News
The Battle to Bring Green Steel to Market
6+ hour, 32+ min ago (265+ words) OPEC+ Weighs Shock Output Surge as Iran Conflict Rattles Oil Markets Trading volume and open interest" Sudan is seeking foreign investment" Shares of BHP Group jumped" Steel is produced by adding alloys to molten iron, alongside a small amount of…...
Europe’s Carbon Tax Is Rewriting the Economics of Indian Steel
3+ week, 2+ hour ago (195+ words) EU Escalates Oil Sanctions With Broad Ban on Shipping Services A new Bain & Co" Argentina, Guyana, and Brazil will" Steel is typically produced using coal to power operations, particularly in India. The coal powers a blast furnace, which is used…...
Trump Tariff Threats Drive UK Closer to EU
1+ mon, 1+ week ago (518+ words) Strike, Privatization Push Raise Fresh Risks for Peru's Oil Sector Economists warn the rebound may" JP Morgan CEO Jamie Dimon" The dollar sold off and" President Trump's latest tariff package could plunge the UK economy into a recession, top economists…...
EU's Carbon Border Tax Goes Live and Trade Partners Are Not Amused
1+ mon, 4+ week ago (557+ words) T'rkiye aims to lift TPAO's" U.S. lawmakers are urging the" On Thursday, January 1st, the EU carbon border adjustment mechanism entered into effect with the goal of improving the competitiveness of European goods manufacturers against non-EU companies operating in laxer emissions reduction…...
India Braces for a Steel Export Slump as Europe’s Carbon Tariff Takes Hold
2+ mon, 3+ week ago (406+ words) India Braces for a Steel Export Slump as Europe's Carbon Tariff Takes Hold California's oil output has collapsed" A carbon tax on imports that kicks in next month for the European Union will lead to a slump in Indian exports…...
Trump’s Tariffs Send U.S. Aluminum Prices to Record Highs
3+ mon, 2+ week ago (503+ words) Namibia Plans to Tighten Presidential Grip Over Its Oil Sector Most new traders lose money," A surge in European liquefied" While the U.S. surges ahead" Aluminum prices in the U.S. climbed to new record highs on Monday as domestic inventories tightened sharply,…...
Europe’s Steel Market Faces Turmoil as EU Moves to Double Tariffs
4+ mon, 4+ day ago (544+ words) Slovakia's Slovnaft Hit as Croatia's JANAF Halts Non-Russian Crude Flows The United States is strategically" Precious metals surged across the" A devastating fire at Novelis" Hot rolled coil prices in Europe have remained largely unchanged in the past two weeks....
Steel Import Appetite Slows in the U.S.
4+ mon, 3+ week ago (611+ words) High Costs, Low Prices Threaten to Stall Argentina's Shale Ambitions The U.S. is considering a" The Trump administration is seeking" The Raw Steels Monthly Metals Index (MMI) remained sideways, with a modest 0.82% rise from September to October. U.S. steel prices continued to soften…...
Low Inventories and Rising Costs Fuel Steel Price Jump in the EU
5+ mon, 1+ week ago (464+ words) Some Traders Bet on 60% Jump in European Natural Gas Prices Next Summer Recent headlines about Chinese mine" U.S. steel prices continue to" Steelmakers in Europe are seeing a large jump in hot rolled coil prices as people start to return to…...
Aluminum Prices Hit 6-Month High as Supply Concerns Grow
5+ mon, 1+ week ago (513+ words) China's Russian Crude Imports Slip in August, Shipping Tells a Different Story A new Danish pilot project" CCS is scaling fast with" Israel is testing Gulf partners" The Aluminum Monthly Metals Index (MMI) remained sideways with an upside bias, rising 0.56% from…...