Despite the best efforts to the contrary, short-term global reliance on coal has only increased. The main reason is, of course, Russia’s invasion of Ukraine. Indeed, energy is getting harder […]
Tag: coking coal price
Big Trouble in Big China: Lack of Metals Demand
Metal processors and traders throughout China are facing a grim reality today. Thanks to major economic shifts both within the country and without, metals demand has plummeted. Of course, it’s […]
Iron Ore Prices Up In China, But is it Just a Dead Cat Bounce?
It’s still touch-and-go for the steel sector in China despite the sprouting of the first shoots of a possible manufacturing recovery. However, last Monday, benchmark iron ore prices in the […]
Steel: To Tax or Not to (carbon) Tax
Global public opinion seems divided on whether or not to impose a “carbon tax” on the metal and mining sector. This goes double for steel. Depending on which side you’re […]
European Gas Impact on Steel Prices
Steel prices and gas are the primary topics of conversation today. It seems that steel traders in China are seeking more buyers abroad for their finished steel products. Meanwhile, Russia […]
Is Energy-Intensive Metals Production in Europe Coming to an End?
The extremely high natural gas prices this past winter have left many Europeans reeling. At the time, the increased costs were blamed on a shortage of Russian supplies. Today, many […]
EU’s Russian Coal Ban Set to Impact Metal Prices
On April 8th, the European Union announced plans to ban imports of Russian coal. This, of course, comes in the wake of that country’s February invasion of Ukraine. The decision […]
Green energy boom now biting all of Europe — and the USA, too
In 2018, a pair of us on the MetalMiner team attended the “premier aluminum conference in Europe” — Aluminum 2018 Dusseldorf. Although Dusseldorf felt like a charming Ohio blue collar […]
Ban on Australian coal imports has minimal impact on China steel prices
China and Australia appear to have finally moved away from each other. The relationship turned frosty after China imposed an “unofficial ban” on Australian coal imports back in November, 2019. […]