Tags - Coronavirus
State-controlled mining firm Coal India's (CIL) ambitious output growth plans face a review after recording its first fiscal year-on-year drop in output in around 20 years, with the demand outlook equally clouded because of the impact of the coronavirus pandemic.
News ID: 9028    Publish Date : 2020/04/02

Commercial air traffic in China picked up in March from a month earlier, but was still down by more than half from levels before the coronavirus outbreak, China's civil aviation administration (CAAC) said.
News ID: 9025    Publish Date : 2020/04/02

Utilisation rates at India's largest LNG receiving terminal, the 17.5mn t/yr Dahej facility, are expected to dip further next week after they fell below 50pc this week from around 70pc at the end of last week. Rates have fallen as gas consumption has taken a sharp hit following the Indian government's restrictions on business and industrial activity and road travel to halt the spread of the coronavirus.
News ID: 9023    Publish Date : 2020/04/02

Japanese metals producers Mitsubishi Materials (MMC) and Kobe Steel (Kobelco) have agreed to delay their plan to transfer copper tube production assets to an investment fund, citing uncertainty caused by the coronavirus epidemic.
News ID: 9014    Publish Date : 2020/04/01

Several coal-consuming industries are likely to remain operational in Vietnam along with the power stations even as the government intensifies efforts to contain the coronavirus outbreak. But health-related precautions may result in labour challenges.
News ID: 9012    Publish Date : 2020/04/01

As many as 25 very large crude carriers (VLCCs) were booked for floating storage during 1 February-30 March, according to shipping data obtained by Argus, as crude demand and prices plummet from a combination of the Opec+ battle for market share and the coronavirus pandemic.
News ID: 9006    Publish Date : 2020/04/01

Brazil's state-controlled Petrobras has doubled production cuts to 200,000 b/d in response to the oil price collapse.
News ID: 9004    Publish Date : 2020/04/01

Hydro said the Coronavirus situation continues to weigh on the company’s markets and operations. This affects production at several extrusion sites, mainly in Europe. Around 35 percent of the sites running at reduced levels and around 20 percent either closed or running at very low levels.
News ID: 8993    Publish Date : 2020/03/31

Indian polymer demand is continuing to fall as the country approaches its second week of a 21-day lockdown to stem its coronavirus outbreak.
News ID: 8992    Publish Date : 2020/03/31

Polymer futures on China's Dalian Commodity Exchange (DCE) rebounded slightly today after hitting fresh 16-year lows yesterday, hit by the global spread of the coronavirus and slumping crude prices.
News ID: 8991    Publish Date : 2020/03/31

The Queensland state government has tightened the number of mine workers travelling from Australia's other states to only those critical to operations to combat the spread of the coronavirus outbreak.
News ID: 8990    Publish Date : 2020/03/31

China's steel sector purchasing managers index (PMI) rose in March, as steel demand resumed with more production restarts with the country's coronavirus outbreak deemed to be under control.
News ID: 8989    Publish Date : 2020/03/31

India's state-controlled Bharat Petroleum (BPCL) has reduced operating rates at its refinery-linked petrochemical units in Kochi and Mumbai because of the nationwide lockdown imposed to curb the spread of coronavirus.
News ID: 8988    Publish Date : 2020/03/31

Indian petrochemical producers are facing a tough start to the country's new financial year, as a nationwide lockdown to curb the spread of coronavirus slashes sales and limits distribution.
News ID: 8985    Publish Date : 2020/03/31

Global ferrous scrap availability has diminished to such an extent amid supply shutdowns caused by the coronavirus outbreak that Turkish mills are now finding it increasingly difficult to source new cargoes, limiting their ability to drive prices down further.
News ID: 8984    Publish Date : 2020/03/31

Saudi Arabia is continuing to invest in its petrochemical sector, in contrast to cutbacks in large-scale capital projects around the world amid the oil price slump and coronavirus pandemic.
News ID: 8968    Publish Date : 2020/03/30

Indonesian coal producer Bayan Resources is to halt production at two of its mining subsidiaries until 30 April as a precautionary measure amid the global coronavirus pandemic.
News ID: 8966    Publish Date : 2020/03/30

Chinese state-owned producer Shanxi Coking Coal has raised second-quarter contract prices for some of its highest quality coking coal grades while keeping unchanged or lowering prices for other brands.
News ID: 8965    Publish Date : 2020/03/30

Low-cost airline Easyjet has grounded its entire fleet as of today as a result of government-imposed travel restrictions and national lockdowns across Europe in response to the coronavirus pandemic.
News ID: 8963    Publish Date : 2020/03/30

Prices of waste-biodiesel and feedstock exports from China have fallen by 20-30pc since the coronavirus outbreak emerged, with further declines possible as the virus continues to spread in Europe.
News ID: 8961    Publish Date : 2020/03/30