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Chemical products: growth slows for rubber
Consumption of many rubber processing chemicals recovered slightly in 2021, after declining in most markets in 2020 due to the impact of COVID-19. The global market for rubber processing chemicals was just over 1.5 million tons in 2021, worth $6.2 billion, according...
Steel rebar: as Chinese price hits 3-month low, sales rebound
As of Oct. 17, China's domestic rebar price fell to $614/mt including VAT, hitting a three-month low, while spot sales of construction steel rebounded moderately. On Tuesday, trading volume of construction steel (rebar, wire rod and coil) among China's major trading...
Electric vehicle charging and hydrogen refueling infrastructure: European Parliament vote welcomed by auto bodies
The European Automobile Manufacturers Association (ACEA) has welcomed the European Parliament's vote to develop region-wide charging and refueling infrastructure to power electric passenger and commercial vehicles. The European Parliament voted Oct. 19 in favor of the...
Nickel: the situation is getting ever worse
Possible sanctions on the Russian metal, lawsuits, a battle to regain confidence, and a slump in nickel trading after the March fiasco are just some of the headwinds facing the London Metal Exchange as the industry prepares to convene in the British capital. Market...