As our colleague Fouad Egbaria noted this week, rising power costs in Europe, almost wholly down to the cost of natural gas, resulted in reduced output at Europe’s largest aluminum […]
Tag: Natural Gas
This Morning in Metals: US import prices rise 0.7% in November
This morning in metals news: U.S. import prices gained in November; meanwhile, U.S. construction starts surged in November; and, lastly, the Energy Information Administration forecasts record monthly natural gas production […]
This Morning in Metals: Rio Tinto invests to increase low-carbon aluminum production
This morning in metals news: Rio Tinto said it is investing US$87 million to increase its low-carbon aluminum production in Canada; new natural gas pipeline capacity came on stream in […]
This Morning in Metals: Aurubis AG to invest €300M in U.S. metals recycling plant
This morning in metals news: German firm Aurubis AG announced plans to construct a new metals recycling plant in the U.S.; meanwhile, U.S. natural gas storage levels are down this […]
This Morning in Metals: Consumer Price Index rises 0.9% in October
This morning in metals news: the Consumer Price Index for All Urban Consumers Rose by 0.9% in October; meanwhile, U.S. steel shipments rose by 21.3% year over year in September; […]
This Morning in Metals: Chinese auto sales rise 14.9% month over month
This morning in metals news: Chinese auto sales picked up in September on a month-over-month basis; the Energy Information Administration forecast a significant jump in natural gas prices this winter; […]
This Morning in Metals: Natural gas prices to remain elevated this winter
This morning in metals news: the Energy Information Administration forecasts natural gas prices will remain elevated this winter; meanwhile, Rio Tinto said it is working on new technology for the […]
Europe follows China, India in battling rising energy costs
We have written twice over the last week concerning the energy crunch, first in China and then India. Thermal coal prices have risen to record levels, threatening to impact GDP […]
This Morning in Metals: Mercedes-Benz, Stellantis take stakes in battery cell manufacturer
This morning in metals news: Mercedes-Benz, Stellantis and TotalEnergies will each take a 33% stake in Automotive Cells Company; meanwhile, the Semiconductor Industry Association offered its reaction to the Biden […]
This Morning in Metals: Ford, Redwood to collaborate on closed-loop battery recycling, supply chain
This morning in metals news: Ford Motor Co. is collaborating with Redwood Materials on a closed-loop battery recycling and building out the domestic electric vehicle battery supply chain; Norway will […]