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 exports to China through four border points from earlier this week, after two delayed restarts since exports 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 exports 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 exports 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 exporters to the country with 68,933 MT, 68,364 MT and 65,662 MT of billet exports 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 exports 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
Dr Peter Phillips, President of the People’s National Party of Jamaica, has called on Governor-General, Sir Patrick Allen, to declare a national day of prayer as Jamaica battles the Corona-Virus.
News ID: 8766 Publish Date : 2020/03/18
China will raise export rebates on several key petrochemical products as part of wider support for the country's struggling export sector.
News ID: 8760 Publish Date : 2020/03/18
Oil’s rout may have been an unexpected boon for the biggest buyers of liquefied natural gas, but its knock-on effects may come back to bite them.
News ID: 8753 Publish Date : 2020/03/16
Mongolia has extended its ban on coal exports for a second time as the number of coronavirus cases within the country increases.
News ID: 8747 Publish Date : 2020/03/17
New reports show that Iran has exported 125 million tons of commodities between late March 2019 and late February 2020, which shows the country has registered a 17.61 percent year-on-year jump in terms of exports’ weight.
News ID: 8739 Publish Date : 2020/03/16
While a number of Iran’s neighbors have decided to close the common border over concerns about the outbreak of the coronavirus, all border crossings between Iran and Afghanistan are open and the Iranian export of commodities is in progress, an official said.
News ID: 8738 Publish Date : 2020/03/16
Guyana, a country with a population of 780,000, neighbouring Brazil and Venezuela in the region’s northeast corner, is expecting to bloom its economy to 86% in 2020 after expanding 4.4% in 2019, as per International Monetary Fund.
News ID: 8733 Publish Date : 2020/03/16
Polymer exports from Malaysia's state-owned Petronas are expected to be affected after a second fire in 12 months at its new petrochemical facility in Pengerang.
News ID: 8731 Publish Date : 2020/03/16
Several coal export ports in Queensland, including the major coking coal port of Dalrymple Bay Coal Terminal (DBCT), have resumed operations over the weekend after disallowing loading and berthing last week because of heavy rains and turbulent seas.
News ID: 8730 Publish Date : 2020/03/16
