This morning in metals news: copper prices have stabilized over the last month; U.S. natural gas prices have surged to their highest level since 2014; and, lastly, Cleveland-Cliffs released its second-quarter results. Receive the latest short-term and long-term outlook for the full range of industrial metals (base and ferrous) at the annual MetalMiner Forecasting Workshop […]
Category: Commodities
This Morning in Metals: Global aluminum production rises in June
This morning in metals news: global aluminum production rose in June compared to last year, the International Aluminum Institute reported; Ford of Europe reported its Q2 sales; and, lastly, June electricity demand surged amid a heat wave in the Pacific Northwest. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming […]
China to ramp up coal production to meet demand
While the rest of the world is trying to com to grips with the European Union’s proposed carbon border adjustment mechanism (CBAM) – which calls for the levying of charges on non-E.U. products in relation to their embedded carbon footprint — China, on the other hand, is currently grappling with a slightly different energy-related issue. […]
This Morning in Metals: Rio Tinto reports Q2 production results
This morning in metals news: Rio Tinto reported its Q2 production results; U.S. unemployment rates were down in seven states in June; and, lastly, the U.S. once again led the way in petroleum and natural gas production last year. You want more MetalMiner on your terms. Sign up for weekly email updates here. Rio Tinto […]
This Morning in Metals: Chinese steel exports surge in June
This morning in metals news: Chinese steel exports surged in June, according to General Administration of Customs data; meanwhile, the average cost for U.S. solar power construction continued to decline in 2019; and, lastly, Cleveland-Cliffs released its Sustainability Report 2020. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be […]
This Morning in Metals: US import prices rise by 1.0% in June
This morning in metals news: import prices rose by 1.0% in June; Saudi Arabia and the United Arab Emirates have reportedly reached a deal to resolve their recent oil output spat; and, lastly, Norsk Hydro recently announced the restart of its aluminum extrusion plant in Sjunnen, Sweden. Receive the latest short-term and long-term outlook for […]
This Morning in Metals: Consumer Price Index up 0.9% in June
This morning in metals news: the Consumer Price Index (CPI) for All Urban Consumers increased by 0.9% in June, the Bureau of Labor Statistics reported today; meanwhile, U.S. crude oil production efficiency increased in the Bakken region in 2020; and, lastly, North American Stainless experienced a production slowdown late last week. The MetalMiner Best Practice […]
This Morning in Metals: GM sales in China rise 5.2% in Q2
This morning in metals news: General Motors reported strong Q2 sales in China; miner Anglo American said it had completed its first maritime biofuel trial; and, lastly, the copper price has trended sideways so far in July. Receive the latest short-term and long-term outlook for the full range of industrial metals (base and ferrous) at […]
Cracks beginning to show in OPEC position on production cuts
In a relatively rare example of disagreement — or, at least, such public disagreement — usually close allies Saudi Arabia and the United Arab Emirates (UAE) have failed to reach agreement last week on an extension to the oil output cuts scheduled to expire in April 2022. Saudi Arabia and the other 23 members of […]
This Morning in Metals: US fossil fuel consumption drops to lowest in nearly 30 years in 2020
This morning in metals news: U.S. fossil fuel consumption last year fell to its lowest level in nearly 30 years; nonfarm payroll employment rose by 850,000 in June; and, lastly, the American Iron and Steel Institute commented on the House’s INVEST in America Act. Each month, MetalMiner hosts a webinar on a specific metals topic. […]
