China's construction and manufacturing sectors have recovered fast enough from the impact of the Covid-19 outbreak to work down its record steel inventories to more typical levels, providing one of the few supports to global steel markets.
News ID: 9275 Publish Date : 2020/04/30
Greetings from AlCircle! We hope you all are staying safe and remaining healthy at this challenging time.
News ID: 9271 Publish Date : 2020/04/29
Covid-19 is threatening Australia's mining and petroleum services industry, potentially limiting the ability of the resources and energy sectors to quickly rebound by creating skills shortages and reducing the availability of key equipment and services.
News ID: 9268 Publish Date : 2020/04/29
Passenger traffic at Japan Airlines (JAL) fell in March against flight reductions amid the Covid-19 pandemic, latest figures from the company show.
News ID: 9267 Publish Date : 2020/04/29
China's two largest oil companies state-controlled PetroChina and Sinopec slumped to big losses in the first quarter as the impact of the Covid-19 outbreak hit their domestic refining operations.
News ID: 9265 Publish Date : 2020/04/29
Indian steel exports in March fell by 3.2pc from a year earlier to 573,000t following its nationwide lockdown to stop the spread of Covid-19.
News ID: 9262 Publish Date : 2020/04/29
Philippine cracker operator JG Summit has postponed the start-up of several of its expanded downstream petrochemical units to this year's fourth quarter, as the Covid-19 outbreak and the subsequent nation-wide lockdown affected work that was initially expected to see them come on stream in June.
News ID: 9255 Publish Date : 2020/04/28
Aluminium du Maroc, specializing in the design and manufacturer of aluminium alloy profiles for building and industry in Morocco, stated in their financial result that its net profit in 2019 stood at MDH 60.1 million, an increase by 4.7% compared to 2018.
News ID: 9243 Publish Date : 2020/04/27
Australian refiner and marketer Viva Energy has started preparations to shut the residual catalytic cracker (RFCC) and associated processing units at its 128,000 b/d Geelong refinery in Victoria from early May.
News ID: 9241 Publish Date : 2020/04/27
SK Innovation, South Korea's largest refiner, will likely need to further reduce the operating rate of its 840,000 b/d Ulsan complex because the impact of the Covid-19 pandemic on oil products exports will be felt more fully this summer.
News ID: 9240 Publish Date : 2020/04/27
All of South Africa's open cast mines can resume full production once the country's Covid-19 lockdown period ends on 30 April, while all other mines will operate at 50pc of capacity.
News ID: 9226 Publish Date : 2020/04/24
Closures by US integrated steelmakers hammered by Covid-19-related customer shutdowns should help domestic scrap-based minimills grab more market share.
News ID: 9225 Publish Date : 2020/04/24
Malaysia's Felda Sahabat palm oil plantation complex in Sabah state's Lahad Datu district has been ordered to close temporarily because of violations of Covid-19 movement control orders.
News ID: 9200 Publish Date : 2020/04/20
Indian state-controlled refiners have seen a 50pc decline in fuel demand in April after the government extended a nationwide lockdown to fight the Covid-19 outbreak.
News ID: 9197 Publish Date : 2020/04/20
The World Bank Group (WBG) is expected to launch health emergency programs in over 100 countries by the end of April to support the fight against COVID-19, with 64 already in operation, President David Malpass said Friday.
News ID: 9188 Publish Date : 2020/04/18
The International Monetary Fund is still assessing Iran’s request for $5 billion in emergency financing, a senior IMF official said.
News ID: 9184 Publish Date : 2020/04/16
The Export Guarantee Fund of Iran, the state-owned export credit agency, has raised the ceiling of its coverage to help support businesses affected by the COVID-19.
News ID: 9182 Publish Date : 2020/04/17
Malaysia has halted the nationwide implementation of its higher 20pc blending mandate (B20) in transport as it focuses on containing the Covid-19 outbreak.
News ID: 9173 Publish Date : 2020/04/16
India is taking special steps to support renewable energy projects during the extended Covid-19 lockdown in a bid to stick to the country's broader goal of trimming its reliance on coal.
News ID: 9171 Publish Date : 2020/04/16
BP said it will provide access to its supercomputer centre in Houston and allow its scientists and experts, to help work aimed at halting the spread of Covid-19.
News ID: 9168 Publish Date : 2020/04/16
