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Petroleum coke prices soar as global economy landscape changes 26 December 2023 sponge coke costs, increased port inventories, and weather-related logistical challenges impact prices. The demand side sees a decline in operational silicon metal furnaces but acceptable procurement demand for metallic silicon, sustaining the petroleum... Type: Article Category: Pricing Pulp and paper market witness price revival 19 December 2023 in late summer 2022, OCC prices have steadily rebounded, reaching levels reminiscent of September 2022. Mixed paper (PS 54) sees a USD 5 increase, reaching USD 38 per ton, compared to zero per ton this time last year. Sorted residential papers (PS 56)... Type: Article Category: Global PulpVision's sustainable breakthrough 19 December 2023 solutions crafted from recycled paper in the Netherlands. Despite the "slightly higher" cost compared to plastic, PulpVision sees an opportunity as supermarkets strive to eliminate plastic. Presently offering a 500-gram topseal tray, versatile for... Type: Article Category: Europe & Central Asia Cement industry contracts 8% in the U.S. and Puerto Rico 18 December 2023 Cement trends and metrics for September 2023 (CW Group) In September 2023, total shipments of Portland and Blended cement, including imports, reached an estimated 9.5 million metric tons, reflecting a 7.7 percent decrease from the same period in 2022.... Type: Article Category: Markets & Competition CRH's concrete industry expands in Australia 18 December 2023 owned by the partners is slated to be acquired by CRH at AUD 1.1 billion (EUR 677 million). CRH's CEO, Albert Manifold, sees this acquisition as the "next logical step" to expand the company's presence in Australia, where it has been operating for 15... Type: Article Category: Concrete & Brick Cement consumption declines in Spain 15 December 2023 Spain sees a drop in cement usage for November (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]In November, Spain witnessed a 4.6 percent decline in cement consumption,... Type: Article Category: Markets & Competition Slovak construction industry slows in October 14 December 2023 October sees eased expansion in Slovak construction sector (CW Group) According to the Budapest Business Journal, Slovakia's construction output growth slowed to 5 percent year-on-year in October, down from the previous month's seven-month high of 6... Type: Article Category: Construction News Danube freight rates fluctuate betwixt market dynamics 13 December 2023 showing varying prices across destinations. Notably, rates to Marmara stand at 29 USD/t, while the eastern coast of Greece sees rates ranging from 32 to 34 USD/t. Rates to the Eastern Mediterranean are at 38-40 USD/t, and destinations like the east... Type: Article Category: Markets & trade Pivotal changes in packaging regulations revealed 12 December 2023 reduction in disposable plastic packaging by 2025, emphasizing a shift toward eco-friendly practices. The recycling sector sees a trajectory from 63 percent in 2024 to 69 percent in 2029, aligning with European objectives. Specific measures for plastic... Type: Article Category: Global VIDA expands Bruza Sawmill capacities for future growth 12 December 2023 Måns Johansson, CEO of Vida AB and President of Canfor Europe, expresses confidence in the future of wood as a material and sees Hjältevad as a pivotal location for expanding operations. The decision to enhance capacity in eastern Småland, alongside... Type: Article Category: Europe & Central Asia Tunisia witnesses a rise in petcoke consumption 11 December 2023 is particularly pronounced in fuel demand, experiencing a 20 percent reduction. Conversely, the demand for petcoke demand sees a notable uptick of 11 percent. While several petroleum products witnessed fluctuations, the overall structure of consumption... Type: Article Category: End-user Markets Dangote and CIMPOR to reduce cement price in Cameroon 11 December 2023 in Yaoundé, prices are 4,750 FCFA per 50 kg bag, a reduction of 150 FCFA per bag. Additionally, Dangote's 42.5R 3X Cement sees prices in Douala at 5,000 FCFA per 50 kg bag, a reduction of 100 FCFA per bag, and in Yaoundé, prices are 5,300 FCFA per 50 kg... Type: Article Category: Volume & Pricing Secto embraces sustainable packaging revolution 08 December 2023 contributing to a circular economy within the supply chain. Joakim Jusélius, Secto part owner and board member, sees this initiative as a tangible step towards realizing ambitious sustainability goals. Copyright CW Group. All rights reserved.... Type: Article Category: Global China's iron ore imports continue to persist 08 December 2023 November sees continued surge in iron ore imports amid favorable steel mill margins (CW Group) China's unyielding demand for iron ore remained evident in November, with imports surging 3.4 percent from October, reaching 102.7 million metric tons, as... Type: Article Category: Ports & handling Bulk shipping sees surge in New Orders, mixed trends in S&P market 07 December 2023 Rising investments and notable ship sales shape maritime landscape (CW Group) Bulk shipping takes center stage as new orders for dry bulk carriers gain momentum, according to Hellenic Shipping News. Akmar secures an Ultramax vessel, and Greek buyers... Type: Article Category: Markets & trade Santander predicts equilibrium amid Cerrado Project 07 December 2023 price, attributed to its growth initiatives and strong position in the packaging segments. Suzano, also marked as a buy, sees a boosted target price, supported by attractive pricing, expansion initiatives, and robust ESG fundamentals. As of 16:17... Type: Article Category: South America Imported petcoke prices stable amid festive season 05 December 2023 November sees a modest price rise (CW Group) The current range for imported pet coke hovers around USD 125 - USD 130 per ton, providing minimal room for further increases. However, a marginal 3 percent month-on-month uptick to USD 132/ton in November... Type: Article Category: Pricing Capesize surges in the dry bulk market 04 December 2023 sectors also experience positive trends, with notable gains for owners. The Handysize sector, comparatively calmer, sees a rise in expectations. These shifts in the dry bulk market suggest dynamic opportunities and changing dynamics in the maritime... Type: Article Category: Markets & trade Vale teams up with Oldendorff for iron ore voyage 04 December 2023 Vale has partnered with Oldendorff Carriers to initiate its inaugural biofuel trial on a bulk vessel. The collaboration sees the trial unfold on an Oldendorff vessel undertaking a laden voyage from Brazil to Asia, transporting a full cargo of iron ore.... Type: Article Category: Markets & trade Tanga Cement gains 15-month debt extension 04 December 2023 for the cement manufacturer, grappling with losses and a three-year dividend hiatus. Despite the challenges, the company sees this strategic step as vital for freeing up operational cash flows and avoiding potential default, safeguarding against foreign... 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