In this week’s pick of energy and commodity charts to watch, super tankers are in high demand to store oil while prices remain at historic lows. Plus, regional gas prices converge around all-time lows, European steel and aluminum demand plummets, and Asian gasoline markets expect little relief from oversupply.
Posts tagged ‘steel’
 
|
|
March 30, 2020 12:01 UTC 
(1)
Demand destruction from the coronavirus outbreak will be top of mind for power and gas traders this week, while the ripples in the oil market are being felt in Saudi Arabia and Vietnam, albeit in different ways. The iron ore market, which is faring better, rounds out this week’s pick of commodity charts by S&P Global Platts news editors |
|
|
March 23, 2020 09:55 UTC
(2)
US oil exports are under pressure as WTI’s differential to Middle Eastern offers narrows, reducing its appeal in Asia. Meanwhile, the gut-punch to global demand from the coronavirus pandemic is playing out across markets, putting EU carbon prices high on traders’ watchlist after last week’s nosedive. |
 
|
March 20, 2020 11:48 UTC
(25)
The fast spread of coronavirus in Italy, along with measures to restrict individual movement – the harshest since World War II – has dragged down power and gas demand in the country and caused prices to collapse. With government-imposed lockdowns coming into force across Europe since, the impact on the region’s energy markets is far from over. |
 
|
March 17, 2020 12:24 UTC
(2)
China’s virtual lockdown due to the coronavirus outbreak in February resulted in soaring steel inventories, which depressed prices and margins. Iron ore has been resilient, but for how much longer? Paul Bartholomew and Sebastian Lewis discuss the impact of the virus and when markets may return to normal. |
|
|
February 17, 2020 12:50 UTC
(0)
The ongoing outbreak of coronavirus, known officially as COVID-19, continues to dominate commodity and energy market developments, as illustrated by this week’s pick of charts from S&P Global Platts news editors. Plus, key trends in EU and US electricity markets. |
|
|
February 10, 2020 10:34 UTC
(3)
Global gas price convergence tops this week’s pick of energy and commodities charts to watch. Plus: US LNG exports, coronavirus impact on Asian crude oil and bunker fuel trade, emerging European power market dynamics, and global steel price trends. |
|
December 16, 2019 07:00 UTC
(14)
The global steel industry has been transformed over the last 40 years. Ahead of his retirement, S&P Global Platts’ Joe Innace looks back on four decades of reporting on a dynamic sector. Finished steel is that which is ready to be traded. It meets all specifications, has passed inspection and is bound for use in markets – construction, automotive, oil/energy and many more. |
|
|
December 6, 2019 13:31 UTC
(0)
Chinese steel production posted a rare drop in October, while domestic steel prices have been buoyed by the property sector. Paul Bartholomew and Sebastian Lewis analyze China’s key economic indicators, and what they mean for the metals sector. |
|
|
December 4, 2019 10:02 UTC
(2)
“Trade wars are good, and easy to win,” President Donald Trump tweeted in March 2018 after imposing sweeping tariffs on US imports of steel and aluminum. The application of a little-known trade remedy sent shockwaves across the metal markets and upended well-established supply chains. More than two years have passed since the Section 232 investigation was carried out by the US Department of Commerce, under provisions in a 1962 trade act, and 20 months since the tariffs were imposed on the grounds of national security. |