This morning in metals news, Shanghai steel prices are down, Shanghai zinc and copper prices are also down, and U.S. steel prices are up by double-digit percentages this year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Shanghai Steel Falls Prices of Shanghai steel have dropped Wednesday for a third […]
Lisa Reisman
Global Copper Mine Production Up 4.5% Through First Seven Months
According to an International Copper Study Group (ICSG) report released earlier this month, global copper production through the first seven months of the year was up 4.5% compared with the first seven months of 2017. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook By volume, copper production increased by 500,000 […]
This Morning in Metals: U.S. Could Add $257B in Tariffs on China if Talks Fail
This morning in metals news, another major tariff hammer could be set to fall on Chinese goods coming into the U.S., iron ore prices continue to rise and copper falls. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook More Tariffs on the Way? The U.S. has already imposed tariffs worth […]
EUROFER: E.U. Steel Markets Stabilizing But Facing Numerous Challenges
Growth is stabilizing in E.U. steel markets, according to the director general of the European Steel Association (EUROFER), but the sector nonetheless faces challenges, including trade barriers and high import levels. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Growth is stabilising in EU steel markets, in line with expectations,” […]
This Morning in Metals: Trump Reviews Metals Tariffs on Canada, Mexico
This morning in metals news, President Trump is reviewing the U.S.’s steel and aluminum tariffs with respect to their application to Canada and Mexico, copper prices are up and the World Trade Organization (WTO) has set up a panel for a dispute between Japan and South Korea. Need buying strategies for steel? Request your two-month […]
Metals M&A Activity Picks Up in Q3 Despite Trade Tensions
PwC last week released a report on Q3 merger and acquisition (M&A) activity, showing an uptick in momentum despite the trade headwinds that continue to swirl around the world (namely, between the U.S. and China). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The total value of M&A deals in […]
September Global Crude Steel Production Up 4.4% Year Over Year
Global crude steel production in September rose 4.4% compared with production in September 2017, according to the World Steel Association’s monthly production report. The percent change represents an increase from the previous month, when August production rose 2.7% compared with August 2017. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Week in Review: Earnings Reports, Capacity Utilization and Palladium’s Rise
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 Nucor reported net earnings of $676.6 million in the third quarter. Global zinc and lead demand is […]
This Morning in Metals: ArcelorMittal, Nippon Submit Joint Bid for Essar
This morning in metals news, the final two bidders for India’s Essar Steel have been chosen, businesses are grappling with the reality of no tariff exclusions vis-a-vis the most recent round of tariffs on China and trade ministers met in Ottawa to talk about strengthening the World Trade Organization (WTO). Need buying strategies for steel? […]
Ford Shares Surge After 3Q Earnings Release
Ford Motor Co. released its Q3 financial results on Wednesday, two days after President of Global Operations Joe Hinrichs said the U.S.’s tariff on steel have made U.S. steel more expensive than steel from anywhere else in the world. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The automaker posted […]
