French company Total’s love affair with India’s renewables sector continues. Already having major joint ventures with India’s Adani Group firms for renewable energy projects, gas distribution, and other projects, Total’s chief executive Patrick Pouyanne said last week that his company aimed to increase its renewable energy portfolio in India to 6 gigawatts by 2025, per […]
Category: Green
Week in Review: Nickel market; China’s economic recovery; October MMI report
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: the nickel market; aluminum prices on the SHFE and LME; China’s metals rebound; and much more. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week […]
This Morning in Metals: October 2020 MMI report is out
This morning in metals news: the October Monthly Metals Index (MMI) report is out; the E.U. is reportedly considering imposing carbon border fees; and Alcoa released its third-quarter financial earnings. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a […]
What does China’s environment pledge mean for its massive steel sector?
According to the Financial Times, China’s President Xi Jinping surprised the global community by announcing last month a hugely ambitious plan to improve China’s environment and make the country carbon-neutral by 2060. In addition, he said the country’s emissions would peak before 2030. But does this really mean anything? If it does, what impact will […]
U.S.-based ArcVera Renewables enters India’s renewable energy storage market
India’s renewable energy sector, the fourth-most attractive renewable energy market in the world today, is all set to get a new player. U.S.-based ArcVera Renewables, which specializes in consulting and technical services, has announced its entry into India’s solar, wind and hybrid energy storage market. ArcVera has opened up an office in Bengaluru in the […]
European steelmakers are at a challenging crossroads
Europe’s steel industry appears to be at a crossroads. Hurting before the coronavirus pandemic-induced lockdowns, the industry struggled with overcapacity, high costs, weak demand and competition from lower-cost sources (like China and Russia). The lockdowns decimated demand. Major consumers, like the automotive sector, which takes something like 20% of European production of flat-rolled steel, according […]
Week in Review: China automotive sales; steel capacity utilization; steel scrap prices
Before we head into the long Labor Day weekend, let’s take a look back at the week that was in the world of metals. Automakers released August sales reports, mostly showing sales remain down compared with 2019 levels. Meanwhile, for the week ending Aug. 29, U.S. steel mills’ capacity utilization fell compared with the previous […]
Europe’s metals industry seeks a level environmental playing field
Despite the economic and political challenges related to the coronavirus pandemic, the European metals industry is becoming increasingly vocal in trying to form the arguments around its own survival. Are you under pressure to generate aluminum cost savings? Make sure you are following these 5 best practices! Making the case A recent article in […]
India to propose World Solar Bank at upcoming summit
India will propose a World Solar Bank at the World Solar Technology Summit organized by the International Solar Alliance (ISA) in September, the Business Standard reported. Stay up to date on MetalMiner with weekly, monthly, or quarterly updates – without the sales pitch. Sign up now. The virtual conference by the India-headquartered ISA will showcase […]
Week in Review: Trump targets Canadian aluminum; copper flattens; silver surges
This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed […]
