Two major dam disasters in three years are enough to put the frighteners on investors and get the media abuzz with talk of supply-side shortages. Yet as small as Vale’s production loss is, the fact remains the market is relatively tight, and supply is becoming an issue again after many years of plenty. Need buying […]
Category: Commodities
This Morning in Metals: Copper Price Makes Gains
This morning in metals news, the copper price picks up, the Bureau of Labor Statistics released Consumer Price Index (CPI) data and the National Australia Bank lifted its forecast for iron ore. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Rises The London copper price picked up Wednesday, […]
This Morning in Metals: ‘Much Work Remains’ in U.S.-China Trade Talks
This morning in metals news, the White House released a statement about the recent round of trade talks with China, Zambia plans to enforce a copper import tax and Australian miner Fortescue says the impact of a dam breach at one of Vale’s Brazilian iron ore mines remains unclear. Need buying strategies for steel? Request […]
Week in Review: Steel Production, Earnings Reports and Gold
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: Global crude steel production rose 4.6% year over year in 2018, while China’s piece of the pie grew. A dam breach at Brazilian miner Vale’s Corrego do Feijao iron ore […]
This Morning in Metals: Iron Ore Buyers Could Look to Australia After Vale Disaster
This morning in metals news, buyers are turning to Australia after a dam breach at one of Vale’s Brazilian iron ore operations, U.S. Sen. Chuck Grassley (R-Iowa) said the Trump administration should lift its Section 232 tariffs before the United States-Mexico-Canada Agreement (USMCA) is ratified and U.S.-China trade talks are set to resume this week. […]
Week in Review: India’s Auto Sector, BHP Production Totals and Steel’s Slide
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Stuart Burns on the gloomy start to the new year. The Indian government is optimistic about foreign […]
This Morning in Metals: Anglo American Reports 4Q 2018 Production Figures
This morning in metals news, miner Anglo American reported fourth-quarter 2018 production numbers, Freeport-McMoran also reported production numbers and Dalian iron ore rises. Anglo American Copper Production Rises 23% Miner Anglo American’s copper production in the final quarter of 2018 was up 23%, to 183,500 tons, from the same period in 2017. Need buying strategies for […]
India’s Coal Sector is in Need of a Boost
India’s coal sector clearly needs some urgent initiatives from the government in order to give it a boost. Some analysts say it’s time the government opened up commercial coal mining to the private sector. This would have a dual effect — it would attract global coal mining companies and also bring new technology and best […]
This Morning in Metals: China’s Daily Crude Steel Output Fell in December
This morning in metals news, China’s daily crude steel output slipped in December, miner Rio Tinto reported its fourth-quarter production results and Luxembourg-based Tenaris purchased a large stake in the Saudi Steel Pipe Company. Steel Output Slides China’s daily steel output for December fell to its lowest level since March, according to Reuters. Need buying […]
Week in Review: E.U. Steel Quotas, an Automotive Alliance and Brexit Drama
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Earlier this month, President Donald Trump and Prime Minister Narendra Modi chatted about U.S.-India trade relations. Stuart […]
