🇪🇺#steel #regulation #esg
The export of steel to Europe from India, Ukraine and Russia is increasing. The EU may reintroduce protective measures.

● Energy crisis in Europe.
● European steel cost increase due to surcharges on CO2 emissions.
● Automakers refuse to buy steel

⚠️🇷🇺#steel #ironore #coal #fertilizer #tax #russia
Tax rates for iron ore, coking coal, potash, and liquid steel have increased in Russia.

🌎#steel #metals #geopolitics
Global steel prices could rise if exports from Russia or Ukraine are disrupted - head of Japanese steel association

🇪🇺#inflation #steel #europe #metals
EU - Steel prices

❗️🇪🇺🇷🇺#sanctions #russia #europe #metals #steel #ironore
BBG: new EU sanctions package against Russia doesn't include: titanium, aluminum, copper, nickel, palladium, iron ore, steel slabs and billet
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European revenue of Russian steelmakers:
#NLMK = 18%
#CHMF = 34%
#EVRZ = 7%
#MMK = 7%
#Metalinvest = 30%

🇪🇺🇮🇳🇮🇩#steel #regulation
EU will increase tariffs on stainless steel products from India and Indonesia after determining they benefited from unfair subsidies, including some from China under its Belt and Road investment programme - RTRS

☘️🇨🇦#esg #steel #hydrogen #coal #gas
ArcelorMittal successfully tests replacement of coking coal and natural gas with green hydrogen.

Traditional blast furnaces use coking coal to melt iron ore and remove oxygen. An alternative route is direct-reduced iron, whereby natural gas is used to remove oxygen from iron ore pellets.

🇨🇳#china #steel #commodity
China - Steel production still falling, while stockpiles grow
——————-
early: steel crisis to persist for 5 years

⚠️🌎#steel #metals #price
steel price in China = Min since November 2020
——————-
early: steel crisis to persist for 5 years

💥🇺🇸#steel #us #demand #realestate
WSJ: U.S. steel companies are ramping up capex, brushing aside signs of weakness in the broader economy as executives cited strengthening demand from customers in the auto and construction sectors

#STLD #NUE #X #CLF #TOL #watchlist

⚠️🌎#ironore #opinion #warning #metals #markets #realestate
Goldman: the crisis engulfing China’s property sector could strike at the iron ore market and to create a significant surplus over the 2Q 22.

Forecast now for an excess of 67M tons of the steelmaking mineral for the rest of 2022, after a deficit of 56M tons in the first half, reflecting both weakness in onshore real-estate and a sharp deceleration in steel demand outside China #steel

⚠️🇺🇸#CLF #steel #metals #us
US steel price

⚠️#steel #europe #metals #forecast
Eurofer: the energy crisis could lead to the closure up to a third of all steelmaking capacity in Europe, including most of the electric steel melting mills.

⚠️🇺🇸#metals #us #steel
American Iron and Steel Institute says about significant slowdown of U.S. steel sector

#CLF

🇮🇳#steel #india #forecast
PM India Modi: India has set a target to double the steel production capacity from 154M tonnes per annum now to 300M tonnes per annum in the next 9-10 years

#metals #macro

⚠️🌎#hydrogen #steel #cement
professor at MIT: hydrogen isn't suitable for steel and cement production
—————————
early: hydrogen isn’t as green as it looks

#renewable

🇰🇷#PKX #watchlist
POSCO CEO: strong USD and low steel demand from the global economic slowdown are dragging down profits

#steel #world #economy

⚠️#steel #metals
China steel prices = 3-year low on demand woes
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сommodity markets continue to decline - details

natural gas prices are falling worldwide - details

🇰🇷#PKX #capex #watchlist
POSCO plans $93 billion of investment by 2030

#steel #battery #hydrogen