Australia is drawing urea spot cargoes as importers prepare for a potential record sales year, marking a sharp contrast to the rest of Asia-Pacific where demand is absent.
News ID: 9221 Publish Date : 2020/04/22
Refiner and marketer Caltex Australia's sales edged lower in March from a month earlier, hinting at a slowdown in product demand because of the Covid-19 pandemic.
News ID: 9177 Publish Date : 2020/04/16
Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it will not be enough to head off oversupply with the coronavirus pandemic hammering demand.
News ID: 9149 Publish Date : 2020/04/13
China's Hebei province will reduce crude steel production capacity by 14mn t/yr in 2020, as part of its plan to reduce 40mn t/yr of capacity during 2018-20.
News ID: 8269 Publish Date : 2020/01/09
Asia-Pacific bitumen markets are ending a fairly stable year, as the impact of the US-China trade war and new sulphur regulations are offset by stable consumption in key southeast Asian markets. And demand looks likely to stay firm in 2020, despite potential weakness in the first quarter.
News ID: 8060 Publish Date : 2019/12/23
Marine-fuel sulphur legislation will support demand for Mediterranean-region light sweet crudes in 2020, when access to sour crudes will be reduced by Opec output restraints and Mideast Gulf producers' focus on Asia-Pacific sales.
News ID: 7997 Publish Date : 2019/12/18
Supplies from state-controlled producer Coal India (CIL) to the country's coal-fired power plants fell for the seventh straight month in November.
News ID: 7994 Publish Date : 2019/12/17
China's steel sector profits have rebounded over the past month on the back of supply disruptions at northern ports and robust demand from the construction sector.
News ID: 7572 Publish Date : 2019/11/27
India's JSW Steel has pared its production and sales volumes targets for the 2019-20 fiscal year ending 31 March by 3pc each, citing a slowdown in steel demand.
News ID: 6959 Publish Date : 2019/10/24
India's domestic rebar prices have continued to fall, despite receding monsoon rains in October, as construction activity remained constrained because of a lack of funds.
News ID: 6895 Publish Date : 2019/10/23
Northwest European hot-rolled coil (HRC) prices slumped today as buyers continued to withhold purchases given huge uncertainty over future price direction and demand levels.
News ID: 6722 Publish Date : 2019/10/18
Rebar demand in Indian domestic market continues to slow down amid less buying inquires across major markets and poor lifting. This urged industrialists to adjust the price range as per market requirement and offers have reduced by INR 400-600/MT (USD 6-9) in a week's duration.
News ID: 5349 Publish Date : 2019/07/20
Indian Silico Manganese prices are almost unchanged from last week. Demand in the domestic market remained moderate and but in the export - market demand is picking up for the bulk quantities.
News ID: 4954 Publish Date : 2019/07/01
Depressed domestic prices for longs and poor demand in the Iranian market are forcing local steel producers to adjust to severe conditions.
News ID: 990 Publish Date : 2017/02/20
There remains a gap between Iran’s consumption and production of flat steel products despite increases in the country’s crude steel capacity, the secretary of the Iranian Syndicate of Steel Pipe and Profile Manufacturers.
News ID: 710 Publish Date : 2016/12/04
The Iranian Mercantile Exchange is seeing more interest among miners for iron ore export.
News ID: 649 Publish Date : 2016/10/24
The priority of Mobarakeh Steel Company is to supply material required by Iran’s downstream manufacturers, while export is of secondary importance, the deputy head of sales at Iran’s largest steel company said.
News ID: 643 Publish Date : 2016/10/22
Iran’s cement sector is far from its past glory.
News ID: 588 Publish Date : 2016/09/04
Over 16 million tons of cement are currently in warehouses due to low demand, according to deputy minister of industries, mining and trade Jafar Sargheyni, Mehr News Agency reported.
News ID: 516 Publish Date : 2016/08/09
Demand for fixed-income securities is high among Iranian investors, as decreasing deposit rates leave bonds as the only high yield investment.
News ID: 473 Publish Date : 2016/07/22