To an external viewer, the wheels can appear to grind slowly at the world’s oldest metal exchange. But the years have taught the London Metal Exchange about the danger of hasty rule changes — often made for the best of intentions, such changes can lead to unexpected consequences. Keep up to date on everything going […]
Stuart Burns
Freeport-McMorRan Uses AI to Optimize Production at Arizona Copper Mine
Mining companies are not renowned for their cutting-edge use of the latest technologies; I’m not trying to be derogatory, but mining is not the first industry you think of when talking about the digital age. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
PSA Groupe, Fiat Chrysler to Merge as European Auto Sector Faces Challenges Ahead
The board of France’s PSA, owner of Peugeot, has given chief executive Carlos Tavares approval to launch a full-scale merger with Fiat Chrysler Automobiles, creating one of the world’s largest carmakers, the Financial Times reports. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
British Steel Sale Back Out for Open Tender as Talks with Turkish Buyer End
The British government has ended negotiations with the Turkish company Ataer Holding regarding its bid to buy British Steel, the Steel Times reported. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Ataer owns almost 50% of Erdemir, Turkey’s biggest steel producer, and is also […]
Amid the Latest Economic Downturn, is the Indian Dream Unraveling?
Prime Minister Narendra Modi’s vision for India to become a $5 trillion economy by 2024 is in danger. The current downturn — the third since the financial crisis — looks likely to undo that objective and extend further into the future as the world’s second-most populous country strives to bring large swathes of its population […]
China’s Steel Capacity Rising Just as Demand is Weakening
A recent Platts report offers a worrying picture of overcapacity in the Chinese steel market, which could have ramifications for steel prices worldwide. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. When Europe or the U.S. has an overcapacity issue, domestic producers suffer […]
There’s No Shortage of Iron Ore — There’s a Shortage of it at the Right Cost
Two features of Chinese political and industrial policy have been consistent over the years: the willingness to plan long term and deep pockets to finance those plans. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. A major state-owned steelmaker and mining company, Sinosteel, […]
Copper Supply Grows, Putting More Pressure on Prices
A growing copper supply is not exactly what copper producers wanted to hear, as a new mine with a 100-year life span has been announced. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Prices have been depressed all year, with worries about deteriorating […]
Harsh Economics of Electric Vehicle Market Claim Another Victim in Dyson’s EV Division
It was always going to be a challenge, but British entrepreneur James Dyson has a reputation for taking on what may appear to be insurmountable challenges and winning. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. He disrupted the old order in the […]
Trafigura Takes a Bet on Cobalt, Glencore
Much like Saudi Arabia has been considered the swing producer for crude oil, mining giant Glencore can be considered a swing producer for certain key commodities. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. For example, earlier this year the miner announced it […]
