Germany’s federal environment minister has pledged €55 million ($65 million) towards ArcelorMittal Hamburg’s planned construction of a demonstrator directed reduced iron (DRI) plant, which will eventually use green hydrogen, the […]
Tag: Germany
This Morning in Metals: India to limit copper, aluminum imports
This morning in metals news: India is looking to curb its imports of copper and aluminum; Rio Tinto and Turquoise Hill reached a financing agreement for the Oyu Tolgoi underground […]
Europe’s stock markets remain strangely sanguine despite lackluster growth
The Financial Times reported the eurozone’s economy is growing at the slowest rate since the bloc’s debt crisis seven years ago, according to data published late last week. Metal prices […]
IMF revises global growth projections downward for 2019-2021
Despite noting some positive developments, the International Monetary Fund (IMF), downgraded its growth projections for 2019-2021, citing a number of pressures ranging from climate change to geopolitical tensions to extant […]
Tensions ease as U.S. presidential election looms ever larger
As we head into not just a new year but a new decade, we could be forgiven for thinking we are in much better shape than we were a year […]
U.S.-E.U. Trade Talks Show Promise Over Auto Tariffs Issue
Not everyone agrees with the use of tariffs to achieve changes in trade relations. However, a recent article in The New York Times article reports the threat of 25% import […]
This Morning in Metals: DOC Rules in Anti-Dumping, CVD Investigation of Stainless Steel Kegs
This morning in metals news, the U.S. Department of Commerce announced rulings in investigations of stainless steel kegs from China and Germany, copper prices rose on labor tensions in Chile, […]
Is the Global Automotive Manufacturing Downturn Cyclical or the New Normal?
Automotive markets just about everywhere are in decline this year. The question is: to what extent is this a cyclical downturn as opposed to a structural shift? Need buying strategies […]
This Morning in Metals: Global Aluminum Output Rises 2.5% in September
This morning in metals news, global aluminum production jumped in September, Germany’s steel sector warns against an abrupt withdrawal from coal-fired electricity and Tokyo Steel’s prices hold steady again. Need […]
This Morning in Metals: German Authorities Slap €205M in Fines on Steel Companies, Others
This morning in metals news, German steel companies are being hit with fines over price rigging, worker contract negotiations are underway at U.S. Steel and the U.S. Senate approved a […]