This morning in metals news, Alcoa announced structural changes to its operating model, Ford Motor Co. was downgraded by Moody’s to junk status and BHP is eyeing a more diversified future. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Alcoa Announces New Operating Model Aluminum producer Alcoa this week announced […]
Lisa Reisman
U.S. Steel Sector Production Falls 1.7% Year Over Year
The U.S. steel industry’s crude steel production for the week ending Sept. 7 fell 1.7% compared with production for the same week in 2018, according to the American Iron and Steel Institute (AISI). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel production for the week ending Sept. 7 totaled […]
Global Precious MMI: Index Rises Four Points as Platinum Gains Momentum
The Global Precious Monthly Metals Index (MMI) gained four points this month, rising for a September MMI reading of 106. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Gold Market Subdued in India MetalMiner’s Sohrab Darabshaw delved into the Indian gold market ahead of the festival season in the country, which […]
This Morning in Metals: China Sees Slowdown in Copper Imports, Aluminum Exports
This morning in metals news, China’s trade activity with respect to aluminum and copper slowed in August, Nucor announced Chairman and CEO John Ferriola will be retiring at the end of the calendar year and residents of an Arizona town expressed staunch opposition to a proposed aluminum recycling plant. Need buying strategies for steel? Request […]
Rare Earths MMI: Pentagon Explores Possible Rare Earths Plant in Australia
The Rare Earths Monthly Metals Index (MMI) held flat this month, checking at an MMI value of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Looks to Australia for Rare Earths China’s dominance of the global rare earths market is well-documented, a fact the U.S. defense sector has grappled […]
Construction MMI: ABI in Longest Flat Stretch Since Recession
The Construction Monthly Metals Index (MMI) dropped one point for a September MMI reading of 77. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending According to the U.S. Census Bureau, U.S. construction spending in July totaled $1,288.8 billion, up 0.1% from the revised June estimate of $1,288.1 billion. […]
This Morning in Metals: Bank of America Cuts Steel Price Forecast
This morning in metals news, Bank Of America cut its steel price forecast, copper prices dropped and gold lost some of its safe haven luster. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Gloomy Steel Forecast Bank of America has cut its steel price forecast and is less than optimistic […]
Week in Review: Nickel Ore Export Ban, U.S. Auto Sales and MetalMiner Insights
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Alcoa reached a tentative four-year labor deal with the United Steelworkers union. Indonesia announced it intends to […]
MetalMiner Launches New MetalMiner Insights Platform
The world of metals procurement can be a difficult one to navigate, particularly amid the current climate of trade wars, tariffs and a bevy of other risks ranging from climate change to geopolitical tensions. That’s why it’s vital to come to the marketplace with dynamic, relevant and accurate data to inform your decision-making. MetalMiner’s new […]
This Morning in Metals: U.S. DOC Makes Affirmative Rulings in Fabricated Structural Steel Case
This morning in metals news, the U.S. Department of Commerce issued affirmative determinations in its anti-dumping investigation of fabricated structural steel imports, Turkey’s largest industrial group will halt steel production and a U.S. Department of Justice lawsuit poses a roadblock for Novelis‘ bid to buy Aleris. Need buying strategies for steel? Request your two-month free […]
