Oil producers and the OPEC+ group, in particular, are feeling the impact of the coronavirus (Covid-19), much like the metals sector. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo OPEC has been struggling to keep the market in balance for the last few […]
Category: Commodities
Week in Review: Tesla’s battery play; supply chains under stress; E.U.-U.K. trade talks
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: Tesla’s struggle between price competitiveness and battery range; supply chains amid the coronavirus outbreak; U.S. industrial production; zinc’s global supply deficit; and E.U.-U.K. trade talks. Looking for […]
This Morning in Metals: Australian miner Fortescue posts strong 1H FY 2020
This morning in metals news, Australian miner Fortescue reported financial results for the first half of fiscal year 2020, Chinese iron ore futures rise and the LME primary three-month aluminum price slides. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
This Morning in Metals: Jingye Group pitches French government on British Steel deal
This morning in metals news, China’s Jingye Group has reportedly written to the French government in an effort to keep its takeover of the insolvent British Steel afloat, Liberty Steel faces challenges at its South Carolina mill and iron ore prices continue to surge. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s […]
This Morning in Metals: Germany’s Thyssenkrupp cites ‘difficult economic environment’ in latest earnings report
This morning in metals news, Thyssenkrupp’s earnings fell last quarter, the U.S. Department of Commerce announced affirmative preliminary circumvention rulings regarding imports of corrosion-resistant steel products and Brazil’s Vale has been overtaken as the world’s No. 1 iron ore producer. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. […]
Week in Review: Copper prices; British Steel roadblock; U.S. auto sales
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 prices and the coronavirus’ impact; European steel consumption; Jingye’s British Steel takeover bid; U.S. steel production; automotive sales and more. Improve metal purchase timing and mitigate price […]
Eskom’s monopoly on South African power production finally comes to an end
South Africa, the primary or major source of so many critical metals, is caught in a Catch-22 situation of its own making. Request a 30-minute demo of the MetalMiner Insights platform now. The mining industry is a major employer in South Africa and contributes some 7% of national GDP. The impact of mining goes beyond […]
Do falling commodity prices mean we are in bear territory?
Iron ore, coking coal, oil and the base metals have all taken a hit over recent weeks. Generate hard savings on your metal buys year-round; trial MetalMiner’s monthly outlook report In some part that’s due to a stronger dollar. To a larger degree, however, it’s due to fear that the steps being taken to contain […]
Week in Review: Aluminum prices; Trump signs USMCA; Brexit hour is near
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: aluminum production and prices; Trump’s tariffs on aluminum and steel derivatives; the coronavirus’ potential impact on iron ore; General Motors’ electrification drive; and the arrival of Brexit. […]
Coronavirus likely to impact steel, iron ore demand in 2020
Another victim of China’s coronavirus epidemic could well be the iron ore price. Iron ore had a stellar 2019, reaching a five-year high of $125 per ton in July on the back of Vale SA’s Brumadinho mining dam disaster and Cyclone Veronica, which struck Western Australia in March. Looking for metal price forecasting and data […]