According to a recent American Iron and Steel Institute (AISI) report, the U.S. steel industry operated at a capacity utilization rate of 81.0% for the year through Aug. 24. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Adjusted year-to-date steel production reached 63.55 million tons, according to AISI, up 4.4% […]
This Morning in Metals: Copper Prices Make Gains
This morning in metals news, the copper price ticked up Wednesday, an appeals court is reconsidering an aluminum antitrust suit involving several big-name companies and Rio Tinto is taking over a mining site in British Columbia. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Rises The copper price […]
Canada to Roll Out Anti-Dumping Policy Changes, Aluminum Import Monitoring System
The Canadian government recently announced policy and regulation changes that it argues “will help improve Canada’s trade remedy system for all sectors.” Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Earlier this month, Canada announced changes to its anti-dumping policy, in addition to the establishment of a new aluminum import monitoring […]
Global Crude Steel Production Growth Slows to 1.7% in July
Global crude steel production in July grew, but the rate of growth slowed considerably last month. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Production from the 64 countries reporting to the World Steel Association totaled 156.7 million tons in July, up 1.7% compared with July 2018. The production growth […]
This Morning in Metals: U.S. Raw Steel Production Rises 4.4%
This morning in metals news, U.S. raw steel production for the year through Aug. 24 is up 4.4%, Beijing’s Chalco reported profits declined in the first half of the year and India’s steel demand is slowing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Raw Steel Production Jumps 4.4% The […]
ILZSG: Lead, Zinc Post Supply Deficits in 1H 2019
According to the most recent International Lead and Zinc Study Group (ILZSG), the global zinc and lead markets were in deficit for the first six months of 2019. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The global zinc market was in deficit by 134,000 tons over the first six […]
This Morning in Metals: Steel Imports Down 10.6% Through July
This morning in metals news, U.S. imports of steel are down 10.6% for the first seven months of the year, U.S. Steel plans to idle its East Chicago plant, and China will raise tariffs on imports of copper scrap and aluminum scrap from the U.S. Need buying strategies for steel? Request your two-month free trial […]
ICSG: Global Copper Deficit Reaches 190,000 Tons in First Five Months of 2019
According to a recent report from the International Copper Study Group (ICSG), the global copper supply deficit came in at 190,00 tons for the first five months of the year. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The ICSG reported global copper mine production fell 1% during the first five months of […]
Week in Review: Risk Mitigation, Trump and Greenland, and a Chicago Nonprofit Teaches Skills
Before we head into the weekend, let’s take a look 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 Bill DeMartino of riskmethods recently spoke at MetalMiner’s Forecasting Workshop on the subject of risk mitigation tips and […]
This Morning in Metals: China to Impose Tariffs on $75B Worth of U.S. Goods
This morning in metals news, China’s Finance Ministry announced new tariffs on U.S. goods, Germany’s thyssenkrupp is suing over the European Commission’s decision to block a proposed merger with Tata Steel and iron ore prices could continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China to Impose New […]