Links to previous press releases are below.
Japanese Steel Exports Drop
At 8.3 Mt, Japanese steel exports dropped 0.6 Mt annually in the 4q19, data from the Japan Iron and Steel Federation reveal. The fall featured declines in exports to Asia (-0.8 Mt to 6.5 Mt) and North...
Read MoreChinese crude imports from Saudi Arabia rise
Chinese crude imports from Saudi Arabia in 2019 rose by 534K b/d y-o-y to 1.67M b/d, according to Chinese customs data.
The increase means Saudi Arabia has overtaken Russia to become China’s...
Read MoreMexico's annual crude output falls
Mexico's crude output in 2019 fell 135K b/d y-o-y to 1.68M b/d, according to data from Pemex.
Refined product imports in 2019 also dropped, falling to the lowest level since 2016. Mexico imported...
Read MoreChina expected to cut refinery runs by 0.6-1M b/d
China based analysts expect Chinese refiners to cut runs by between 0.6M b/d and 1.0M b/d on weaker domestic demand as a result of the coronavirus, Reuters reports.
Lower runs will likely result...
Read MoreTrucking Halt at Major Chinese Iron Ore and Coking Coal Ports
All trucks have been forbidden from entering or leaving two of China’s major iron ore and coking coal discharge ports (Jingtang and Caofeidian) as of 28 January as the country looks to control any further...
Read MoreSouth Africa’s Iron Ore Exports
South Africa’s iron ore exports in the first eleven months of 2019 reached 60.0 Mt, up 2.2 Mt on the corresponding period in 2018, data from the Tex Report reveal. January-November shipments to China...
Read MoreOPEC+ cuts could extend to June
The current round of crude oil production limits agreed in December could be extended to June if oil demand in China is significantly impacted by the coronavirus, Reuters reports.
The coronavirus...
Read MoreSSY Futures Ltd Arranges The First Options Trade in Mid Western Aluminium Premium
SSY Futures Ltd is pleased to announce that it has arranged the first trade in Mid Western Aluminium Delivery Premium options. The trade was for 250 metric tonnes per month of the contract for settlement...
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