With major new projects coming onstream in Australia and the rising output from the U.S. shale producers, the global liquefied natural gas (LNG) market was widely predicted to enter a period of oversupply between 2015-2020, with total supplies growing almost 50%. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook But somewhat to everyone’s […]
Category: Commodities
This Morning in Metals: China Aims to Hit 2020 Steel Capacity Reduction Goal This Year
This morning in metals news, China is aiming to meet its 2020 goal for steel capacity cuts this year, a new bottle technology makes aluminum bottles feel like plastic and copper output in the Democratic Republic of Congo rose significantly in 2017. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese […]
Equities Rout Hits Commodities
Metals have suffered considerable volatility this month with prices sliding, then recovering, then sliding again at the end of last week. Metals markets are not alone in this — equities have been on a slide and many are beginning to ask if this is the end of the bull market that has stretched back nearly […]
This Morning in Metals: Rusal Aluminum Production Rises 1.5% in Q4 2017
This morning in metals news, Rusal saw its fourth quarter 2017 aluminum production rise, commodities generally escaped the brunt of Monday’s market plummet and European steel demand is set to rise in 2018. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Rusal Aluminum Production Jumps According to Platts, Rusal’s Q4 2017 […]
Week in Review: New-Look Diet Coke, Growth in India and Ford’s Future
Before we head into the weekend, let’s take a look back at the week that was and some of the headlines here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Our Stuart Burns talked about the new-look Diet Coke, which will not only come in a series of new […]
USGS: U.S. Mines Produced $75.2 Billion in Minerals Last Year
According to a recent report from the U.S. Geological Survey, the U.S. mining industry produced $75.2 billion in minerals in 2017. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The information was published in the USGS’s annual Mineral Commodities Survey. In the import market, the U.S. was 100% reliant on outside sources for […]
Base Metals Trend Sideways This Month After End-of-2017 Surge
The base metal trendline appears to have shifted sideways this month after skyrocketing at the end of 2017. Market observers can take comfort knowing that after a meteoric rise, it takes time for the price to “digest” previous gains. Base metals prices remain in a more than two-year uptrend, and both base metals and steel […]
India’s NALCO Looks to New Projects After Rising Revenues
It’s been great going for India’s state-owned National Aluminium Company (NALCO). Its revenues in sale of alumina are up by 30% year-over-year and it has reported a 94% jump in net profit. Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! The company has now lined up some new projects. According […]
The Crude Oil Price Continues Upward March Amid Political Turmoil, Demand Growth
Amongst a plethora of news, comment and opinion, it is often like struggling through a jungle when trying to get clarity on the commodities landscape. Sometimes, there is almost too much information. Two-Month Trial: Metal Buying Outlook So, an analysis in the Financial Times entitled “Five things to watch as Brent crude oil nears $70” […]
Trump Looks to Open Up Continental Shelf to Oil Exploration
President Trump is not unused to controversy — some say he even courts it. So, a recent proposal following an executive order signed last April to widen energy exploration should come as no surprise. The draft Five-year Outer Continental Shelf Oil and Gas Leasing Program has been enthusiastically welcomed by the oil and gas industry […]
