Week in Review: 2022 steel price negotiations to be tough; what’s driving aluminum prices; crude steel production down

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:
Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models.

Week of Sept. 27-Oct. 1

• Automakers see 2022 steel price contract negotiations looking brutal
• US steel imports dip in August; steel prices continue gains
• Aluminum prices are being driven high by constrained supply rather than rampant demand
• Russia’s 15% export duty hasn’t boosted flat-rolled prices as feared, traders say
• Nuclear to power Poland’s copper production
• Department of Commerce launches Section 232 neodymium magnets probe
• Global crude steel production down in August, China’s drops 5.3%
• Like steel, global aluminum production slides

More MetalMiner is available on LinkedIn.