Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner:
This morning in metals news, copper demand is set to take a fall this year, iron ore prices are getting a boost and the Pilbara Ports Authority announced new risk-assessment measures.
Sector experts in India are hailing the new coal mining and mineral sector reforms announced a few days ago by the country’s finance minister, believing the reform will open up commercial coal mining, attract investments and save on India’s import bills, thus pushing self-reliance in coal production.
Renewables are not normally a core topic of ours. In recognition of the growing importance of the sector and the legal and incentive landscape that is encouraging investment in such technologies, MetalMiner does produce a Renewables Monthly Metals Index (MMI) that tracks metal input costs to the sector.
But, as a rule, we tend not to cover the sector directly, so see this as a stroll off the reservation today as two posts this week in the Financial Times present both short-term negative issues and longer-term positive issues that some readers may find of interest.
The first five months of 2020 have been quite busy ones for the world of metals.
On this Memorial Day, let’s take a look back at the most-viewed posts on MetalMiner through the first five months of the year.
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner:
This morning in metals news, Cleveland-Cliffs announced plans to increase its flat-rolled steel prices, China’s copper inventories have declined and the iron ore price moved up near $100 per ton Thursday.
This morning in metals news, the Energy Information Administration (EIA) released fuel inventory build projections for Q2, Mexico is preparing to ease its coronavirus restrictions and the U.S. recently announced a move targeting China’s Huawei’s.
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including coverage of: copper prices, the automotive sector’s push to restart production, oil prices and more.
- ArcelorMittal reported its Q1 2020 earnings.
- MetalMiner’s Stuart Burns on the U.S.’s aluminum tariff system.
- Copper prices made some gains in April.
- Updates on the steel sector.
- Don’t expect oil prices to recover to pre-coronavirus levels anytime soon.
- Burns on going “back to work” in the U.K.
- The Stainless MMI ticked up 4.8% this month.
- First Cobalt announced a positive feasibility study for a proposed cobalt refinery in North America.
- India’s steel sector is not happy about a rise in the country’s iron ore exports.