After much delay and considerable uncertainty, Saudi Aramco finally got its IPO away, albeit only on the domestic Saudi market and not in New York, London or Hong Kong – yet. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Shares were priced at $8.53, or 32 […]
Category: Commodities
India could become net importer of iron ore next year
Talk about an own goal. India, the fourth-largest iron ore producer in the world, could become a net importer next year, Cogencis reported recently. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In the April-September period this year, India imported 900,000 tons of iron ore and […]
Week in Review: Steel production, the December MMO and gold prices
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: Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Global steel production contracted in October, according to the World […]
IEA warns of imminent oil glut, putting pressure on global prices
Conventional wisdom has suggested we are headed for a significant oil surplus next year, with some commentators talking about a glut. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Even respected industry publications like OilPrice.com headlined “IEA Warns Of A Looming Oil Glut […]
Europe invests heavily in electric vehicle battery production
Europe is sometimes — often, even — chided for its slow decision-making, which is seen by many as a product of being a “Club of 27” and the need to gain consensus for coordinated action. But a recent FT article describes an impressively fast response to Europe’s realization that it is being left behind in […]
November’s best: Nickel supply, steel prices and the copper deficit
It has been a busy, busy year for metals, ranging from steel prices’ trajectory as we head toward 2020 to nickel prices’ reaction to Indonesia’s impending nickel ore export ban. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. While it’s hard to believe, […]
This Morning in Metals: Average gas prices similar to past two Thanksgivings
This morning in metals news, gas prices this Thanksgiving were similar to levels the previous two years, Tata Steel has confirmed job cuts in the U.K. and a partnership may form toward development of new copper projects in Peru. Keep up to date on everything going on in the world of trade and tariffs via […]
Week in Review: ArcelorMittal Closures, Platinum Demand and a Call for a Section 232 Sunset
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 our coverage of: ArcelorMittal’s plant closure in South Africa, the oil price outlook, U.S. steel capacity utilization and steel prices, CAMMU’s call for a Section 232 sunset provision, and […]
Chinese steel, raw material prices are on the rise
Amid the doom and gloom on steel prices – at least for producers, you won’t hear consumers complaining — a couple of Reuters reports suggest some of the relentless pressure on prices may ease early next year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Demand in top consumer China […]
Goldman Sachs is Bullish on Oil Prices in the Long Term
Judging by the share price of shale oil and gas producers, you would think the industry is one from which to keep well away. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Goldman Sachs, however, is recommending clients go long on the premise […]