President Donald Trump signed a proclamation to reimpose US tariffs on imports of Canadian aluminum, Trump said Aug. 6. As of Aug. 16, US imports of non-alloyed unwrought aluminum will again be subject to a tariff of 10%, according to the proclamation. The Trump administration placed 10% tariffs on...
https://www.hellenicshippingnews.com/us-reimposes-tariffs-on-canadian-aluminum/
US net export sales of wheat dipped the week ended July 30, US Department of Agriculture data showed Aug. 6, with China again emerging as the top buyer of the wheat in recent weeks as it continued to ramp up purchases of US agriculture goods. Net export sales of US wheat reached 605,472 mt in …
China’s iron ore imports in July surged to a record, up 24% from a year earlier, customs data showed on Friday, driven by shipments from miners and resilient demand as the economy bounced back after disruptions from the coronavirus pandemic. Arrivals of the key steelmaking ingredient were 112.65...
https://www.hellenicshippingnews.com/chinas-july-iron-ore-imports-hit-record-high-on-robust-demand/
Global Energy Monitor’s latest Global Coal Plant Tracker has put another nail in the coffin for the coal-carrying fleet with its finding that the world’s fleet of coal-fired power stations reduced for the first time on record in the first half of this year. More capacity retired in the first half...
https://www.hellenicshippingnews.com/global-coal-power-puzzle/
World food prices rose in July led by vegetable oils, dairy products and sugar, extending a rebound from the previous month following sharp falls triggered by the coronavirus pandemic, the United Nations food agency said on Thursday. The Food and Agriculture Organization’s food price index, which...
https://www.hellenicshippingnews.com/world-food-price-index-rises-in-july-extending-rebound/
Peru, a top global metals exporter, saw its output of copper, gold and zinc nosedive in the first half of 2020, ravaged by restrictions put in place to curb the coronavirus outbreak, the government said on Tuesday. The world’s No. 2 copper producer said production of the red metal plunged 20.4% in...
Germany’s energy regulator on Tuesday set a Sept. 1 bidding date for a first auction inviting operators of hard coal-fired power stations to compete for compensation to close 4,000 megawatts (MW) of capacity under laws seeking to curb carbon emissions. The auction system implements parts of a...
Glencore’s Chief Executive Officer, Ivan Glasenberg, commented: “Every aspect of life in 2020 has been impacted by the Covid-19 crisis. Our teams have adapted to these difficult conditions and we are pleased to announce an overall strong financial performance from our various businesses, reflecting...
U.S. corn and soybean futures posted sharp declines on Tuesday, with the market focused on expectations for bumper yields across the U.S. Midwest this fall due to forecasts for rain in key growing areas, traders said. On a continuous basis, corn futures dropped to their lowest level since June 29...
Steel Authority of India Limited (SAIL), the largest steel making company in the Country, attained a sales volume of 15.83 Lakh Tonnes in July’20 which is its best ever performance in the month of July and an impressive growth of about 50% over July’19 sales which was 10.59 Lakh Tonnes. The Company...