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 rising global crude steel production, automotive sector developments and much more: You want more MetalMiner on your terms. Sign up for weekly email updates. Week of April 26-30 (global steel production, […]
Category: Commodities
This Morning in Metals: Ford announces global battery center dubbed Ford Ion Park
This morning in metals news: Ford Motor Co. announced its new global battery center called Ford Ion Park; meanwhile, OPEC nations met via teleconference on Tuesday; and, lastly, the US goods trade deficit rose by 4% in March. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on […]
Oil prices show caution in the face of growing Indian, Japanese infection rates
Cautious production increases by OPEC+ and a strong business cycle upturn have encouraged bullish sentiment about downward pressure on oil inventories and upward pressure on the oil price in the second half of the year, Reuters columnist John Kemp reports in a recent post. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, […]
Week in Review: Aluminum smelter labor deal; copper prices; pandemic challenges for brewers
Before the weekend, let’s take a look at the week that was and the metals storylines here on MetalMiner, including an aluminum smelter labor deal, copper prices, environmental policy developments and more: Find more insight on MetalMiner’s LinkedIn. Week of April 19-23 (aluminum labor deal, copper prices and more) Stuart Burns on copper price movements […]
This Morning in Metals: General Motors debuts new electric vehicle model
This morning in metals news: General Motors debuted its 2023 Cadillac LYRIQ electric vehicle; the House Judiciary Committee advanced a bill that seeks to open OPEC up to lawsuits for price collusion; and Texas is set to add a significant amount of utility-scale solar power. The MetalMiner Best Practice Library offers a wealth of knowledge […]
Week in Review: Steel prices; US electricity consumption; rising aluminum premiums
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 coverage of steel prices, US electricity consumption and much more: Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week of April 12-16 (steel prices, electricity […]
This Morning in Metals: US steel capacity utilization at 77.6%
This morning in metals news: US steel sector capacity utilization fell to 77.6% last week; US import prices rose in March; and the WTI crude price continues to hang steady. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. US […]
Week in Review: US steel capacity utilization; European steel; copper market shift
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Week in Review, April 5-9 (steel capacity utilization, […]
This Morning in Metals: Ford China reports 73.3% sales jump
This morning in metals news: Ford China announced its sales rose by 73.3% year over year; meanwhile, the Energy Information Administration (EIA) released its Short-Term Energy Outlook; and, lastly, Rio Tinto announced it had achieved battery-grade lithium at its Boron plant. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Ford […]
Oil price shakes off relaxation of OPEC+ curbs
In a surprise move last week, OPEC+ announced a further gradual relaxation of the group’s 2020 emergency 9.7 million barrels per day cut in oil output, causing the oil price to briefly retreat. In December, OPEC+ had intended to ease the curb by about 500,000 barrels per day each month in 2021. However, in the […]