As we noted earlier this week, the Cleveland-Cliffs acquisition of ArcelorMittal USA came at a price tag of $1.4 billion. This comes after Cleveland-Cliffs acquired AK Steel earlier this year (among other things, AK Steel is the lone remaining U.S. producer of electrical steel). The deal includes nearly all of the ArcelorMittal subsidiary’s North American facilities […]
The MetalMiner Team
Don Hauser: Five things to watch out for heading into steel contracting season
This has been a volatile year for global markets, with already slowing economic growth compounded by the destructive impact of the coronavirus pandemic.
June update to MetalMiner’s Annual Outlook now available on Insights
Back by popular demand, the MetalMiner Long Term Outlook report has been updated effective June 25. These prices represent MetalMiner’s latest long-term outlook for the base metal complex (aluminum, copper, nickel, lead, zinc and tin), along with the four forms of flat rolled steel (HRC, CRC, HDG and plate).
Q&A: Raistone Capital on Section 301 tariffs, refund process
Editor’s Note: MetalMiner has recently partnered with Raistone Capital to help manufacturing organizations claim and quickly obtain access to cash refunds for Section 301 tariffs paid on products that are on the exclusion list. Tariff refunds help buying organizations add actual dollars to their bottom line. Tariff exclusions are published in the Federal Register (there […]
Amid widespread environmental fallout, where does China’s metal mining sector go from here?
Environmental damage caused by mining and refining processes like smelting are not uncommon. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In the last two years alone, one site lists 10 major tailings dam failures alone; environmental damage from tailing ponds is only the thin end […]
Cliffs-AK Steel merger not likely to leapfrog EAFs
Cliff’s acquisition of AK Steel suggests it can leapfrog EAF steel producers like Nucor and SDI with a better raw material cost structure, cost synergies and new pig iron production.
Trump Drops Metals Tariffs on Canada, Mexico; What’s the Impact on Steel, Aluminum Prices?
President Donald Trump announced today the removal of the U.S.’s Section 232 tariffs on steel and aluminum with respect to NAFTA partners Canada and Mexico. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The tariffs had remained in place since June 1, 2018, when temporary exemptions for Canada, Mexico and […]
Are CME HRC Futures Ready for Prime Time?
The Chicago Mercantile Exchange (CME) hot-rolled coil (HRC) steel futures market finally demonstrated increased liquidity during 2018, about five years following its introduction in February 2014. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Both volume of trading and open interest numbers showed improvement during 2018, as evidenced by increasing […]
The Latest China Supply Risk You Need to Know About
Thought you had the China supply risks covered? More than one supplier, multiple logistics options, natural disaster contingency planning… yep? Try this: employee arrest and detention. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Here’s What Happened As we reported soon after it happened last week, the Bureau of Consular […]
Final Monthly MMI Report of 2018 Is Now Available
The December Monthly Metals Index (MMI) report is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook While a few sub-indexes saw some gains from November to December — Copper, Global Precious Metals and Automotive MMIs, among them — the real story seemed to be the decline in […]
