Sustainability: Energy Transition

Though longer term market fundamentals remain good, global metal recycler Sims Limited says significant volatility makes the short-term outlook uncertain. “Aggressive interest rate rises to combat rapidly increasing inflation have reduced the demand for steel, copper and aluminium, and therefore the demand for recycled metal,” the Australia-based company said in commentary accompanying release of its […]

By CRU Chief Economist Jumana Saleheen and CRU Research Director Lavan Mahadeva, from CRU’s Global Economic Outlook Editor’s note: This article was originally published by the Financial Times on Feb. 19. The sharp rise in commodity prices from the depths of the COVID-19 lockdown is fueling talk of a commodities “supercycle” with the greening of the global economy replacing […] The post CRU: Too Early to Call a Commodity Supercycle appeared first on Steel Market Update.