Before we head into the penultimate weekend of 2020, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including: research findings related to organic molecules’ impact on machinability; gold prices; and the arrival of an allocation market for steel-buying organizations, as explained by MetalMiner CEO […]
Fouad Egbaria
This Morning in Metals: Researchers release findings on organic molecules, machinability
This morning in metals news: Purdue University researchers have released findings about the impact of organic molecules on machinability; Glencore made an operational update; and the WTI crude oil price ticked up this week. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost […]
This Morning in Metals: Import prices tick up slightly in November
This morning in metals news: U.S. import prices rose slightly in November, according to the Bureau of Labor Statistics; the Pilbara Ports Authority reported November shipping data; and, finally, there is speculation the U.S. could reimpose sanctions on Russian aluminum giant Rusal, Bloomberg reported. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing […]
This Morning in Metals: Rio Tinto commits $10M toward low-carbon steelmaking research partnership with Baowu
This morning in metals news: Rio Tinto has committed $10 million toward its research partnership with China’s Baowu Steel Group; meanwhile, Freeport McMoRan completed the sale of an undeveloped project in the Democratic Republic of the Congo; and, lastly, copper remains at an over seven-year high. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident […]
Renewables/GOES MMI: New wind, solar capacity to come onstream
The Renewables Monthly Metals Index (MMI) gained 7.8% for this month’s index value. (Editor’s Note: This report also includes coverage of grain-oriented electrical steel, or GOES.) Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. EIA: U.S. to add wind, solar capacity to electricity generation mix While an overwhelming majority […]
Global Precious MMI: Gold price surged during pandemic, but what’s in store for 2021?
The Global Precious Monthly Metals Index (MMI) gained 1.5% for this month’s index value, as the gold price has lost some of its gains from the summer. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Gold price gains MetalMiner’s Stuart Burns recently checked in on the gold price and […]
This Morning in Metals: MetalMiner December Annual Outlook update is out
This morning in metals news: the MetalMiner December update to the Annual Outlook report is now out; the U.S. steel capacity utilization rate fell to 70.9% for the week ended Dec. 12; and Alcoa last month announced plans to sell its rolling mill business. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing […]
Rare Earths MMI: European Raw Materials Alliance aims to strengthen rare earths supply chain
The Rare Earths Monthly Metals Index (MMI) surged 26.9% for this month’s reading. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be used when sourcing metals for 2021 — including expected average prices, support and […]
This Morning in Metals: EIA releases Short-Term Energy Outlook
This morning in metals news: the Energy Information Administration (EIA) released its Short-Term Energy Outlook; the China Iron and Steel Association (CISA) wants to know why iron ore prices are soaring; and the CEO of Cleveland-Cliffs touted the company’s plans for steel in the region after its acquisition of ArcelorMittal USA. Cut-to-length adders. Width and […]
Week in Review: Industrial metals recovery; U.S. Steel to acquire Big River Steel; iron ore heats up
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including industrial metals bouncing back, iron ore’s roaring 2020 and much more: Week of Dec. 7-11 (industrial metals, iron ore and more) Stuart Burns overviews industrial metals trends this year and looks […]