Sourcing & Trading Intelligence for Global Metals Markets
We wrote recently about the sensitivity of the gas market to local economic conditions and how this has resulted in North America and Europe being awash with gas as consumption has dropped. Indeed storage space in North America is reaching capacity and at risk of a back up in pipes so poor is consumption compared [...]
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A fascinating article appeared recently on CBS news that deserves covering for no other reason than if the technology is even remotely feasible it deserves funding in the best research facilities the country has to offer. The problem is the discovery is an old one, made twenty years ago in fact by two well respected [...]
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It looks like we may almost roll into the 2010 round of iron ore price negotiations before we achieve a resolution to the 2009 price. CISA the China Iron and Steel Association who has been handling negotiations this year in place of Baosteel appears to have upset just about everybody. A Reuters report states that [...]
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Well why not? The government appears to have almost unlimited amounts of taxpayers’s money to throw around. We have seen a brief (and it may prove damaging, certainly distorting) stimulus given to the car industry which will shortly slide back into the despond from which it emerged just a month ago. Why not now stimulate [...]
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Considering the current administration has cut funding for hydrogen fuel cells for use in cars, it is surprising that so many auto manufacturers are persevering, especially in these hard pressed times. Energy Secretary Steven Chu all but laughed-off the technology’s prospects, saying that it’s at least 15 to 20 years and “four significant technological breakthroughs” [...]
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