Argus

Bonn climate talks deliver mixed results An energy crisis in the Mideast Gulf has not narrowed any of the key climate policy divisions, writes Georgia Gratton London, 19 June (Argus) …

Methanol-to-jet nears ASTM approval in SAF supply boost London, 19 June (Argus) — Methanol-to-jet (MTJ) fuel is nearing full approval for use in commercial aircraft, potentially opening a major new …

Pakistan DAP stocks rebound during off-season London, 19 June (Argus) — Pakistan's DAP inventories recovered slightly over May despite a second consecutive month without imports as demand slowed. Demand totalled …

Japan's Cosmo Energy mulls LNG-fired power plant Osaka, 19 June (Argus) — Japanese energy firm Cosmo Energy is considering building a gas-fired power plant, given that domestic electricity demand is …

EMR asks NJ court to lift Camden suspension Pittsburgh, 16 June (Argus) — Multinational scrap recycler European Metal Recycling (EMR) has sued the City of Camden in New Jersey seeking …

EU steelmakers urge emissions trading system reform London, 17 June (Argus) — Three major EU steelmakers have called for urgent reform of the EU emissions trading system (ETS), warning that …

Sims raises earnings outlook on NF scrap gains Pittsburgh, 17 June (Argus) — Global metals recycler Sims expects higher second-half earnings in its North American business, supported by stronger non-ferrous …

SDI moving aluminum plant near Miss. mill Houston, 17 June (Argus) — Steel and aluminum producer Steel Dynamics (SDI) intends to relocate its planned recycled aluminum slab plant to Columbus, …

UK 'strongly minded' to nationalise British Steel London, 18 June (Argus) — The UK government has indicated that it is inclined to nationalise British Steel as the Steel Industry (Nationalisation) …

Radius settles with Calif. over scrap fires Pittsburgh, 18 June (Argus) — Metal recycler Radius Recycling has reached a settlement with California environmental regulators over multiple fires at the company's …

More BHP iron ore port workers to strike in Australia Sydney, 19 June (Argus) — Over 100 workers at Australian mining firm BHP's Port Hedland iron ore operations will vote …

Australia's Core Lithium to buy Bynoe project Sydney, 19 June (Argus) — Australian producer Core Lithium will buy 100pc of the Bynoe lithium project, located in the Northern Territory, from …

JetZero breaks ground at first Z4 plant Houston, 18 June (Argus) — California-based aerospace start-up, JetZero, this week broke ground at its recently selected $4.7bn plant location in Greensboro, North …

South Korea eyes single state-owned power utility London, 18 June (Argus) — South Korea's five state-owned utilities are expected to be merged into a single utility — a move that …

Mongolia coal output surges 54pc on year in Jan-May London, 18 June (Argus) — Coal production in Mongolia jumped by 54.1pc on the year to 46.45mn t during the first …

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China LPG import demand splits as PDH runs grow PDH operating rates have rebounded while ample domestic LPG supply from refineries has dampened import demand from China's other sectors Shanghai, …

German LPG demand recovers in 2025 as prices fall The heating sector drove the recovery in consumption with help from a post-pandemic motorhome boom, writes Waldemar Jaszczyk London, 16 June …

Opec revises 2050 oil demand forecast higher London, 18 June (Argus) — Opec has raised its long-term oil demand forecast and put greater emphasis on what it sees as a …

Regelungslücke drückt deutsche B100 Preise Hamburg, 16 June (Argus) — B100-Marinebiodiesel wurde in diesem Jahr an deutschen Häfen zu ungewöhnlich niedrigen Preisen gehandelt. Marktteilnehmer führen dies vor allem darauf zurück, …

US, Iran confirm signing of peace deal Singapore, 18 June (Argus) — The presidents of the US and Iran have electronically signed the memorandum of understanding (MoU) to end the …

Brazil's central bank cuts target rate to 14.25pc Sao Paulo, 17 June (Argus) — Brazil's central bank lowered its target rate by a quarter point to 14.25pc today in its …

Iranian oil likely to return to mainstream fleet New York, 17 June (Argus) — The non-sanctioned crude tanker market could see a surge in demand if the pending peace deal …

Brazil's Cibra sells blending unit in Parana state Sao Paulo, 17 June (Argus) — Brazilian fertilizer firm Cibra will sell its blending unit in southern Parana state to Brazilian fertilizer …

US Fed holds rate steady, signals hike this year Houston, 17 June (Argus) — US Federal Reserve policymakers held the target interest rate unchanged Wednesday, citing "elevated uncertainty" partly due …

