Crude oil prices may have recovered from their recent lows, but we aren’t going to see a bounce-back anytime soon.
Aluminum’s struggles point to flaws of tariff approach
At least as far as aluminum is concerned, the president’s tariff strategy is in tatters, a recent Reuters article suggests.
After historic gold-silver price gap in March, investors are starting to bet on silver
Something peculiar is going on in the precious metals markets.
Container sea freight rates will likely remain lower for a while longer
A recent article by strategic research firm Stratfor makes dire reading for the shipping industry and their investors. However, the piece holds out hope to consumers that shipping freight rates will likely stay lower for longer as a result of the COVID-19 pandemic, to some extent helping to mitigate the economic damage being caused elsewhere.
Our response to the pandemic may be window to worse to come in the recovery
Lockdown restrictions have initiated the worst contraction in global trade since the Great Depression of the 1930s. Even during the 2008 financial crisis, the volume of exports in Europe only contracted by 11%. This crisis could prove significantly worse, The Telegraph reports. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
What kind of economy can we expect post-lockdown?
The stock market has had its best month in decades and many are clearly looking forward to May with more optimism than they could April, but a series of articles in The Economist suggest we are far from the prospect of a return to normal. Looking for metal price forecasting and data analysis in one […]
Steel industry goes cap in hand for government bailout
Every industry claims to be a special case; in times as dire as these, the clamor of claims all but drowns out sensible debate.
China has a bit of a dilemma … and by extension, so does the rest of the world
After the last crisis, China was instrumental in spurring global growth and helped pull the West and neighboring economies along with it. Through state stimulus, China achieved double-digit growth, far beyond what its underlying economy would have otherwise been capable.
The nickel market first experiences a surplus, then supply fears
Several apparently contradictory recent articles have reported the rise in nickel prices following supply disruptions to miners as a result of the spread of the coronavirus. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Reuters reported that just a few weeks ago market surpluses were expected. […]
Aluminium prices likely to remain lower for longer
Two articles in Reuters this week support observations we have made in posts this month and paint an encouraging picture for aluminum consumers, if not for producers, facing the first half of this decade. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!