Readers in North America can be excused for puzzling why Europeans worry overly about the so-called “Eurozone crisis.” Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook They seem to come around periodically. There is a great deal of noise and some volatility in the stock markets, but eventually — whether […]
Stuart Burns
Credit Suisse Downgrades U.S. Steel Sector Despite Tariff Boon
It seems almost inconceivable that Credit Suisse could be downgrading expectations for the US steel sector, as recently reported by Reuters. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It feels counterintuitive that an industry buttressed by 25% import tariffs would not be riding the crest of a wave, particularly […]
Iron Ore is Defying Gravity (For Now)
Despite the turmoil of an escalating war of words and the prospect of a full-blown trade war, the price of iron ore has remained remarkably robust this year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook As the primary ingredient in the most basic of manufacturing materials, steel, you may […]
Liberty House Set to Snap Up Yet Another Steel Asset in Europe
A couple of weeks back, we covered ArcelorMittal’s takeover of Italy’s Ilva, Europe’s largest producer of flat-rolled carbon steel. We observed at the time that ArcelorMittal was one of a few firms capable of funding the cleanup and modernization of Italy’s polluting giant. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Latest Tragedy at Indian Steel Plant Again Raises Red Flags Regarding Safety Standards
Loss-making balance sheets and cost-cutting in — or lax — oversight of health and safety can go hand in hand; they are often examples of poor management. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The aforementioned also sometimes go hand in hand with state ownership – in both the […]
London Metal Exchange Announces New Contracts as Competition Rises
The London Metal Exchange is feeling the heat from rivals CME and the SHFE, it would seem. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In an announcement last week reported by Reuters, the 141-year-old exchange advised it was introducing a plethora of new contracts to woo customers increasingly attracted […]
We Could Be in the Early Stages of a New Cold War
A new Cold War — does that sound ridiculous? Does it sound alarmist? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It would have been a month or more back, but today it is a plausible statement. A post by Edward Luce in the Financial Times refers to a Bloomberg […]
Not All Oil Shocks Are the Same
Drawing from an Economist article, there are at least two kinds of oil shock and they can have a distinctly different impact on the economics of the day. Arguably, what we have seen this last 18 months represents the first kind oil shock. We have adjusted to price rises as the months have gone by, […]
NAFTA — Now USMCA — Agreed to at Last
You have to ask, after all the damage that America’s threats to rip up the North American Free Trade Agreement (NAFTA) has done to the relationship between the three member countries, whether the eventual outcome this week was worth it. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Naturally enough, […]
China is Taking a Breather in its War on Smog This Winter
In recent years China’s steel sector — particularly the large, state-owned steel mills — have benefited from the enforced closure of capacity on environmental grounds during the winter heating season. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Contrarian as it may at first sound, closure of private mills largely […]
