The World Steel Association released its 2017 annual crude steel report on Wednesday, which showed steel output increases in almost every part of the world last year.Need buying strategies for steel? Try two free months of MetalMiner’s OutlookAccording to the report, the 1,691.2 million tons (MT) produced last year marked a 5.3% increase from the […]
Fouad Egbaria
This Morning in Metals: Rising Metals Costs Cutting into Profits, Ford Expected to Say
This morning in metals news, Ford Motor Co. is expected to say rising metals costs are cutting into its profits, Japanese crude steel output is down and South Korea’s largest steelmaker is reaping the benefits of high steel prices. Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Rising Metals Prices […]
This Morning in Metals: Trump Hits Solar Panels, Washing Machines with Tariffs
This morning in metals news, President Trump slaps import tariffs on solar panels and washing machines, year-to-date domestic raw steel production is down 3.2%, and copper prices continue to rise. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Trump Adds Solar Panels, Washing Machines to Tariff Mix According to the Washington […]
Section 232 Aluminum Report Moves on to President Trump
While it might not draw the same attention as its steel counterpart, the Trump administration’s Section 232 investigation of aluminum imports is just as important to the U.S. aluminum industry.Buying Aluminum in 2018? Download MetalMiner’s free annual price outlookSection 232 of the Trade Expansion Act of 1962 affords the president broad powers in determining whether […]
Copper Had a Big 2017, but What Does 2018 Hold?
The 2017 calendar year saw copper heat up in a big way. According to MetalMiner IndX data, LME primary cash copper was $5,512/metric ton on Jan. 1, 2017. It closed the year at $7,215/mt, good for a meteoric rise of 30.9%. Need buying strategies for copper in 2018? MetalMiner’s Annual Outlook has what you need […]
This Morning in Metals: Kobe Steel Hopes New Personnel Can Help Restore Image
This morning in metals news, Kobe Steel‘s personnel shake-up constitutes one attempt to put distance between the company and its quality data falsification scandal, the chairman of the Japan Iron and Steel Federation said China’s steel output is under control despite record production in 2017 and the fate of the 24-year-old North American Free Trade […]
Week in Review: Rio Tinto’s Dunkerque Smelter, Nickel and NALCO
Before we head into the weekend, let’s take a look back at the week that was here on MetalMiner: Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Rio Tinto’s massive Dunkerque aluminum smelter is possibly set to change hands — to a familiar buyer, our Stuart Burns writes. A tight […]
This Morning in Metals: Chinese Aluminum Output Rises in December
This morning in metals news, China ramped up its aluminum output in December, British police are looking into allegations of pension fraud against steelworkers and India considers a plan to have its steel ministry oversee iron ore and coal operations. Want to see an Aluminum Price forecast? Take a free trial! British Police Look Into […]
Dept. of Commerce Announces Preliminary Affirmative Determinations in CVD Investigation of Steel Flanges
The U.S. Department of Commerce took another step forward in its investigation of steel flanges from China and India, announcing affirmative preliminary determinations in its countervailing duty (CVD) investigation on Wednesday evening. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In its release covering the announcement, the department once again touted […]
This Morning in Metals: MetalMiner on NPR, NAFTA and Alcoa Earnings
This morning in metals news, our own Lisa Reisman appeared on NPR’s “Marketplace” yesterday, President Trump said Wednesday that terminating the North American Free Trade Agreement (NAFTA) would lead to the best renegotiated deal and Alcoa reported its 2017 4Q and full-year earnings. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Aluminum and China on […]
