This morning in metals news, the United States Trade Representative outlined the mini-trade deal reached with China late last week, ArcelorMittal and Nippon Steel completed their acquisition of Essar Steel, and the Pilbara Ports Authority saw its November throughput increase 8% year over year. Looking for metal price forecasting and data analysis in one easy-to-use […]
Category: Commodities
Week in Review: Tariffs on Argentina, Brazil?; nickel prices slide; Saudi Aramco debuts on Riyadh exchange
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Stuart Burns on President Donald Trump’s recent announcement regarding tariffs on steel and aluminum […]
This Morning in Metals: Green Deal seeks to make Europe carbon-neutral by 2050
This morning in metals news, the European Steel Association (EUROFER) offered its reaction to the new European Green Deal, China’s steel output could fall next year and China’s imports of iron ore dropped in November. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! EUROFER lauds carbon […]
Finally, Saudi Aramco’s IPO happens — to more of a damp squib than fanfare
After much delay and considerable uncertainty, Saudi Aramco finally got its IPO away, albeit only on the domestic Saudi market and not in New York, London or Hong Kong – yet. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Shares were priced at $8.53, or 32 […]
India could become net importer of iron ore next year
Talk about an own goal. India, the fourth-largest iron ore producer in the world, could become a net importer next year, Cogencis reported recently. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In the April-September period this year, India imported 900,000 tons of iron ore and […]
Week in Review: Steel production, the December MMO and gold prices
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: Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Global steel production contracted in October, according to the World […]
IEA warns of imminent oil glut, putting pressure on global prices
Conventional wisdom has suggested we are headed for a significant oil surplus next year, with some commentators talking about a glut. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Even respected industry publications like OilPrice.com headlined “IEA Warns Of A Looming Oil Glut […]
Europe invests heavily in electric vehicle battery production
Europe is sometimes — often, even — chided for its slow decision-making, which is seen by many as a product of being a “Club of 27” and the need to gain consensus for coordinated action. But a recent FT article describes an impressively fast response to Europe’s realization that it is being left behind in […]
November’s best: Nickel supply, steel prices and the copper deficit
It has been a busy, busy year for metals, ranging from steel prices’ trajectory as we head toward 2020 to nickel prices’ reaction to Indonesia’s impending nickel ore export ban. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. While it’s hard to believe, […]
This Morning in Metals: Average gas prices similar to past two Thanksgivings
This morning in metals news, gas prices this Thanksgiving were similar to levels the previous two years, Tata Steel has confirmed job cuts in the U.K. and a partnership may form toward development of new copper projects in Peru. Keep up to date on everything going on in the world of trade and tariffs via […]
