This morning in metals news, U.S. Steel announced a number of measures in response to the coronavirus crisis and falling oil price, concerns have been raised regarding cleaning procedures at a Michigan steel mill, and Republican senators have asked President Donald Trump to roll back trade barriers amid the coronavirus outbreak. Looking for metal price […]
Fouad Egbaria
How to ask for payment-term concessions in the age of the coronavirus
As the coronavirus outbreak continues to wreak havoc around the world, the crisis has already left a major mark on societies, politics and business. Request a 30-minute demo of the MetalMiner Insights platform now. The outbreak has disrupted supply chains and led to the idling or slowdown of operations in North America (and across the […]
This Morning in Metals: U.S. jobless claims reach record 3.3M as coronavirus outbreak intensifies
This morning in metals news, U.S. unemployment insurance claims soared last week as the coronavirus outbreak intensified, Thyssenkrupp announced 3,000 layoffs and the United States Trade Representative (USTR) said there had been progress in enforcing some provisions of the recently signed Phase One trade deal with China.
Global copper mine production down 0.7% in 2019
Global copper mine production dipped last year compared with 2018, according to the most recently monthly data from the International Copper Study Group (ICSG). Request a 30-minute demo of the MetalMiner Insights platform now. Copper concentrate production declined 0.6% and solvent-extraction electrowinning fell by around 1%, the ICSG reported.
This Morning in Metals: Senate to vote on $2 trillion stimulus package
This morning in metals news, the U.S. Senate is prepared to vote on a $2 trillion stimulus package Wednesday, U.S. steel imports are down 21% and U.S. Steel is idling its Lorain tubular plant.
This Morning in Metals: Congo locks down mining province after coronavirus cases
This morning in metals news, the Democratic Republic of the Congo has reportedly locked down a mining province for 48 hours, the U.S. steel sector’s steel capacity utilization rate is 81.7% for the year through March 14 and Ford provided an update on its North American operations amid the coronavirus crisis. Looking for metal price […]
MetalMiner’s pop-up webinar overviews coronavirus, oil price impacts
How will the coronavirus outbreak and oil price volatility impact metal prices in 2020 and how can industrial metal buying organizations be prepared for what’s ahead? Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! This past Friday, the MetalMiner team hosted a pop-up webinar on that […]
This Morning in Metals: Turkey launches WTO dispute over E.U.’s steel safeguard
This morning in metals news, Turkey has objected to the E.U.’s steel safeguards at the World Trade Organization (WTO) level, copper prices continue to plummet and Chinese iron ore prices took heavy losses Monday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
U.S. housing starts surge 39.2% year over year in February
Although housing starts in the U.S. in February declined compared with January, they rose 39.2% compared with starts in January 2019, according to the U.S. Census Bureau and Department of Housing and Urban Development (HUD). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Week in Review: Coronavirus impacts; precious metals plunge; ‘negative oil’
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including: the coronavirus outbreak’s impact on share prices and commodities prices; a look back at Norsk Hydro’s 2019; precious metals prices’ plunge; Moody’s releases a coronavirus heat map; and “negative […]