Reducing carbon emissions seems to be on the top of everybody’s agenda at the moment. A recent post in The New York Times reports on proposals being discussed in the European Union to drive the region’s pivot away from fossil fuels over the next nine years. Receive the latest short-term and long-term outlook for the […]
Year: 2021
Week in Review: Chinese steel exports rise; USW, ATI reach deal; import prices rise
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: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Week of July 12-16 (Chinese steel […]
This Morning in Metals: Chinese steel exports surge in June
This morning in metals news: Chinese steel exports surged in June, according to General Administration of Customs data; meanwhile, the average cost for U.S. solar power construction continued to decline in 2019; and, lastly, Cleveland-Cliffs released its Sustainability Report 2020. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be […]
Despite emissions goals, China’s steel sector continues to chug along
China’s efforts to curb carbon emissions from the steel manufacturing process have slowed down its steel production. But only to a degree. However, a new report now shows that almost all the major steel mills in its steelmaking hub, Tangshan in Hebei province are back online. A report by industry portal mysteel.com, citing its field […]
This Morning in Metals: US import prices rise by 1.0% in June
This morning in metals news: import prices rose by 1.0% in June; Saudi Arabia and the United Arab Emirates have reportedly reached a deal to resolve their recent oil output spat; and, lastly, Norsk Hydro recently announced the restart of its aluminum extrusion plant in Sjunnen, Sweden. Receive the latest short-term and long-term outlook for […]
Renewables/GOES MMI: Cobalt prices bounce back in June, early July
The Renewables Monthly Metals Index (MMI) dropped by 0.8% for this month’s reading. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Cobalt price bounces back Last month, we noted a plunge in […]
Global Precious MMI: Gold prices drop in June, bounce back after Fed chairman’s testimony
The Global Precious Monthly Metals Index (MMI) fell by 5.2% for this month’s reading, as gold prices dipped throughout June. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Gold price slides in June The gold price lost steam in June. […]
This Morning in Metals: ArcelorMittal aims to make Sestao zero-carbon-emissions steel plant
This morning in metals news: ArcelorMittal said it plans to make its Sestao plant zero carbon emissions; meanwhile, the Producer Price Index for final demand increased by 1.0% in June; and, lastly, U.S. steel prices continue to rise. You want more MetalMiner on your terms. Sign up for weekly email updates here. ArcelorMittal announces aim […]
Questions arise over how much further China’s steel price rally can last
Shanghai steel futures extended gains to hit an eight-week high on Monday, according to a post on Nasdaq.com. Futures made further gains overnight, according to MetalMiner’s Insights platform. Rebar and hot rolled coil both hit peaks last seen on May 19, when the market last spiked only to crash after dire warnings from Beijing about […]
Raw Steels MMI: Steel prices remain elevated in tight market
The Raw Steels Monthly Metals Index (MMI) rose by 6.6%, as U.S. steel prices continued their rally. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Production, capability utilization rise According to the World Steel Association, global crude steel production […]