In this issue of the Commodity Markets Update, we examine the exogenous forces reasserting their will across commodity markets.
In their article on steel, Benjamin Durfee and Jay Foraker examine the main drivers supporting positive trends in the steel industry and outline the implications that President Trump’s tariffs will have on the domestic steel market. On the topic of tariffs, Ben Macaskill also discusses how the announcement of tariffs and sanctions in March and April has unsettled aluminum markets.
Also in this issue, John Harms looks at the new IMO 2020 regulation and its impact on the shipping industry. Refineries will have to choose how much to invest in desulfurization technology, and shipping companies will have to decide whether to install “scrubbing” equipment – both at great capital costs. In addition, Henry Goldman discusses how regional power and gas markets fared during this past winter’s cold front. Finally, we sit down with James Calaway, industry expert and the chairman of Global Geoscience, to discuss the growth in demand for lithium, what it will take to ramp up supply and how lithium is driving the electric vehicle revolution.
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