By the end of this month, Central Asia’s largest wind farm, located in Kazakhstan, will become fully operational. In the process, it will also stamp China’s authority of being a green energy powerhouse in the region. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for […]
Year: 2021
China suggests it could release state reserves of base metals
It would seem Beijing only has to speak and the market reacts — this time, it’s about base metals. Worried by what it sees as excessive inflation in commodity prices, which it fears will lead through into factory gate increases, China warned speculators last month over “excessive speculation.” The warning from China’s National Food and […]
This Morning in Metals: Volvo expands electric vehicle production in South Carolina
This morning in metals news: Volvo plans to expand its electric vehicle production in South Carolina; U.S. import prices increased by 1.1% in May; and, lastly, Ford Motor Co. says Q2 2021 EBIT will come in higher than its expectations. More MetalMiner is available on LinkedIn. Volvo to expand EV production in South Carolina Automaker […]
Boeing-Airbus dispute achieves removal of tariff threats, if not actual resolution
The Financial Times is among many news sources reporting on the announcement made this week in Brussels that the E.U. and U.S. will end 17 years of litigation over claims and counterclaims that both Boeing and Airbus have received unfair state support in one form or another. Both sides have won cases at the World […]
This Morning in Metals: US consumed record amount of renewable energy in 2020
This morning in metals news: the U.S. consumed a record amount of renewable energy in 2020; U.S. housing starts jumped in May; and the copper price has been on the decline since peaking last month. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each […]
We haven’t seen the end of this oil price rise
The perennially bullish Goldman Sachs is not alone in predicting a higher oil price. A recent report by the Boston Consulting Group asks the question, “are we on the cusp of a new supercycle?” In BCG’s opinion? We are. You want more MetalMiner on your terms. Sign up for weekly email updates here. Bullish on […]
German flats producer Salzgitter-Flachstahl warns of delays after lightning strike
German integrated flats producer Salzgitter-Flachstahl has warned its customers of potential delays to deliveries after a lightning strike at the plant impacted steelmaking and rolling operations, a company official told MetalMiner. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events […]
Renewables/GOES MMI: Cobalt price drops in Q2
The Renewables Monthly Metals Index (MMI) dipped by 0.8% for this month’s index reading. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) Cobalt price falls Earlier […]
This Morning in Metals: US, EU reach deal to end long-running Boeing-Airbus dispute
This morning in metals news: the U.S. and E.U. have reportedly reached a deal to end the long-running Airbus–Boeing dispute over state subsidies; meanwhile, U.S. steel capacity utilization touched 82.6% last week, the American Iron and Steel Institute reported; and, lastly, Cleveland-Cliffs announced increases to its second-quarter and full-year 2021 financial guidance. The MetalMiner Best […]
Stainless MMI: Stainless steel demand expected to keep increasing
The Stainless Monthly Metals Index (MMI) increased by 4.3% for this month’s reading, as stainless steel demand is likely to continue to grow in the years ahead. Do you know the five best practices of sourcing metals, including stainless steel? Increasing stainless steel production, demand According to International Stainless Steel Forum (ISSF) data, stainless steel […]