Steel rebar is a crucial material for its use in construction, which is often cited in surveys of general economic health and activity. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. For instance, U.S. construction spending in December reached a seasonally adjusted annual rate […]
Fouad Egbaria
This Morning in Metals: Indiana No. 1 once again last year in steel production
This morning in metals news, Indiana again led the way in U.S. steel production last year, Tesla is in talks to use cobalt-free batteries in its cars made in China and the Energy Information Administration (EIA) projects U.S. natural gas production will continue to rise over the next 30 years. Metal prices fluctuate. Key is […]
Week in Review: MMI week; palladium prices; U.K. automotive sector after Brexit
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 coverage of: U.S. steel prices, 2019 metals sector M&A activity, palladium prices, the copper market amid the coronavirus outbreak, the British automotive sector and more. Looking for metal price forecasting and […]
This Morning in Metals: U.S. Steel layoffs; Braidy needs $500M; Aluminum Association announces new leader
This morning in metals news, U.S. Steel recently underwent another round of layoffs, Braidy Industries‘ new CEO said the company still needs $500 million for its Kentucky aluminum mill, and the Aluminum Association announced its new president and CEO. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request […]
This Morning in Metals: Germany’s Thyssenkrupp cites ‘difficult economic environment’ in latest earnings report
This morning in metals news, Thyssenkrupp’s earnings fell last quarter, the U.S. Department of Commerce announced affirmative preliminary circumvention rulings regarding imports of corrosion-resistant steel products and Brazil’s Vale has been overtaken as the world’s No. 1 iron ore producer. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. […]
Renewables/GOES MMI: Glencore signs cobalt supply deal with Samsung
The Renewables Monthly Metals Index (MMI) held flat for a February MMI reading of 98. (Editor’s Note: This report also includes analysis of grain-oriented electrical steel.) Request a 30-minute demo of the MetalMiner Insights platform now. Glencore signs long-term cobalt supply deal with Samsung Miner Glencore announced Monday that it has signed a five-year cobalt supply […]
This Morning in Metals: U.S. weekly raw steel production hits 1.90M tons
This morning in metals news, the U.S. steel sector churned out 1.90 million tons of steel during the week ending Feb. 8, a U.S. Steel electric arc furnace is near completion and miner Rio Tinto says the coronavirus in China has impacted copper ore flows. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s […]
Global Precious MMI: Palladium prices soar above $2,000/ounce
The Global Precious Monthly Metals Index (MMI) gained 10 points for a February 2020 reading of 125. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
This Morning in Metals: Novelis reports net income up 37% in Q3 FY20
This morning in metals news, Novelis Inc. reported its quarterly financial results, steel trade in China slows amid coronavirus fears and India’s carbon emissions are projected to soar over the next 30 years. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.
This Morning in Metals: Norsk Hydro faces headwinds in weak aluminum market
This morning in metals news, Norsk Hydro unveiled its Q4 and full-year 2019 financial results, Nippon Steel projected a net loss of $4 billion for the recent fiscal year, and President Donald Trump’s new tariffs on steel and aluminum derivatives took effect over the weekend. Metal prices fluctuate. Key is knowing when and how much […]