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US ferrous scrap exporters ramped up dry bulk shipments in September by finding buyers in a greater diversity of countries, including the second cargo to India recorded so far this year. US ferrous scrap bulk exports were 400,658 mt in September, up 3.8% from August and an increase of 46.5% from September 2021, according to […]

Inflation and currency effects are squeezing Europe’s wind and solar developers as they strive to meet challenging project deadlines, lawyers at Bracewell LLP said Oct. 4 during a media roundtable. While the EU’s RepowerEU initiative increases the Renewable Energy Directive’s target from 40% to 45% by 2030, developers on the ground are finding it increasingly

A task force set up by Japan’s Ministry of Economy, Trade and Industry has estimated that the country’s ammonia CFR price at $335-$339/mt from the Middle East, $413/mt from North America and $429/mt from Oceania as the main basis for developing its supply chain by 2030. The estimates were presented Sept. 28 at the second

Russia’s invasion of Ukraine triggered an unprecedented wave of sanctions against Moscow which are still rippling through global commodity markets. In addition to official sanctions which continue to evolve, major self-sanctioning by industries looking to cut ties with Russia have deepened the market impact. Click here to see the full size version (updated September 29,

With the basket of new tax credits for hydrogen and renewables within the US Inflation Reduction Act, analysts are projecting that subsidies could reduce the cost of green hydrogen to under $0/kg by 2030, which would rapidly accelerate the adoption of green hydrogen in the steel, transportation and power generation industries. But how green hydrogen

Consumer container recycling programs in the US will need to expand in the coming years to ensure that ample volumes of scrap will be available to supply an incoming wave of domestic secondary aluminum sheet capacity set to come online by 2026, industry representatives said Sept. 29. “Today, about half the cans we ship in

The mood for striking new partnerships to develop critical and base mineral deposits has become muted in the current economic climate but investments may pick up slightly next year, according to Kyler Hardy, CEO of Canada-based project generator and incubator Cloudbreak Discovery. “Metals prices falling is a kneejerk reaction of [economies] moving into recession,” Hardy

Prudent feedstock selection and crude slate adjustments are crucial operational strategies for Southeast Asian refiners in times of volatile oil prices, raising the case for Indonesia to assess the possibility of processing cheap Russian crude as well as stepping up efforts to upgrade its facilities to improve overall refining economics, industry executives said. The Southeast

China’s leading copper smelters have set the floor price for copper concentrate treatment and refining charges, or TCs/RCs, for the fourth quarter at $93/mt and 9.3 cents/lb respectively, the highest level in more than four years, industry sources said Sept. 27. The rise in TCs/RCs indicates that local markets have an elevated supply of copper

The Colombian coke industry expects to double its exports in the coming years and surpass China and Poland as the world top exporter. “If we manage to reach 10 million mt/year, we would enter the fight for that first place, in a world in which there is a demand for this product and in which