This morning in metals news, copper prices have been sliding amid growing fears over the spread of the coronavirus in China, laminated steel manufactured by Tata Steel in the Netherlands has been exempted from U.S. tariffs and China’s Jingye is reportedly considering building a new metals recycling furnace in the U.K. Looking for metal price […]
Fouad Egbaria
Department of Commerce rules fabricated structural steel dumped from Canada, China, Mexico
The U.S. Department of Commerce (DOC) issued affirmative final determinations in its anti-dumping and countervailing subsidy investigations of fabricated structural steel imports from China, Canada and Mexico. The DOC issued final determinations in its anti-dumping probe for China, Canada and Mexico, while issuing affirmative determinations in its parallel countervailing duty probe for China and Mexico […]
Global aluminum production picks up in December; China’s ’19 output down from ’18
Global aluminum production ticked up in December 2019 to 5.44 million tons, up from 5.26 million in November 2019, according to recent data from the International Aluminum Institute. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! However, December 2019 production was down slightly from December 2018, […]
Week in Review: Industrial production; steel capacity utilization; IMF growth forecasts
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 Federal Reserve’s recent industrial production report, the U.S.’s December boom in housing starts, the U.S. steel sector’s capacity utilization rate and the International Monetary Fund’s latest growth projections. […]
This Morning in Metals: E.U. eyes potential tariffs on stainless steel from China, Taiwan, Indonesia
This morning in metals news, the European Union has registered flat-rolled stainless steel imports from a trio of Asian countries in what could be a prelude to tariffs, China’s Jingye Group plans to cut 500 jobs as part of its British Steel takeover and manufacturers look to adapt to business conditions in the years ahead. […]
This Morning in Metals: Tensions rise as Trump threatens E.U. with auto tariffs
This morning in metals news, U.S.-E.U. trade tensions are again at the forefront with President Donald Trump’s recent threats at the World Economic Forum in Davos, a Chinese firm has purchased British steel trader Stemcor and Brazil’s Vale is off to a slow start this year. Looking for metal price forecasting and data analysis in […]
IMF revises global growth projections downward for 2019-2021
Despite noting some positive developments, the International Monetary Fund (IMF), downgraded its growth projections for 2019-2021, citing a number of pressures ranging from climate change to geopolitical tensions to extant trade tensions. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In its January 2020 World Economic […]
This Morning in Metals: Turkey’s Cengiz eyes Jingye’s British Steel takeover bid
This morning in metals news, a Turkish conglomerate is reportedly ready to step into the British Steel process if Jingye Group’s takeover effort falls apart, copper prices fell to a two-week low and an Indonesian company aims to augment its aluminum production. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Global copper mine production down 0.3% through first 10 months of 2019
The International Copper Study Group (ICSG) reported global copper mine production fell 0.3% through the first 10 months of 2019. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! According to the ICSG, concentrate production during the period was flat, while solvent extraction-electrowinning fell 1%. Production in […]
U.S. steel industry’s capacity utilization rate hits 82.3%
The U.S. steel sector reached a capacity utilization rate of 82.3% for the year through Jan. 18, according to the American Iron and Steel Institute (AISI). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Production for the year to date reached 4.94 million tons, up 2.6% […]