The Life of Cramer 215
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Brazilian suppliers' 2017 flats shipments diminish 2.6% year on year
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Deliveries by Brazilian independent flat steel distributors and solution centers in 2017 slid 2.6% year over year to 2.96 million mt, apartments suppliers' association Inda stated Tuesday.
In HEDP , shipments from these players totaled 3.04 million mt.
Shipments of hot-rolled carbon steel sheet were the most representative from the total, accounting to 1.42 million mt-- a decrease of 5.8% when contrasted to 1.5 million mt shipped in 2016. Read Full Post »
In HEDP , shipments from these players totaled 3.04 million mt.
Shipments of hot-rolled carbon steel sheet were the most representative from the total, accounting to 1.42 million mt-- a decrease of 5.8% when contrasted to 1.5 million mt shipped in 2016. Read Full Post »
China ferrochrome costs drop on yuan devaluation, grim overview
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Place prices of ferrochrome imported right into China dropped today on the yuan depreciation and weak demand because of the grim outlook for stainless steel.
Platts examined the Chinese place import rate of Indian-origin 58-62% high-carbon ferrochrome at 74-75 cents/lb CIF China Friday, down from 78.5-79 cents/lb CIF China a week earlier.
South African-origin 48-52% charge chrome costs were assessed at 73.5-74 cents/lb CIF China Friday, down from 77-78 cents/lb a week earlier. Read Full Post »
Platts examined the Chinese place import rate of Indian-origin 58-62% high-carbon ferrochrome at 74-75 cents/lb CIF China Friday, down from 78.5-79 cents/lb CIF China a week earlier.
South African-origin 48-52% charge chrome costs were assessed at 73.5-74 cents/lb CIF China Friday, down from 77-78 cents/lb a week earlier. Read Full Post »
Brazilian level steel manufacturers signal price walkings, though purchasers have doubt
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Brazilian mills, motivated by the currency exchange price, are signifying a brewing cost walking on level steel items for October spot purchases, in spite of the depressed demand situation that lingers, market resources stated Wednesday.
According to one exec, steelmakers are targeting prices increases for warm- and cold-rolled items, as well as for hot dip galvanized, of in between 5% to 10%.
The step, he stated, "is linked to the adverse premium of the domestic products over ... Read Full Post »
According to one exec, steelmakers are targeting prices increases for warm- and cold-rolled items, as well as for hot dip galvanized, of in between 5% to 10%.
The step, he stated, "is linked to the adverse premium of the domestic products over ... Read Full Post »
Gazprom raises estimate of Europe-bound gas exports to 158 Bcm
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Russia's Gazprom has actually elevated its projection for natural gas exports to Europe and also Turkey to 158 billion cubic meters in 2015 as everyday elections by consumers are going beyond last-year degrees, with the ordinary cost of Gazprom's gas estimated at Eur195.9/ 1,000 cu m ($ 221.7/ cu m) for the upcoming winter.
" The current projection sees gas exports at over 158 billion cubic meters," Gazprom's replacement CEO Alexander Medvedev said Monday.
The figure includes q... Read Full Post »
" The current projection sees gas exports at over 158 billion cubic meters," Gazprom's replacement CEO Alexander Medvedev said Monday.
The figure includes q... Read Full Post »
Europe: Lukoil may redeem staying 6.6% stake from Conoco by end 2011
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Russia's Lukoil retains the right to redeem the remaining 6.6% in the company held by US company ConocoPhillips after exercising a choice to buy a stake of nearly 5% over the weekend break, a spokesperson for the Russian oil firm stated Monday.
"There is no due date for the choice to redeem the remaining stake," he added.
Conoco expects to offer the continuing to be shares that it holds in Lukoil "by the end of following year and it can provide them to Lukoil," the spokesperson... Read Full Post »
"There is no due date for the choice to redeem the remaining stake," he added.
Conoco expects to offer the continuing to be shares that it holds in Lukoil "by the end of following year and it can provide them to Lukoil," the spokesperson... Read Full Post »
