Week in Review: New Hydro CEO, U.S. Mining in 2018 and Steel Production

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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:

New Norsk Hydro CEO Hilde Merete Aasheim. Source: Norsk Hydro ASA

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  • U.S. mines had a productive 2018.
  • Automaker Toyota announced it would be increasing its $10 billion U.S. investment pledge, bringing it up to $13 billion.
  • Norwegian aluminum maker Norsk Hydro announced the resignation of its CEO of 10 years.
  • As growth levels slow in many places around the world, some are hoping China can help pick up the global economic outlook.
  • MetalMiner’s Belinda Fuller penned a two-part series this week on steel prices — check out Part 1 and Part 2.
  • U.S. steel capacity utilization continues to sit north of the 80% mark.
  • MetalMiner’s Stuart Burns took a look at the state of the oil price as OPEC members (and other oil-producing nations) strive to realize previously announced production curb targets.

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