- + MET COAL SERIES: India cautiously takes on greater say in coking coal spot market—This five-part story series examines the coking coal market from a few angles. This first part focuses on India's rising importance in spot markets. T...
- + Biden administration releases electric vehicle tax credit rule—The Biden administration issued a final rule May 3 governing implementation of a major electric vehicle tax credit with updates to the credit's critic...
- + German EV charging capacity rises 45% on year to 5.4 GW, EV sales fall behind—Germany's electric vehicle charging capacity rose 45% on the year in 2023 to 5.4 GW across 118,163 public charge points, utility association BDEW said...
- + Interior Secretary Haaland stands up to heat over drilling, mining restrictions—With optimism for clean energy development and an insistence that the Interior Department is following both the law and the science in decisions criti...
- + ArcelorMittal sees steel demand outside China growing 3%-4% in 2024—ArcelorMittal has reiterated its forecast for global steel demand, predicting growth outside of China of 3%-4% in 2024 and staying bullish on the medi...
- + Cheap iron ore, high scrap prices to widen Southeast Asia BF-EAF billet production costs in May—Cheaper iron ore and coking prices would bring down the blast furnace route of billet production cost, while higher scrap prices are pulling electric ...
- + Turkish steel market gripped by bearish 2024 finished steel outlook: Irepas—Market participants voiced a bearish outlook for the Turkish steel and scrap markets in 2024, market sources told S&P Global Commodity Insights du...
- + EU's Hydrogen Bank auction clears below 50 euro cent/kg, funding 1.5 GW—The first auction under the European Hydrogen Bank mechanism has cleared well below expectations, with the seven winning projects bidding at 37-48 eur...
- + Atlantic Supramax scrap market comes under pressure in Week 17—The Supramax segment in the Continent and Baltic Sea regions has been marked by negative sentiment as pressure due to pressure from a bearish scrap sp...
- + Duelling rail projects hint at intensifying contest for Africa's critical minerals—The network of ageing railway infrastructure connecting the mineral-rich areas of the Copperbelt straddling Zambia and the Democratic Republic of Cong...
- + Congestion rises at ports in China, Southeast Asia amid higher volumes, Red Sea crisis—Ports in China and Southeast Asia have seen increasing congestion in recent days amid higher volumes passing through the region ahead of the Labor Day...
- + Oman announces winning bidders of round 2 hydrogen block auctions—Hydrogen Oman, the sultanate's green hydrogen orchestrator, has signed two new green hydrogen projects for Dhofar worth $11 billion, with offtake disc...
- + US EPA finalizes CO2 limits for power plants, updates mercury standards—The US Environmental Protection Agency has finalized two rules aimed at tackling air emissions in the power sector, requiring certain fossil-fired gen...
- + Miner Anglo American rejects 'opportunistic' $39 billion takeover bid from BHP—Diversified miner Anglo American on April 26 rejected a GBP31.1 billion ($38.9 billion) takeover bid by another large miner BHP, saying the proposal s...
- + Ford loses $1.3 billion to EV segment, but hybrid and electric sales grow—Ford's electric vehicle business is far from profitable, but various models in its collection of hybrid and battery electric vehicles saw a significan...
- + Affordable, reliable power grid attracting companies to Oklahoma; mineral stockpile needed—Oklahoma is well-known as a major oil- and natural gas-producing state, is second in the US in wind power production and 50% of its power comes from r...
- + Tata Steel UK to proceed with Port Talbot shutdown, move toward electric arc furnace production—Tata Steel UK told trade unions April 25 that it will go ahead with its plan to shut Port Talbot blast furnaces in Wales and switch to electric arc fu...
- + New global battery energy storage systems capacity doubles in 2023, IEA says—Global battery energy storage systems, or BESS, rose 40 GW in 2023, nearly doubling the total increase in capacity observed in the previous year, acco...
- + Manganese traders waiting for 'full picture' after South32 flags extended GEMCO outage—Traders in the manganese market were apprehensive and awaiting further clarity following South 32's announcement that sales from its Australian mangan...
- + Miner BHP proposes GBP31 bil takeover of Anglo American—Diversified miner BHP said April 25 it made a proposal for a potential takeover of another large miner, Anglo American, in a major deal that would giv...
- + Brazil set to introduce import quotas, raise import tariff to 25% on range of steel products—Brazil's Ministry of Development, Industry, Trade and Services has proposed to introduce import quotas and raise import taxes to 25% on 11 rolled stee...
- + TRADE REVIEW: Chinese iron ore demand hinges on China's construction growth, restocking in Q2—This report is part of the S&P Global Commodity Insights' Metals Trade Review series, where we dig through datasets and digest some of the key tre...
- + US to 'keep tightening screws' on Russian energy projects: official—US sanctions on Russian oil and natural gas are working and the US is going to keep tightening sanctions to stymie Russia's efforts to develop new way...
- + China's steel demand expected to be weak in traditionally stronger Q2—China's overall steel demand is expected to remain subdued in a traditionally stronger second quarter, mill and trading sources said, after the countr...
