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The EU’s ambitious target of having 20 million mt/year of available green hydrogen by 2030 may be achieved if companies accelerate production projects, become more creative and subsidies to the sector are better aligned, speakers said at the Financial Times Hydrogen Summit in London June 16. “The 2030 target is just possible but we need […]

The Turkish Trade Ministry is expected to announce the final decision on its antidumping investigation into hot-rolled coil imports from the EU and South Korea in late-June or early-July, industry sources told S&P Global Commodity Insights June 16. After the investigation, which was launched in early 2021 , the ministry’s preliminary decision released March 11

The US market has imported its first Chinese pig iron cargo since 2010 with approximately 70,500 mt landing in Baton Rouge, Louisiana, on June 7, according to data from Panjiva, a division of S&P Global Market Intelligence. This is the first arrival of a Chinese cargo of pig iron since 56,880 mt landed in Baton

Global oil supply may struggle to keep up with demand in 2023 as a resurgent China comes when Russia begins to feel the full force of sanctions, the International Energy Agency warned in its latest monthly oil market report June 15. Despite triple digit oil prices for much of 2022, a Dated Brent benchmark that

Olin is temporarily curtailing a “significant portion” of its ethylene dichloride and related chlor-alkali production at its Freeport, Texas, complex, the company announced June 14. The world’s largest chlor-alkali producer also said it has restarted half of its chlor-alkali unit at its Plaquemine, Louisiana, complex, and expects to bring up other operations at the complex

Global adoption of hydrogen is on pace to satisfy just one-third of the volume required to hit 2050 targets set out in the Paris Agreement, indicating that governments around the world need to strengthen policies for hydrogen to meet its decarbonization potential, Norwegian maritime consultant DNV said in its June 14 hydrogen outlook. “While there

Argentina will significantly increase supplies of natural gas to its neighbor Chile, which will in turn export surplus solar power, following talks between the two countries’ government Announced by Argentinian President Alberto Fernandez and Chilean President Gabriel Boric at the Summit of the Americas in Los Angeles, the deal will see Argentina supply Chile with

Toronto-based Li-Cycle expects its lithium-ion battery recycling capacity to reach 65,000 mt/year by the end of 2023 as it grows its operational footprint in the US and expands into Europe, the company said June 14. “Strategically, we are positioning Li-Cycle as a leading and preferred recycler and supplier of critical battery materials, capitalizing on the

Brazilian finished steel price sentiment weakened in June because of slowing demand and raw materials prices declining to levels prior to the start of the Russia-Ukraine war, S&P Global Commodity Insights monthly steel sentiment survey showed. A survey of Brazilian producers, distributors, traders, and end-customers at the beginning of June showed that the index for

Lithium mine developer CleanTech Lithium is seeking strategic partners for its two “green” projects in South America’s so-called Lithium Triangle and expects to have firm news on this within six months, company chief financial officer Gordon Stein said in an interview. Development of the two projects, both using direct lithium extraction technology, or DLE– said