Links to previous press releases are below.
HRB Steel Prices Decline
The Chinese domestic hot rolled band (HRB) price fell to lowest level since November at $458/t on 22 May, down $17/t over the preceding two weeks, according to World Steel Dynamics. Similarly, The Western European and US HRB prices fell $61/t and $24/t to a respective $820/t and $1,170/t.
Singapore’s fuel oil stocks tumble to nine-month low
Singapore’s fuel oil inventories declined by 1.69M bbls w-o-w and 5.39M bbls y-o-y to 17.49M bbls during the week ending 24 May, the lowest level since August, according to Reuters citing Enterprise...
Read MoreUS gasoline inventories fall to six-month low
Total US gasoline inventories declined by 2.1M bbls w-o-w and 3.4M bbls y-o-y to 216.3M bbls during the week ending 19 May, falling for the third consecutive week to the lowest level since November,...
Read MoreChinese Iron Ore Imports by Source
Chinese iron ore imports from Australia rose 3.7 Mt year-on-year to 60.6 Mt in April, contributing to shipments 14.4 Mt higher in January-April at 246.7 Mt, customs data show. Imports from India also...
Read MoreChina’s clean oil product exports fall to nine-month low
China’s clean oil product exports declined by 231K b/d m-o-m and 54K b/d y-o-y to 600K b/d in April, falling for the fourth consecutive month to the lowest level since July, according to China customs...
Read MoreApril World Crude Steel Production
World crude steel production declined 2.4% year-on-year to 161.4 Mt in April, according to World Steel Association data. Although output in Asia fell 1.5% to 120.5 Mt, production in India and South...
Read MoreChinese Bauxite and Nickel Ore Imports
Chinese imports of bauxite from Indonesia fell to none in April, down from 2.1 Mt the year before, Chinese customs data show. However, total Chinese bauxite imports increased 0.9 Mt to 12.0 Mt in April,...
Read MoreChina’s crude imports from Russia ease in April
China’s crude oil imports from Russia fell by 530K b/d m-o-m to 1.74M b/d in April, easing after previously reaching a fresh record high in March, China customs data showed. Despite easing on a monthly...
Read More