Competition in the nascent electric vehicle (EV) market continues to grow, but a limiting factor in sales is perhaps the most obvious: cost. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook MetalMiner’s Stuart Burns recently wrote about Chinese automaker Great Wall’s Ora R1, which could sell for under $9,000 (aided […]
Lisa Reisman
BHP Announces Production Figures for Second Half of 2018
Miner BHP unveiled its production totals for the second half of 2018, reporting a negative impact of approximately $600 million due to unplanned outages at Olympic Dam, Spence and Western Australia Iron Ore. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Production in the first half was broadly in line with […]
This Morning in Metals: LME, SHFE Copper Prices Slide
This morning in metals news, copper slides, one business says it has been impacted by the Trump administration’s Section 232 steel tariff and a November train derailment had a major impact on miner BHP’s production totals. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Slides The price of London […]
Domestic Steel Prices Continue to Trend Downward
Domestic steel prices have been in a downtrend since August, when prices started to show the first signs of weakness. All forms of steel, except plate, have showed downward price momentum. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Historically, steel prices move lower during Q3 and part of Q4. […]
EUROFER Director General: Steel Safeguard Measures ‘Welcome’ but Could ‘Undermine’ Intended Function
Last week, E.U. member states voted to go ahead with new quotas on steel imports extending until July 2021. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Last July, the E.U. voted to impose provisional steel safeguards, which were allowed to remain in place for a maximum of 200 days […]
This Morning in Metals: China’s Daily Crude Steel Output Fell in December
This morning in metals news, China’s daily crude steel output slipped in December, miner Rio Tinto reported its fourth-quarter production results and Luxembourg-based Tenaris purchased a large stake in the Saudi Steel Pipe Company. Steel Output Slides China’s daily steel output for December fell to its lowest level since March, according to Reuters. Need buying […]
Week in Review: E.U. Steel Quotas, an Automotive Alliance and Brexit Drama
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 Earlier this month, President Donald Trump and Prime Minister Narendra Modi chatted about U.S.-India trade relations. Stuart […]
This Morning in Metals: Chinese Iron Ore Futures Surge
This morning in metals news, Chinese iron ore futures hit their highest price point in 10 months, Turkey’s steel sector takes another hit, and copper and zinc hit their 2019 highs. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Rises Is optimism building vis-a-vis a potential resolution to […]
This Morning in Metals: Alcoa Reports 4Q, Full-Year 2018 Results
This morning in metals news, aluminum producer Alcoa Corporation reported its fourth-quarter and full-year 2018 results, India is considering a higher iron ore import duty and Shanghai steel futures moved up. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Alcoa Reports 4Q Earnings Pittsburgh-based aluminum producer Alcoa Corporation reported its […]
Senate Resolution to Block Easing of Russia Sanctions Falls Short
A resolution that sought to reverse the Trump administration’s decision to ease sanctions on Russian companies — including aluminum heavyweight United Company Rusal — failed to pass this week, coming in at a 57-42 vote (just short of the 60 votes needed to pass). Need buying strategies for steel? Request your two-month free trial of […]
