The European steel industry faces three major challenges, following the impacts of the COVID-19 global and the 2008-09 financial crisis, management consultancy McKinsey & Company stated. “European steel producers should consider making a series of short-term operational and medium- to long- term strategic moves to ensure economic and environmental sustainability going forward,” McKinsey said in […]
Category: Environment
Week in Review: Steel imports; April 2021 MMO; Suez Canal aftermath
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including the Suez Canal blockage, the April 2021 MMO, Western European hot rolled coil prices and much more: Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis […]
This Morning in Metals: Rio Tinto joins Japan’s Green Value Chain Platform Network
This morning in metals news: miner Rio Tinto joined an effort in Japan promoting decarbonization transparency; the Nikkei Review reported automaker Nissan plans to use cobalt-free electric vehicle batteries by mid-decade; and British Prime Minister Boris Johnson weighed in on the Liberty Steel crisis. The MetalMiner Best Practice Library offers a wealth of knowledge and […]
This Morning in Metals: Biden releases details of $2T American Jobs Plan
This morning in metals news: President Joe Biden unveiled details of the $2 trillion investment toward the American Jobs Plan; meanwhile, J.D. Power and LMC Automotive recently released their automotive sales forecast for March; and, lastly, Ford yesterday announced its first-ever integrated sustainability and financial report. The MetalMiner Best Practice Library offers a wealth of […]
This Morning in Metals: Battery energy storage systems on the rise in US power grid
This morning in metals news: the Energy Information Administration forecasts a “significant number” of battery energy storage systems will come onto the US electricity grid; meanwhile, miner Rio Tinto announced a partnership with renewable energy technology company Heliogen; and, lastly, global copper mine production levels came in about flat compared with 2020. You want more […]
China’s aluminum industry under pressure to reduce emissions
China — and, indeed, Asia as a whole — has a serious issue evolving that few would have seen coming five years ago. Back then, the carbon content of aluminium was a well-known fact. However, its light weight and high recyclability seemed to outweigh the CO2 emissions inherent in its production. Not so now. China […]
Week in Review: Nickel price falls; oil prices remain elevated; Honda temporarily suspends production
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines of the week here on MetalMiner, including coverage of the nickel price, oil prices, housing starts and more. Overall, steel prices continue to rise. Meanwhile, after experiencing significant price declines, lead and nickel […]
This Morning in Metals: ArcelorMittal launches XCarb™ low-carbon initiatives
This morning in metals news: ArcelorMittal announced a series of low-carbon initiatives; meanwhile, US import prices increased in February; and, lastly, the aluminum price has picked up this week. Are you on the hook for communicating the company’s steel performance to the executive team? See what should be in that report. ArcelorMittal unveils XCarb™ low-carbon […]
International Aluminum Institute outlines three ‘pathways’ for aluminum sector to reduce emissions
The International Aluminum Institute published a report outlining how the aluminum industry can reduce its emissions. Manufacturers of metals are increasingly under pressure to modernize their production processes and make them “greener.” In recent coverage, MetalMiner’s Stuart Burns has touched on China’s latest Five-Year Plan and its environmental implications for the country’s massive steel and […]
This Morning in Metals: European Parliament passes Carbon Border Adjustment Mechanism
This morning in metals news: the European Parliament recently voted on a resolution for a Carbon Border Adjustment Mechanism; China’s steel output reached nearly 175 million tons in January and February; and the US CRC price has widened the spread with the China CRC price. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring […]
