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Andrzej M Kotas
Gas consumers in the USA will be watching US spot prices for natural gas with interest. These gas prices have been dropping month by month, with each of the last six monthly price movements being downwards.
As a result, the natural gas spot price (in US $ per million metric British Thermal Units) at the Henry Hub terminal in Louisiana has now fallen from $.5.97 in... read more
Greenfield steel industry projects are not viable, says Lakshmi Mittal.
Given the glut of steel production capacity around the world, ArcelorMittal will not be pursuing greenfield projects or significant merger-and-acquisition activity. The Luxembourg-based steelmaker, the world's largest, is instead focused on using its existing capacities most effectively,... read more