The Automotive Monthly Metals Index (MMI) held flat this month, again coming in for an MMI value of 93. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors, which reports sales on a quarterly basis, reported it delivered 665,840 vehicles in the first quarter of 2019, “with […]
Lisa Reisman
This Morning in Metals: USITC Rules in Anti-Dumping, Countervailing Duty Probes
This morning in metals news, the United States International Trade Commission (USITC) made determinations in the anti-dumping and countervailing duty probes of large diameter welded pipe from Canada, Greece, South Korea and Turkey; Thyssenkrupp workers are looking for job guarantees in the case of a collapse of the German firm’s European joint venture with Tata […]
The April MMO Report: Rising Steel Prices, Raw Material Supply Disruptions and More
MetalMiner’s April 2019 Monthly Metal Buying Outlook is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Monthly Metal Buying Outlook, released at the beginning of every month, offers analysis and buying strategies for 10 metals: Aluminum Copper Nickel Lead Zinc Tin Hot-Rolled Coil (HRC) Cold-Rolled Coil […]
This Morning in Metals: Trump Threatens to Close Southern Border
This morning in metals news, President Donald Trump threatened to close the southern border with Mexico, U.S. Steel was fined over $700,000 for air pollution violations and the LME copper price fell Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Threatens to Close Mexico Border President Trump intensified […]
Sumitomo Metal Mining Co., Ltd. Releases 2019 Production Guidance
Japan’s Sumitomo Metal Mining Co., Ltd., the second-largest producer of copper in Japan unveiled its fiscal year 2019 production guidance on Monday (for the year beginning this month). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The company guidance calls for production of 420,000 tons of electrolytic copper. That total […]
Rio Tinto Declares Force Majeure After Tropical Cyclone Veronica
Miner Rio Tinto declared force majeure on some contracts after Tropical Cyclone Veronica battered the western Australian coast last week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Rio Tinto’s iron ore operations in the Pilbara, Western Australia, are progressively resuming following the passing of Tropical Cyclone Veronica,” the company […]
This Morning in Metals: Chinese Steelmaking Cities to Extend Production Cuts
This morning in metals news, two major Chinese steelmaking cities will have to extend their winter output curbs, Russian aluminum maker Rusal has once again started shipping aluminum supplies to the U.S. market and iron ore on the Dalian Commodity Exchange surged to a seven-week high. Need buying strategies for steel? Request your two-month free […]
EUROFER: Extend Mandate for Global Forum on Steel Excess Capacity
The mandate for the Global Forum on Steel Excess Capacity (GFSEC), an organization that has come in for criticism from the U.S., expires in November. However, the European Steel Association (EUROFER) argues the forum, which has focused on creating policies to tackle global excess capacity, should have its mandate extended. Need buying strategies for steel? Request your […]
Week in Review: Brexit Saga Continues, a Section 232 Challenge and Steel Imports
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 The prospect of a no-deal Brexit is inching closer and closer to reality. India’s steelmakers are facing an […]
This Morning in Metals: Mnuchin Calls Latest Round of China Trade Talks ‘Constructive’
This morning in metals news, U.S. Treasury Secretary Steven Mnuchin tweeted Friday that this week’s round of trade talks with China were “constructive,” LME copper is on its way for its first quarterly gain since the end of 2017 and China’s imports of copper are forecast to dip this year. Need buying strategies for steel? […]
