditions pressured operations. Some mills are considering further adjustments to the balance of their ore burdens in order to contain costs.
News ID: 6721    Publish Date : 2019/10/18

The growing stockpile of enriched uranium in Iran and the increasing number of its centrifuge machines have upset Western plans for halting Iran’s nuclear progress, spokesperson for the Atomic Energy Organization of Iran (AEOI) said.
News ID: 6604    Publish Date : 2019/10/10

Imports of Turkish and Indian strip mill products are on the agenda of European steel association Eurofer, market participants told Argus on the sidelines of Eurometal's Steel Trade Day in Rotterdam today.
News ID: 6588    Publish Date : 2019/10/09

Northwest European hot-rolled coil (HRC) prices lurched lower today as domestic mills chased tonnes and tried to prevent a repeat of the import penetration seen over the fourth quarter of last year.
News ID: 6587    Publish Date : 2019/10/09

Numerous entrepreneurs and experts exchanged views in Nuremberg last week at the 2nd Silk Road Congress and discussed new opportunities.
News ID: 6578    Publish Date : 2019/10/08

Iranian President’s Chief of Staff Mahmoud Vaezi said if no progress is seen in the upcoming talks with the European parties to the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), Tehran will certainly take the third step in reducing nuclear commitments.
News ID: 6272    Publish Date : 2019/08/29

Among the tens of thousands of Brazilians who descended on the Amazonian goldmine of Serra Pelada in the 1980s was Percy Geraldo Bolsonaro, father of the current president, Jair Bolsonaro.
News ID: 6266    Publish Date : 2019/08/29

The northwest European hot-rolled coil (HRC) market came under more pressure today, despite ArcelorMittal's announced price increase, as a German seller offered at aggressive levels to move tonnes ahead of the end of its financial year.
News ID: 6117    Publish Date : 2019/08/22

Luxembourg-based steelmaker ArcelorMittal is implementing a price increase of €30/t across Europe, pinning its hot-rolled coils (HRCs) offer at €510/t ex-works in Germany and €490/t ex-works in Italy, effective for October deliveries.
News ID: 6083    Publish Date : 2019/08/22

Market participants' expectations that European mills would attempt yet another price increase for the fourth quarter were finally met today with an announcement by ArcelorMittal of a €30/t hike.
News ID: 6079    Publish Date : 2019/08/21

Gibraltar authorities rejected on Sunday a renewed US request not to release the Iranian oil tanker Grace 1, just three days after the Supreme Court ruled in favour of releasing the vessel seized weeks ago.
News ID: 6043    Publish Date : 2019/08/18

The European Commission's proposed revisions to the hot-rolled coil (HRC) import safeguard quota could see Indian steelmakers and Russia's Severstal ramp up exports to the bloc.
News ID: 5939    Publish Date : 2019/08/15

The Argus Italian hot-rolled coil (HRC) index slipped by €1.25/t to €443.25/t ex-works today. The northwest European index was stable at €467.75/t ex-works.
News ID: 5880    Publish Date : 2019/08/12

The European hot-rolled coil market remains subdued, with Italian participants on holiday and the north quiet.
News ID: 5817    Publish Date : 2019/08/07

There has been an overwhelming sell-side consensus for the last few months that European hot-rolled coil (HRC) pricing will rise in the fourth quarter, as mills use production cuts to try and restore their ravaged margins.
News ID: 5800    Publish Date : 2019/08/06

Bernd Erbel, 72, a German diplomat and a former head of his country’s mission in Iran (Oct. 2009-2013) has been appointed as the new president of Iran- EU trade mechanism, known officially as the Instrument in Support of Trade Exchange (INSTEX).
News ID: 5662    Publish Date : 2019/08/01

Russian Deputy Foreign Minister Sergei Ryabkov said Iran plans to begin suspending more of its commitments under the 2015 nuclear deal between Tehran and world powers in early September.
News ID: 5575    Publish Date : 2019/07/29

The founder of media company Bourse & Bazaar said the Trump administration’s approach toward the 2015 nuclear deal between Tehran and world powers is incoherent
News ID: 5419    Publish Date : 2019/07/23

Russia has signaled its willingness to join an EU payments channel designed to circumvent US sanctions banning trade with Iran, but has called on Brussels to expand the new mechanism to cover oil exports.
News ID: 5335    Publish Date : 2019/07/20