Well, some folks have been talking about it for a while, but figures this week suggest the long-anticipated slowdown has arrived. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Negative numbers out of China have been reported for some months now, particularly falling PMI figures suggesting a steadily deteriorating outlook. […]
Brexit Uncertainty Could Linger Long After March 29 Deadline
March 29 is currently supposed to be the date by which Britain’s future relationship with the European Union is finally settled. MetalMiner’s Annual Outlook provides 2019 buying strategies for carbon steel There are several possible outcomes of varying likelihood. Britain could remain part of the E.U., which is looking comparatively unlikely. Or, it will leave […]
Energy Industry at a Crossroads in the Face of Climate Change
Cutting through the polarized hype on climate change is one of the toughest challenges for firms trying to position themselves and their enterprises for the future. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On the one hand there is a broad green or environmental lobby, which rightly shouts out […]
U.S.-China Trade Talks Making Progress, Trump Says, but What Could a Deal Look Like?
When is a poor deal a bad deal? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook That may be the question we are asking in a few weeks time after U.S. President Donald Trump and China’s president, Xi Jinping, meet sometime in March at Mar-a-Lago, Trump’s Palm Beach resort. Trump […]
Oil Price Rises on the Back of Supply Concerns
OPEC may not be what it once was, but in concert with non-OPEC countries like Russia the cartel is showing it can still influence prices to its advantage. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After extensive negotiations behind the scenes, Saudi Arabia and Russia have agreed to reduce […]
Automakers Slash Costs, Reshuffle Production Locations
Britain has been in paroxysms of concern over the fate of its car industry. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In January, Jaguar Land Rover (JLR), announced it will lay off 4,500 employees as part of a plan to save £2.5 billion ($3.2 billion) in the face of […]
LME Moves to Save the Cobalt Contract
You can’t please all of the people all of the time and the more people you are trying to please the harder it gets. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook When you are the largest and oldest metals exchange in the world and are trying to balance often […]
Supply Worries Drive Iron Ore Prices to New Heights
Two major dam disasters in three years are enough to put the frighteners on investors and get the media abuzz with talk of supply-side shortages. Yet as small as Vale’s production loss is, the fact remains the market is relatively tight, and supply is becoming an issue again after many years of plenty. Need buying […]
Aluminum is in Deficit, but Prices Don’t Reflect Any Shortage
The aluminum price has been fluctuating between around $50/ton above and below a median of $1,900 for several months now. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook There is considerable uncertainty as to where it is going to go in 2019, yet some commentators, such as ING Bank, are […]
Is a European Recession Underway? Not Yet, but Growth is Slowing
Everything in the garden may look rosy from the U.S., but there is no doubt that the global economy is slowing. Recent data from Germany suggests the engine of the European Union is suffering as much as anyone. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A Telegraph article last […]