Panjiva Daily: Prospects for Biden’s steel deal; Total goes greener

Global 1250 Panjiva Daily 611

A deal between the Biden administration and EU on steel tariffs will hinge on whether capacity utilization will rise enough to keep unions happy. Total has made a major investment in India solar power where supply chains are increasingly domestic. Also: ADM leads Brazil’s soybean off-peak slump as Chinese imports slip; containers, not consumption may be the challenge for cocoa; consumer demand returns global trade to growth in November; U.S. automakers fishing for chip help from Biden; Yellen pulls no punches on China; EU sharpens trade enforcement teeth; and ZIM rides the rate and volum...

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