The resumption of halted operations at coking coal mines in the US comes amid signs of potential improvements in demand. But buyer s and producers are still uniformly cautious about recovery for the rest of 2020.
News ID: 9494 Publish Date : 2020/05/15
LNG buyer s in India have shrugged off the extension of a nationwide lockdown by a further two weeks from today, anticipating restrictions will be lifted gradually until the number of Covid-19 cases drop. But downstream demand for LNG may only start to increase after a few months.
News ID: 9307 Publish Date : 2020/05/04
Diesel and gasoil shipments are piling up outside the key northwest European trading hub of Amsterdam-Rotterdam-Antwerp (ARA), as cargoes converge in the hope of finding storage space or inland buyer s. But market participants say the region's tanks are almost completely booked up.
News ID: 9283 Publish Date : 2020/05/01
Vietnam's coal imports increased in March from a year earlier, partly because some cargoes destined for India were resold to Vietnamese buyer s. But there is uncertainty surrounding Vietnam's future demand amid a lack of clarity on whether its Covid-19 restrictions, which are set to expire today, will be extended.
News ID: 9157 Publish Date : 2020/04/15
The Opec+ agreement to cut crude output is insufficient to balance the market amid continuing declines in demand from the Covid-19 pandemic, Asia-Pacific crude buyer s said today.
News ID: 9117 Publish Date : 2020/04/13
Imported scrap trades to India witnessed considerable improvement this week, with decent bookings being witnessed after slow activity in the previous couple of weeks. Offers from global origins continued to rise sharply, however buyer ’s inquiries remained active, as mills looked to book some material in anticipation of further price hike.
News ID: 8996 Publish Date : 2020/02/21
The cost of insuring the debt of European steelmakers is rising exponentially as demand collapses.
News ID: 8841 Publish Date : 2020/03/24
Imported scrap Offers to Pakistan have plummeted over the last week, following a downturn at global levels as well as low bids and general disinterest from the buyer s' side. This week, the buying activates remained the slowest among the last 4-5 weeks, although few odd bookings were concluded. Sudden currency depreciation also remained a concern.
News ID: 8812 Publish Date : 2020/03/17