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Finance & Markets

Short-term outlook: Europe draws in additional LNG volumes

Low storage and a shut Strait of Hormuz are keeping gas markets on edge. Europe is pulling in extra cargoes ahead of winter, Asia stays hostage to Middle East risk, and the US market moves on fundamentals alone. TTF prices rose to €64.50 per MWh as European storage sits at 63% full, well below last ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Steel Hits 2-½-Month Highs

Steel rebar futures jumped above CNY 3,140 per ton, reaching their highest levels since mid-June as investors anticipated a recovery in demand due to seasonal factors ahead of the September peak…

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