Category: Commodities

Week in Review: Oil recovery awaits OPEC deal; construction spending up 6%; aluminum stocks remain elevated

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: oil prices; construction spending; automotive sales; precious metals; aluminum stocks; and much more. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]

This Morning in Metals: Oil producers reach tentative deal on output cuts … but Mexico holds out

This morning in metals news, oil producers on Thursday (including Saudi Arabia and Russia) reached a deal in principle to slash output, ArcelorMittal is laying off new hires and Chinese iron ore futures made gains to close the week.

This Morning in Metals: Year-to-date U.S. steel production down 2.7%

This morning in metals news, U.S. steel production during the year to date is down 2.7%, a rise in demand for niche steel products could benefit Chinese steel mills and iron ore shipments from Australia’s Frances Creek mine are set to resume. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]

Shakeout from oil price forces alliance of foes

Shakeout from oil price forces alliance of foes

Boasts of a deal between Saudi Arabia and Russia, leaders of the OPEC+ oil producers alliance, to lead cuts in output by 10 million to 15 million barrels per day may have boosted oil prices for the time being. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights […]

Week in Review: Oil prices plunge; auto sales slump in Q1; steel output up in February

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: oil prices, Section 232 steel tariffs, the gold market, PMI numbers, steel production and more. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]

Could we be on the way to $10 per barrel oil?

Could we be on the way to $10 per barrel oil?

Popular investor inclination may be that after such a dramatic fall, the oil price has to bounce back, that investor sentiment on the downside was an overreaction. That inclination might also say after a chance for reflection has been allowed, prices will recover. But the reality is all we can reliably expect is a period […]

Week in Review: Housing starts surge; aluminum mills go green; iron ore price falls

Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of: U.S. housing starts; aluminum mills taking steps to make their operations more green; iron ore prices; and the European steel sector. Looking for metal price forecasting and […]

Finally, gravity is reasserting itself on iron ore prices

Finally, gravity is reasserting itself on iron ore prices

Just as we were about to go to press with an article on the surprising resilience of seaborne iron ore and coking coal prices in Asia, the market in Asia closed yesterday with heavy falls – they beat us to it. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]

MetalMiner’s pop-up webinar overviews coronavirus, oil price impacts

How will the coronavirus outbreak and oil price volatility impact metal prices in 2020 and how can industrial metal buying organizations be prepared for what’s ahead? Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! This past Friday, the MetalMiner team hosted a pop-up webinar on that […]

This Morning in Metals: Turkey launches WTO dispute over E.U.’s steel safeguard

This morning in metals news, Turkey has objected to the E.U.’s steel safeguards at the World Trade Organization (WTO) level, copper prices continue to plummet and Chinese iron ore prices took heavy losses Monday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!

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