18 February 2019 Iron ore differentials narrow on supply pressure Portside discounts for Fortescue Metals' 56.5pc Fe super-special fines (SSF) have dropped below 20pc to the Argus 62pc PCX portside index on 15 February, the narrowest in recent months, and may contract further as supply keeps high-grade prices under pressure. Filter: Metals Asia-Pacific More filters
18 February 2019 Posco bullish on battery demand South Korean steel producer Posco said the electric vehicle (EV) industry this year faces growth limits until a product is available widely enough for demand to achieve large-scale gains. Filter: Metals Petroleum coke Asia-Pacific More filters
15 February 2019 US sanctions pull plug on Citgo Aruba project A $1.1bn Venezuelan project to refurbish a mothballed refinery on the Dutch-controlled island of Aruba has derailed because of US sanctions on national oil company PdV. Filter: Crude oil Latin America and Caribbean More filters
15 February 2019 PSC receives incentives for shredder move The city of St Louis this week granted metals recycler PSC Metals a tax break and financing to incentivize the relocation of its newly-acquired shredder in nearby Illinois to the city. Filter: Metals North America More filters
15 February 2019 Guaidó team sees big private role in oil recovery Venezuela will require massive financial, operational and technical assistance from foreign oil companies and services providers to rebuild the oil industry within a decade, senior energy aides to self-proclaimed president Juan Guaidó said today. Filter: Crude oil Natural gas Oil products Latin America and Caribbean More filters
15 February 2019 Mexico state strikes deal with Texas fuel exporters Private-sector fuel distributors will replace state-owned Pemex as the supplier for about 17pc of retail fuel stations in Guanajuato, Mexico, after the state government reached a deal with gasoline and diesel exporters in Texas, governor Diego Sinhue said. Filter: Oil products Latin America and Caribbean More filters
15 February 2019 Olympic Steel posts record sales on higher prices Cleveland-based service center Olympic Steel's fourth quarter sales hit a record $430mn on higher prices. Filter: Metals North America More filters
15 February 2019 Teck sees stable-to-higher copper output in 2019 Canada-based miner Teck expects copper production to increase by as much as 5pc in 2019 on improving ore quality at its Highland Valley Copper mine. Filter: Fertilizers Metals North America More filters
15 February 2019 US waterborne crude trade shifts toward Brent basis US waterborne crude trading activity has shifted toward European pricing structures as rising domestic production expands exports, linking the US more closely to international markets. Filter: Crude oil Europe FSU Global Latin America and Caribbean Middle East North America More filters
15 February 2019 Eight northeast gas line projects set for 2019: Update Updates total projects and in-service date for Supply Header project in tenth paragraph. Filter: Natural gas North America More filters
15 February 2019 Trading firms wind down Venezuela transactions US sanctions on Venezuelan national oil company PdV have led at least two trading houses to halt new crude and fuel swaps with the firm. Filter: Crude oil Oil products Latin America and Caribbean North America More filters
15 February 2019 Pemex $5.5bn rescue plan could grow: AMLO Mexico's state-owned Pemex will have more cash through 2024 than first announced as part of a Ps107bn ($5.5bn) financial aid plan, but it may be not the silver bullet required to rescue the company. Filter: Crude oil Natural gas Oil products Latin America and Caribbean More filters
15 February 2019 EU HRC: Stuttering north EU momentum could be fading Recent fragile upward momentum in the northwest European hot-rolled coil (HRC) market looks like it may be short-lived, with buyers spooked by Turkish mills' willingness to negotiate. Filter: Metals Europe More filters
15 February 2019 EUSFTA opens doors for Singapore polymers Europe could emerge as a more attractive market for Singapore-origin polymers once the two regions formalise a new trade agreement, although stiff competition, high freight rates and long voyage times may act as deterrents. Filter: Petrochemicals Asia-Pacific Europe More filters
15 February 2019 Cold snap grid performance tests coal reliability case An early analysis of peak power demand during the recent polar vortex shows power grids were able to perform without major issues. Filter: Coal North America More filters
