It is hardly surprising that En+, owners of Russian aluminum producer Rusal, are pressuring the LME to force other aluminum producers to disclose their carbon footprint. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Rusal finds itself in the fortunate position of all […]
U.K. Embarks on its Own Free Trade Experiment
Much was made during the U.K.’s Brexit referendum campaign from those eager for separation from the E.U. about the ease of reaching free trade deals with the rest of the world. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Misguided as these promises […]
Oil Prices Spike on Fears of Middle East Conflict
The drone and cruise missile strikes on Saudi Arabian oil installations this week caused a massive spike in oil prices as the market reacted with surprise to the news — but should it have been such a surprise? The strike said to have been made by some 20 drones and a dozen cruise missiles on […]
European Commission Proposes Lowering Steel Quota Hike to 3%
Lacking a Trumpian figure in overall charge of such measures, import controls take time to be worked out in Europe, as they require consensus among E.U. members that often have conflicting priorities. One issue they do seem to agree on, though, is the need to protect Europe from rising imports of cheap steel products. Need […]
Aluminum Production in China Illustrates Manufacturing Slowdown
GDP figures may be holding up well, but metal consumption in China suggests the global slowdown and the ongoing trade war with the U.S. are taking their toll on China’s manufacturing sector. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Reuters reported top state primary aluminum producer Chalco is quoted as filing an […]
Thyssenkrupp Breakup Talks Resurface as Group Prepares for DAX Exit this Month
No one would argue that Thyssenkrupp has had its fair share of challenges in recent years. Formed from a merger in 1999 between steelmaking giants, Krupp and Thyssen, a recent Sky News article observed, makes them both older than the country of Germany. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Doubts Remain Over Economic Viability of Carbon Capture Tech for Coal-Fired Power
Following a decade of hype, there remains huge debate about the viability of carbon capture as a solution to carbon emissions from coal-fired power stations. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A recent article in the Financial Times lays out both sides of the argument. On the one hand, […]
Trump Reacts Angrily to Rebuttal of Offer to Buy Greenland
President Donald Trump’s suggestion that the U.S. could buy Greenland from Denmark was met with incredulity in Nuuk, Copenhagen and across Europe. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Greenland is not for sale. Greenland is not Danish. Greenland belongs to Greenland. I strongly hope this is not meant […]
Controversial Bidder for British Steel Emerges as Frontrunner
British Steel is still limping along, losing £5 million a week while it continues looking to secure a buyer. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After reporting on the group entering into the Official Receiver’s hands in the spring we have been following its ups and downs in […]
Aluminum Market is in Balance – For Now
Various sources are reporting both a slowing in demand growth and a fall in output for primary aluminum. So far this year, that combination has been led by a faster fall in output, pushing the market into a larger deficit position as the first half progressed. Buying Aluminum in 2019? Download MetalMiner’s free annual price […]