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...

Gold stocks weaker but outperform slump in other sectors

West Africa-focussed Robex and PDI to merge

Gold stocks outperform equity market gains

Most major producers rise but TSXV gold mixed

Platinum, palladium, copper gain on green China, supply constraints