This morning in metals news, BHP released its half-year production results, the GFG Alliance unveiled a new aluminum group and copper prices have been on the rise early this year. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! BHP’s copper production rises 7% Miner BHP released […]
Fouad Egbaria
Census Bureau, HUD: December housing starts up 16.9%, highest since 2007
December proved to be a fruitful month for U.S. housing starts, which reached their highest level since 2007. The new data came the same day the Federal Reserve reported manufacturing production had ticked up slightly in December. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Housing […]
This Morning in Metals: Rio Tinto releases Q4 production results
This morning in metals, miner Rio Tinto recently released its Q4 production results, China unveiled new copper scrap and aluminum scrap regulations, and China’s Jingye Group has called on consultants to help strengthen its case for its British Steel takeover plans. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
Fed: Total industrial production down in December; mining, manufacturing up
According to the U.S. Federal Reserve’s latest report on industrial production, industrial production in December dipped 0.3%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Industrial capacity utilization dipped by 0.4 percentage point to 77.0%, which is down from the long-run average — from 1972-2018 — […]
Week in Review: Steel prices rise; U.S., China ink trade deal; Senate passes USMCA
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: steel prices, commodities markets, precious metals, the U.S.-China Phase One trade deal and the Senate’s approval of the United States-Mexico-Canada Agreement.
This Morning in Metals: U.S. to appeal WTO panel decision in Indian steel dispute
This morning in metals news, the U.S. plans to appeal a World Trade Organization (WTO) compliance panel ruling related to its steel dispute with India, China’s crude steel production again hit a record high in 2019 and General Motors announced plans to invest $40 million at its Spring Hill Global Propulsion Systems plant in Tennessee. […]
After lengthy House approval process, Senate swiftly approves USMCA
The successor to the 1994 North American Free Trade Agreement, dubbed the United States-Mexico-Canada Agreement (USMCA), has now made its way through both chambers of the U.S. Congress. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In December, the White House and House Democrats reached a […]
This Morning in Metals: Alcoa releases Q4, 2019 financial results
This morning in metals news, aluminum maker Alcoa released its financial results for Q4 and 2019, an Ohio steel plant touts investment that it says will bring new jobs and a Pittsburgh-based metals manufacturer says it will have to close a facility unless it wins a steel tariff exemption. Looking for metal price forecasting and […]
With first phase in the books, U.S.-China trade talks shift to next stage
The escalation in U.S.-China trade relations appeared to take a brief pause Wednesday when U.S. President Donald Trump and Chinese Vice Premier Liu He signed what has been billed as a “Phase One” trade agreement between the world’s two largest economies. “Today we take a momentous step, one that has never been taken before with […]
January MMI Report: Steel prices rise, copper gains capped by demand concerns
The January 2020 Monthly Metals Index (MMI) report is in the books, including coverage of rising steel prices, U.S. automotive sales, construction spending and much more. This month, all 10 of the MMIs increased. The GOES, Rare Earths and Global Precious MMIs were the biggest risers, surging by 19.1%, 5.3% and 4.5%, respectively. Keep up to […]