Macroeconomics

In the largest metals market in the world, a new year has dawned and many are asking what it holds for consumption and prices. The year of the water dragon is auspicious for a number of reasons. As the only mythical beast among the 12 animals in the Chinese zodiac, it is supposed to bring [...]

{ 0 comments }

TC Malhotra contributes to MetalMiner from New Delhi. In an attempt to reduce India’s dependence on imported copper concentrate, Hindustan Copper Limited (HCL) got the government’s nod to develop a 5 million metric ton per year underground copper mine at Malanjkhand Copper Project in the central Indian state of Madhya Pradesh. According to a report [...]

{ 0 comments }

Continued from Part One. Most economists and commentators surrounding the proceedings at Davos have been focused more on the risks of Greece or Portugal’s potential exit from the euro, or worse — a complete breakup of the peripheral states, leaving just a core of northern economies with Germany at the center. Lloyds Bank in the [...]

{ 1 comment }

The skiing may be great, but the surroundings seem largely lost on attendees at Davos in Switzerland, known to the frivolous of us as more of a top-class ski resort than a once-a-year talking shop for politicians, economists and owners of the largest hedge funds. The Federal Reserve rather stole the show this year when [...]

{ 2 comments }

President Obama’s administration, for one, would be happy with the approach of “doing the right thing” when it comes to giving Americans more jobs, as we outlined in Part One of this article, and if the president means what he says, companies like Element Electronics would have even greater incentives to move ahead with reshoring. [...]

{ 0 comments }

Reshoring should be nothing new to MetalMiner readers, as we’ve covered closely as it relates to US manufacturing. (Feel free to get a refresher on the pros and cons by clicking on the previous links.) For some, it may make more business sense to reshore labor-intensive castings, stampings, or other industrial metal parts or machinery, [...]

{ 0 comments }

The European debt crisis has rather overshadowed the usual preoccupation of metals analysts, commentators and investors – China – of late, so a couple of broadly related articles in Thomson Reuters makes interesting reading. It is clear metal prices will not escape the effects of the Euro debt crisis, which seems to lurch between relief [...]

{ 1 comment }

[youtube]http://www.youtube.com/watch?v=u_wTCZ0fm4Y[/youtube] Recently, MetalMiner had the chance to sit down with Jennifer Diggins, Director, Public Affairs for Nucor Corp., and Roger Ferch, President at the American Institute of Steel Construction and Executive Director of the National Steel Bridge Alliance, in order to get an update on the Buy America legislation and its effect on US manufacturers. [...]

{ 0 comments }