SteelMint learned in recent conversations with industry participants that imported scrap offers to Pakistan have sharply declined over the last week on softening of prices globally, while trades in good volumes were concluded at favorable prices, with buyers taking advantage of India’s continued absence in the market.
News ID: 5249 Publish Date : 2019/07/17
In recent conversation with industry participants SteelMint learned that steel mills in Bangladesh have turned active for bulk bookings. It is learnt that 2 bulk cargos for ferrous scrap were booked recently from USA and Japan, to Bangladesh
News ID: 5240 Publish Date : 2019/07/17
In the first quarter of 2019, the global gold market continued to recover from the two-year lowest average price point of $1,213/ozt recorded in Q3 2018, rebounding to $1,304/ozt in Q1 2019, the second consecutive quarter of growth.
News ID: 5226 Publish Date : 2019/07/16
AlCircle has again come up with an informative report “Red Mud (Bauxite Residue) Management: Storage & Valorisation” to provide a comprehensive, in-depth study on red mud generation, processing, disposal/storage to various valorisation aspects including material extraction and usage in various end-applications.
News ID: 5221 Publish Date : 2019/07/16
The Northern Iranian city of Ardabil, the capital city of the province with the same name, opened its second international conference on tourism on Monday in a bid to study both the opportunities and challenges facing the promotion of the industry in the province.
News ID: 5217 Publish Date : 2019/07/16
Iranian Industry Minister Reza Rahmani said that despite US efforts to cripple Tehran’s economy, year-on-year comparison shows that the country’s domestic production has increased in the first quarter of the local calendar year (March 21-June 21).
News ID: 5216 Publish Date : 2019/07/16
Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have to comply with rules that should dramatically reduce sulfur emissions.
News ID: 5213 Publish Date : 2019/07/16
Venezuela exported around 860,000 b/d of crude in June plus 90,000 b/d in other liquids including diluent and fuel oil, officials of state-owned oil company PdV tell Argus.
News ID: 5200 Publish Date : 2019/07/15
China’s efforts to reduce some of the world’s worst air pollution are having a bonus positive effect, as they are improving the country’s potential to generate solar power by allowing more sunlight to reach the surface of the planet in that part of the world.
News ID: 5166 Publish Date : 2019/07/14
SteelMint learned from industry participants that Turkish imported scrap prices have moved down, as steelmakers took a short pause amid weak sales of rebar and billet in both domestic and export markets in Turkey.
News ID: 5144 Publish Date : 2019/07/13
Pakistan’s government declared its FY20 budget on 11th Jun’19 which has been implemented since the beginning of the new financial year on July 1st. The government has imposed a new tax regime in order to do away with the existing complex regime and realise the actual revenue potential of steel sector and support the industry .
News ID: 5116 Publish Date : 2019/07/11
The following is an edited excerpt of Lucara Diamond (TSX: LUC; US-OTC: LUCRF) president and CEO Eira Thomas interviewed by Dean MacPherson, head of business development for global mining at TMX Group, at The Northern Miner’s Canadian Mining Symposium held at Canada House in London, U.K., on May 22, 2019.
News ID: 5091 Publish Date : 2019/07/09
Christopher Cline, the billionaire coal tycoon best known for reviving the Illinois mining industry and making a fortune doing it, died in a helicopter crash Thursday.
News ID: 5044 Publish Date : 2019/07/07
China is allowing additional crude oil import quotas to predominantly private oil refiners in the world’s top oil importer, Reuters reported on Tuesday, citing a document it has seen.
News ID: 5017 Publish Date : 2019/07/04
Availability of right quality of scrap, in adequate quantity, is one of the critical factors for future growth for both EAF/IF sector. Keeping this objective in view and in order to develop a globally competitive steel industry by adopting state of art environment-friendly technologies, Ministry of Steel has prepared a draft steel scrap policy envisaging a framework to facilitate and promote the establishment of ferrous scrap/steel scrapping centers in India. All stakeholders are requested to submit comments latest by 14th Jul'19.
News ID: 5007 Publish Date : 2019/07/03
SteelMint learned in recent conversations with industry participants that imported scrap prices have slightly turned up following rebound in Turkey imported scrap assessment. Trades remain limited as suppliers majorly stand-in ‘wait and watch’ mode and non-desperate to offer in the large quantity in the market.
News ID: 4959 Publish Date : 2019/07/01
A Federal Energy Regulatory Commission report shows the total available installed generating capacity of coal stood at 257.5 gigawatts (slightly less than renewable energy sources for the first time US history).
News ID: 4926 Publish Date : 2019/06/28
While the United States’ coal industry has been for years losing ground to alternative energy sources, including shale and natural gas, renewables have surpassed the fossil fuel for the first time, official data shows.
News ID: 4915 Publish Date : 2019/06/27
Vietnam Ministry of Industry and Trade is planning to impose temporary anti dumping duty on some color coated steel products arriving from China and South Korea, it said earlier this week.
News ID: 4894 Publish Date : 2019/06/24
Shares in Ecuador-focused SolGold (LON, TSX:SOLG) jumped on Friday, after it announced that the country’s Constitutional Court had rejected calls for a referendum on mining in Imbabura, the province in which the company’s flagship Cascabel copper-gold project is located.
News ID: 4880 Publish Date : 2019/06/23