Thyssenkrupp introduces carbon surcharges, other mills to follow

German steelmaker Thyssenkrupp has introduced carbon surcharges for steel products following anticipated changes in pricing methods in the European industry, market sources told Fastmarkets on Wednesday September 29.

Thyssenkrupp's carbon surcharge for hot-rolled coil is ?,?22.78 ($26.62) per tonne, two German traders said.
The company has also notified its customers that the current cost of emissions is about ?,?95-100 per tonne. The surcharge was calculated based on the fact that the steelmaker buys around 20% of its emission allowances.

Other sources said the surcharge was not...

Bullish bankers and bearish institutions split on gold forecasts

Gold stocks down on flat metal price and mixed equities

Snowline Gold reports Initial Resource Estimate

Inflation subsiding and rate cuts starting internationally

Inflation rebound continues to reverse