Affected by the conflict between Russia and Ukraine, this year the European electrolytic aluminum production capacity is declining, as Russia this week stop running indefinitely "Nord stream no. 1" gas pipeline, electricity prices in Europe rose shar…
The most dangerous moment is yet to come. In its winter outlook for 2022/23, National Grid said the UK would face a "knock-on effect" on the country's energy supply, such as price spikes if Russia were to cut off gas flows to Europe.…
Recently, the International Energy Agency (IEA) released a report showing that global demand for naphtha has fallen sharply. Two factors account for this, the IEA said. On the one hand, profits are being squeezed by rising crude oil prices and shrink…
Recently, the International Energy Agency (IEA) released a report showing that global demand for naphtha has fallen sharply. Two factors account for this, the IEA said. On the one hand, profits are being squeezed by rising crude oil prices and shrink…
310 million tons! In the first quarter of 2022, global blast furnace pig iron production decreased by 8.8% year-on-year According to statistics from the World Iron and Steel Association, pig…
310 million tons! In the first quarter of 2022, global blast furnace pig iron production decreased by 8.8% year-on-year According to statistics from the World Iron and Steel Association, pig…
Iron ore prices have been surging since early March, with weekly gains of 21% in the first week of the month. Since November 18, 2021, the price of 62% grade Australian fine ore ($87.2 / ton) fell to the "freezing point" since the second half of 2020…
The US economy is never going back to ‘normal’ New York (CNN Business) The U.S. economy has come a long way since last years devastating recession. But a return to " normal " may not be possible. The " back-to-normal " Index, comp...…