- + IEA sees electric car boom displacing up to 12 million b/d of oil by 2035—The International Energy Agency raised April 23 its estimates for global oil demand displacement from booming sales of electric vehicles citing growin...
- + ABTC starts lithium production pilot plant in Nevada—American Battery Technology Co. has commissioned a lithium hydroxide production pilot plant at its Tonopah Lithium Flats claystone deposit project in ...
- + Atlantic Supramax scrap market moves sideways in week 16—The Supramax segment in Continental Europe and the Baltic Sea experienced a loss of momentum, with the scrap spot market witnessing softer freight rat...
- + Oman plans more oil and gas auctions: energy minister—Oman intends to auction offshore oil and gas blocks by the end of the year, the country's minister of energy and minerals Salim al-Aufi told reporters...
- + TRADE REVIEW: Asian steel, scrap to face headwinds in Q2 on lackluster demand, export challenges—This report is part of the S&P Global Commodity Insights' Metals Trade Review series, where we dig through datasets and digest some of the key tre...
- + TRADE REVIEW: Bearish signals loom for Asian met coal in Q2—The seaborne metallurgical coal market has entered the second quarter with bearish signals, fueling concerns that prime hard coking coal prices could ...
- + TRADE REVIEW: Alumina to be supported in Q2 by refinery curtailments; metal sanctions on Russia in focus—This report is part of the S&P Global Commodity Insights' Metals Trade Review series, where we dig through datasets and digest some of the key tre...
- + Mexico's SENER power generation growth forecast poses new opportunities for I-REC issuance—Mexico's latest Energy Secretariat, SENER, forecast sees substantial growth for renewable energy that will also entail more opportunities for Internat...
- + Turkey, Egypt secure steel cargoes from Southeast Asia amid disrupted supply chains—Southeast Asian steelmakers have found themselves unintended beneficiaries of new demand from Turkey and Egypt, as their usual sources of supply have ...
- + EU's CBAM to spur other countries to introduce carbon border levies: IETA—The EU's introduction of a Carbon Border Adjustment Mechanism is prompting some countries to introduce their own carbon border levies while others are...
- + UK EV charging outlook 'remains challenging' amid policy uncertainty: Pod Point—The UK's electric vehicle charging market is facing a challenging outlook due to policy uncertainty and reduced demand for new EVs, EDF-majority-owned...
- + Infographic: China’s property market remains a drag on steel demand—China's property sector has been in shambles over the past few years and remains the biggest drag on domestic steel demand. The property market has tr...
- + Alcoa says aluminum market optimism backed by demand, not just Russian metal bans—Alcoa sees positive sentiment for global aluminum prices and regional premiums supported by bullish demand trends in addition, but not solely due, to ...
- + US-Brazil met coal freight slumps as shipowners shift focus to ECSA grains—After a trading lull during the Lunar New Year in early February, US-Brazil met coal freight has dipped further, as time-charter rates dropped to mid-...
- + Pakistan expected to clear Turkmen gas pipeline by end of Q2 2024—Pakistan, one of four partners in the Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline project, is expected to get final approvals by the ...
- + TRADE REVIEW: Cobalt metal market seen oversupplied through Q2 as demand subdued—This report is part of the S&P Global Commodity Insights' Metals Trade Review series, where we dig through datasets and digest some of the key tre...
- + TRADE REVIEW: Asian nickel ore tightness seen easing in Q2 on potential Indonesian supply gain—This report is part of the S&P Global Commodity Insights' Metals Trade Review series, where we dig through datasets and digest some of the key tre...
- + March WTI Midland into Dated Brent Performance: 19 cargoes delivered—Booming liquidity continues to characterize WTI Midland's inclusion in the Dated Brent basket with the grade enhancing strong trading activity across ...
- + Industry working towards generating carbon credits from hydrogen, SAF, direct air capture: report—The lack of methodologies to generate carbon credits from clean energy technologies like low-emissions hydrogen, sustainable aviation fuels (SAF) and ...
- + Interactive: The Platts Benchmark Heatmap—The price wall visualizes 258 of the most important price benchmarks assessed by Platts across various commodities from crude through to chemicals, LN...
- + Japanese Q2 2024 aluminum premium rises to $145-$146.50/mt CIF Japan—Platts, part of S&P Global Commodity Insights, assessed the second-quarter premium for imported primary aluminum at $145-$146.50/mt plus London Me...
- + TRADE REVIEW: Asian lithium prices to be steady in Q2 on measured demand, ample supply—This report is part of the S&P Global Commodity Insights' Metals Trade Review series, where we dig through datasets and digest some of the key tre...
- + Southeast Asia economies need to define their own fit-for-purpose 'Inflation Reduction Act': experts—Southeast Asia economies need to come up with clearer investment strategies, deliver strong policy signals and effective economic incentives to drive ...
As of 5/6/24 7:34am. Last new 5/6/24 7:34am. Score: 449
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