China to scrap fuel export quotas for ‘teapot’ refineries: sources

Beijing will not issue fuel export quotas for independent refineries next year, dealing a blow to the upstart group of companies and scrapping a key component of a scheme that has transformed China’s oil markets, three sources said.

Turkish import scrap moves sideways, offer levels firming

A European cargo kicked off the week for European scrap imports on Monday, showing some ambiguity in quality pricing spreads, but generally agreed by the market to be a reflection of stability.

Stolt Tankers Sells Two More Ships for Scrap

Norwegian tanker owner Stolt Tankers, a tanker shipping arm of Stolt-Nielsen Limited, has sold two handy chemical parcel tankers for demolition in India.

Resistance to scrap surplus OSVs will prolong offshore industry woes

The scrapping of idling offshore vessels in order to clear the surplus capacity is unlikely to happen, given the...

Eastern China ferrous scrap stable on rising domestic rebar prices

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second...

Eastern China ferrous scrap stable on rising domestic rebar prices

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second...

Eastern China ferrous scrap stable on rising domestic rebar prices

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second...