The Global Wind Energy Market Outlook 2018-2028

The trend towards clean, affordable and reliable power remains one of the key drivers behind the growth in renewable energy. Unlike solar energy, wind power has a huge CapEx. So, to encourage private investors, governments around the world have been providing subsidies and incentives. The strict environmental regulations also supported the market, particularly in matured
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Automaker Peugeot PSA withdraws from Iran, others likely to follow as the deadlines approach

French automaker Peugeot PSA has halted its investments in Iran in response to the US decision to withdraw from the Iran nuclear deal. PSA was in joint ventures with Iranian carmakers Iran Khodro Industrial Group and Saipa. However, it is now seeking a waiver from the US with the French government support. Commodity Inside View:
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AK Steel makes technical advancements to help improve its share in the grain oriented electrical steel market

AK Steel launched a new family of high-permeability grain oriented electrical steel (GOES), which is specially designed for high- and ultrahigh-voltage transformers. The company disclosed that its new TRAN-COR X family of grain oriented electrical steel is a step improvement over its current TRAN-COR H steels. It is expected that the new grade steels will
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Following steel, auto tariffs can be the next to hit NAFTA. Would comparative disadvantage work for the US?

The North American automotive industry is highly integrated. Vehicles are built on shared platforms, enhancing the whole supply chain across the region. Robust demand in the regional automotive industry attracted all major global OEMs to the region which created fierce competition and sophisticated network of OEMs and auto parts suppliers. This enables them to source
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Seamless steel pipe demand to be supported by rising oil prices

Oil and gas industry is one of the largest consumers of seamless tube and pipes. However, demand for pipes remained comparatively low over the past few years due to subdued oil prices. Recently, with the pullout of the US from the Iran nuclear deal sent oil prices to four-year high reaching $80/barrel. Indeed there would
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China closes excess capacity, but diminishing demand will undermine the efforts

China is going to close its outdated steel capacity which will bring the country total steel capacity below one billion tonnes by 2025, according to China Iron and Steel Association (CISA). Commodity Inside understands that this is in line with the country efforts on improving environmental conditions as well with the current Sino-US trade tensions.
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Apple increases its fleet of autonomous cars for open roads tests

Apple has recently added a further 28 autonomous test cars. It has now 83 autonomous test cars in California, according to the state’s Department of Motor Vehicles (DMV). The company is now well ahead of traditional players such as Waymo with 51 cars, Tesla with 39 cars, and Drive.ai with 14 cars. Commodity Inside understands
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A round-up of the flat steel market in South East and South Asia

In Southeast Asia, slab prices edged down early this month due to low demand and plentiful supply. Demand in the region is set to remain weak in the short term due to the uncertainty caused after 25% tariff on the US imports which affected various markets, particularly Asia. Meanwhile, demand in Malaysia and Indonesia remained
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European steel market remains subdued, and is trying to curb imports

Flat steel prices in Europe have softened due to high imports and inventory levels, and expected to decline in the short term due to less buying activity in the market. Buyers are in a wait and see mode as uncertainties in the European markets are looming since the US extended the exemption of 25% tariff
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Autonomous vehicles technology is developing faster, with all major automakers are in the race

Traditional automakers are currently tackling the hydra-headed problem of disruptive technologies. The almost daily emergence of new competitors has been reshaping the auto industry and making the sector more technological advanced. The zenith of all these transformations is the ‘autonomous technology’. OEMs are investing billions of dollars annually to take the leads in developing the
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