Gas and coal prices are plunging in Europe , hurt by the relentless threat of ever-cheaper clean energy that’s gaining market share and pushing out the fossil fuels in the process.
News ID: 4737 Publish Date : 2019/06/03
Driven by the weak demand and rising imports, the world’s largest steelmaker, ArcelorMittal said on Wednesday that it will further reduce steel production in Europe .
News ID: 4708 Publish Date : 2019/06/01
A senior Iranian economic official announced that Tehran and several Europe an states are due to ink a Memorandum of Understanding (MoU) to expand economic relations.
News ID: 4653 Publish Date : 2019/05/27
Global scrap prices exhibited downward movement on low demand this week. Turkey-based importers witnessed limited deals amid expectation of a further correction and subdued finish steel demand.
News ID: 4492 Publish Date : 2019/05/10
Eastern India based pellet maker - Brahmani River Pellets has recently concluded pellet export deal to China, SteelMint learned from company officials. Deal for 60,000 MT pellets with Fe 64% and 3% Al was learned to be concluded at around USD 117/MT, CFR China for April shipment.
News ID: 4304 Publish Date : 2019/04/11
A year after the US unlawful abrogation of the Joint Comprehensive Plan of Action [the formal name of the nuclear deal Iran signed with six world powers], Europe cannot muster the political will to defy US' economic terrorism, not even by setting up a single banking channel for humanitarian aid. (Twitter)
News ID: 4208 Publish Date : 2019/04/06
The Europe an Commission is eyeing opportunities within the EU’s minerals and mining sector, and has put forward, in its Strategic Action Plan (SAP) on batteries, a comprehensive set of targeted measures to make Europe a global leader in sustainable battery production and use.
News ID: 4174 Publish Date : 2019/03/30
More than three years after two treasure hunters claimed to have found a Nazi train laden with gold and gems in the Polish city of Walbrzych, one of the men looking for it has unearthed another kind of treasure: two dozen priceless Renaissance portraits.
News ID: 4167 Publish Date : 2019/03/30
Major ferrous scrap markets exhibited firm sentiments in terms of offers this week. Turkish steel mills resumed US scrap bookings after a short break at stable prices amid stabilized sentiments in rebar markets. Suppliers in US, UK and Europe remain optimistic about prices on tight supply situation.
News ID: 4156 Publish Date : 2019/03/26
Oil refiners are getting ready for a boom. The plants in Europe and the US are scaling back planned maintenance later this year in anticipation of a surge in demand and fatter margins as the shipping industry gets ready for a historic fuel switch.
News ID: 4079 Publish Date : 2019/03/19
Imported scrap offers to India continued moving up following a rising trend in the global scrap market.
News ID: 3824 Publish Date : 2019/03/04
Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe ’s busiest port. Now, prices are in free fall and mining companies are taking the financial hit.
News ID: 3813 Publish Date : 2019/03/02
Lithium miners have set their eyes on Portugal, a country that doesn’t scream “mining” like other jurisdictions, but which already is Europe 's biggest producer of the commodity, thanks to the surge in popularity of electric vehicles (EVs).
News ID: 3729 Publish Date : 2019/02/24
Kaveh Afrasiabi, author and political scientist from Boston, termed Europe an powers' new mechanism to ease trade with Iran as a “heroic political effort” that would institutionalize the 28-member bloc’s rift with Washington.
News ID: 3714 Publish Date : 2019/02/23
Iran’s Minister of Petroleum Bijan Zangeneh said Tuesday Italy and Greece had stopped buying oil from Iran despite being granted waivers from US sanctions.
News ID: 3563 Publish Date : 2019/02/05
So far this winter, Europe has been the biggest buyer of US liquefied natural gas, and despite the fact that the key reason has been profit rather than politics, US LNG has increased its share of a market dominated by pipeline supplies from Russia and Norway.
News ID: 3446 Publish Date : 2019/01/28
Head of Iran’s Strategic Council on Foreign Relations Kamal Kharrazi said the country’s possible pullout from the 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) would not be in the interest of Europe an countries.
News ID: 3311 Publish Date : 2019/01/17
Two third-generation nuclear power reactors will begin operation this year in Finland and France, after years of delays and budget overruns, S&P Platts’ reported.
News ID: 3160 Publish Date : 2019/01/05
US crude exports to Europe fell to an 11-month low this month as a shrinking discount and rising shipping costs squeezed demand for US barrels, according to Refinitiv Eikon data and analysts.
News ID: 3119 Publish Date : 2018/12/31
Asia-Pacific light-grade base oil prices held in a narrow range in 2018 as steady demand absorbed growing supplies. Heavy-grade prices were in a much wider range, with values surging in the first quarter of the year before sliding steadily throughout the rest of the year.
News ID: 3104 Publish Date : 2018/12/28