GCC steel trade sees slow recovery London, 17 June (Argus) — Steel market participants in the Middle East do not expect prices to normalise immediately, or for raw material inflows …

EU FeSi trends lower as safeguard quotas left unfilled London, 17 June (Argus) — European ferro-silicon prices have trended down since the EU's safeguard quotas renewed in May, as plentiful …

Airbus to adapt airplanes to 100pc SAF by 2030 Sao Paulo, 15 June (Argus) — Airbus is using 100pc sustainable aviation fuel (SAF) on test airplanes in Brazil and it …

French E85 gasoline demand at record high in April Barcelona, 16 June (Argus) — Demand for E85 gasoline in France rose to a record high in April, as customers switched …

Asia, Europe drive Brazil's ethanol demand: Panel Sao Paulo, 16 June (Argus) — Asian and European markets have been driving increasing demand for Brazilian ethanol, including for new market opportunities …

Kazakhstan steps up coal industry developments London, 16 June (Argus) — Kazakhstan has announced numerous initiatives to develop its rapidly growing coal sector over the past few days, including timelines …

Brazilian ethanol flows start slow under EU-Mercosur London, 17 June (Argus) — Ethanol exports from Brazil to the EU under the interim Trade Agreement (iTA) with the Mercosur trade bloc, …

Australia's Hancock to cut Roy Hill iron ore production Sydney, 17 June (Argus) — Australian producer Hancock plans to cut back production at its Roy Hill iron ore mine in …

S Korea's Hanwha to build FLNG project in Canada Singapore, 17 June (Argus) — South Korean shipbuilder Hanwha Ocean has signed a Memorandum of Understanding (MoU) with developer Kanata Clean …

UK's proposed plan to dilute EV targets ‘short-termist' London, 16 June (Argus) — A proposed UK plan to ease battery electric vehicle (BEV) sales targets is a win for "short-termist …

IEA cuts 2026 demand forecast, sees huge 2027 surplus London, 17 June (Argus) — The IEA has again cut its forecast for demand in 2026, saying deep cuts to consumption …

Workers to end strikes at Australia's Ichthys LNG Sydney, 17 June (Argus) — Workers at the 9.3mn t/yr Ichthys LNG project based in Australia's Northern Territory have agreed on a …

Tupras wins OMV Galati bitumen tender London, 12 June (Argus) — Turkish refiner Tupras has been awarded a tender by Austria's OMV to supply one 5,000t cargo of bitumen per …

Refinery issues lift French bitumen prices to 4-yr high London, 12 June (Argus) — Domestic bitumen truck prices in France are at their highest levels since 2022, as refinery outages …

Bilateral UN carbon market under scrutiny Berlin, 15 June (Argus) — Bilateral carbon trading under the Paris agreement has come under scrutiny for insufficient environmental integrity at the Bonn climate …

France crop tour: recovery in Сentre-north-west Paris, 15 June (Argus) — The wheat yield outlook for the 2026-27 marketing year (July–June) is showing signs of improvement in central-northwest France, with …

Algeria seeks milling wheat for loading in August London, 15 June (Argus) — Algerian state grains buyer OAIC is looking to buy 50,000t of milling wheat for loading in August, …

Brazil corn: Export market mulls Sao Paulo, 15 June (Argus) — Brazil's export market continues to receive few price indications, as demand remains scarce and uncertainty weighs further on negotiations. …

Phosphates market cautious over Hormuz deal London, 15 June (Argus) — There has been no notable change in the transit of phosphate shipments in and out of the strait of …

SE Asia needs to reassess energy policy: Clarification The energy import bill estimate has been changed to $160bn in paragraph 4, based on a revision to the IEA report. Singapore, …

Japan's Nippon Light Metal, Kobe Steel merge Al units Tokyo, 16 June (Argus) — Japan's Nippon Light Metal and Kobe Steel will integrate their domestic aluminium extrusion businesses, the companies …

SE Asia needs policy rethink for energy security: IEA Singapore, 16 June (Argus) — Energy shipment disruptions arising from the US-Iran war have exposed southeast Asia's structural vulnerabilities and prompted …

Australia's NSW commits $71mn to battery projects Sydney, 16 June (Argus) — Australia's New South Wales (NSW) government will invest A$100mn ($71mn) in large-scale battery storage under the Energy Security …

US Steel invests $2.5bn for Mon Valley upgrade Houston, 10 June (Argus) — US Steel plans to invest up to $2.5bn in upgrades for its Mon Valley Works manufacturing facilities …