Commodities
Vale iron fines shipments improve
(Posted on 31/07/19)Vale iron ore fines production and sales showed a substantial improvement in the end of 2Q19 with the increase in shipments in the Northern System and the resumption of Brucutu operations. The combined effects of both events will be felt more considerably in 2H19.Iron ore fines production totaled 64.1 Mt in 2Q19, 12.1% and 33.8%...
Rusal announces Q2 result
(Posted on 31/07/19)Rusal, a leading global aluminium producer, has announced its operating results for the second quarter 2019.Aluminium? Aluminium production[2] in 2Q19 totaled 938 thousand tonnes (+1.0% quarter-on-quarter (“QoQ”)), with Siberian smelters...
K+S increases capacity
(Posted on 31/07/19)With the commissioning of a new facility at the Wintershall site of the Werra plant, K+S is now capable of producing significantly larger quantities of the magnesium sulphate anhydrous specialty product, which is in high demand. Over the past three years, K+S has invested about € 34 million in the new facility. Production capacity...
BHP introduces low emissions LNG freight
(Posted on 21/07/19)BHP has released the world’s first bulk carrier tender for LNG-fuelled transport for up to 27 million tonnes of its iron ore.Introducing LNG-fuelled ships into BHP’s maritime supply chain will eliminate NOx (nitrogen oxide) and SOx (sulphur oxide) emissions and significantly reduce CO2 emissions along the busiest bulk...
World trade in hard coal rose in 2018
(Posted on 21/07/19)German Coal Importers Association e. V. (VDKi), which represents the interests of the imported hard coal market in Germany has announced that World Trade in Hard Coal Rose by 4.7% in 2018. The association believes that Hard Coal Can Prevent Stress in the Electric Power System in Germany.Hard coal-fired power plants secure supply...
ArcelorMittal sale of several European assets
(Posted on 07/07/19)ArcelorMittal has announced that it completed the sale to Liberty House Group of several steelmaking assets that form the divestment package the Company agreed with the European Commission during its merger control investigation into the Company’s acquisition of Ilva S.p.A.Assets included within the divestment package are:...
