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EU pushes barely available green steel as auto emissions fix
Low-carbon steel part of 2035 EU automotive targetsGreen steel projects face delays due to costly green hydrogenAuto industry criticises EU plan for reliance on external developmentsBy Marie Mannes, Greta Rosen Fondahn and Nick Carey STOCKHOLM/LONDON, March 3 (Reuters) - Buying expensive steel ma...Reuters
Tue, Mar 3
No radioactive leakage recorded at Iran's nuclear site hit in US-Israeli strikes, Iranian media reports
CAIRO, March 3 (Reuters) - No radioactive leakage has been recorded at the Natanz nuclear facility after U.S. and Israeli strikes, Iranian media reported on Tuesday.Iran's ambassador to the U.N. nuclear watchdog said on Monday that the facility had been struck during military operations by the U...Reuters
Tue, Mar 3
Qatar curtailment exacerbates Iran war aluminium fears
QatarEnergy says has halted production of aluminiumLME aluminium prices jump 3.8% to one-month highNorsk Hydro says implications for Qatalum smelter unclear OSLO/LONDON, March 3 (Reuters) - The impact of the U.S.-Israeli attacks on Iran on the aluminium sector deepened on Tuesday after QatarEnerg...Reuters
Tue, Mar 3
NextEra expects to add up to 30 gigawatts of power for data centers by 2035
March 3 (Reuters) - NextEra Energy NEE.N, the largest U.S. electricity company, expects to build between 15 and 30 gigawatts of new generation capacity for U.S. data centers in the next nine years, it said in a presentation on Tuesday.Access to power has been the biggest impediment to Big Tech's...Reuters
Tue, Mar 3
Shipping rates at Yanbu, Saudi Arabia double as Aramco seeks to divert oil from Hormuz to Red Sea, sources say
HOUSTON, March 3 (Reuters) - Shipping rates at Yanbu on Saudi Arabia's western Red Sea coast more than doubled to $28 million per oil tanker as Aramco seeks to divert oil from the Strait of Hormuz to the Red Sea, traders and brokers said on Tuesday. Some oil tanker fixtures to Yanbu are still fa...Reuters
Tue, Mar 3
US natural gas futures leap 6% as Middle East conflict disrupts global supplies
US natural gas futures rise amid Middle East conflictWaha Hub prices remain negative due to pipeline constraintsUS LNG exports decline slightly from February recordBy Scott DiSavino NEW YORK, March 3 (Reuters) - U.S. natural gas futures jumped about 6% to a two-week high on Tuesday on soaring oil...Reuters
Tue, Mar 3
Citgo Corpus Christi, Texas Refinery East Plant Reports Planned Maintenance
March 3 (Reuters) - CITGO PDVSAC.UL:REPORTS PLANNED MAINTENANCE ACTIVITIES WILL BE OCCURRING FOR AN EXTENDED PERIOD OF TIME WITH SOME PERIODIC FLARING AT ITS CORPUS CHRISTI, TEXAS REFINERY EAST PLANTSOURCE: COMMUNITY ALERTREFINERY CAPACITY: 165,000 BARRELS PER DAYReuters
Tue, Mar 3
PRECIOUS-Gold retreats on strong dollar, delayed rate-cut expectations
Iran war enters fourth dayUS dollar hits over one-month high Platinum down over 12% By Ashitha Shivaprasad March 3 (Reuters) - Gold prices drifted lower on Tuesday, weighed down by a stronger dollar and fading prospects of an interest rate cut as inflation concerns intensified against the backdro...Reuters
Tue, Mar 3
London marine insurers widen high-risk zone in Mideast Gulf as conflict escalates
LONDON, March 3 (Reuters) - London's marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday.Guidance from the Joint War Committee, which comprises syndicate members from the Lloyd'...Reuters
Tue, Mar 3
ROI-Risks to Western aluminium supply rise as Iran war escalates: Andy Home
