Global insight

India¡¯s renewables capacity growth to outstrip coal

Growth in India's renewable energy capacity is on course to easily outpace the expansion of its coal-power fleet in the current decade, given the country's broader plan to cut its dependence on the thermal fuel.

Wednesday, June 24, 2020

Lower-Fe iron ore discounts start to disappear for July

Lower-grade iron ore contract prices will narrow or erase discounts in July, as spot differentials have gained further support from supply disruptions, product upgrades and margin pressures.

Wednesday, June 24, 2020

EU new car sales to drop by 25pc in 2020: ACEA

The European Automobile Manufacturers' Association (ACEA) is forecasting a 25pc drop in new passenger car sales in the EU this year as result of the Covid-19 pandemic.

Wednesday, June 24, 2020

Japan¡¯s Mazda to resume two-shift car output in July

Japanese auto manufacturer Mazda is planning to restart two-shift production at all of its four domestic assembly plants in July to gradually restore output from Covid-19 lows.

Wednesday, June 24, 2020

ArcelorMittal eyes €440/t for HRC in northwest EU

ArcelorMittal today announced a €440/t ex-works base price for hot-rolled coil (HRC) in the northwest European market, buyers told Argus.

Wednesday, June 24, 2020

Global crude steel production in May down 8.7% on year due to coronavirus crisis: worldsteel

Global crude steel production in May down 8.7% on year due to coronavirus crisis: worldsteel

Tuesday, June 23, 2020

Analysis: Vale's monthly iron ore shipments indicate supply shortfall may persist

Analysis: Vale's monthly iron ore shipments indicate supply shortfall may persist

Tuesday, June 23, 2020

New iron ore trading platform launched in China with seven trades

New iron ore trading platform launched in China with seven trades

Tuesday, June 23, 2020
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