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Falling ocean freight rates bring no cheer to shippers
Slowdown across markets has hit cargo movement A significant drop in ocean freight rates has hardly brought cheer to the exporter fraternity at a time when the overseas market is witnessing a subdued demand. Prakash Iyer, chairman of Cochin Port Users Forum, sa...Read more -
JPMorgan raises iron ore price outlook until 2025
JPMorgan has revised its iron ore price forecasts for the coming years, citing a more favorable outlook for the market, Kallanish reported. JPMorgan now expects iron ore prices to follow this trajectory: ...Read more -
Freight Volumes Increase; Rates Remain Soft
The latest National Retail Federation U.S. ocean import report projects that the relative volume strength – about two million TEU – estimated for August will persist through October, reflecting increased optimism among importers for consumer strength over the ho...Read more -
Improve Profitability By Studying Your Old, Worn Jaw Crusher Liners
Are you guilty of wasteful wear on your jaw crusher liners? What if I had to tell you that you can improve profitability by studying your old, worn jaw crusher liners? It is not unusual to hear about a liner’s wasteful wear when it has to be replaced prematurely. Produc...Read more -
Chinese Scrap Metal Prices Surged on Index
304 SS Solid and 304 SS Turning prices were up by CNY 50 per MT each on Index. BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index as on September 6th, Wednesday. Stainless Steel, Brass, Bronze, and Copper Scrap prices too were up from the pr...Read more -
How To Choose the Right Primary Crusher
While there are many machines can be used as primary crushers, they can’t be used interchangeably in every industry. Some types of primary crushers are best suited for hard material, while others are best at handling more friable or wet/sticky material. Some crushers require pre-screening, and s...Read more -
New mobile impactor coming from Kleemann
Kleemann plans to introduce a mobile impact crusher to North America in 2024. According to Kleemann, the Mobirex MR 100(i) NEO is an efficient, powerful and flexible plant that will also be available as an all-electric offering called the Mobirex MR 100(i) NEOe. The models are the first in the co...Read more -
HOW TO SELECT THE TOOTH TYPE OF JAW PLATE?
Crush different kinds of stones or ores, it needs different jaw crusher tooth types to suit. There are some popular jaw plate tooth profiles and uses. Standard Tooth It is suitable for both rock and gravel crushing; Wear life, power requirements, and crushing stresses in good balance; Typical fac...Read more -
TLX Shipping Service Added to Jeddah Islamic Port
The Saudi Ports Authority (Mawani) has announced the inclusion of Jeddah Islamic Port to the Turkey Libya Express (TLX) service by container shipper CMA CGM in partnership with the Red Sea Gateway Terminal (RSGT). The weekly sailing, which kickstarted early-July, connects Jeddah to eight global h...Read more -
Gold drops to 5-week low as firm US bond yields boost dollar
Gold prices fell to their lowest level in more than five weeks on Monday, as the dollar and bond yields strengthened ahead of the U.S. Federal Reserve’s July meeting minutes this week that could guide expectations on future interest rates. Spot gold XAU= was little changed at $1,914.26 per ounce,...Read more -
RANKED: World’s largest clay and hard rock lithium projects
The lithium market has been in turmoil with dramatic price swings over the last few years as demand from electric cars take off and global supply growth tries to keep up. Junior miners are piling into the lithium market with competing new projects — the US st...Read more -
China’s new state-run agency explores expanding into spot iron ore procurement
The state-backed China Mineral Resources Group (CMRG) is exploring ways to cooperate with market participants on procuring spot iron ore cargoes, state-owned China Metallurgical news said in an update on its WeChat account late on Tuesday. Though no further specific details were provided in th...Read more