By Andy Home LONDON, March 3 (Reuters) - It is not just oil and gas that flow through the Strait of Hormuz, the Gulf's key shipping choke point now threatened by the war with Iran.The region is also a significant producer of aluminium, accounting for over 8% of global output last year, accord...Reuters
Tue, Mar 3
Russia halts construction work at Bushehr nuclear plant due to strikes on Iran
MOSCOW, March 3 (Reuters) - Russia's state nuclear corporation, Rosatom, has halted construction work at new units of Iran's nuclear power plant in the port city of Bushehr because of the U.S.-Israeli air assault on Iran, its chief Alexei Likhachev said on Tuesday.Likhachev had earlier warne...Reuters
Tue, Mar 3
CBOT Trends-Soy up 10-12 cents, corn up 4-6 cents, wheat up 3-5 cents
CHICAGO, March 3 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Tuesday: WHEAT - Up 3 to 5 cents per bushelCBOT wheat rebounded after ending lower on Monday in a setback from a July ...Reuters
Tue, Mar 3
SHORT TAKE-US CFTC ships prediction markets rule proposal to Trump budget office
By Chris PrenticeNEW YORK, March 3 (Reuters) - The U.S. Commodity Futures Trading Commission has sent a rulemaking plan for prediction markets to the President's Office of Management and Budget, kicking off the process to write new rules for the controversial, but fast-growing markets.WHY IT’S I...Reuters
Tue, Mar 3
London marine insurers widen high risk zone in Mideast Gulf as conflict in region escalates
LONDON, March 3 (Reuters) - London's marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday.Guidance from the Joint War Committee (JWC), which comprises syndicate members from the Llo...Reuters
Tue, Mar 3
Iraq will have to cut its oil production by over 3 million bpd within days if oil tankers cannot move through Strait of Hormuz, two Iraqi officials tell Reuters
DUBAI, March 3 (Reuters) - Iraq will be forced to cut its oil production by more than 3 million barrels per day in a few days if oil tankers cannot move freely through the Strait of Hormuz and reach its loading ports, two Iraqi oil officials told Reuters on Tuesday.Iraq has as of Tuesday decreased p...Reuters
Tue, Mar 3
US struggling to de-risk Congo's 'war zone minerals' even after pact, sources say
Challenges persist over politics, permits, sources sayUS pressured to act on M23 for deals to progress, US diplomat saysChinese firms face lighter compliance burden, analysts sayBy Maxwell Akalaare Adombila and Ange Kasongo DAKAR/KINSHASA, March 2 (Reuters) - The U.S. has made progress in its pus...Reuters
Tue, Mar 3
Greek shipping minister warns of alarming situation in Strait of Hormuz
By Renee Maltezou ATHENS, March 3 (Reuters) - Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an "alarming" situation that has left dozens of ships stranded in the Strait of Hormuz and the wider area due to the widening Iran confl...Reuters
Tue, Mar 3
Fincantieri Receives From Viking Orders For Over EUR 2 Bln For Two Expedition Cruise Ships
March 3 (Reuters) - Fincantieri SpA FCT.MI:RECEIVES ORDERS FROM VIKING FOR TWO EXPEDITION CRUISE SHIPSDELIVERIES EXPECTED RESPECTIVELY IN 2030 AND 2031TWO ADDITIONAL OCEAN SHIP OPTIONS BOTH SCHEDULED FOR DELIVERY IN 2034NEW UNITS TO BE DELIVERED FROM FINCANTIERI’S PALERMO SHIPYARDCONTRACT CONSIDERED...Reuters
Tue, Mar 3
Russia's Rosatom halts operations at Bushehr nuclear plant in Iran, Ifax reports
MOSCOW, March 3 (Reuters) - Russian state nuclear corporation Rosatom has halted operations at the nuclear power plant in the Iranian city of Bushehr, its head said on Tuesday, the Interfax news agency reported.Alexei Likhachev said there were more than 600 personnel at the Bushehr plant and that th...Reuters
Tue, Mar 3
