This morning in metals news: Oslo-based Norsk Hydro has reached an agreement with a Brazilian university to explore the potential uses of bauxite residue from its mining operations; US natural gas-fired generation declined over the first four months of the year; and existing-home sales fell in April. Each month, MetalMiner hosts a webinar on a […]
Category: Commodities
Week in Review: Copper overheating?; cobalt pilot project; MetalMiner webinars
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including copper price developments, an upcoming MetalMiner webinar and more: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and […]
This Morning in Metals: Companies launch solution for end-to-end cobalt traceability
This morning in metals news: several companies have collaborated on a solution that aims to allow for end-to-end cobalt traceability; meanwhile, the Associated General Contractors of America said rising materials prices threaten the economic recovery; and, lastly, the US, Canada and Mexico issued a trilateral statement on the United States-Mexico-Canada Agreement. The MetalMiner Best Practice […]
Oil price could hit a different kind of peak oil in the years ahead
The oil price took a hit from rumors that a deal was close with Iran on curtailing its nuclear program, the quid pro quo of which would be easing of the oil export restrictions the US has tried to enforce since former President Donald Trump walked away from the deal in 2018. The oil price […]
Companies team up to search the deep seas for coveted battery materials
Clean energy vehicles, such as electric vehicles (EV), are not really 100% “clean.” That is mostly because of the environmental toll of mining. Such mining generates incredible amounts of waste. Furthermore, it leads to damage of nearby flora and fauna. By 2040, mineral demand for clean energy technologies will likely quadruple. That’s a cause for […]
This Morning in Metals: US steel capacity utilization rises to 79.2%
This morning in metals news: the US steel capacity utilization rate increased by over a percentage point last week; the Census Bureau released data for April residential construction; and average retail gas prices in the US are over $3.00 per gallon for the first time since 2014. With volatile steel markets, knowing which strategy to […]
Week in Review: Copper price surges; USW-ATI standoff continues; iron ore booms
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. In addition, our May 2021 Monthly Metals Index (MMI) PDF is now available for download. The PDF summary includes an executive summary, trends chart and portions of each MMI article […]
This Morning in Metals: Barksdale Resources to acquire Sunnyside copper-lead-zinc-silver project in Arizona
This morning in metals news: Barksdale Resources announced it will acquire 100% of the Sunnyside copper-lead-zinc-silver project in Arizona; meanwhile, Cleveland-Cliffs signs have gone at the former ArcelorMittal Burns Harbor steel mill; and, lastly, the Biden administration has approved the first large-scale offshore wind power project in US waters. The MetalMiner Best Practice Library offers […]
Iron ore prices hit trading limits in Asia
Iron ore prices’ relentless rise this year went into overdrive Monday, hitting a +10% limit up and prompting the Dalian Commodity Exchange to raise trading limits and margin requirements in an effort to calm speculation. Separately, the Shanghai Futures Exchange said it would set fees for closing positions on its steel rebar and hot-rolled steel […]
This Morning in Metals: Century Aluminum reports Q1 net loss despite 14% sales jump
This morning in metals news: Century Aluminum released its Q1 financial results; meanwhile, copper prices continue to surge; and natural gas production plummeted during what was a frigid February in the US. The MetalMiner Best Practice Library offers a wealth of knowledge to help buyers stay on top of metals markets. Century Aluminum releases Q1 […]