The Automotive Monthly Metals Index (MMI) picked up three points, rising to a January MMI reading of 89. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. auto sales General Motors reported it delivered 2.89 million vehicles in the U.S. market in 2019, up 12.7% compared with […]
Fouad Egbaria
This Morning in Metals: U.S. steel sector starts 2020 with 82% capacity utilization
This morning in metals news, the U.S. steel sector posted a capacity utilization rate of 82.0% to start the new year, copper prices made gains Tuesday and the Port Talbot steelworks’ losses continue to trouble Tata Steel.
This Morning in Metals: U.S. raw steel production up 1.9% in 2019
This morning in metals news, U.S. raw steel production in 2019 increased 1.9% over 2018, Rio Tinto announced the restart of operations at its Richards Bay Minerals operation in South Africa and the U.S. Department of Commerce made an affirmative preliminary antidumping duty determination related to collated steel staples from China.
Week in Review: 2019 in review, aluminum production and steel production
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: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! We took a look back at some of the top steel-centric posts of […]
Global aluminum production reaches 5.19M tons in November
According to recent data from the International Aluminum Institute, global aluminum production in November totaled 5.19 million tons, down from 5.35 million tons the previous month. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Production in November was also down on a year-over-year basis compared with 5.33 million tons produced in November 2018. […]
Global crude steel production falls 1.0% in November
Breaking a long stretch of growth, global steel production has been on the decline over the last few months. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After falling 0.6% and 3.1% on a year-over-year basis in September and October, respectively, global production fell 1.0% in November, according to the […]
U.S. steel production up 1.8% in 2019
According to recent data from the American Iron and Steel Institute (AISI), U.S. raw steel production for the year through Dec. 21, 2019, had increased 1.8% compared with the same period in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Production for the nearly full year in 2019 totaled […]
This Morning in Metals: Argentina Imposes Export Tariffs on Steel
This morning in metals news, Argentina sets exports tariffs, LME copper drops and China’s biggest aluminum-producing city is getting set to roll out high-end aluminum projects. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Argentina Slaps Exports with Tariffs Argentina added export tariffs to all products, including steel, according to S&P […]
Mexico Launches Anti-Dumping Probe on Chinese Aluminum Foil
Just last year, the U.S. Department of Commerce kicked off an investigation of imports of aluminum foil from China; in February, it issued a final affirmative determination in its anti-dumping and countervailing duty cases. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Last week, Mexico announced it was going in a similar direction. […]
China Seeks Consultations with U.S. Over $16B in Tariffs
In a world of increasing trade tensions, sometimes involved parties just want to talk.Need buying strategies for steel? Try two free months of MetalMiner’s OutlookSuch was the case last week, as China initiated a World Trade Organization (WTO) dispute complaint seeking consultations with the U.S. over the $16 billion in tariffs that went into effect […]
