This morning in metals news, the E.U. could slap new duties on steel imported from Turkey, Australian energy exports to China have surged and union representatives questioned Alcoa’s efforts to keep its Ferndale, Washington smelter running.
Category: Commodities
Oil prices not likely to see true bounce-back in the near term
Crude oil prices may have recovered from their recent lows, but we aren’t going to see a bounce-back anytime soon.
Week in Review: Copper production; China’s road to recovery; quarterly output updates
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner, including coverage of: copper production; aluminum tariff exclusion reform; the nickel market; global steel production; and much more.
EIA: U.S. energy production exceeds consumption in 2019 for first time since 1957
U.S. energy production exceeded its consumption last year for the first time since 1957, according to the Energy Information Administration (EIA). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. energy production in 2019 grew 5.7% to 101.0 quadrillion British thermal units (quads) and energy consumption […]
This Morning in Metals: Arconic to resume operations at Tennessee facility
This morning in metals news, Arconic Corporation announced it expects to resume operations at its Tennessee facility this week, BHP is looking to expand its iron ore exports from the Port Hedland terminal and China Baowu Steel Group surpassed ArcelorMittal in 2019 as the world’s top steel producer. Looking for metal price forecasting and data analysis […]
Week in Review: Aluminum production up; automotive struggles; oil prices plunge
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, including coverage of: a potential copper find in Cornwall; the automotive sector’s struggles; falling oil prices; rising aluminum production and much more. Looking for metal price forecasting and data analysis […]
This Morning in Metals: U.S. steel imports reach 1.6M tons in March
This morning in metals news, U.S. steel import levels increased from February to March, new home sales declined and BHP reviewed its operations for the nine-month period ending March 31. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Rio Tinto: China demand recovering, ‘uncertain’ outlook elsewhere
Rio Tinto recently released its Q1 production results, a quarter in which the coronavirus outbreak overwhelmed health systems, disrupted supply chains and led to downward revisions of economic growth forecasts. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Even so, Rio Tinto’s production levels, while down […]
Oil for nothing: prices plummet, Texas Railroad Commission considers production cuts
Well, it happened: negative oil. As we wrote some weeks ago, the possibility of negatively priced oil has become a reality. Producers desperate to make delivery against CME contracts have been forced to pay leaseholders on space at the Cushing oil depot to take deliveries off their hands. Looking for metal price forecasting and data […]
This Morning in Metals: Vale iron ore production down 18%
This morning in metals news, Brazilian miner Vale’s iron ore production dropped 18% in Q1, U.S. total energy exports exceeded imports in 2019 and China has imposed new scrap import quotas. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!