December 2015

Italy’s Fincantieri to build four more cruise ships for Carnival

Italian shipbuilding group Fincantieri has signed an agreement to construct four more vessels for US cruise company Carnival worth an estimated €2.5 billion ($2.73 billion).

Premium hard coking coal price pushes up on last day of year

Some last-minute buying from China ahead of the year end pushed up prices of seaborne coking coal on Thursday December 31.

IRON ORE PRICES: Benchmark index hits $43.50 per tonne

Here are the key prices in the iron ore market on Thursday December 31, as at 7pm Singapore time.

China’s spot HRC prices move higher ahead of New Year break

China’s spot hot rolled coil prices continued to rise in both the eastern and northern regions on Thursday December 31, the last trading day of the year.

East China’s rebar market surges on the week amid short supply

China’s spot rebar markets continued to gain ground on Thursday December 31 as traders pushed up prices amid tight supply.

Seaborne iron ore flat but port prices up on lower inventory levels

The seaborne iron ore market was largely unchanged on the last working day of 2015, but a drop in inventory levels at Chinese ports led to prices for materials sold there rising further.

Formosa Ha Tinh Steel produces Vietnam's first HRC

Formosa Ha Tinh Steel (FHTS) has successfully produced Vietnam's first hot rolled coil, the company announced late last week.