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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.

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thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

Green Car Congress

German steel companies thyssenkrupp Steel and HKM and the Port of Rotterdam will jointly investigate setting up international supply chains for hydrogen. Vast imports of hydrogen will be necessary if Europe and Germany want to reduce CO 2 emissions and become climate-neutral by 2050, while maintaining its strong industrial backbone.

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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

Green Car Congress

The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. The price acts as a self-correcting mechanism.

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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

Green Car Congress

Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus. Argus assessed the range for 99.5-99.9%

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.

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How NI plans to innovate in the EV test and measurement industry and unlock the power of data

Charged EVs

NI’s CEO reports an industry-wide recognition that test data is an underutilized asset and many systems need to be rebuilt to take better advantage of very rich data sets. Q&A with NI CEO Eric Starkloff (Full interview) The sense of urgency in the auto industry is palpable as it undergoes the transition to EVs.