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 production of low-carbon steel; and, lastly, miner BHP a…

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 production of low-carbon steel; and, lastly, miner BHP and South Korean steelmaker POSCO signed a memorandum of understanding to explore the reduction of greenhouse gas...

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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 growth as a result of electricity rationing. The Financial Times observes t…

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 growth as a result of electricity rationing. The Financial Times observes that China has suffered a triple whammy of emissions restrictions on power generation, a...

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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 administration’s recent meeting on the semiconductor supply chain; and, lastly, the Energy Information Administration expects a rise in natural gas consumption in 2021 and 2022….

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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 administration’s recent meeting on the semiconductor supply chain; and, lastly, the Energy Information Administration expects a rise in natural gas consumption in 2021 and 2022....

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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 expand natural gas exports to Europe; and, lastly, a…

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 expand natural gas exports to Europe; and, lastly, aluminum prices have slowed down after peaking Sept. 13. Many may be wondering how to set buying...

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Record natural gas, resulting power prices cause alarm in Europe’s steel industry

Reports in the media that natural gas prices in the U.K. have more than quadrupled over the last year to highs of 180p per therm from around 40p per therm this time last year are making headlines. This is largely because of the impact on small, startup gas suppliers who have been forced out of…

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Reports in the media that natural gas prices in the U.K. have more than quadrupled over the last year to highs of 180p per therm from around 40p per therm this time last year are making headlines. This is largely because of the impact on small, startup gas suppliers who have been forced out of...

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This Morning in Metals: Natural gas exports to exceed imports this year, EIA forecasts

This morning in metals news: the Energy Information Administration forecast U.S. natural gas exports will exceed imports this year; aluminum prices remained near 10-year highs last week; and, finally, the Associated General Contractors of America repor…

This morning in metals news: the Energy Information Administration forecast U.S. natural gas exports will exceed imports this year; aluminum prices remained near 10-year highs last week; and, finally, the Associated General Contractors of America reported on the rise in construction input costs. The MetalMiner Best Practice Library offers a wealth of knowledge and tips...

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This Morning in Metals: Senate passes $1T infrastructure bill

This morning in metals news: the U.S. Senate on Tuesday voted to pass a $1 trillion infrastructure bill; the Consumer Price Index for All Urban Consumers rose once again in July; and, finally, the Energy Information Administration forecast lower-than-a…

This morning in metals news: the U.S. Senate on Tuesday voted to pass a $1 trillion infrastructure bill; the Consumer Price Index for All Urban Consumers rose once again in July; and, finally, the Energy Information Administration forecast lower-than-average natural gas inventories heading into the winter heating season. You want more MetalMiner on your terms....

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Natural gas prices adding to inflationary cost pressures

Commodities in the form of metals and agricultural products are not the only goods facing price inflation this year. Power costs have been driven higher by a combination of pandemic bounce-back, extreme weather in the U.S., Europe and Russia this summe…

Commodities in the form of metals and agricultural products are not the only goods facing price inflation this year. Power costs have been driven higher by a combination of pandemic bounce-back, extreme weather in the U.S., Europe and Russia this summer, and supply constraints. Are you prepared for your annual steel contract negotiations? Be sure...

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This Morning in Metals: Copper prices stabilize after cooling

This morning in metals news: copper prices have stabilized over the last month; U.S. natural gas prices have surged to their highest level since 2014; and, lastly, Cleveland-Cliffs released its second-quarter results. Receive the latest short-term and …

This morning in metals news: copper prices have stabilized over the last month; U.S. natural gas prices have surged to their highest level since 2014; and, lastly, Cleveland-Cliffs released its second-quarter results. Receive the latest short-term and long-term outlook for the full range of industrial metals (base and ferrous) at the annual MetalMiner Forecasting Workshop...

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This Morning in Metals: Rio Tinto reports Q2 production results

This morning in metals news: Rio Tinto reported its Q2 production results; U.S. unemployment rates were down in seven states in June; and, lastly, the U.S. once again led the way in petroleum and natural gas production last year. You want more MetalMin…

This morning in metals news: Rio Tinto reported its Q2 production results; U.S. unemployment rates were down in seven states in June; and, lastly, the U.S. once again led the way in petroleum and natural gas production last year. You want more MetalMiner on your terms. Sign up for weekly email updates here. Rio Tinto...

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