This morning in metals news: global aluminum production rose in June compared to last year, the International Aluminum Institute reported; Ford of Europe reported its Q2 sales; and, lastly, June electricity demand surged amid a heat wave in the Pacific Northwest. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming […]
Fouad Egbaria
This Morning in Metals: Steel capacity utilization rises to 84.1%
This morning in metals news: the U.S. steel capacity utilization rate rose to 84.1% last week; privately owned housing starts jumped in June; and, lastly, Pedro Castillo has been declared president-election in Peru. Does your company have a steel buying strategy based on current steel price trends? US steel capacity utilization rises to 84.1% The […]
This Morning in Metals: Rio Tinto reports Q2 production results
This morning in metals news: Rio Tinto reported its Q2 production results; U.S. unemployment rates were down in seven states in June; and, lastly, the U.S. once again led the way in petroleum and natural gas production last year. You want more MetalMiner on your terms. Sign up for weekly email updates here. Rio Tinto […]
Week in Review: Chinese steel exports rise; USW, ATI reach deal; import prices rise
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: 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 of July 12-16 (Chinese steel […]
This Morning in Metals: Chinese steel exports surge in June
This morning in metals news: Chinese steel exports surged in June, according to General Administration of Customs data; meanwhile, the average cost for U.S. solar power construction continued to decline in 2019; and, lastly, Cleveland-Cliffs released its Sustainability Report 2020. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be […]
This Morning in Metals: US import prices rise by 1.0% in June
This morning in metals news: import prices rose by 1.0% in June; Saudi Arabia and the United Arab Emirates have reportedly reached a deal to resolve their recent oil output spat; and, lastly, Norsk Hydro recently announced the restart of its aluminum extrusion plant in Sjunnen, Sweden. Receive the latest short-term and long-term outlook for […]
Renewables/GOES MMI: Cobalt prices bounce back in June, early July
The Renewables Monthly Metals Index (MMI) dropped by 0.8% for this month’s reading. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Cobalt price bounces back Last month, we noted a plunge in […]
Global Precious MMI: Gold prices drop in June, bounce back after Fed chairman’s testimony
The Global Precious Monthly Metals Index (MMI) fell by 5.2% for this month’s reading, as gold prices dipped throughout June. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Gold price slides in June The gold price lost steam in June. […]
This Morning in Metals: ArcelorMittal aims to make Sestao zero-carbon-emissions steel plant
This morning in metals news: ArcelorMittal said it plans to make its Sestao plant zero carbon emissions; meanwhile, the Producer Price Index for final demand increased by 1.0% in June; and, lastly, U.S. steel prices continue to rise. You want more MetalMiner on your terms. Sign up for weekly email updates here. ArcelorMittal announces aim […]
This Morning in Metals: Consumer Price Index up 0.9% in June
This morning in metals news: the Consumer Price Index (CPI) for All Urban Consumers increased by 0.9% in June, the Bureau of Labor Statistics reported today; meanwhile, U.S. crude oil production efficiency increased in the Bakken region in 2020; and, lastly, North American Stainless experienced a production slowdown late last week. The MetalMiner Best Practice […]
