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Steel capacity utilization; China coal production; Midwest Premium

Steel capacity utilization; China coal production; Midwest Premium
spendmatters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spendmatters.com Daily Mail and Mail on Sunday newspapers.

Oil price heads for new type of peak oil; overheating copper?; DRC cobalt

Oil price heads for new type of peak oil; overheating copper?; DRC cobalt
spendmatters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spendmatters.com Daily Mail and Mail on Sunday newspapers.

Electricity consumption in the US; green steel; EU carbon tax

Adobe Stock Here’s a quick rundown of news and thoughts from particular commodity markets, including US electricity consumption, green steel and graphite anodes. MetalMiner, a sister site of ours, scours the landscape for what matters. This week: US electricity consumption forecast to bounce back Unsurprisingly, after a drop in 2020, US electricity consumption is forecast to rise in 2021. The Energy Information Administration forecast electricity consumption to rise by 2.1% this year. Last year, US electricity consumption fell by 3.8%. Meanwhile, the EIA forecast US electricity generation from natural gas to decline this year and in 2022. However, the EIA forecast the share of power generation from coal to rise from 20% to 22% in 2021.

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