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Iron ore: Price falls to lowest level in 18 months
Iron ore prices fell Thursday, dragged down by the outlook for demand for steel products and raw materials in China. The most-traded iron ore contract for January delivery on the Dalian Commodity Exchange ended the day's trading 5.1% lower at 511.50 yuan ($80.21) a...
Chinese blast furnace investments in the region raise emissions concerns
As the global push for decarbonization spreads across Southeast Asia, new blast furnace (BF) construction planned by Chinese steel companies in several countries in the region has begun to attract attention. If a new design plan is implemented, the ratio of blast...
Copper and nickel: Bhp predicts growth of up to four times over the next 30 years
According to Bhp, as the pace and shape of the global transition to a greener economy has become a key global issue, the need for battery metals will grow up to four times over the next 30 years. The world's largest miner is also predicting that demand for nickel,...
Industrial metals: all in simultaneous backwardation
For the first time in over a decade, six of the world's most vital industrial metals are flashing a rare synchronized warning about tight supply as logistical turmoil and strong demand ignite anxiety among buyers. From aluminum to zinc, spot prices for base metals on...