Week in Review: Steel Prices, Greenland’s Resources and U.S.-India Trade
Before we head into the weekend, let’s take a look at the week that was and some of the storylines on MetalMiner, which this week touched on steel prices, the potential opening up of Greenland’s resources and U.S.-India trade talks.
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- U.S. housing starts picked up in August.
- Falling steel prices are weighing on the financial outlooks of U.S. steel companies.
- MetalMiner’s Stuart Burns on Rusal’s prescient efforts to reduce its carbon emissions and the positive effect such efforts can have on a company’s brand.
- Global copper production was down through the first eight months of the year.
- The U.S. steel sector’s capacity utilization rate ticked down to 80.6%.
- Burns on Greenland’s melting ice sheet and what that means for the potential exploitation of the country’s vast mineral resources.
- MetalMiner’s Belinda Fuller took a look at the price spread between U.S. and Chinese steel.
- Despite questions about the effort’s feasibility, Indian Prime Minister Narendra Modi has raised the country’s renewable energy target.
- While the U.S.’s ongoing trade discussions with India do not get as much attention as its talks with China, the two countries are locked in a similar discussion over trade surpluses, tariffs and market access.
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