Two countries, two neighbors, two of the most populated countries in the world — China and India talked of their individual approaches to climate change at the COP26 summit in Glasgow, Scotland. The event was delayed by a year because of the COVID-19 pandemic. It comes six years after the landmark Paris accord, which 200 […]
Category: Green
US, EU deal on Section 232 tariffs calls for sustainability cooperation
As we predicted last month, the U.S. and E.U. have used the recent G20 summit in Rome to announce an end to hostilities over the steel and aluminum Section 232 tariffs imposed by the previous Trump administration and perpetuated by President Joe Biden. “We have agreed with the US to pause our steel and aluminium […]
This Morning in Metals: US trade deficit jumps 9.2% in September
This morning in metals news: the U.S. trade deficit in September jumped 9.2% from the previous month; meanwhile, Rio Tinto is partnering with Carbfix on carbon capture and storage technology; and, lastly, Norsk Hydro is investing in a new automotive extrusion press in China. Each month, MetalMiner hosts a webinar on a specific metals topic. […]
Week in Review: Global steel demand; aluminum alloys; store-of-value assets
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: Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Week of Oct. 18-22 (steel demand, aluminum alloys and more) Stuart Burns checked […]
This Morning in Metals: BMW to source steel from Sweden’s H2 Green Steel
This morning in metals news: BMW announced Wednesday it will source steel from Swedish firm H2 Green Steel; meanwhile, miner Freeport-McMoRan today reported its third-quarter and nine-month 2021 results; and, finally, metal prices remain elevated but have taken a step back this week. Stay up to date on MetalMiner with weekly updates – without the […]
This Morning in Metals: Steel capacity utilization hits 85.3%
This morning in metals news: U.S. steel capacity utilization reached 85.3% last week; meanwhile, Lightsource bp touted the launch of a Colorado solar project and the world’s “first steel mill to be powered largely by solar energy”; and, lastly, Rio Tinto announced new decarbonization targets. We’re offering timely emails with exclusive analyst commentary and some […]
China begins construction on massive wind and solar project
Amid a deepening energy crisis, China has begun construction on a massive wind and solar project in the desert. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. China announces plans for renewable energy project President Xi Jinping said […]
Week in Review: Aluminum prices remain elevated; power costs weigh on metals producers; IEA releases World Energy Outlook
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including aluminum prices, rising power costs and much more: Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner […]
Renewables/GOES MMI: Despite renewables growth, coal and oil bounced back in 2021, IEA warns
The Renewables Monthly Metals Index (MMI) ticked up slightly for this month’s value. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. Renewables make progress, but coal, oil […]
This Morning in Metals: Natural gas prices to remain elevated this winter
This morning in metals news: the Energy Information Administration forecasts natural gas prices will remain elevated this winter; meanwhile, Rio Tinto said it is working on new technology for the production of low-carbon steel; and, lastly, miner BHP and South Korean steelmaker POSCO signed a memorandum of understanding to explore the reduction of greenhouse gas […]