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South Korea's hot metal production will decline by 4.2 Mt or almost 10% in 2020. There is of course a risk that production decline would be greater, if containment of the virus is unsuccessful.
Steel prices have been soaring as the global economy recovers from the impact of the pandemic, hitting record highs in the US this week. Meanwhile polysilicon prices have also been surging higher, given extra impetus last week by the Biden administration’s order restricting solar imports that include silicon metal from a key supplier to the Chinese market.
Demand for the rare platinum group metal, used as a catalyst, is set to soar as the hydrogen industry develops.
Will commodity price and global demand remain subdued, and will carbon-constraint policies restrict outputs?
The greatest depth and breadth of lithium market analysis available today
Interested in the most recent metals and mining coverage? Explore our expert insight and latest thinking into the commodities market at Wood Mackenzie.
Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
A five-year delay to the energy transition could see the global average temperature rise to 3°C above pre-industrial levels.
Attain market clarity with industry-leading steel research and analysis in this fast-changing environment
Unmatched analysis of the entire cathode and precursor materials supply chain to help you make smarter, more informed decisions.
In-depth gold market analysis that helps you benchmark against competitors, evaluate opportunities, and position yourself for growth.
Industry-leading research and analysis that gives you the complete picture across the entire lead supply chain.
Unmatched analysis of the entire rare earths supply chain to help you make smarter, more informed decisions
Gain clarity of the ferrous alloy industry with our in-depth market research on bulk steel alloys.
Find clarity in the nickel industry with leading insights on supply-demand dynamics, project developments, costs of production, and future capacity requirements.
Comprehensive cobalt market analysis covering the entire cobalt supply chain and major cobalt markets across the globe
We use Lens Metals & Mining to explore the synergies of QB2 and Collahuasi
Leading graphite market analysis covering the entire graphite supply chain and major graphite markets across the world
Dive into the high-stakes world of energy policy and its role in the US-China AI race, featuring insights from top experts at the ACORE Finance Forum in New York
Attend the Wood Mackenzie LME Forum in London to discuss challenges and opportunities for mined commodities, including lithium, nickel, copper, aluminium, EV & Batteries and Zinc.
Our Mining and metals Consulting Team is dedicated to serving clients across every segment of the mined materials value chains - from exploration and product transformation to end use consumption.
At our recent Future Facing Commodities event, we explored how a looming supply glut can be addressed.
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