This week, ferrous metals fluctuated at highs, with raw material ore and coking products outperforming steel. Against the backdrop of the escalating conflict in the Middle East, ore and coking products held up well, supported by higher shipping costs and transmission from coal and coke as energy substitutes. In the second half of the week, supply and demand data for hot-rolled coil and rebar were released. The increase in rebar inventory slowed markedly; however, hot-rolled coil demand was lower than the same period last year, and the pace of post-holiday recovery was relatively slow, leaving steel as a whole with limited upward momentum, while futures retreated after rapid rise. In the spot market, trading in the Chinese market was average this week.....

On May 7, CATL launched the TENER Stack at the EES Europe in Munich, marking the unveiling of the world's first mass-producible 9MWh ultra-large-capacity energy storage system solution.

Aluminum plays a pivotal role in numerous industries, making its price fluctuations a subject of significant interest. Understanding the dynamics of the aluminum market is essential for businesses and investors alike. This article explores the key factors influencing aluminum prices, historical trends, and the impact of economic policies.

FlexGen, an energy storage system integrator, has partnered with IPP Arclight and its subsidiary Infinigen Renewables to deploy a 15MW BESS project in Puerto Rico. On April 18, the two companies announced the project, which will pair 32 megawatts of solar energy with a 15 megawatt battery energy storage system BESS. It will be deployed in Yabucoa, Puerto Rico, an unincorporated overseas territory of the United States in the Caribbean, in conjunction with the YFN Yabucoa Solar Project.

Iron ore prices extended the declines.

Iron ore market swung on a bearish note last week.