U.S. raw steel production for the week ending Oct. 19 slowed, with the sector’s capacity utilization rate checking in just below the important 80% mark, all coming as steel prices continue to fall — in some cases, to late 2016 levels. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Capacity […]
This Morning in Metals: Sign Up for MetalMiner-Avetta Webinar on Hiring in Manufacturing
This morning in metals news, this week’s MetalMiner-Avetta webinar is fast approaching, global steel industry groups demand action on steel excess capacity, and Anglo American released its third-quarter production results and full-year guidance revisions. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Sign […]
Global Aluminum Production Falls — But So Do Aluminum Prices
According to the International Aluminum Institute, global aluminum production totaled 5.16 million tons in September, down from 5.33 million tons in August and 5.30 million tons in September 2018. Despite the decline in production, prices have not received a boost — in fact, the LME aluminum price per pound is hovering at around $0.78 per […]
This Morning in Metals: DOC Rules in Anti-Dumping, CVD Investigation of Stainless Steel Kegs
This morning in metals news, the U.S. Department of Commerce announced rulings in investigations of stainless steel kegs from China and Germany, copper prices rose on labor tensions in Chile, and the UAW’s strike continues as it mulls ratification of a tentative deal with General Motors reached last week. Keep up to date on everything […]
September U.S. Housing Starts Fall 9.4% from August
U.S. housing starts in September dropped 9.4% compared with the previous month, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. According to the joint report, housing starts in September […]
Week in Review: Steel Demand, Indian Copper Imports and GM’s Tentative UAW Deal
Before we head into the weekend, let’s take a look back at the week that was and some of the coverage here on MetalMiner, including coverage of global steel demand, Trafigura’s bet on cobalt, electric vehicles and a potential detente in the General Motors–UAW saga. Keep up to date on everything going on in the […]
This Morning in Metals: MetalMiner Webinar to Explore Manufacturing Talent Gap
This morning in metals news, an upcoming MetalMiner webinar will explore the challenges manufacturers face in talent acquisition, the nickel price continues to fall after a hot summer and miner BHP released its production results for the quarter ending Sept. 30. Keep up to date on everything going on in the world of trade and […]
Vale Ramps Up Iron Ore Production, Sales in 3Q 2019
Brazilian miner Vale recently unveiled its third-quarter production and sales figures, showing a strong quarter for the company’s iron ore operations. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Vale’s iron ore fines production totaled 86.7 million tons in the third quarter, up 35.4% from […]
This Morning in Metals: China Wants Removal of Tariffs for Final Trade Deal
This morning in metals news, China wants the U.S. to remove tariffs before a final trade deal can be reached, U.S. Steel announced it would offer $300 million in senior convertible notes and Alcoa released its third-quarter financial results. Keep up to date on everything going on in the world of trade and tariffs via […]
General Motors, UAW Reach Tentative Agreement to End Strike
General Motors and the United Automobile Workers (UAW) union have reached a tentative agreement that would end the strike that has run for over four weeks. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. “We just reached a Tentative Agreement with GM a […]