steel slab and us quota

Steel slab and the US quota dynamics

The US slab buyers have started returning to the market while booking slab from Brazil by using the remaining annual quota (less than 0.5 Mt) in October. This has helped Brazil’s export prices, which reduced its loss to just USD 5/t, from August levels. However, Commodity Inside assess that the exports quota is likely to
Ford makes progress with various autonomous and V2X technologies

Ford makes progress with various autonomous and V2X technologies

Automakers around the world are racing towards developing autonomous and connected car technologies. BMW, Ford, General Motors Honda, Hyundai, Groupe PSA, Mercedes and Volkswagen are quite active in developing such technologies. Ford is also very focused on advancing its autonomous technology and has partnered with other companies. With the deployment of 5G technology, Ford has
Leading global tech giants’ pursuing renewable energy

Leading global tech giants’ pursuing renewable energy

Apple has become one of the largest corporate user of solar power in the US, leaving Amazon, Target and Walmart behind. Recently, Apple installed around 400MW solar power capacities to satisfy energy consumption at its retail stores, offices and data centres across 43 countries, including the US, the UK, China and India. Other tech companies
C-V2X Market Recent Developments

C-V2X Market: Recent Developments

Background C-V2X (cellular-vehicle-to-everything) is a type of V2X communications which was standardised in 2017 by 3GPP (3rd Generation Partnership Project).  3GBP is an organisation responsible for developing mobile telephony protocols. In C-V2X, the cellular network is used in vehicle communication instead of DSRC (Dedicated Short Range Communications). C-V2X  can use the same 5.9GHz radio channel
WTO rules for China in solar panels tariffs disputes with the US

WTO rules for China in solar panels tariffs disputes with the US

China challenged the US duties on its various products, including solar panels, solar inverters and wind towers which were imposed between 2007 and 2012. After a lengthy legal battle, the WTO’s appellate body ruled against the US. The decision was made on the basis that some of the US tariffs did not comply with its rules.
Cement Industry consulting

Global Cement Industry: Recent Developments

There have been various developments in the global cement industry recently. We tracked several mergers and acquisitions (M&As) across the world. Some of them are stated below. In Somaliland, Raysut Cement and MSG Group formed a partnership in July 2019 for making a new cement grinding plant in Berbera, Somaliland. The project would see an
Long steel market_ analysis and consulting of construction steel

Long Steel Market

Long steel- an Introduction  The term long steel refers to the products made from billets and blooms, which are mainly used in the construction sector. Usually, they are made through EAF furnaces. Long steel products include rebar, wire rod, merchant bars, rails and sections. Rebar is also known as debar, ribbed steel and concrete reinforcing
NLMK needs to resolve its slab supply-demand imbalances

NLMK needs to resolve its slab supply-demand imbalances

Novolipetsk Steel (NLMK) is one of the major steel companies which have been most severely impacted by Mr Trump protectionists’ measures. Prior to the imposition of Section 232, NLMK was supplying around 2 million tonnes/year of slabs to its US subsidiary from Russia. Initially, the imposition of 25% duty was affordable for NLMK, owing to
Electrical steel market to benefit from growth in electric vehicle production

Electrical steel market to benefit from growth in electric vehicle production

Electric Vehicles (EV) are set to play a pivotal role in tackling the energy and environmental issues in the transport sector. Automakers are being pushed to develop energy efficient and reliable alternatives in the form of electric vehicles and fuel cell vehicles. So far, electric vehicle sales are growing faster, though from a low base.
Vale and CCCC to build a flat steel rolling mill in Brazil, though slab supply still undetermined

Vale and CCCC to build a flat steel mill, though slab supply undetermined

Vale, the world largest iron ore producer, and China Communications Construction Co. (CCCC), a state-owned engineering and construction company to partner for building a 300,000 tonnes/year flat steel mill in the northern Brazilian state of Para. The memorandum of understanding (MoU) has now been signed between Concremat, Vale and the state government of Pará. Vale
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