On December 21, the commissioning ceremony of the Kovykta gas condensate field in Russia's Irkutsk region and the Kovykta-Chayanda section of the "Power of Siberia" gas pipeline was held simultaneously in several places in Russia. Russian President V…
France's annual inflation rate hit 6.1 percent in July 2022, rising further from 5.8 percent in June, the highest since July 1985, the National Institute for Statistics and Economics (Insee) said.…
Official French data shows that for three consecutive days, there were more than 140,000 new confirmed cases in a single day in France: 145,560 new cases on the 23rd, 148,635 new cases on the 24th, and 143,571 new cases on the 25th. The daily average…
According to Mysteel, the recent European hot coil prices continue to soar, as of today, the mainstream hot coil S235JR quoted at 1300 euros/ton (1418 DOLLARS) EXW, the price is more than the similar products in the United States about 100 dollars/to…
Iron ore prices have been surging since early March, with weekly gains of 21% in the first week of the month. Since November 18, 2021, the price of 62% grade Australian fine ore ($87.2 / ton) fell to the "freezing point" since the second half of 2020…
Gasoline prices at gas stations in the second week of March rose 97.6 won from the previous week to 1,861.6 won per liter. Although the average price for a week did not exceed 1,900 won, the price in the second half of the week in Seoul exceeded 2,00…
Since the beginning of 2022, the price of ternary lithium battery metal materials has continued to rise, which will lead to a rise in battery prices of about 18%, which in turn will hurt the total profits of electric vehicle manufacturers. It is repo…
After a dismal close last year, thanks to the continued safe-haven demand from investors, the international gold price started this year well, outperforming stocks and bonds. A reporter from China Business News found that as of February 18, the inter…
Steel processing industry - Current status of the slitting production line Growth in the construction, automotive and consumer slitting production line has played a big role in providing the needed boost to the global steel processing industry. The g…
Many coke companies in Shandong prepare to jointly raise In view of the increase in coal prices and the significant increase in costs, in order to ensure the normal profits of enterprises, many coking companies in Shandong are preparing to jointly ra…
Soaring 11,000 yuan/ton! Coatings and raw materials have risen across the board! Since August, titanium dioxide, emulsion, glue, and filler companies have sent letters to increase the price, and the chemical market has been booming. Some chemicals ro…
According to data from the China Iron and Steel Association, in the first ten days of August, the daily output of crude steel by key steel companies was 2.0439 million tons, a year-on-year decrease of 4.4%, which was also two consecutive ten-year dec…