A recent surge in Chinese spot purchases of semi-finished and finished steel products may start to wane soon as a rebound in seaborne prices has narrowed margins for imports.
News ID: 9174 Publish Date : 2020/04/16
Strong US west coast export s of discounted refined oil products have boosted clean tanker rates to two-month highs.
News ID: 9156 Publish Date : 2020/04/15
Japanese ferrous scrap imports have surged this year in response to weaker domestic steel demand, and export ers are actively looking for more overseas markets to take a surplus of domestic scrap supply.
News ID: 9087 Publish Date : 2020/04/09
China is poised to cut oil product export s in April as lockdowns across the world to limit the coronavirus pandemic sapped global demand, according to refiners, traders and analysts.
News ID: 9083 Publish Date : 2020/04/08
Lithium concentrate export s from Port Hedland in West Australia have resumed in March after a hiatus in February.
News ID: 9076 Publish Date : 2020/04/08
The South Korean jet fuel differential has fallen to the lowest levels since at least 2008 amid weak domestic demand caused by the impact of Covid-19 and higher export s.
News ID: 9075 Publish Date : 2020/04/08
China's state-controlled Xi'an Railway group has reduced rail costs by 20-26pc for cargoes departing from some parts of Shaanxi, the country's third-largest coal producing province, to encourage more domestic industrial activity and cut coal logistics costs.
News ID: 9056 Publish Date : 2020/04/07
Indian state-controlled refiner MRPL has issued an export tender offering 7,000t of polypropylene (PP) grades.
News ID: 9047 Publish Date : 2020/04/06
The coronavirus pandemic is likely to create a further impact on China’s aluminium export s as a greater part of the world has come under lockdown to contain the spread of the virus.
News ID: 9033 Publish Date : 2020/04/02
At the desert complex of Saudi Arabia’s north-eastern Gulf coast, refineries, smelters and casting machines transform dull pink rocks into silver aluminium bars, a symbol of the kingdom’s attempt to diversify its economy.
News ID: 9032 Publish Date : 2020/04/02
Losses, cancellations and delays to export orders for Chinese-made goods from the western hemisphere amid the coronavirus outbreak are posing a significant threat to the survival of export -oriented Chinese manufacturers.
News ID: 9026 Publish Date : 2020/04/02
Mongolia has gradually resumed coal export s to China through four border points from earlier this week, after two delayed restarts since export s halted in early February.
News ID: 9009 Publish Date : 2020/04/01
Imported HRC prices to Vietnam fell further towards the weekend in recent deal being concluded from China. Market sources in Vietnam shared that major steelmaker in China named - Baosteel booked another cargo of 70,000 MT HRC (SAE 1006) for export s to Vietnam at USD 470/MT CFR Vietnam for March shipment.
News ID: 8998 Publish Date : 2020/02/21
Indonesian coal producer Bayan Resources is to halt production at two of its mining subsidiaries until 30 April as a precautionary measure amid the global coronavirus pandemic.
News ID: 8966 Publish Date : 2020/03/30
This week Chinese steel prices exhibited optimistic market sentiments with improvement in steel prices amid measures taken by the government to push buying activities in both domestic and export markets. HRC and rebar export offers remained stable. Domestic billet prices gained momentum. Iron ore prices moved up amid measures adopted by the Chinese government. However, coking coal offers inched down on a weekly basis.
News ID: 8880 Publish Date : 2020/03/07
Head of Iran’s Customs Office Mehdi Mir Ashrafi announced that the country’s volume of export s and imports hit a record high despite the harsh US sanctions.
News ID: 8819 Publish Date : 2020/03/22
Chinese HRC export offers decline as importers turn bearish
News ID: 8816 Publish Date : 2020/03/17
Indonesia's billet imports were recorded at 376,169 MT during Jan’20 to book an M-o-M decline of approximately 20%. Also, the same witnessed a Y-o-Y decline of approximately 41% from 634,221 MT during Jan’19. India, Russia and, Pakistan were noted to be the top billet export ers to the country with 68,933 MT, 68,364 MT and 65,662 MT of billet export s respectively, during the month.
News ID: 8814 Publish Date : 2020/03/17
India's border closures and looming nationwide lockdown in the coming days to contain the spread of the coronavirus are prompting market concerns about delivery and supply chain disruptions for one of the world's biggest metal consumers.
News ID: 8795 Publish Date : 2020/03/20
The total volume of Iranian export s over the past month has tripled despite the outbreak of the novel coronavirus, known as COVID-19, the spokesman for the Customs Office said.
News ID: 8771 Publish Date : 2020/03/18