Week in Review: ArcelorMittal Closures, Platinum Demand and a Call for a Section 232 Sunset

Lisa Reisman | Posted on November 22, 2019 |

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, including our coverage of: ArcelorMittal’s plant closure in South Africa, the oil price outlook, U.S. steel capacity utilization and steel prices, CAMMU’s call for a Section 232 sunset provision, and more.
Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!

Sohrab Darabshaw on ArcelorMittal’s announced plant closure in South Africa and temporary closure in Poland.
MetalMiner’s Stuart Burns took a look at oil prices, about which Goldman Sachs is bullish in the long term.
The U.S. steel sector’s capacity utilization rate is at 80.3% for the year through Nov. 16.
What’s going on in the nickel market since it soared above $18,000/mt earlier this year?
The Coalition of American Metal Manufacturers and Users called for a Section 232 sunset provision.
This week, MetalMiner welcomed Don Hauser to the MetalMiner commercial team.
As we enter the winter heating season in China, the spotlight is once again on governmental efforts to curb supply.
Darabshaw recapped the latest developments in India’s conflict with the U.S. at the WTO over steel subsidies.
With MetalMiner’s participation, Avetta recently hosted a webinar on the subject of the “skills gap” in U.S. manufacturing.
Strong investment demand has boosted platinum this year.