Asia is currently experiencing its most significant hydropower crunch in decades, with China and India, the two countries that account for approximately three-quarters of Asia’s power generation, witnessing sharp declines.
The most-traded DCE I2401 iron ore contract closed down 0.4% at 861 yuan/mt today. Iron ore traders’ shipment enthusiasm was average, and some were cautiously waiting. The overall market transaction atmosphere today was sluggish. Transaction prices of PB fines in Shandong were concentrated in the range of 929-940 yuan/mt, down 5-15 yuan/mt compared with yesterday, […]
Action is urgently needed as the collective cost of port and rail failures in SA over the past 18 months is R150bn by SIYABONGA MTHEMBU AND LANCE PETERSEN – Business Day It has been estimated that the collective cost of port and rail failures in SA over the past 18 months is R150bn. From another perspective, […]
Bloomberg Lithium prices are plunging around the world, but the slump is particularly glaring in China, where the key battery metal is trading at a big discount versus the US. After a buying frenzy sent global prices soaring though last year, they’ve since plunged as electric vehicle demand disappoints and supplies are expected to remain […]