Whether we agree with the rationale or not, the carbon footprint of everyday materials like steel and aluminum is becoming an increasingly important component of consumers’ purchasing decisions. In the US, some states — like California — have mandated purchasing departments for state projects to report the carbon footprint or CO2 content of the products […]
Year: 2021
This Morning in Metals: Industrial energy-related CO2 emissions down by 8% in 2020
This morning in metals news: energy-related emissions from the US industrial sector fell by 8% in 2020; meanwhile, Chinese steel production remains strong despite production curbs in Tangshan; and, lastly, GlobalData forecast Chile’s copper production will rise by 3.7% this year. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. […]
Renewables/GOES MMI: Electricity consumption set to bounce back up in 2021
The Renewables Monthly Metals Index (MMI) dipped by 1.3% for this month’s reading, as the Energy Information Administration forecasts a jump in US electricity consumption this year. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help […]
Week in Review: US steel capacity utilization; European steel; copper market shift
Before we head into the weekend, let’s take a look back at the week that was and 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 in Review, April 5-9 (steel capacity utilization, […]
This Morning in Metals: Aluminum Association calls for changes to Section 232 exclusion process
This morning in metals news: the Aluminum Association this week called for reforms to the Section 232 exclusion process; meanwhile, Volvo Cars reported a record first quarter in sales; and, lastly, Chilean miner Codelco requested arbitration with Ecuador regarding the Llurimagua project. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to […]
Global Precious MMI: Gold price flat in March before early April bounceback
The Global Precious Monthly Metals Index (MMI) rose by 3.7%, as the gold price trended sideways in March. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Gold flat in March, picks up in April Late last year, MetalMiner’s Stuart Burns touched on the gold price’s prospects in 2021. Gold […]
Rising aluminum physical delivery premiums — feature of a tight market
In a recent webinar MetalMiner ran for key clients, we posed a question regarding the recent rise of aluminum physical delivery premiums: what was behind rises and would they last? Physical delivery premiums are a significant cost to consumers. It can be a cost that is hard to hedge except for large consumers with access […]
This Morning in Metals: Ford China reports 73.3% sales jump
This morning in metals news: Ford China announced its sales rose by 73.3% year over year; meanwhile, the Energy Information Administration (EIA) released its Short-Term Energy Outlook; and, lastly, Rio Tinto announced it had achieved battery-grade lithium at its Boron plant. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Ford […]
Rare Earths MMI: Greenland party opposed to rare earths mine project wins election
The Rare Earths Monthly Metals Index (MMI) fell by 1.9% for this month’s reading, as the Greenland elections this week could have significant ramifications for a rare earths project in the country. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying […]
Vedanta wants to set up new copper smelter, three years after Tamil Nadu shutdown
The Vedanta copper plant in India remains shut three years after local residents protested against pollution stemming from the plant’s operation. That, however, has not fazed the Vedanta Group. Get social with us. Follow MetalMiner on LinkedIn. Vedanta to set up new copper smelter Vedanta now plans to set up yet another plant in the […]