August 6, 2021

Bitumen Weekly Report: Trade war Affecting Markets

The variant of Delta is breaking out in China and new strict lockdowns are being applied over the country. In some commodities markets, a fall in
February 2, 2021

Is Coronavirus Rearranging The World Superpowers?

In 1898, “The Treaty of Paris” was signed by the United States and Spain to end the war between the two countries. It was the birth
December 4, 2020

Bitumen Market is Anticipating Sudden and Unpredictable Changes

During 28th till 30th November, competition on VB among the Iranian refineries was between 3-10% On November 30, IOCL increased bitumen price approximately 50$ /MT which
November 28, 2020

Market is Anticipating Huge Changes by the Increase of Oil Price, Drop of USD Exchange Rate

November 18, 2020

What is Soda Ash?

Known as sponge iron, this is a product of direct reduction of iron ore in various forms such as lumps, pellets, or fines. About 5% of global steel is produced from sponge iron ...
November 15, 2020

What is Direct Reduced Iron (DRI)

Known as sponge iron, this is a product of direct reduction of iron ore in various forms such as lumps, pellets, or fines. About 5% of global steel is produced from sponge iron ...
October 31, 2020

Why the Current Market of Bitumen Faces Many Ups and Downs

From 23-29 October, VB price in Iran increased by about 16%, and simultaneously Iran remained on the blacklist of FATF for 6 more months.
October 24, 2020

Fluctuated Market of Bitumen-23th October 2020

Fluctuated US Dollar price in Iran, ocean freight increase, and the USA presidential election are reasons based on which new VB price might
October 9, 2020

A Comparison of the Economic Plans of Donald Trump & Joe Biden

The US economy is currently facing a difficult condition that it has not seen since 2008, the Great Depression. Due to the outbreak of the Coronavirus ..
October 4, 2020

Bitumen Market Analysis on 2nd October 2020

The bitumen market has been shaken up by the news of President Trump's positive test for Covid-19. Analysts believe the best strategy is ...
September 14, 2020

Bitumen Market Forecast in Next 40 Days

OPEC basket price fell below 40$ on Thursday, September 10, 2020. For the past two weeks, oil prices have been decreasing. Due to the current global situation and lockdowns, all ...
September 14, 2020

The Difference between bitumen, tar, and asphalt

Many people do not know the difference between bitumen, asphalt, and tar. However, they have distinct features that need to be considered before application.