Billet premiums also remained unchanged as producers and merchants continue to concentrate on value-added billet sales rather t Read more.New York, 1 February (Argus) — Kansas-based aerostructure manufacturer Spirit AeroSystems increased its revenue forecast for 2017 by 3pc from a year earlier amid a push to improve productivity and meet production rate changes for customers.Houston, 20 July (Argus) — The global primary aluminium deficit rose by 56pc from January through May compared to the same period a year earlier, according to the World Bureau of Metal Statistics.Steel production in the three countries rose to 110mn metric tonnes (t) from 109.5mn t a year earlier as higher output in Mexico and Canada offset a decline in th Read more.This article highlights the key differences between WTI and Brent crude oil. These funds tend to have relatively stable share prices, and higher than average yields.The idling helped support prices for ferrous scrap prime grades in Read more.
The only outstanding investment approval now needed for the project to proceed is from Au Read more.Johannesburg, 27 February (Argus) — Australia-listed Botswana Metals signals potential for lithium, tantalum and tin from soil sampling assays in north-eastern Botswana.
Houston, 10 March (Argus) — Around 1,500 workers launched today an indefinite strike at the Cerro Verde copper mine in Peru controlled by US-based Freeport-McMoRan, which already faces an outage at its largest mine in Indonesia.New York, 9 March (Argus) — US imports of major noble alloys climbed by 41pc during January from a year earlier, reflecting higher ferro-molybdenum and ferro-vanadium levels.London, 23 February (Argus) — The titanium market is starting to turn after years in the doldrums as consumer destocking draws to a close and the impact of production cuts starts to be felt.Houston, 6 January (Argus) — Export yard buying prices remained unchanged across the country this week as domestic suppliers and offshore buyers waited for price signals from US domestic trade.Keel is situated in County Longford and has an inferred mineral resource of 6.9mn t gradin Read more.Tight offshore and domestic selenium supplies forced traders to raise offers Read more.London, 2 February (Argus) — Finnish automotive engineering firm Valmet Automotives will look to expand into manufacturing batteries for electric vehicles, after entering into an agreement to acquire German engineering firm Semcon.The strongest performer was nickel with production of 115 Read more.CRUDE OIL PRICES: HISTORY, FORECAST, AND IMPACT ON ECONOMY RUSSIAN JOURNAL OF GENERAL CHEMISTRY Vol. 79 No. 11 2009 2487 is higher than $20000 and average...
Houston, 13 February (Argus) — Stainless steel scrap processor buying prices rose Monday as London Metal Exchange (LME) nickel prices rallied and amid continuing tightness of austenitic stainless grades.New York, 8 March (Argus) — US selenium prices were up in the latest week amid tight offshore and domestic supplies.Daily Commodity Futures Price Chart: April 2017 Light Crude Oil (NYMEX).Perth, 6 January (Argus) — Sydney-based mining company Ardea Resources is on track for an initial public offering in February.
Houston, 23 January (Argus) — US stainless steel producers lowered nickel-based surcharges for February shipments for stainless 304 and 316 after nickel prices fell by 9.55pc on the London Metal Exchange during the reporting period.Freight rates for 40,000t scrap cargoes on Supramax vessels from Po Read more.New York, 2 February (Argus) — High-carbon ferro-manganese prices rose in response to higher steel mill utilisation rates and falling consumers stocks.New York, 14 February (Argus) — Increased demand from investment funds and traders for additional cobalt further cut into supplies and pushed prices up in the past week.Service center steel shipments totaled 3.34mn net tons (nt) (3.03metric tonnes) compared with 3.01nt a year earlier, according to data released today by Illinois-ba Read more.The price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude oil—a reference price for buyers and sellers of crude oil such.Steel imports totaled 2.8mn net tons (2.5mn metric tonnes) in November, up from 2.35mn nt a Read more.
The majority of the crude oils we produce are suitable for the manufacture of high valued transportation fuels and specialty products.Houston, 9 February (Argus) — Asia Cu scrap: Bare bright spreads remain flat Price spreads for bare bright to Japan and South Korea were flat in the latest week amid subdued demand even as interest in China is showing signs of picking up after the lunar new year holidays.Houston, 15 February (Argus) — US service center shipments of aluminum products were up by 8.3pc in January from a year earlier, along with inventories, which increased by 1.2pc. Shipments rose to 133,200net tons (nt) (120,837metric tonnes) in January from 123,000nt a year earlier, acco Read more.The joint venture has approved an expansion of the opencast mining and or Read more.Houston, 28 December (Argus) — The midwest premium for primary aluminum rose Wednesday as traders pushed for higher prices, but spot business was thin.
US steel imports dropped to 33mn net tons (nt) (30mn metric tonnes) in 2016 from 38.8mn nt a year earlier, according to data com Read more.Johannesburg, 27 January (Argus) — Singapore-based manganese alloys producer and trader OM Holdings (OMH) continued to ramp up sales of ferro-silicon from its Malaysian Sarawak plant in October-December last year.The Tangshan billet price has now recovered the losses that it experienced on 24-26 December.New York, 13 February (Argus) — US high-carbon ferro-chrome prices were up in the latest week following the return of Chinese buyers from approximately two weeks of holidays.
The above chart shows the correlation between the average annual price of regular gasoline and the average annual price of crude oil.Houston, 16 March (Argus) — Pennsylvania-based Carpenter Technology Corporation Thursday announced increases in base prices for all specialty stainless, high temperature, electronic and premium alloy steels, effective for all new non-contract orders placed after March 31.London, 24 January (Argus) — Steel prices in China remained steady with no significant deals in the market, while futures prices jumped in the Shanghai Futures Exchange (SHFE) today.
Houston, 3 March (Argus) — US steelmaker Nucor is set to restart its direct-reduced iron plant (DRI) in Louisiana by the end of next week.New York, 9 January (Argus) — US high-carbon ferro-chrome prices were up in the latest week amid high costs for replacement alloy from Turkey and Russia.
Houston, 27 February (Argus) — US zinc premiums strengthened in the latest week as a strike at CEZinc, owned by Noranda Income Fund and operated by Glencore, went into its 15th day.Houston, 19 January (Argus) — Stainless steel processor buying prices for nickel bearing scrap remained unchanged Thursday amid a third drop in daily exchange-traded nickel prices.Sao Paulo, 17 February (Argus) — Peruvian molybdenum production increased 20.4pc in December from a year earlier to 2,249t and was up 12pc against November.Tungsten concentrate China imported 191t of tungsten concentrate in January, down b Read more.Imports of base metal scrap rose to 68,344t in November from 58,586t a year earlier, according to Commerce Department da Read more.
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