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:
- Belinda Fuller touched on the U.S. dollar’s impact on precious metals prices.
- Sticking with currency issues, Stuart Burns delved into some upcoming decisions that could impact U.S.-E.U. relations.
- Global crude steel production jumped 5.4% in May on a year-over-year basis.
- Steel mills in China are battling rising iron ore prices.
- Global aluminum production hit 5.43 million tons in May.
- U.S. imports of steel are down 12% through the first five months of the year.
- MetalMiner’s new Trade Resource Center is live, available for perusal by navigating to the site’s Research tab or visiting trade.metalminer.com.
- Burns looked into the impact of a strike at Codelco’s Chuquicamata copper mine (labor unions at the mine later voted Thursday to accept the company’s latest contract offer).
- Burns on the decline of the U.K. automotive sector.