Norwegian aluminum maker Norsk Hydro has recently been in the news for a cyber attack that brought much of its operations to a halt. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook More recently, however, the company turned to more positive news, announcing plans to upgrade technology at its Husnes plant to produce […]
Lisa Reisman
This Morning in Metals: Rio Tinto Announces Additional $302M for Arizona Copper Project
This morning in metals news, miner Rio Tinto announced Monday it will commit an additional $302 million toward the Resolution Copper project in Arizona, Rusal made its first post-sanctions U.S. investment and copper prices rose Monday. Rio Tinto Announces $302M Additional Investment Miner Rio Tinto announced Monday it will pitch in an additional $302 million […]
The April 2019 MMI Report: Five of 10 MMIs Trade Flat
The April 2019 Monthly Metals Index (MMI) report is in the books. This month was marked by the status quo, as five of 10 MMI subindexes stayed put. The Aluminum, Automotive, Copper, Renewables and Stainless MMIs all traded flat for the April reading. Raw Steels and Global Precious were down for the month, while Construction, […]
Week in Review: MMI Week, Auto Emissions and E.U.-U.S. Trade
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 MetalMiner’s April Monthly Metals Index (MMI) series concluded this week with coverage of: Construction Aluminum Stainless Copper […]
This Morning in Metals: China’s March Iron Ore Imports Rise
This morning in metals news, iron ore shipments into China picked up in March after February’s 10-month low, India’s top court blocked ArcelorMittal’s attempt to buy the bankrupt Essar Steel and the E.U. opened the door to formal trade negotiations with the U.S. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: Charges to be Filed Related to Vale Dam Collapse
This morning in metals news, the Wall Street Journal reported the Brazilian government plans to file charges in relation to the fatal Vale SA tailings dam collapse earlier this year, Tata Steel’s European workers are having doubts about the proposed Thyssenkrupp merger, the U.S. and China reportedly made a breakthrough this week in their ongoing […]
Renewables MMI: EPA Deal Opens Door to Potential Missouri Cobalt Mining
The Renewables Monthly Metals Index (MMI) held flat this month, sticking at an MMI reading of 103. Cobalt in … Missouri? The St. Louis Post Dispatch reported an EPA agreement could open the door to cobalt mining at the site of an old lead mine. On April 3, the EPA announced it had reached an agreement […]
Raw Steels MMI: Subindex Dips on Mixed Price Movements
The Raw Steels Monthly Metals Index (MMI) fell by one point this month to 81, a 1.2% decline from the previous month’s MMI value. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Price weakness in the index came from the U.S. HRC 3-month futures contract, with a 6.3% decline in price […]
This Morning in Metals: IMF Ups its 2019 Growth Forecast for China
This morning in metals news, the International Monetary Fund (IMF) released a slightly more positive 2019 growth forecast for China, a fire led to damages at one of Rio Tinto’s Pilbara iron ore operations, and Polish copper producer KGHM said it may freeze operations in Canada and the U.S. Need buying strategies for steel? Request your […]
Rare Earths MMI: Lynas Considers Australia Processing Plant Amid Regulatory Pressure in Malaysia
The Rare Earths Monthly Metals Index (MMI) picked up one point, rising to a value of 19. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what you need Lynas Considers Initial Ore Processing at Home Amid Pressure in Malaysia Australian rare-earths miner Lynas Corp., as we’ve noted in previous Rare Earths MMI reports, […]
