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Steel and metals: recyclers call for early elimination of EU ETS free allocations for producers
The European Recycling Industry Confederation EuRIC, a strong supporter of the circular economy, urged ahead of a European meeting on Nov. 22 that free allocation under the European Union's Emissions Trading Scheme be eliminated as soon as possible so as not to...
German transformers ever closer to the brink
Germany's steel and metal sectors are deeply alarmed by the seemingly endless rise in energy prices, which threatens to deeply disrupt the value chain. "We are in a substantial industrial crisis. Companies are reducing production. Every day we are losing added value...
Looming U.S. rail strike could disrupt commodity markets
Commodity markets are keeping a close eye on negotiations between U.S. railroads and unions on Sept. 13 as the deadline approaches for a strike that would restrict shipments of agricultural and energy products, causing prices to soar. Ten of the 12 major unions have...
Overview Market Close – November 10, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 29,420.92 +262.95 +0.90% S&P 500 INDEX 3,545.53 -4.97 -0.14% NASDAQ COMPOSITE 11,553.86 -159.93 -1.37% NYSE COMPOSITE INDEX 13,707.99 +96.34 +0.71% S&P/TSX COMPOSITE INDEX 16,615.37 +139.51 +0.85%...