Steelmakers are increasingly touting efforts to reduce carbon emissions, but the availability of high-quality iron ore raw materials may become an...
Analytics
Price volatility hits global steel market
A unique set of economic and political circumstances have contributed to extreme price volatility in recent years. It is generally accepted that a...
Recovery in China could be key to rising global steel prices - MEPS
In June, the trajectory of the decline in world steel prices continued, both for flat and long products. Most steel producers around the world will...
Conflict in Ukraine spurs Europe's drive for clean energy
An analysis by S&P Global Commodity Insights shows that to meet REPowerEU targets, annual solar capacity growth would need to average 47 GW...
US steel market sentiment becomes more price neutral
Most of the respondents surveyed by Platts attributed the stability of U.S. steel prices to declining scrap prices, but Russia's incursion into...
The global high-strength steel market will grow steadily by 5% annually for the next 5 years
The main growth driver for the high-strength and wear-resistant steel market will be the global mining industry....
China steel inventories hit 13-month high amid COVID-19 outbreak
Finished steel inventories in steel mills and CISA-monitored spot markets rose 3% since April 10 and up 8.4% year-on-year to a 13-month high of 33.01...
Slowdown in global auto sector affects steel prices
The ongoing shortage of microchips and quarantine measures are slowing down the automotive sector, which is one of the key consumers of metal...
World alumina production reaches a record 138 million tons
IndexBox has published a new report: "The World - Alumina - Market Analysis, Forecast, Size, Trends and Conclusions". Here is a summary of...
Quotes of scrap and rebar on the London Metal Exchange fell sharply
Scrap prices are falling amid a decrease in buyer activity in non-European markets....
War returns to Europe - how will this affect steel demand?
In the second part of this series, MEPS analysts analyzed the impact of the Russian-Ukrainian war on raw materials for steel production and the cost...
War returns to Europe. How will it affect the regional market of metallurgical raw materials?
MEPS analysts assessed the consequences for the European raw materials market and energy costs from Russia's invasion of Ukraine....
War returns to Europe. How will this affect steel supply?
MEPS analysts analyzed the impact of the Russian-Ukrainian war on the steel market in Western Europe. The first part highlights the possible...
European steel trade halted
According to market participants, trade in the Black Sea steel markets is frozen today, and there are no offers for imports from India and Southeast...
Major oil companies violate clean energy commitments
Analysis of Shell, Chevron, BP and ExxonMobil investments shows their transition to green energy companies is "not happening", despite...
Oil prices froze in anticipation of a new jump near $100 per barrel
Oil is not the only commodity that could rise in price as a result of the Russian invasion of Ukraine. &P Global Platts analysts also point to...
EU Iron and Steel Association expects a sharp slowdown in steel demand growth in Europe
The reason for the significant decline in steel demand growth in Europe from almost 14% in 2021 to 3.2% in 2022 will be the continuation of covid...
Steel prices expected to rise in Europe due to high costs - Platts
European steelmakers, distributors and traders expect further price increases in the near future, given a recovery in demand as construction projects...
WGC: Gold demand up 10% in 2021
Despite a sharp increase in purchases (+118%) of gold in the fourth quarter, the final result of 2021 was a decrease in investment interest in the...
Demand for copper for electric vehicles will grow many times over in the coming years
New copper production capacity should be brought online within the next 5-7 years to avoid shortages...
Hydrogen will provide 12% of energy demand by 2050 - Irena
The International Renewable Energy Agency (Irena) estimates that hydrogen could provide 12% of final energy consumption by 2050 if a policy is...
Semiconductor shortage will persist for years to come
The global semiconductor shortage is expected to last several years after 2022 for the automotive industry and many other sectors, says German...
2021 was the worst year for gold since 2015
This was facilitated by the strengthening of the US dollar and the threat of a rollback of stimulus from the largest banks in the world, but in 2022...
Iron ore will be significantly cheaper in 2022 - consensus forecast by leading banks
The fall in iron ore prices can only stop if the largest Australian companies begin to restrict supplies, saving the market from oversupply, analysts...
Profits of Ukrainian and Russian steel plants will remain above average until 2023 - Fitch Ratings
The unprecedented excess of steel prices relative to production costs has led to a sharp increase in profits for steel companies in 2021, creating a...
British analysts downgrade forecast for global steel production in 2021
The main "brake" in the global steel industry is expected to be China, which seeks to limit steel production ahead of the Olympic Games....
What unites Ilona Mask and other richest people in the world
Elon Musk said he plans to use his money to bring humanity to Mars...
Elon Musk's equity capital is approaching the $ 300 billion mark
Musk's fortune has increased by $ 119 billion this year alone thanks to the brilliant work of Tesla...
Hopes are dying to end the world's dependence on coal
Never in the history of mankind has a ton of coal cost so much...