This morning in metals news, the iron ore price continues to rise, the U.S. cut its import tariff on Turkish steel in half and copper is on its way to its fifth consecutive weekly loss. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Rises After Vale Warning The […]
Category: Commodities
This Morning in Metals: Vale Announces $2.5B Investment in Dry Iron Ore Processing
This morning in metals news, Brazilian miner Vale SA has plans to invest approximately $2.5 billion over the next five years in dry iron ore processing, Rusal reported a drop in its first-quarter profits and copper prices bounced back. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Processing Plans Miner Vale […]
Week in Review: Climate Change, China Tariffs and Iran Sanctions
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 delved into the role of climate change and the opportunity for innovation to meet environmental […]
This Morning in Metals: Vale’s Q1 2019 Iron Ore Output, Sales Fall After Dam Disaster
This morning in metals news, Brazilian miner Vale SA reported its Q1 2019 production totals, ArcelorMittal is idling mills in Europe and U.S. Rep. Betty McCollum questioned Interior Secretary David Bernhardt regarding plans to advance copper-nickel mining in northeastern Minnesota. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Vale SA […]
This Morning in Metals: U.S. Steel Capacity Utilization Rate Reaches 81.7%
This morning in metals news, steel production for the year through May 4 reached 33.7 million tons, Japan’s March steel exports jumped and Dalian iron ore futures made gains on supply concerns. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Production According to the American Iron and Steel […]
This Morning in Metals: U.S. Steel to Invest More Than $1B at Pennsylvania Plants
This morning in metals news, U.S. Steel announced Thursday it plans to invest more than $1 billion at its Mon Valley Works facilities, Australian iron ore exports bounced back in April after being impacted by tropical cyclones in March and the zinc price fell to its lowest level in 2 1/2 months. Need buying strategies […]
Podcast Ep. 6: How One of the Largest U.S. Truck Manufacturers Mitigates Tariff Risk — and Plans for 2020
In the aftermath of the Section 232 tariffs on steel and aluminum going into effect in March 2018, we heard and read a lot about some of the largest American OEMs and their business challenges. For example, Ford Motor Company’s claim that the tariffs cost the automaker $1 billion in profits last year. But what’s […]
Week in Review: Tesla and Panasonic, Indian Steel Exports and Oil Price Trends
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 cooling Tesla-Panasonic relationship. India’s steel exports to the U.S. plunged last year. Belinda […]
OPEC, U.S. Shale Output at Odds as World Faces Tighter Oil Market
What a difference a month makes in commodity markets. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Just a month back, we reviewed the delicate balance OPEC was facing in trying to drive prices higher without having to make further cuts in output. It seemed every time they squeezed the […]
This Morning in Metals: Republic of Congo Makes First Iron Ore Shipment
This morning in metals news, the Republic of Congo made its first export of iron ore, Korean steelmaker POSCO says elevated iron ore prices will put a damper on steel margins this year and global aluminum production in March hit 5.4 million metric tons. Need buying strategies for steel? Request your two-month free trial of […]