Asian HRC tumbles to near 25-week low on order drought
The dearth of overseas orders pushed Chinese sellers to further trim selling prices of hot rolled coil April 19, market participants said.
Analysis: Carajas iron ore trade amplifies 65% Fe gap with IODEX
Demand for Carajas iron ore fines at a time of weaker overall iron ore import appetite continues to increase the spread between the Platts 65% Fe index and the benchmark 62% Fe IODEX reference in China.
Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2017
(Thu, 20 Apr 2017) This paper presents average values of levelized costs for generating technologies entering service in 2019, 2022, and 2040 as represented in the National Energy Modeling System (NEMS) for the Annual Energy Outlook 2017 (AEO2017) Reference case.
Natural gas generators make up the largest share of overall U.S. generation capacity
(Thu, 20 Apr 2017) In 2016, natural gas-fired generators accounted for 42% of the operating electricity generating capacity in the United States. Natural gas provided 34% of total electricity generation in 2016, surpassing coal to become the leading generation source.
Angolan budgetary pressures rise on low oil prices
Angola faces a dilemma. If OPEC and non-OPEC producer cuts fail to deliver on price, the country faces not just a low-price environment but a curb on output.
The API gravity of crude oil produced in the U.S. varies widely across states
(Wed, 19 Apr 2017) API gravity is one of the key characteristics of crude oil that, along with other characteristics such as sulfur content, is used by refiners when evaluating different crude streams for processing into petroleum products. In 2016, the majority (51%) of the 8.4 million barrels per day (b/d) of crude oil produced in the Lower 48 states was light oil, or less dense oil with an API gravity of 40.1 or above.
Distributed Generation System Characteristics and Costs in the Buildings Sector
(Wed, 19 Apr 2017) This study commissioned by the U.S. Energy Information Administration finds that characteristics and costs of distributed generation are influenced by government policies, size, and application of the different technologies. Distributed solar photovoltaics (PV) and small wind are experiencing significant cost decreases through technological progress and economies of scale.
Container Index Revolution: Should it be embraced by carriers?
There are clear signs that the container industry is slowly creaking towards using price indexes in contracts, but some of the most important players still hesitate to give it a shot.
Making American steel great again — Trump, tweets and trade
Since the fall of 2016, when steel emerged as a key topic in the US presidential debates and longtime industry issues became the stuff of living room and social media conversations across the country, the steel industry in the US has felt emboldened.
EIA expects natural gas to be largest source of U.S. electricity generation this summer
(Tue, 18 Apr 2017) EIAâs April 2017 <i>Short-Term Energy Outlook</i> (STEO) expects that electricity generation fueled by natural gas during the summer months of June, July, and August will be lower than last summer, but it will continue to exceed that of any other fuel, including coal-fired generation, for the third summer in a row.