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Latest developments in hardware manufacturing, trade policies, and market trends.
Pakistan again turns to spot LNG market, seeks bids for 2 cargoes
State-run Pakistan LNG Limited (PLL) on Wednesday floated urgent tenders for the import of two liquefied natural gas (LNG) cargoes for delivery between May 12-14 and May 24-26 amid rising temperatures and power shortfall. The company set May 7 (Thursday) as the deadline for bids, which will be opene
Hellenic Shipping News - Metals & Commodities
Iron Ore Extends Rally on Stronger Steel Prices
Iron ore futures rose above CNY 815 per ton, climbing toward their strongest levels since February last year and heading for a fourth consecutive weekly gain as firmer steel prices continued to support demand for the key steelmaking material. Analysts said stronger steel prices have improved profit
Hellenic Shipping News - Metals & Commodities
Coal Falls as Fuel Switching Demand Remains Limited
Coal prices slipped toward $130 per ton and were on track to finish the week lower, as fuel switching by major Asian economies in response to the Middle East-driven energy supply shock proved less aggressive than initially expected. Thermal coal has served as an alternative to liquefied natural gas
Hellenic Shipping News - Metals & Commodities
Aluminum supply chain: Indonesia emerges from ores to ingots
Indonesia is currently restructuring its mineral industries following the nickel boom. Aluminum now sits at the center of this national industrial strategy, especially at a time when the global aluminum market is facing mounting uncertainties amid war in the Middle East. With the government doubling
Hellenic Shipping News - Metals & Commodities
Corn Futures Stay at 3-Week Low
Corn futures held around $4.5 per bushel, trading near a three-week low as faster US planting progress outweighed production pressure from elevated global energy prices. Renewed clashes between the US and Iran in the Strait of Hormuz heightened concerns over prolonged energy supply disruptions, push
Hellenic Shipping News - Metals & Commodities
Copper Set for Weekly Rise
Copper futures held above $6.1 per pound on Friday and were on track to post a weekly gain of more than 3%, supported by easing energy prices earlier in the week, which helped reduce pressure on global growth and industrial metals demand. However, sentiment remained fragile as the US and Iran exchan
Hellenic Shipping News - Metals & Commodities
The Commodities Feed: Oil rebounds on renewed US-Iran tensions
Energy – Oil climbs on fresh US-Iran clashes ICE Brent and NYMEX WTI moved higher on Friday morning after three straight sessions of losses, amid reports of renewed clashes between US and Iranian forces. Brent rose nearly 3% to just below USD 103/bbl. The rebound followed US strikes on Iranian milit
Hellenic Shipping News - Metals & Commodities
UK Natgas Futures Rebound from 2-Week Low
UK natural gas futures rose to 108.5 pence per therm, recovering from a two-week low as prospects for peace in the Middle East remained uncertain amid renewed tensions. The US military launched strikes on Iranian military targets on Thursday in response to attacks on its three destroyers in the Stra
Hellenic Shipping News - Metals & Commodities
Trump Administration Backs Nuclear Shipping in Bid to Revive U.S. Maritime Power
The Trump administration has launched a major push toward nuclear-powered commercial shipping, signaling one of the most ambitious efforts in... Read More The post Trump Administration Backs Nuclear Shipping in Bid to Revive U.S. Maritime Power appeared first on Global Trade Magazine.
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Anatolia's top steel company Tosyali plans $500M acquisition in Europe - Türkiye Today
Anatolia's top steel company Tosyali plans $500M acquisition in Europe Türkiye Today
Google News - Metal Industry Companies
Cofactr Acquires AI Solution to Manage Supply Chains That Bring Together Thousands of Parts and Hundreds of Suppliers to Create Products in the U.S. - Business Wire
Cofactr Acquires AI Solution to Manage Supply Chains That Bring Together Thousands of Parts and Hundreds of Suppliers to Create Products in the U.S. Business Wire
Google News - Hardware Supplier Companies
Cofactr acquisition of Factor.io to enhance AI supply chain automation - Digital Commerce 360
Cofactr acquisition of Factor.io to enhance AI supply chain automation Digital Commerce 360
Google News - Hardware Supplier Companies