Iran’s deputy foreign minister for economic diplomacy expressed dissatisfaction with the volume of transactions that Tehran has been able to carry via a financial mechanism the EU has devised for trade with the Islamic Republic, known as INSTEX.
News ID: 9508 Publish Date : 2020/05/15
Italian LPG demand fell to a multi-year low in April, driven by a collapse in autogas consumption that suggests the effect of the Covid-19 pandemic on the autogas market could be greater than expected.
News ID: 9488 Publish Date : 2020/05/15
The amount of naphtha and gasoline moving from Europe to east Asia on Medium Range (MR) tankers rose sharply in April, because of tight availability of alternative Long Range 1 (LR1) and Long Range 2 (LR2) tankers.
News ID: 9374 Publish Date : 2020/05/07
METAL Expo has been an excellent knowledge acquisition and exchange platform, the best place to find out about the latest foundry technologies. Within the years METAL Expo became one of the two most important industry events in Europe .
News ID: 9270 Publish Date : 2020/04/29
China's domestic LPG demand has returned close to typical levels for this time of the year, as a sense of normalcy returns after lockdowns ease across the country.
News ID: 9264 Publish Date : 2020/04/29
Neither the US nor Europe can lecture Iran on flimsy misreading of the UN Security Council Resolution 2231, Iranian Foreign Minister Mohammad Javad Zarif said, reiterating that none of Iran’s missiles have been designed to be capable of carrying nukes.
News ID: 9227 Publish Date : 2020/04/24
Economic growth in Asia-Pacific will stall in 2020 in the worst slump for over 60 years, and the region should not expect to be bailed out by a major stimulus package from China, the IMF said.
News ID: 9176 Publish Date : 2020/04/16
Seaborne coking coal prices surprisingly rose during the first quarter of this year in contrast to most commodities but the past three weeks have erased these gains, with Covid-19 slashing demand in major consumer regions Europe and India.
News ID: 9116 Publish Date : 2020/04/13
Air France–KLM said that its passenger traffic fell by 57pc year on year in March, as a result of "progressive extensions of capacity reductions" it imposed in reaction to the Covid-19 pandemic.
News ID: 9092 Publish Date : 2020/04/09
The United States has allowed companies from Russia, China, and Europe to continue their work at Iranian nuclear facilities without being subject to American sanctions, the US State Department announced.
News ID: 9036 Publish Date : 2020/03/31
Low-cost airline Easyjet has grounded its entire fleet as of today as a result of government-imposed travel restrictions and national lockdowns across Europe in response to the coronavirus pandemic.
News ID: 8963 Publish Date : 2020/03/30
Luxembourg-based producer ArcelorMittal is the only firm that is allowed to continue producing steel at its Taranto site in Italy after the government tightened measures on non-essential industrial activity over the weekend in its continuing fight against the spread of the coronavirus.
News ID: 8827 Publish Date : 2020/03/23
French road builder Colas has halted all road construction work in France to comply with the government's lock-down measures to battle the coronavirus pandemic, which has stopped nearly all its bitumen purchases.
News ID: 8802 Publish Date : 2020/03/20
Automotive production shutdowns this week confirmed the arrival of the metals demand shock inflicted by coronavirus containment measures in Europe and the US.
News ID: 8775 Publish Date : 2020/03/19
Steelmaker ArcelorMittal has declared a force majeure on raw materials supplied to its Europe an steel mills.
News ID: 8774 Publish Date : 2020/03/19
Luxembourg-based steelmaker ArcelorMittal has decided to temporarily reduce production and shut down several operations in Italy in response to the coronavirus outbreak, according to the union Fiom.
News ID: 8744 Publish Date : 2020/03/17
Inland US containerized scrap exporters are feeling the pinch as intensifying impacts of the coronavirus pandemic impact export bookings and cause supply chain disruptions throughout North America.
News ID: 8743 Publish Date : 2020/03/17
Gold prices are caught in a tug-of-war between acting as a safe haven and meeting liquidity needs. Still, expectations for further loosening of global monetary policy are likely to underpin the metal in the longer term, said Standard Chartered Thursday.
News ID: 8692 Publish Date : 2020/03/12
Industry must have confidence that it can access the necessary raw materials to move towards sustainable low-carbon markets, UK business and trade minister Nadhim Zahawi said at the launch of the UK All Party Parliamentary Group on Critical Minerals in London yesterday.
News ID: 8684 Publish Date : 2020/03/11
Hydro, a subsidiary of Norsk Hydro ASA, one of the largest aluminium groups worldwide, headquartered in Norway, is closing sown its car components facility Hydro Components UK Ltd in Rotherham. The plant is specialized for aluminium fabrication. The decision is a part of the wider restructuring of its extruded solutions operations.
News ID: 8594 Publish Date : 2020/03/06