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Global hydrogen demand to grow 7-fold by 2070 - PwC

Countries with strong renewable energy potential are becoming potential exporters of green hydrogen, while industrialized countries such as Germany...

World Steel Association predicts a good year for metallurgists

While there is hope that the worst part of the pandemic is over, significant uncertainty remains over the global economic recovery by the end of...

World Steel Association defines green steel and its variations

Worldsteel believes that the term “green steel” is inappropriate to define the environmental impact of the steel industry....

China unlikely to cut steel capacity in 2021 due to high steel prices

Rising steel production margins are spurring Chinese steel mills to increase steel production, offsetting government officials' efforts to cut...

Scrap metal market at the beginning of April

In the first months of 2021, there is an interesting trend in the choice of the vector for the development of the global metallurgy....

Rising Chinese Prices Fueled Rising Global Steel Prices - MEPS

Customers are back at the negotiating table, pushing for more orders....

Weakening demand will negatively affect quotations of steel raw materials

The first decade of March did not bring significant changes in prices for pig iron. The attempts of traders to raise prices were not supported by...

In March, the rise in prices for metallurgical products in all markets will increase - Ukrpromvneshexpertiza

The downward trend that began in January and lasted for more than a month and a half in the regional long-haul markets began to weaken and prices...

Spread between raw materials and high strength alloy steel in Europe increased in price

Hot rolled coil spot prices in Europe rose to an average of € 723.85 per tonne in February. Scrap prices are falling, while coking coal prices...

Increase in prices is forecasted in the markets of steel raw materials - Ukrpromvneshexpertiza

The second half of February did not bring any changes in the prices of pig iron in all regional markets. Exporters did not find points of contact...

Troy ounce of gold will drop $ 500 in two years - Fitch

Gold will continue to rise in price, but at the beginning of next year there will be a turning point and an ounce of precious metal will cost about $...

Global iron ore production growth to outstrip cumulative production in India and Russia - Fitch

Fitch forecasts global iron ore production to grow at an average 2.4% in 2021-2025. compared with a negative 2% in the previous five years....

Fitch Ratings Warns of “Shocking Impact” on Fossil Fuel Exporters

International policy commitments to limit climate change by reducing greenhouse gas emissions, rapidly dropping the cost of renewable energy sources...

Raw material prices rise by about 10.5% in January 2021 - Deutsche Industriebank

The world has entered an era of total shortage of raw materials and components, which was caused by a disruption in logistics as a result of a...

JP Morgan Analysts Announce New Super Growth Cycle in Commodities

The commodity market has seen four such supercycles over the past 100 years, the last of which began in 1996 and peaked after 12 years of growth in...

S&P Global Platts predicts first drop in domestic steel demand in China in 5 years

A drop in demand may cause a revival of previously shutdown capacities producing cheap and low quality steel, launching a new round of overproduction...

Global steel price increases will be short-lived - Fitch Ratings

The restart of metallurgical capacities stopped during the pandemic and a drop in car production due to a shortage of chips create preconditions for...

Downward price trend begins in steel markets

The second decade of January brought a decrease in prices for pig iron at all regional sites. The cheaper scrap metal, ore on the spot market and...

British analysts note "bearish" sentiment in the global steel market

Bearish sentiment has become increasingly dominant in regional markets as the Lunar New Year celebrations draw near, marking the Chinese Year of the...

Gold demand drops below 4,000 tons for the first time since 2009 - World Gold Council

Consumer demand for gold in the world in 2020 fell below 4 thousand tons and was at the lowest level in the last 11 years, follows from the report of...

China will overtake the United States to become the world's largest economy in 2028

The COVID-19 pandemic and the corresponding economic consequences have tilted rivalry between countries in China's favor....

The shortage in the US steel market will last at least until the end of the first quarter of 2021

The average US metallurgical capacity utilization at the end of 2020 is 67.4 percent, up from 79.8 percent in the same period in 2019. There are...

Steel production in China to surpass one billion tons this year

It is now quite clear that by the end of 2020, the production of steel in China will be more than 1 billion tons. The market says it will grow even...

Iron ore prices hit seven-year high and continue to rise

The construction boom in China amid complicating relations with Australia, the country's largest supplier of iron ore raw materials, and a reduction...

Prices for metallurgical raw materials continue to rise in regional markets

Analysts of Ukrpromvneshekspertiza predict an increase in prices for pig iron and scrap metal, which will lead to a new increase in prices for...

The world market for rare earth metals will grow by 10.4% per year

China is the main producer and consumer of rare earths....

Fitch: metallurgists will return to their previous volumes by the end of 2022

Fitch Ratings forecast for 2020 - 745 million tons of steel, for 2021 - 815 million tons, and the level before the pandemic will be reached by...

European Union scrap collectors worried about possible export restrictions

The European Union may restrict the export of scrap metal as part of the ongoing revision of the rules for the transport of waste. Metallurgists are...

Occupational diseases of workers in the extractive industry: types and ways to minimize

The largest number of cases of occupational pathology is recorded among workers in underground iron ore mining, which is 9.4 times higher than among...

Eurofer expects recovery in EU steel demand

Apparent steel consumption in the EU fell (-25.5%) y /y in the second quarter of 2020 after falling (-12%) in the first quarter. This was the largest...

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