Global crude steel production took a fall in October, including in No. 1 steel producer China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to statistics compiled by the World Steel Association — using data from 64 data-reporting countries — global steel production fell 2.8% in October on a […]
This Morning in Metals: Average gas prices similar to past two Thanksgivings
This morning in metals news, gas prices this Thanksgiving were similar to levels the previous two years, Tata Steel has confirmed job cuts in the U.K. and a partnership may form toward development of new copper projects in Peru. Keep up to date on everything going on in the world of trade and tariffs via […]
This Morning in Metals: U.S. steel imports down 16%
This morning in metals news, U.S. steel imports were down 16% through the first 10 months of the year, steel companies are raising their prices and protests continue in the world’s top copper-producing country. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Steel […]
U.S. housing activity surges in October, starts jump 3.8%
Despite the plunge in temperatures, housing activity around the country heated up in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Housing starts rise in October According to the U.S. Census Bureau and the Department of Housing and Urban Development, privately owned […]
This Morning in Metals: Steel imports rise; U.S.-China trade talks continue
This morning in metals news, the U.S. Census Bureau reported October steel imports increased from the previous month, U.S.-China trade talks continue and industrial production declined in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Steel imports rise According to the U.S. […]
U.S. steel capacity utilization rate reaches 80.4% before Thanksgiving
The U.S. steel sector’s steel capacity utilization reached 80.4% for the week ending Nov. 23, as steel prices have recently showed some signs of bouncing back as we inch closer toward 2020. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Adjusted year-to-date steel production reached 87.20 million net tons at […]
This Morning in Metals: Italy, ArcelorMittal to negotiate over Ilva steel plant
This morning in metals news, steelmaker ArcelorMittal is engaged in negotiations over its prior plans to take over Italy’s troubled Ilva plant, Norsk Hydro sold one of its plants in Spain and copper prices made gains Monday. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
Ford’s all-electric Mustang Mach-E SUV gallops onto the automotive scene
For the first time in over half a century, Ford’s Mustang lineup is getting an addition. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The electric vehicle revolution continues to build as legacy automakers are making their moves. At the L.A. Auto Show, Ford unveiled its new all-electric 2021 Mustang […]
ICSG: Global copper market in deficit by 330K tons
According to the most recent report from the International Copper Study Group (ICSG), the global copper market through the first eight months of the year posted a deficit of 330,000 tons. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper mine production slips […]
Week in Review: ArcelorMittal Closures, Platinum Demand and a Call for a Section 232 Sunset
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 our coverage of: ArcelorMittal’s plant closure in South Africa, the oil price outlook, U.S. steel capacity utilization and steel prices, CAMMU’s call for a Section 232 sunset provision, and […]