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
South Korea's crude steel production increased and recorded a rise of 1.4% to 6.0 MnT in Apr'19 as against Apr'18. In line with it, in first 4 months of CY19, production also grew by 2.8% to 24.38 MnT in Jan-Apr'19 in comparison with 23.71 MnT during Jan-Apr'18.
News ID: 4711 Publish Date : 2019/06/01
German Chancellor Angela Merkel’s cabinet approved an aid package worth as much as 40 billion euros ($44.7 billion) by 2038 for the nation’s coal regions, launching a drive to transform chimney-stack economies into high-tech centers.
News ID: 4632 Publish Date : 2019/05/23
The creator of one of the world's largest indoor rainforests, UK-based charity The Eden project, has partnered with aluminum giant Alcoa (NYSE:AA) to build a $150 million eco-tourism attraction at the company’s former Anglesea coal mine, in Australia.
News ID: 4602 Publish Date : 2019/05/21
Indian steel market remained quite subdued for the week 20 (11-18th May'19) as the prices of raw materials like Iron ore, pellet and coal have inched up a little. However, the prices of Semis & Finished long steel products slump by INR 200-900/MT (USD 3-13), as per SteelMint assessment.
News ID: 4592 Publish Date : 2019/05/20
Indian domestic steel trade activities were subdued during the week-18 (27th Apr to 04th May) as prices remained volatile amid average supply-movement.
News ID: 4493 Publish Date : 2019/05/10
IMIDRO’s coal concentrate output during the last Iranian year (ended March 20, 2019), registered an 8 percent growth YOY.
News ID: 4481 Publish Date : 2019/05/09
Indian spot steel trade activities remains low as finished steel inventories observed more than the average basis with the mid sized mills. Participants being reported, limited inquiries from the local re-rollers for Billet & Sponge iron.
News ID: 4452 Publish Date : 2019/05/07
India’s steel giant - Tata Steel announced FY19 results yesterday. SteelMint attended the analyst/investor conference call and the highlights are mentioned below.
News ID: 4440 Publish Date : 2019/05/07
United States, world's largest ferrous scrap exporter and one of the leading steel exporters observed rebound in ferrous scrap exports in Feb'19 however, exports of Coal, Iron Ore and finish steel products dropped on monthly premises against volume registered in Jan'19, the data provided by US customs showed.
News ID: 4437 Publish Date : 2019/05/07
This week (13-20 Apr'19), Indian domestic steel prices remained volatile, however trades remained on lower side amid ongoing elections & holidays mood.
News ID: 4403 Publish Date : 2019/05/04
Indian Steel industry observed average inquiries during the Week-15 (9th to 13th Apr) owing to election mood in the country. In context to supply scenario, the production of Semis & Finished steel products more or less on same proportion, this led to volatility in prices.
News ID: 4365 Publish Date : 2019/04/20
Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 3.19 MnT in Jan'19. The exports dropped 7 month low in Jan'19, as it was last seen in Jun'18 at 2 MnT. The exports depicted fall of 35% as compared to Dec'18 exports at 4.9 MnT.
News ID: 4345 Publish Date : 2019/04/12
It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe.
News ID: 4338 Publish Date : 2019/04/12
Activity in the ICI 4 derivatives market increased again today after a relatively slow start to the month last week, with another 25,000t cleared on the CME after 20,000t traded yesterday.
News ID: 4301 Publish Date : 2019/04/10
During the Week-13 (25-30th Mar’19), Indian spot steel trades remained weak as participants were engaged to settle their accounts amid closing of fiscal year. Inline with supply, it was more or less average, this has resulted slight fall in prices.
News ID: 4193 Publish Date : 2019/04/04
Spot steel trades improved gradually today and the prices recovered in major markets. Towards the beginning of day, the prices fell by INR 200-300/MT, although by the end of day it moved up by INR 300-500/MT in major markets.
News ID: 4184 Publish Date : 2019/04/04
United States, world's largest ferrous scrap exporter and fifteenth largest steel exporter of CY17, observed increased Raw material export in CY18 while finish steel exports dropped against that of in CY17, the data provided by US customs showed.
News ID: 4155 Publish Date : 2019/03/26
It’s not a great time to be a coal miner, but there’s never been a better time for their shareholders.
News ID: 4128 Publish Date : 2019/03/23
Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 47.68 MnT in CY'18. The exports depicted rise of 16% as compared to CY'17 exports at 41.12 MnT.
News ID: 4114 Publish Date : 2019/03/22