This morning in metals news, the United States Trade Representative will soon consider whether to extend tariff exclusions granted last year for imports of certain products from China, the GFG Alliance is aiming to consolidate its steel operations and make the new consolidated entity carbon-neutral by 2030, and LME copper prices continue to make gains […]
Category: Green
Renewables MMI: Glencore Signs Cobalt Supply Deal with China’s GEM
The Renewables Monthly Metals Index (MMI) slipped one point for an October MMI reading of 98. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Glencore Signs Cobalt Supply Deal with China’s GEM Mining giant Glencore has entered into a cobalt supply agreement with China’s […]
SUV Demand Raises Questions about Impact of EVs on Environmental Targets
An interesting article in the Financial Times this week struck a chord with us at MetalMiner where we often debate how we see metals and manufacturing will go. As such, we often try to shoot holes in oft touted but poorly researched “trends” found in the popular media or espoused by politicians. Keep up to […]
This Morning in Metals: Codelco to Hold European Copper Premium Flat
This morning in metals news, Codelco is holding its 2020 copper premium flat for Europe, China’s yuan could see further devaluation and Alcoa’s Baie-Comeau smelter has received certification from the Aluminum Stewardship Initiative. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper Premium […]
Indian PM Modi Ramps up Country’s Renewable Energy Target
Indian Prime Minister Narendra Modi’s doubling of India’s renewable energy target by 2022 has made global headlines. At the United Nations Climate Action Summit earlier this week, the Modi said India was now aiming to install 450 GW of renewable energy by 2022, more than double the previously promised 175 GW, The Hindu reported. Keep […]
India Aims to Bolster Energy Supply, Per Capita Energy Consumption
As part of its energy planning — especially on the oil and gas front — India has been actively looking at its neighbors in the past few months for support and supply. Besides Russia, the other countries India is looking to for fulfilling its energy requirements is the United Arab Emirates (U.A.E.), Saudi Arabia and […]
Renewables MMI: Cobalt Prices Gain Upward Momentum
The Renewables Monthly Metals Index (MMI) dropped two points for a September MMI value of 99. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook First Cobalt Eyes Restart of Canadian Refinery First Cobalt Corp., a Toronto-based firm, is looking into restarting its idled cobalt refinery in Canada, Reuters reported. First Cobalt […]
This Morning in Metals: China Sees Slowdown in Copper Imports, Aluminum Exports
This morning in metals news, China’s trade activity with respect to aluminum and copper slowed in August, Nucor announced Chairman and CEO John Ferriola will be retiring at the end of the calendar year and residents of an Arizona town expressed staunch opposition to a proposed aluminum recycling plant. Need buying strategies for steel? Request […]
Week in Review: Carbon Capture, Steel Production and the U.K.’s Clean Steel Fund
Before we head into the Labor Day weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook MetalMiner’s Stuart Burns on doubts surrounding the viability of carbon capture technology vis-a-vis the coal […]
U.K. Government Seeks Feedback for £250M Clean Steel Fund
The U.K.’s Department for Business, Energy and Industrial Strategy (BEIS) has issued a call for evidence to help inform a planned £250 million Clean Steel Fund. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the BEIS, the fund will “support the UK steel sector to move to a […]
