Standing on an otherwise quiet stretch of Ravenswood Avenue on Chicago’s North Side — with a green barrier of vegetation obscuring the Metra tracks on the other side of the street — one can hear faint sounds of hard work being done. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Lisa Reisman
This Morning in Metals: China Molybdenum’s DRC Mine Struggles Under Falling Prices
This morning in metals news, China Molybdenum is facing a number of pressures at its copper and cobalt mine in the Democratic Republic of the Congo, Norsk Hydro announced new certifications for several of its aluminum plants and profits have fallen at Australian miner South32 Ltd. amid falling aluminum prices. Need buying strategies for steel? […]
This Morning in Metals: Chinese Iron Ore Falls to 10-Week Low
This morning in metals news, Chinese iron ore futures fell to their lowest level in 10 weeks, JP Morgan weighed in on the impact of tariffs on U.S. consumers and Tokyo Steel has decided to hold its prices steady for September. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore […]
U.S. Court of International Trade Affirms Duties on Chinese Aluminum Foil
On April 19, 2018, the U.S. Department of Commerce issued anti-dumping and countervailing duty orders on certain types of aluminum foil from China. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Chinese producers appealed the decision, but the U.S. Court of International Trade this month opted to uphold the Commerce Department’s determination. The […]
This Morning in Metals: Layoffs Coming at U.S. Steel’s Great Lakes Works
This morning in metals news, U.S. Steel plans to lay off hundreds at its Great Lakes facility, miner BHP released its financial results for the fiscal year and copper prices pull back. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Layoffs Coming at U.S. Steel Plant A new round of […]
U.S. Housing Starts Fall 4% in July from Previous Month
According to the U.S. Census Bureau and the Department of Housing and Urban Development, privately owned housing starts in July fell 4.0% from the previous month, but rose 0.6% on a year-over-year basis. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook July housing starts reached a seasonally adjusted annual rate […]
This Morning in Metals News: Trump ‘Not Ready’ to Make a Deal with China
This morning in metals news, President Donald Trump on Sunday said he is not ready to make a trade deal with China just yet, ArcelorMittal faces falling steel prices as it attempts to revive India’s Essar Steel and the Department of Commerce today added 46 Huawei affiliates to the Entity List. Need buying strategies for […]
Report: U.S. Steel to Move Away from Spot Market-Based Sheet Steel Contracts in 2020
As metals buyers look to lock in their metals spend strategy, a reported decision by U.S. Steel could throw a wrench into some of those plans. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to a report by S&P Global Platts, the Pittsburgh-based steelmaker plans to move away from […]
Mitigating Risk in a Time of Trade Headwinds
Risk factors are everywhere, especially in this era of escalating trade tensions among the world’s strongest economies. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On top of the common risk factors businesses face — like weather events, supplier inefficiencies and freight costs — it’s critical to be smarter than […]
This Morning in Metals: Turkish Military Pension Fund Reaches Tentative Deal to Buy British Steel
This morning in metals news, a Turkish military pension fund has reportedly reached a tentative deal to buy the ailing British Steel, copper prices held flat Friday and the latest round of tariffs could impact China’s ability to prop up its economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
