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Industry News
Monday, April 21, 2014 BHP Billiton to curtail aluminum capacity at Brazil's Alumar smelter » As challenging conditions in the aluminum industry persist, global resources giant BHP Billiton (NYSE: BHP) deci...
Thursday, April 17, 2014 EURO COAL-Prices dip ahead of low-demand Easter and May » European physical coal prices and futures fell on Thursday on a mix of oversupply and a weak demand outlook for Easter and...
Thursday, April 17, 2014 India Reliance, HPCL Mittal plan refinery expansions » India's Reliance Industries (RELI.NS), owner of the world's biggest refining complex, and HPCL-Mittal Energy Ltd...
Wednesday, April 16, 2014 Crashes in crucial U.S. crude waterway hit 10-year low » Serious crashes in the bustling Bay of Galveston have fallen to the lowest level in a decade even as more oil moves on U.S...
Wednesday, April 16, 2014 UPDATE 1-China's March daily steel output at record, but set to slow » China's average daily crude steel output hit a record high 2.27 million tonnes in March, government data showed, as steelm...
Wednesday, April 16, 2014 China March crude oil throughput up 2.6 pct y/y » China's refinery crude throughput in March rose 2.6 percent from a year earlier to 41.92 million tonnes, or 9.87 million b...
Wednesday, April 16, 2014 European Coal Price for 2015 Advances to Highest in Two Months » Cold weather in Russia as well as export interruptions from the U.S. have cut the volume of thermal coal available to Euro...
Wednesday, April 16, 2014 LME says court refuses permission to appeal warehouse ruling » The London Metal Exchange (LME) said the High Court on Wednesday refused permission to launch an appeal to a ruling last m...
Wednesday, April 16, 2014 China economic growth slows to 18-month low in first-quarter » China's economy grew at its slowest pace in 18 months at the start of 2014, but did a touch better than expected and showe...
Tuesday, April 15, 2014 Oil Climbs to Five-Week High on Ukraine-Russia Tension » Brent and West Texas Intermediate crudes rose to five-week highs as tension escalated between Ukraine and Russia...
Tuesday, April 15, 2014 California to see surge in oil brought in by rail » The Ventura County Star reported Sunday that the increase in rail traffic will happen quickly, jumping from 9,000 car...
Tuesday, April 15, 2014 ConocoPhillips boosts estimate of Eagle Ford barrels » ConocoPhillips says it’s sitting on even more oil in its Eagle Ford Shale acreage than it thought.The company this week in...
Monday, April 14, 2014 Japan utilities' coal, gas use hit record in 2013/14 » Japan's main utilities consumed record volumes of thermal coal and gas for power generation in the year ended March amid...
Monday, April 14, 2014 Project to boost Sohar Aluminium output » Sohar Aluminium, Oman’s biggest non-hydrocarbon industrial venture, has approved plans for the implementation of a product...
Monday, April 14, 2014 China Cuts in Coal Use May Mean World Emissions Peak Before 2020 » Global greenhouse-gas emissions may peak before 2020 if China achieves a plan to drastically cut its coal use, reducing ca...
Friday, April 11, 2014 Phillips 66 says exporting U.S. oil to Canada » Phillips 66 joined a long list of companies exporting U.S. oil to Canada after it secured a license to do so last year, th...
Friday, April 11, 2014 Houston Fills With Crude Oil That Can’t Be Shipped Out » Storage tanks are filling as new pipelines carry light, sweet oil found in shale formations to the coast and U.S...
Friday, April 11, 2014 Houston Fills With Crude Oil That Can’t Be Shipped Out » Storage tanks are filling as new pipelines carry light, sweet oil found in shale formations to the coast and U.S...
Thursday, April 10, 2014 U.S. House panel to look at aluminum prices, warehousing » A U.S. congressman on Wednesday expressed concern to regulators about inflated aluminum prices as a result of th...
Thursday, April 10, 2014 China Exports Unexpectedly Fell in March » China’s exports and imports unexpectedly fell in March as Premier Li Keqiang said the nation will roll out more...
Wednesday, April 9, 2014 Worldsteel sees 2014 global demand growth falling as China decelerates » Global steel consumption this year is expected to grow at a slower pace than in 2013 due to China's deceleration and as em...
Wednesday, April 9, 2014 Petcoke storage company dismissed by Detroit zoning board » A Detroit company, which last year illegally stored huge piles of petroleum coke on the riverfront, has not held a valid...
Tuesday, April 8, 2014 New Chinese plants could hamper global refining earnings » Cheap natural gas and oil supplies will give Gulf Coast refiners an edge in global markets, but over the next two years, n...
Tuesday, April 8, 2014 Shale gas boom leaves wind companies seeking more subsidy » The $14 billion industry, the world’s second-largest buyer of wind turbines, is reeling from a double blow — cheap natural...
Tuesday, April 8, 2014 Cement groups Lafarge, Holcim in $50bn-plus merger talks » The world's two largest cement makers, France's Lafarge and Switzerland's Holcim, are in advanced talk...
Tuesday, April 8, 2014 LME may not launch aluminium premium contract until 2015 » The London Metal Exchange may not launch its new aluminium premium contract until early next year, the exchange's top exec...
Monday, April 7, 2014 Rusal defends metals warehouse court challenge after criticism -letter » Russian aluminium giant Rusal , which won a court ruling last month that halted a key metals warehouse reform, h...
Monday, April 7, 2014 Aluminum smelters in Dubai, Abu Dhabi join forces » Mubadala Development Company of Abu Dhabi and the Investment Corporation of Dubai said on Monday they have formally incorp...
Monday, April 7, 2014 Goa Carbon reports 18,425 MT of Calcined Petroleum Coke production for March » Goa Carbon has reported production of 18,425 MT (million tonnes) of Calcined Petroleum Coke for the month of March 2014. O...
Monday, April 7, 2014 To Export U.S. Oil or Not Boils Down to Industry Profit » Here’s how the battle lines are drawn: Oil producers want to chase higher prices overseas. Refiners want to keep cheaper d...
Friday, April 4, 2014 Regulators cut loans to excess producers in key industries » The China Banking Regulatory Commission has issued a notice to local banks to stop loaning to certain industries with over...
Friday, April 4, 2014 Japan's crude steel output expected to fall 3.8% in April-June » Japan's crude steel production in the current April-June quarter is expected to fall 3.8 percent from a year earlier to 27...
Friday, April 4, 2014 Ecopetrol's Cartagena refinery to restart around May 2015 » The 80,000 barrel per day (bpd) Cartagena refinery of Colombian state-run oil company Ecopetrol SA will reopen in the firs...
Friday, April 4, 2014 Aluminum Warehousing: Where Do We Go From Here? A MetalMiner Q&A » Aluminum markets were pushed into uncertainty this week as The London Metal Exchange was forced put on hold new rules to t...
Thursday, April 3, 2014 China takes first step to steady economic growth » China acted for the first time this year to steady its stumbling economy by cutting taxes for small firms on Wednesday and...
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