This morning in metals news: Rio Tinto announced it is working with Komatsu to develop zero-emission mining haulage solutions; meanwhile, Norsk Hydro announced new investments in North America; and, lastly, U.S. steel prices continue to rise, although the pace of gains has slowed somewhat. You want more MetalMiner on your terms. Sign up for weekly […]
Fouad Egbaria
ICSG: Copper market in surplus through first four months of 2021
With all eyes on the labor situation at BHP’s Escondida copper mine — the world’s largest copper mine — global copper supply could get a lot tighter if the situation leads to a prolonged strike. In 2017, workers at the mine engaged in a 44-day strike. However, at least through the first four months of […]
This Morning in Metals: Steel capacity utilization reaches 85.0%
This morning in metals news: U.S. steel capacity utilization reached 85.0% for the week ending July 31; meanwhile, U.S. energy intensity has dropped by about half since 1983; and, lastly, compensation costs for U.S. civilian workers rose by 0.7% from March to June. You want more MetalMiner on your terms. Sign up for weekly email […]
This Morning in Metals: Union workers at Escondida mine reject BHP contract offer
This morning in metals news: the union representing workers at the Escondida copper mine rejected BHP’s latest contract offer; meanwhile, U.S. construction spending ticked up in June; and, lastly, productivity increased in a majority of wholesale and retail trade industries last year. You want more MetalMiner on your terms. Sign up for weekly email updates […]
Week in Review: Stainless demand; global crude steel production; tin prices
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, including stainless demand, a drop in global crude steel production and much more: We know what you should be paying for metals — MetalMiner should-cost models are the ultimate savings […]
This Morning in Metals: China raises export tariffs for steels
This morning in metals news: China opted to increase export tariffs on some steel products; meanwhile, Glencore released its first-half production results; and, lastly, U.S. personal income increased slightly in June. Want MetalMiner directly in your inbox? Sign up for weekly updates now. China boosts steel export tariffs China has raised export tariffs for some […]
This Morning in Metals: US GDP rises by estimated 6.5% in Q2
This morning in metals news: according to the Bureau of Economic Analysis, U.S. gross domestic product rose by an estimated 6.5% in the second quarter; meanwhile, the American Iron and Steel Institute (AISI) commented on the Biden administration’s infrastructure deal; and, lastly, copper prices have found some support this week. MetalMiner should-cost models: Give your […]
Federal Reserve holds off on rate increases, touts strengthening economy
For those keeping an eye on monetary policy, for now the Federal Reserve is maintaining the status quo vis-á-vis federal funds rates. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Federal Reserve holds funds rate at 0-0.25% As the […]
How much should a city trash can really cost?
Walk down just about any major city in the United States and, eventually, you’ll walk past a city-installed garbage can. Maybe you’ll see a classic black trash receptacle, with the black vertical paneling and open top. Or, maybe, you might see a trash receptacle with a top-side lid that opens and closes (like you might […]
This Morning in Metals: Rio Tinto commits $2.4B in funding for Serbia lithium project
This morning in metals news: miner Rio Tinto said it had committed funding of $2.4 billion toward the Jadar lithium-borates project in Serbia; meanwhile, the U.S. international trade in goods deficit rose in June; and, finally, the United States International Trade Commission determined imports of metal lockers from China materially injure U.S. industry. Want MetalMiner […]
