Week in Review: Aluminum production up; automotive struggles; oil prices plunge

Fouad Egbaria | Posted on April 24, 2020 |

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 coverage of: a potential copper find in Cornwall; the automotive sector’s struggles; falling oil prices; rising aluminum production and much more.
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Stuart Burns on a potentially economically viable discovery at a mine site in Cornwall.
The automotive sector has been hit hard by the coronavirus outbreak.
The World Steel Association announced it would delay the release of its Short Range Outlook.
Burns took another look at the oil market as prices plummeted into “negative” territory.
Rio Tinto recently released its quarterly production report.
Like other sectors, India’s stainless steel sector is forecast to take a hit this year.
Global aluminum production ticked up 1.5% in March.
Burns weighed in on aluminum prices, which remain depressed amid elevated stock levels.
The United States International Trade Commission voted to continue ongoing anti-dumping and countervailing duty investigations regarding imports of common alloy aluminum sheet from 18 countries.