Last month, the MetalMiner team hosted a webinar on commodities and buying strategies for bullish markets — this month, the team will zero in on the stainless steel market. In last month’s 30-minute session, the MetalMiner team covered metals broadly. Participants weighed in via poll questions, including about their most budget-busting metals, among other questions. […]
Year: 2021
Oil prices show caution in the face of growing Indian, Japanese infection rates
Cautious production increases by OPEC+ and a strong business cycle upturn have encouraged bullish sentiment about downward pressure on oil inventories and upward pressure on the oil price in the second half of the year, Reuters columnist John Kemp reports in a recent post. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, […]
Global crude steel production bounces back in March
Given the outbreak of the COVID-19 pandemic throughout the world in early 2020, it’s no surprise that year-over-year crude steel production levels have surged so far this year. In its monthly production analysis, the World Steel Association (worldsteel) reported global crude steel production jumped by 15.2% year over year in March. With volatile steel markets, […]
This Morning in Metals: Copper mine production rises 4% in January
This morning in metals news: global copper mine production rose by 4% year over year in January; meanwhile, ELYSIS selected Rio Tinto’s Alma smelter for the installation of commercial size 450 kA inert anode prototype cells; and, lastly, U.S. Steel will not go forward with plans to have natural gas wells on a site near […]
Week in Review: Aluminum smelter labor deal; copper prices; pandemic challenges for brewers
Before the weekend, let’s take a look at the week that was and the metals storylines here on MetalMiner, including an aluminum smelter labor deal, copper prices, environmental policy developments and more: Find more insight on MetalMiner’s LinkedIn. Week of April 19-23 (aluminum labor deal, copper prices and more) Stuart Burns on copper price movements […]
This Morning in Metals: ‘Clean Sheet Project’ targets production of recyclable automotive sheet metals
This morning in metals news: a $2 million project seeks to develop ways to more cost-effectively produce lightweight automotive sheet metals; meanwhile, U.S. Steel joined the global nonprofit ResponsibleSteel™; and the copper price has picked back up over the last week. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help […]
On Earth Day, a look at environmental targets and what needs to happen next
Today is Earth Day, whatever that means for you. For once, though, the politicians are not adding to greenhouse gas emissions by flying around the world first class or, worse, in private jets to talk shop. Rather, they are gathering virtually. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. […]
This Morning in Metals: Cleveland-Cliffs reports soaring Q1 steelmaking revenues
This morning in metals news: Cleveland-Cliffs reported Q1 steelmaking revenues of $3.9 billion; meanwhile, Novelis added ASI certification for seven more European aluminum manufacturing sites; and, lastly, Tata Steel is suing Liberty Steel over what it says are unpaid debts. With volatile steel markets, knowing which strategy to execute and when can make all the difference […]
UK environmental policy sees emissions target move up by 15 years
Unfortunately for all those who passionately support efforts by people like David Attenborough to force the world to confront climate change – regardless of where you stand on the issue on what is admittedly quite a wide platform – recent reports suggest we are now in the land of political signaling in environmental policy rather […]
Maintenance, high demand boost NLMK Group’s Q1 production and sales
Russian steelmaking group Novolipetsk Steel (NLMK) reported a 4.1% year-over-year rise in its Q1 crude steel production. The jump came partly due to completion of maintenance on its long products facility at the Lipetsk site. Stop obsessing about the actual forecasted steel price. It’s more important to spot the trend. See why. NLMK output rises […]