Platts Steel Markets Europe conference was held less than a week after the United Kingdom voted to leave the European Union, but that historical decision paled in comparison to concerns around the ongoing influence of China on European steel markets.
Posts tagged ‘China’
June 30, 2016 05:01 UTC
After crashing to levels last seen in the 2009 global financial crisis, spot market prices for Australian thermal coal delivered to power stations in southern China have shrugged off their aura of doom and gloom to trade at an 11-month high in June.
May 17, 2016 14:00 UTC
Aristotle developed the idea that a vacuum couldn’t exist in nature because the denser matter around it would immediately fill the space. The first few months of 2016 have shown that the US DDGS export market also abhors a vacuum.
In late 2015, the Chinese Ministry of Commerce announced it would begin an investigation at the request of local ethanol producers into allegations that US producers were dumping cheap dried distillers grains onto the Chinese market.
What happens next will provide some insight into the future of the DDGS market and where the opportunities for expansion lay.