This morning in metals news, the price of copper has surged to an eight-month high, Nucor earlier this month announced a new coil paint line and iron ore prices were also up on the final Friday of 2019. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
Category: Commodities
Week in Review: Trump’s trade deals, steel capacity utilization and Hindalco’s diversification plans
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: India’s Hindalco, U.S. steel capacity utilization, Trump’s trade deals, the Department of Commerce’s circumvention rulings on steel routed through Vietnam, U.S. industrial production and more. Looking for […]
This Morning in Metals: Alcoa to close Point Comfort alumina refinery
This morning in metals news, Alcoa announced the closure of its Point Comfort alumina refinery, Glencore makes an acquisition and Alro Steel will open a new facility in February 2020. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Alcoa to close Point Comfort refinery Alcoa announced […]
This Morning in Metals: USTR outlines ‘historic’ first phase trade deal
This morning in metals news, the United States Trade Representative outlined the mini-trade deal reached with China late last week, ArcelorMittal and Nippon Steel completed their acquisition of Essar Steel, and the Pilbara Ports Authority saw its November throughput increase 8% year over year. Looking for metal price forecasting and data analysis in one easy-to-use […]
Week in Review: Tariffs on Argentina, Brazil?; nickel prices slide; Saudi Aramco debuts on Riyadh exchange
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: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Stuart Burns on President Donald Trump’s recent announcement regarding tariffs on steel and aluminum […]
This Morning in Metals: Green Deal seeks to make Europe carbon-neutral by 2050
This morning in metals news, the European Steel Association (EUROFER) offered its reaction to the new European Green Deal, China’s steel output could fall next year and China’s imports of iron ore dropped in November. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! EUROFER lauds carbon […]
Finally, Saudi Aramco’s IPO happens — to more of a damp squib than fanfare
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 […]
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 […]