While the U.S. and China earlier this year announced a so-called “phase one” trade deal, questions remained about commitments and the enforcement of the deal’s provisions. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo As such, despite forestalling the implementation of new planned […]
Fouad Egbaria
This Morning in Metals: ITC determines U.S. industry not injured by fabricated structural steel imports
This morning in metals news, the U.S. International Trade Commission (USITC) made a negative determination in the ongoing anti-dumping probe of fabricated structural steel imports, the Pilbara Ports Authority released January shipment data and Norsk Hydro will offer aluminum solutions for ships under construction for a Norwegian shipowner. Metal prices fluctuate. Key is knowing when […]
ICSG: Copper deficit at 385K tons through first 11 months of 2019
According to the International Copper Study Group, the global copper market was in deficit by approximately 385,000 tons through the first 11 months of 2019. Generate hard savings on your metal buys year-round; trial MetalMiner’s monthly outlook report The LME three-month copper price built some upward momentum in late 2019 and the first two weeks […]
ILZSG: Global zinc market posts 189K deficit in 2019; lead balanced
According to monthly data from the International Lead and Zinc Study Group (ILZSG), the global zinc market posted a deficit of 189,000 tons in 2019. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo Meanwhile, lead supply exceeded demand by 8,000 tons in 2019, […]
This Morning in Metals: Stocks reel amid spreading coronavirus threat
This morning in metals news, stock markets took heavy losses Monday, U.S. raw steel production is up 1.1% in the year to date and concerns abound regarding workers at Baowu Steel’s Wuhan plant amid the coronavirus outbreak. Request a 30-minute demo of the MetalMiner Insights platform now.
Federal Reserve: Industrial production drops 0.3% in January
According to the Federal Reserve, U.S. industrial production fell 0.3% in January as “unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft.” “The major market groups posted mixed results in January,” The Fed reported. “The output of business equipment declined 2.6 percent as a […]
This Morning in Metals: Australian miner Fortescue posts strong 1H FY 2020
This morning in metals news, Australian miner Fortescue reported financial results for the first half of fiscal year 2020, Chinese iron ore futures rise and the LME primary three-month aluminum price slides. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
Week in Review: Geely-Volvo merger; China’s steel sector; iron ore 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 coverage of: India’s auto sector; a merger of Geely and Volvo; China’s steel industry amid the coronavirus outbreak; the E.U.’s anti-dumping probe of aluminum extrusions from China; and iron […]
This Morning in Metals: Jingye Group pitches French government on British Steel deal
This morning in metals news, China’s Jingye Group has reportedly written to the French government in an effort to keep its takeover of the insolvent British Steel afloat, Liberty Steel faces challenges at its South Carolina mill and iron ore prices continue to surge. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s […]
This Morning in Metals: Rio Tinto submits power plant feasibility plan for Oyu Tolgoi
This morning in metals news, Rio Tinto’s Oyu Tolgoi mine plans took an incremental step forward, AK Steel announced a Q4 2019 net loss of $53.9 million and Paris-based Constellium posted a stronger Q4 compared with its Q4 2018. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook