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Norsk Hydro Reduces CO₂ Emissions in Brazil With Natural Gas, but Premiums for Green Alumina Still Not Taking Off
Norwegian multinational Norsk Hydro has taken a significant step toward environmental sustainability by completely eliminating the use of fuel oil at its Alunorte plant in Brazil in favor of natural gas. This shift allowed the company to reduce CO₂ emissions by as...
Base Metal Prices Decline on SHFE, Nickel Leads Losses
During the morning session on Monday, July 28, base metal prices traded on the Shanghai Futures Exchange (SHFE) recorded a broad-based decline, with nickel recording the most significant decline of the day. At 10:30 a.m. Shanghai time, prices for the most traded...
German Energy Company SEFE Enters the Metals Sector With New Team in London
German energy company Securing Energy for Europe (SEFE) is preparing to enter the metals market, strengthening its diversification strategy. Commodity Evolution has learned that the company has hired two industry veterans, Paul Crone and Brandon Rust, to launch a team...
US Scrap Copper Discounts Remain Steady After Two Weeks of High Volatility
US scrap copper discounts remained largely unchanged in the week ending Thursday, July 24, after two weeks of sharp price swings driven by COMEX price volatility. According to market sources, the situation has shown signs of stabilizing, with greater clarity in price...