As the year draws to a close, let’s take a look back at the MetalMiner stories that proved to be most popular with readers this year, starting with carbon steel. As with metals as a whole, steel prices experienced a rocky 2020 after the onset of the coronavirus pandemic. This year, however, proved a different […]
Year: 2021
Thyssenkrupp continues to explore steel unit sale
Thyssenkrupp’s prospective plans to separate Thyssenkrupp Steel (TKS) into a standalone company indicate a plan to sell it, industry watchers said, though they questioned what kind of price the German conglomerate would ultimately receive. “Everybody knows that it has been an exceptional year,” one trader said about steel prices and demand. Are you under pressure […]
2021 proved a disruptive one for metals, mining supply chains
The pandemic certainly created a challenging environment for business in 2021. Lockdowns hampered operations. Metal scarcity and rising metal prices caused immense cost pressures, loss of profits and, in some cases, bankruptcies. One, although by no means the only issue, was disruption to global supply chains. Research into the causes and potential solutions will be […]
Week in Review: Steel prices decline; inflation’s impact on metals; US stainless steel output forecast to rise 16%
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 declining steel prices, a look at inflation’s impact on metals and much more: All the metals intelligence you need in one user-friendly platform with unlimited usage. Request a MetalMiner […]
This Morning in Metals: U.S. Steel releases Q4 guidance
This morning in metals news: U.S. Steel released its guidance for Q4 2021; U.S. job openings increased in 16 states in October; and, lastly, copper prices continue to trade sideways. Do you know the five best practices of sourcing metals, including steel? U.S. Steel releases Q4 guidance U.S. Steel said it expects its Q4 2021 […]
MetalMiner Spins Out as Alpha Commodities
GARY, Ind. – MetalMiner™, the leading metal market price intelligence brand and SaaS platform, providing forecasts, analysis and risk mitigation solutions for global manufacturers, has moved to newly incorporated Alpha Commodities, spinning out of parent company Azul Partners. Supply chain disruptions, lack of material availability, high prices and rampant inflation have wreaked havoc for manufacturers […]
This Morning in Metals: US import prices rise 0.7% in November
This morning in metals news: U.S. import prices gained in November; meanwhile, U.S. construction starts surged in November; and, lastly, the Energy Information Administration forecasts record monthly natural gas production in 2022. Better time your metal market purchases with the MetalMiner Insights platform. Request a demo. Import prices rise 0.7% According to the Bureau of […]
What impact could inflation expectations have on metal prices?
You cannot turn on the TV or read a news feed without hearing dire warnings of surging inflation. The U.S. Consumer Price Index rose 6.8% year on year in November, the fastest pace since 1982. Meanwhile, while Eurozone inflation climbed to a record 4.9%. More than three-quarters of countries analyzed by Pew Research had higher […]
This Morning in Metals: US steel capacity utilization up to 82.4%, steel prices cool
This morning in metals news: U.S. steel capacity utilization ticked up to 82.4% last week, as steel prices continue to cool; meanwhile, Nucor Corporation announced it is expanding its production footprint by acquiring majority ownership of California Steel Industries; and, lastly, U.S. stainless steel imports declined in October. Request a 30-minute demo of the MetalMiner […]
India to become net exporter of steel to China; US stainless steel output forecast to rise 16%
News reports indicate India is set to become a net exporter of steel to China but will be surpassed by Indonesia as the world’s second-largest stainless steel producer. A new report by a financial credit rating company has forecast that going by current trends, India would turn net exporter of steel to China in this […]
