Steel Market Update: Steel prices falling, while demand is outpaced by supply
Wednesday, 16 October 2019
Flat Steel Market Update Flat steel prices continued its downward trajectory and declined in almost all major markets. The recent drastic decline in steel prices was quite unexpected. The market was expecting a rebound in September which was not materialised while prices continued its slide in October. A combination of factors has driven the decline
- Published in Steel
Flat Steel Market
Thursday, 10 October 2019
Flat steel- an Introduction Flat steel products are commonly known as steel sheet/coil and steel plate. These are categorised in various types including hot rolled coil (HRC), cold rolled coil (CRC), metallic coated steel, organic coated steel, coil plate and reversing mill plate. Most steel plate is produced in the thickness range between 5mm and
- Published in Steel
Electrical steel market developments: NLMK, Tata and anti-dumping
Tuesday, 01 October 2019
Over the recent few months, we have seen a number of developments in the electrical steel market. In Russia, NLMK agreed to supply electrical steel to LTC Group, a European producer of transformers and power generation parts. Under the two year agreement, NLMK will supply both grain-oriented electrical steel (GOES) and non-grain oriented steel (NGOES)
- Published in Steel
Steel slab and the US quota dynamics
Wednesday, 18 September 2019
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
- Published in Steel
Ford makes progress with various autonomous and V2X technologies
Thursday, 01 August 2019
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
- Published in Automotive
Leading global tech giants’ pursuing renewable energy
Thursday, 01 August 2019
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
- Published in Energy
C-V2X Market: Recent Developments
Tuesday, 23 July 2019
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
- Published in Automotive
WTO rules for China in solar panels tariffs disputes with the US
Tuesday, 23 July 2019
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.
- Published in Energy
Global Cement Industry: Recent Developments
Wednesday, 17 July 2019
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
- Published in Construction
Long Steel Market
Thursday, 04 July 2019
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
- Published in Steel