A recent report by the International Lead and Zinc Study Group (ILZSG) details lead and zinc supply and demand levels for the first nine months of the year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Lead Demand Exceeds Supply According to the report, lead demand exceeded supply by 110,000 […]
Global Aluminum Production Rises 4% Year Over Year in October
According to International Aluminum Institute (IAI) data released yesterday, global aluminum production jumped 4% year over year in October. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Global aluminum production hit 5.4 million metric tons in October, up from 5.2 million metric tons in October 2017. The October production total also marked an […]
This Morning in Metals: Mexico Expects U.S. to Lift Metals Tariffs with USMCA Signing
This morning in metals news, the Mexican ambassador to the U.S. told news agency McClatchy he expects the U.S. to lift its steel and aluminum tariffs, world aluminum production jumped in October, and Norilsk Nickel says it is willing to work with London-listed Kaz Minerals on a copper project in Russia. Need buying strategies for […]
AISI: Year-to-Date Steel Capacity Utilization Rate Jumps to 78%
The U.S.’s capacity utilization rate for steel continues to inch toward that magic 80% benchmark. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to data from the American Iron and Steel Institute (AISI), the U.S.’s steel capacity utilization rate for the year through Nov. 17 reached 78%, up from […]
Azevêdo: WTO Has Opportunity to Address ‘Crisis of Multilateralism’
The past year’s developments in global trade have offered a stiff test to the international trading order and, more specifically, the World Trade Organization (WTO). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Amid a surge in protectionist measures, the WTO has come under pressure. U.S. President Donald Trump has […]
This Morning in Metals: Tokyo Steel Announces Plate Price Increase
This morning in metals news, Tokyo Steel plans to raise plate prices, Rio Tinto says new aluminum capacity is needed outside of China and copper prices tick upward. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Plate Prices Rise Tokyo Steel plans to raise heavy plate prices by 2.5% in […]
Eyes on Employment: A Check-In on Employment Figures Post-Section 232 Tariffs
Strengthening the domestic steel and aluminum industries and bringing jobs back to the sectors stood out as one of the primary stated objectives of the Trump administration’s Section 232 tariffs on steel and aluminum. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Detractors have argued that while the tariffs could […]
Industry Groups Testify at USITC Hearing on Potential Impacts of USMCA
Industry groups testified before the U.S. International Trade Commission (USITC) late last week on the United States-Mexico-Canada Agreement (USMCA) and its potential impact on the U.S. economy and industry sectors. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The Aluminum Association was one of the groups to comment, particularly focusing on the Section […]
Week in Review: Tata Steel, Chinese Auto Sales and the Oil Price
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 Tata Steel is looking to unify its brand, as it has been a busy year on the […]
This Morning in Metals: Zinc, Copper Move Toward Gains for the Week
This morning in metals news, the zinc and copper prices made gains this week, automakers expressed criticism of the U.S.’s steel and aluminum tariffs, and Shanghai rebar prices fell. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Zinc, Copper Prices Rise Both metals made gains this week on concerns of […]