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Category: Commodities
This Morning in Metals: Iron Ore Prices Bounce Back
This morning in metals news, iron ore made gains Friday, a Houston metal manufacturer plans to close and Nippon Steel plans to cut its capital spending by 10%. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Prices Rise Chinese iron ore futures rose 4% Friday on heightened restocking […]
This Morning in Metals: China to Impose Tariffs on $75B Worth of U.S. Goods
This morning in metals news, China’s Finance Ministry announced new tariffs on U.S. goods, Germany’s thyssenkrupp is suing over the European Commission’s decision to block a proposed merger with Tata Steel and iron ore prices could continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China to Impose New […]
Trump Reacts Angrily to Rebuttal of Offer to Buy Greenland
President Donald Trump’s suggestion that the U.S. could buy Greenland from Denmark was met with incredulity in Nuuk, Copenhagen and across Europe. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Greenland is not for sale. Greenland is not Danish. Greenland belongs to Greenland. I strongly hope this is not meant […]
This Morning in Metals: Chinese Iron Ore Falls to 10-Week Low
This morning in metals news, Chinese iron ore futures fell to their lowest level in 10 weeks, JP Morgan weighed in on the impact of tariffs on U.S. consumers and Tokyo Steel has decided to hold its prices steady for September. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore […]
This Morning in Metals: China Hopes to Reach U.S. Halfway in Trade Talks
This morning in metals news, China says it hopes to reach a compromise with the U.S. on trade, the U.S. Department of Commerce self-initiated an investigation related to imports of corrosion-resistant steel products and iron ore prices continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Looking for […]
Will Stock Market Falls Lead a Commodity Price Collapse?
We are not stock market investors at MetalMiner. While we may hold shares, either as direct punts or as part of pension or investment funds, we do not consider ourselves stock market experts and, as such, rarely cover market movements unless part of a wider review of financial markets. Need buying strategies for steel? Request […]
This Morning in Metals: China Hongqiao Impacted by Typhoon
This morning in metals news, the world’s top aluminum producer was flooded after Typhoon Lekima, Chinese cities did not meet targets to cut pollution and iron ore prices continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Hongqiao Takes Damages After Typhoon The world’s largest aluminum producer, […]
This Morning in Metals: Iron Ore Prices Continue to Slide
This morning in metals news, iron ore prices this week have plunged, the Energy Information Administration (EIA) released its short-term energy outlook and China could weaken its currency further. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Prices Plunge After reaching five-year highs earlier this year, aided by […]
Week in Review: Trump Announces New Tariffs, Steel Imports Fall and Iron Ore Retraces
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 U.S. steel imports are down 13% through the first half of the year. Norsk Hydro announced it will […]