Tag: basic materials

Frackers Jockey With Potash 
		
			 
		
	Miners in Top Oil Field

Frackers Jockey With Potash Miners in Top Oil Field

Frackers in America’s busiest oil field are butting heads with miners working to boost production of a vital crop nutrient in short supply following Russia’s invasion of Ukraine. Relentless drilling in the Delaware basin has pushed New Mexico’s oil production up faster than in any other state over the past 10 years. But the Delaware, […]

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Steel Companies' Profits Hurt by Falling Prices

Steel Companies' Profits Hurt by Falling Prices

Steel prices in the U.S. have fallen to the lowest level in two years, shrinking steel companies’ profits but giving manufacturers hope for lower material costs. The weakening demand that started during the summer worsened during fall, pulling down the benchmark spot-market price for coiled sheet steel by more than 20% from the start of […]

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