This morning in metals news, the U.S. steel sector continues to outproduce 2018 levels, copper prices are around two-week highs and President Donald Trump took to Twitter to tout the impact of the U.S.’s tariffs on China’s economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Capacity Utilization Rate Reaches […]
Lisa Reisman
Trump Executive Order Aims to Increase Domestic Steel Content in Federal Procurement
The U.S. steel industry applauded the president’s latest executive order, which targets the augmentation of the percentage of domestic steel content — among other goods — in federal procurements. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On Monday, July 15, the president signed a proclamation hailing this “Made in […]
ILZSG: Zinc Hits 123 KT Deficit Over First Five Months of 2019
The International Lead and Zinc Study Group (ILZSG) released its latest report on lead and zinc today, showing supply deficits for both through the first five months of the year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Zinc Market at 123 KT Deficit The zinc market was in deficit by […]
This Morning in Metals: Trump to Sign Order Raising Steel Content Threshold for Federal Projects
This morning in metals news, President Donald Trump is expected to sign an executive order calling for heightened steel content thresholds for federal projects, Japanese firm Nippon Steel is planning to offload $1.9 billion in assets in order to purchase India’s Essar Steel and Chinese iron ore prices are getting a boost from a positive […]
The July MMI Report: Seven of 10 MMIs Post Upward Movement
The July 2019 Monthly Metals Index (MMI) report is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After a couple of down months, the MMIs showed upward movement this time around. Seven of 10 MMIs increased for the July reading. The Raw Steels MMI was the lone subindex to […]
Week in Review: Trade Tensions, MMI Week and India’s Steel Sector
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 Stuart Burns on trade tensions between the U.S. and the E.U. We wrapped up MMI week with […]
This Morning in Metals: China’s Copper Imports, Imports of U.S. Goods Decline
This morning in metals news, China’s copper import levels fell in June, the U.S.-China trade war saw China’s imports of U.S. goods plunge in June and BHP has long-term designs on mine expansion over the next century. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Copper Imports Fall Imports […]
Renewables MMI: Congo’s Copper Production Growth Outpaces Cobalt
The Renewables Monthly Metals Index (MMI) gained three points this month, rising to a July MMI value of 105. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Congo Cobalt Output Rises 3% Cobalt output in the Democratic Republic of the Congo (DRC) jumped 3% over the first five months of the […]
This Morning in Metals: Lone Bosnian Aluminum Smelter Closes
This morning in metals news, Bosnia’s only aluminum smelter is closing, President Donald Trump comments on U.S.-China trade talks and the United States Trade Representative (USTR) is pursuing competition-related concerns with respect to the U.S.-Korea Free Trade Agreement (KORUS). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Bosnian Aluminum Smelter […]
Stainless MMI: Nickel Prices Surge as Stainless Surcharges Fall
The Stainless Steel Monthly Metals Index (MMI) bounced back this month, rising two points to 69 after last month’s two-point drop. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Movements of individual prices within the index were mixed. LME nickel prices increased the most among price points in the […]
