This morning in metals news, Arconic Corporation announced it expects to resume operations at its Tennessee facility this week, BHP is looking to expand its iron ore exports from the Port Hedland terminal and China Baowu Steel Group surpassed ArcelorMittal in 2019 as the world’s top steel producer. Looking for metal price forecasting and data analysis […]
Category: Commodities
Week in Review: Aluminum production up; automotive struggles; oil prices plunge
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, including coverage of: a potential copper find in Cornwall; the automotive sector’s struggles; falling oil prices; rising aluminum production and much more. Looking for metal price forecasting and data analysis […]
This Morning in Metals: U.S. steel imports reach 1.6M tons in March
This morning in metals news, U.S. steel import levels increased from February to March, new home sales declined and BHP reviewed its operations for the nine-month period ending March 31. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Rio Tinto: China demand recovering, ‘uncertain’ outlook elsewhere
Rio Tinto recently released its Q1 production results, a quarter in which the coronavirus outbreak overwhelmed health systems, disrupted supply chains and led to downward revisions of economic growth forecasts. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Even so, Rio Tinto’s production levels, while down […]
Oil for nothing: prices plummet, Texas Railroad Commission considers production cuts
Well, it happened: negative oil. As we wrote some weeks ago, the possibility of negatively priced oil has become a reality. Producers desperate to make delivery against CME contracts have been forced to pay leaseholders on space at the Cushing oil depot to take deliveries off their hands. Looking for metal price forecasting and data […]
This Morning in Metals: Vale iron ore production down 18%
This morning in metals news, Brazilian miner Vale’s iron ore production dropped 18% in Q1, U.S. total energy exports exceeded imports in 2019 and China has imposed new scrap import quotas. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Week in Review: Pressure on steel; falling oil prices; housing starts plunge
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, including coverage of: steel prices; container traffic trends; housing starts; oil prices; E.U. anti-dumping duties on stainless steel; and much more. Looking for metal price forecasting and data analysis in […]
Oil price collapse is far from over … but now the U.S. has a role
The president tweeted and the world’s media rushed out news reports on Sunday that a deal had been reached between Saudi Arabia, Russia, OPEC and the U.S., a deal that would reduce oil output by nearly 10 million barrels a day to support prices and save oil-producing countries’ budgets. Looking for metal price forecasting and […]
This Morning in Metals: Great Lakes region steel production plunges
This morning in metals news, Great Lakes steel production plummets, Northshore Mining on Minnesota’s Iron Range is being idled through August and the Pilbara Ports Authority recently reported March port data. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
COVID-19 pandemic to hamper India’s iron ore export business
Like its metals markets, India’s mining sector is in a state of turmoil because of the ongoing COVID-19 pandemic. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! A new report by data analytics company GlobalData has forecast India’s iron ore exports will decline by around 25% […]
