Week in Review: Palladium Power, Lynas’ Appeal and ArcelorMittal’s Essar Plan

by on

Piotr Pawinski/Adobe Stock

Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner:

Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook

  • The palladium price continues to soar, MetalMiner’s Taras Berezowsky explained in this month’s Global Precious MMI.
  • Rare earths miner Lynas Corp. is appealing a condition put forth by the Malaysian government related to the miner’s license renewal.
  • Stainless steel surcharges and LME nickel prices made gains this past month.
  • The copper price also trended upward last month, but it could be entering a sideways trend.
  • MetalMiner’s Stuart Burns writes about recession concerns in the U.S. and elsewhere, and signs pointing in that direction.
  • Several billionaires are backing a new startup that aims to find new sources of cobalt, using “statistical modeling, big data aggregation, and basic science” to improve methods of exploration.
  • ArcelorMittal’s resolution plan for the bankrupt Essar Steel Ltd. received approval from an Indian tribunal — but an additional challenge awaits, MetalMiner’s Sohrab Darabshaw explained.

MetalMiner’s Annual Outlook provides 2019 buying strategies for carbon steel

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.