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 […]
Category: Green
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 […]
Week in Review: ArcelorMittal and GFG; copper prices; China’s Five-Year Plan
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of ArcelorMittal, copper prices, China’s latest five-year plan and much more: Week of March 8-12 (ArcelorMittal, China’s Five-Year Plan and more) Australia’s Lynas Rare Earths reported its half-year […]
This Morning in Metals: ArcelorMittal reportedly asks for cash upfront to supply GFG mills
This morning in metals news: amid GFG Alliance’s financial crisis, ArcelorMittal has reportedly asked for cash upfront to supply Sanjeev Gupta’s steel mills; meanwhile, a so-called “green hydrogen” facility in Germany has started operations; and, finally, the LME three-month aluminum price has trended sideways this month. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in […]
Renewables/GOES MMI: Rio Tinto to invest $2.9M toward recovery of tellurium as byproduct of copper smelting
The Renewables Monthly Metals Index (MMI) picked up 4.2% for this month’s MMI reading, as Rio Tinto announced plans to build a new tellurium plant and cobalt prices are surging. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) The MetalMiner Best Practice Library offers a wealth of knowledge and tips […]
This Morning in Metals: OPEC ministers agree to maintain March output levels into April
This morning in metals news: ministers of oil-producing countries agreed this week to by and large maintain March output levels in April; Texas and Florida posted gains in small-scale solar capacity last year; and China’s steel imports surged in 2020. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers […]
Japan’s steel sector faces numerous challenges, from COVID-19 to global overcapacity
Japan’s steel sector is facing tumultuous times. But, in the short term, there are initial signs of it pulling through in 2021. Are you on the hook for communicating the company’s steel performance to the executive team? See what should be in that report. Pandemic impacts on Japan’s steel sector The COVID-19 pandemic contributed to […]