As it prepares for the November 30 start-up of the United Nations Climate Change conference in Paris, the US Department of Energy has been generating data that shows total US carbon dioxide emissions have declined and then flattened out in the past eight years, with emissions specifically from the US power sector part of the same trend.
Posts Tagged ‘China’
By Jeff Ryser | November 24, 2015 12:01 AM Comments (0)
By Colin Richardson | November 13, 2015 12:01 AM Comments (1)
So say the lyrics immortalized by Spencer Davis, which to some degree show what is wrong with the global steel market — it keeps on running and hiding from its overcapacity.
For global producers to return to 85% utilization rates, 170 million mt of global capacity has to disappear, according to Macquarie Research. To reach headier rates of 90% utilization rates, at which mills can make decent money, the equivalent of Western European and Japanese production (275 million mt) needs to exit the market.
By Elizabeth Bassett | November 12, 2015 05:21 PM Comments (1)
We’re speeding toward the end of 2015, which means that our monthly oil feature, The Oil Big Five, is increasingly focused on topics that could shape the global oil industry into 2016 and beyond.
By Tom Balcerek | November 12, 2015 12:01 AM Comments (4)
The steel industry doesn’t have much to cheer about these days. Some recent news items tell the tale:
By Hector Forster | October 27, 2015 06:00 AM Comments (0)
Iron ore miners Rio Tinto and Vale remain nose to nose in claiming industry leadership for 2015.
Rio Tinto’s new-found leadership status was confirmed by iron ore shipments stretching to a record 91.3 million mt in the third quarter, around 5 million mt more than Vale’s quarterly total for its fines, run-of-mine ores and pellet sales, latest company data show.
Vale, however, had something to brag about.
By Joseph Innace | October 22, 2015 12:01 AM Comments (2)
So I’m outside smoking a cigar (yes, my one bad habit) at Chicago’s Fairmont Hotel during a break from last week’s sessions of worldsteel-49 — the annual gathering of top global steelmaking CEOs. A tall, distinguished-looking gentleman joins me, lighting a cigarette.
It’s Haijian Gao, chairman of China’s Magang (Group) Holding Co. Ltd.
By Wes Swift | October 8, 2015 12:54 PM Comments (0)
While some may associate the summer with dry spells, for the US dried distillers grains (DDGS) market, the dry spell has come in the fall.
Numerous sources have said that China, the world’s No. 1 importer of DDGS, has stopped purchasing the ethanol byproduct in recent months after buying heavily earlier in the year. That assertion is backed up by data from the US Department of Agriculture. According the USDA, DDGS exports peaked in May at $252.016 million, fell off slightly in July, then cratered in August.
By Yen Ling Song | September 23, 2015 12:01 AM Comments (0)
Dongming, Yatong, Kenli, Lijin: A new breed of companies are emerging from China. Part of the band of independent teapot refiners, which by almost any measure are considered underdogs in the country, they are now taking their first, albeit tentative steps into international trading.