Week in Review: Global Steel Production, M&A Activity and the Dollar’s Strength
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner:
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- Global crude steel production jumped 4.4% year over year in September.
- A recent PwC report overviews M&A activity in the metals sector throughout the third quarter of 2018.
- The European Steel Association’s director general said European steel markets are stabilizing, but they also face challenges in the form of tariffs and other trade-related concerns.
- MetalMiner’s Stuart Burns touched on one watchmaker’s plans to make a limited run of watches using scrap from the iconic Spitfighter plane.
- It’s been a news-filled several weeks at Norsk Hydro’s Alunorte alumina refinery in Brazil.
- The International Copper Study Group released a report covering global copper production in July.
- China’s ambassador to the U.S. urged the two countries to appeal to their “better angels” in their ongoing trade war.
- General Motors released its third-quarter financial results earlier this week.
- The strength of the U.S. dollar this year has meant lower commodities prices.
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