Traders fear liquidity squeeze in South African coal market
Stephanie Wilson on how continuing strong screen prices of spot thermal coal threaten to reduce liquidity in the South African Richards Bay market.
Northeast US mills, East Coast scrap exporters raise prices
Northeastern US mills and East Coast bulk exporters raised offer prices on May 2 to secure material amid a firm export market and anticipated significant increases in domestic scrap prices this week during the May buy.
Surge in Ridership Pushes New York Subway to Limit
Riders across the city are finding themselves on packed platforms and trains, leading to delays, tense commutes and even an uptick in assaults among disgruntled passengers.
Declining energy prices lower the cost of living
(Tue, 03 May 2016) Since June 2014, decreases in crude oil and natural gas prices have reduced household energy costs. According to initial figures from the U.S. Bureau of Labor Statistics (BLS), the chained consumer price index for urban consumers (C-CPI-U) decreased by 1.2% from June 2014 to February 2016. Lower energy prices had a significant impact on this decrease in spite of increases in the food and shelter components of the overall index, which represent larger shares of household expenses.
Brexit: What could it mean for the North Sea's oil?
In less than two months UK citizens will make one of their biggest political decisions in more than 40 years. How might this impact North Sea oil production?
EIA produces new maps of the Utica Shale play
(Mon, 02 May 2016) The U.S. Energy Information Administration has produced new maps that show the structure, thickness, and geologic setting of the Utica Shale play and the location of production wells. Production of oil and natural gas from the Utica play has increased since 2011, with more than 1,700 wells drilled as of January 2016. The Utica play includes both the Utica formation and the deeper Point Pleasant formation, each with its own characteristics.
Uranium industry focuses on costs as supply glut continues
With oversupply, low prices, lack of liquidity and low demand from utilities uranium, market participants have little to no expectation of market conditions improving.
China's ferrous futures market gains local stardom
It's not stallions but sinter feed that has been the star turn in China -- not well-reared horses but reinforcing bar the center of attention. Ciaran Roe reveals all.
Natural gas net imports in 2015 at lowest level since 1986
(Fri, 29 Apr 2016) U.S natural gas net imports fell to 2.6 billion cubic feet per day (Bcf/d) in 2015, continuing a decline that began in 2007, when net imports of natural gas exceeded 10 Bcf/d. While both U.S. natural gas consumption and production have increased in recent years, natural gas production has grown slightly faster, resulting in a decline in net imports. Increasing domestic production of natural gas has reduced U.S. reliance on imported natural gas and kept U.S. natural gas prices relatively low.
PP: Brazil rises $20 on week
Polypropylene import pricing was $20/mt higher for the week in Brazil, with homopolymer assessed April 27 at $1,205-$1,215/mt CFR Brazil.