Tag : ec

What Happened in China’s Graphite Electrodes Market this Week?

16 June 2019 - 00:23
The Chinese graphite electrodes prices especially that of UHP grade continues to remain stable this week. The current prices in China of UHP grade GE of size 450mm are heard to be in the range of RMB 24,000 – 26,000/MT (USD 3,470 – 3,760/MT) whereas that of size 600mm are in the range of RMB 48,000 – 60,000/MT (USD 6,940 – 8,675/MT).

Japan’s Graphite Electrodes Major Showa Denko to upgrade its European Production Sites

14 June 2019 - 00:52
Amid the increased graphite electrodes supplies from China and subsequent fall in global GE prices, Japan’s key electrodes manufacturer, Showa Denko has decided to improve its Carbon division’s production facilities in Europe with a planned investment of 5 billion yen.

China’s Major GE Manufacturer Resumes Production, Supply set to Increase

11 June 2019 - 22:00
China’s Heilongjiang Changsheng Carbon Co. Ltd., located in Sahngzi city of Heilongjiang province has once again started the production of graphite electrodes after the closure for almost seven years. The factory formerly known as Luohe Carbon Plant was closed down in the year 2012 amid poor market demand.

Iraqi Kurdistan Calls for More Economic Ties with Iran

10 June 2019 - 20:16
The Importer and Exporter Union of Iraq’s Northern region of Kurdistan called for wider economic relations with Iranian traders, and asked for an office of Sanandaj Chamber of Commerce to be opened in Erbil, the central city of the Iraqi Autonomous Region.

FM: US Should Stop Economic War against Iran to Deescalate Tensions in Region

10 June 2019 - 20:08
Iranian Foreign Minister Mohammad Javad Zarif blasted the US for imposing tough sanctions against his country, saying that regional tensions will relieve after Washington stops economic warfare against Tehran.

Iran’s Oil-Free Economic Conduct

10 June 2019 - 19:56
The Iranian Parliament’s Research Center (IPRC) released a new plan on how to deflate the US economic pressures by cutting off dependence on oil revenues as a counter-strategy against the US sanctions on Iranian crude supplies.

Former Official: Iran's Petrochemical Products Hard to Trace

10 June 2019 - 00:04
Former Managing Director of the National Petrochemical Company (NPC) Abbas Shae'ri Moqaddam downplayed the impacts of the US petrochemical sanctions against Iran, saying that finding the origin of such products is not easy.

Russia Meets OPEC+ Target in May

9 June 2019 - 23:29
Russia’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports via Druzhba, the nation’s key pipeline to Europe, because of contamination.

Saudis Sure of OPEC+ Cuts Extension With Russia Coop.

9 June 2019 - 23:19
Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.

Indian Secondary Rebar Market Observes Limited Demand

9 June 2019 - 15:30
Indian secondary rebar demand remained subdued across region with limited buying interest from traders & retailers amid higher inventory levels seen from major supplying regions as price level reduced by INR 400-800/MT across regions.
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