Before we head into the weekend, let’s take a look at the week that was and some of the storylines dominating the world of metals here on MetalMiner:
Need buying strategies for steel? Try two free months of MetalMiner’s Outlook
- MetalMiner’s Taras Berezowsky took a look at the gold price, the palladium-platinum spread and more.
- Meanwhile, imports of grain-oriented electrical steel (GOES) picked back up in May, MetalMiner Executive Editor Lisa Reisman writes.
- Stainless steel surcharges and LME nickel prices also rose in May.
- Both U.S. and Chinese steel prices increased last month.
- In light of the U.S.’s decision to impose its Section 232 steel and aluminum tariffs on the European Union, European Steel Association President Geert Van Poelvoorde condemned the steel tariff.
- In case you missed it, we released our Monthly Metals Index (MMI) report, covering 10 metal subindexes.
- Copper and zinc prices have surged upward so far this month, writes MetalMiner’s Irene Martinez Canorea.
- U.S. steel imports through the first five months of this year are down 2.5% compared with January-May 2017, according to a recent American Iron and Steel Institute (AISI) report.