This morning in metals news, the U.S. Supreme Court has rejected a challenge to the Trump administration’s Section 232 tariffs on steel, British MPs are calling for government assistance for the British steel industry and ArcelorMittal is reportedly considering the sale of some of its Canadian iron ore assets.
Category: Commodities
Week in Review: U.S. hits wind power records; China’s semi-finished aluminum exports drop; Tesla makes cobalt deal
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:
India’s first natural gas exchange comes online
India launched its first natural gas exchange earlier this week. The Indian Gas Exchange (IGX) is a nationwide, online delivery-based gas trading platform for delivery of natural gas, Zee News reported.
Despite backdrop of ethical conundrum, Tesla goes to the Congo, Glencore for cobalt
An interesting article in the Financial Times this week explores the conundrum electric car makers have in balancing their ethical policies with the need to source critical raw materials, like cobalt, to produce the most powerful version of today’s electric vehicle (EV) batteries.
This Morning in Metals: U.S. steel capacity utilization ticks up to 54.0%
This morning in metals news, the U.S. steel sector’s capacity utilization rate moved up from the previous week, Australia’s Pilbara Ports Authority recently released shipping data for May and Tesla reportedly plans to expand its cobalt supply relationship with Glencore.
This Morning in Metals: Norsk Hydro updates on April, May production levels
This morning in metals news, Norsk Hydro’s primary aluminum, bauxite and alumina production levels were up in April and May, the Aluminum Association reiterates its stance against the reimposition of tariffs on Canadian aluminum, and April U.S. steel shipments fell 31.5%.
This Morning in Metals: U.S. petroleum demand falls 13% from February to March
This morning in metals news, U.S. petroleum demand took a hit on the heels of the coronavirus outbreak, the Carbon Trust is lobbying for clearer common standards for what can be called “green” aluminum and Australia’s iron ore sector could be set to receive a boost.
What does the future hold for U.S. road haulage after COVID-19?
An intriguing article by McKinsey headlines by asking what the future holds for the U.S. road haulage industry post-COVID-19 but in so doing goes on to illustrate an industry in long-term decline. The collapse in industrial activity has hit the freight transportation and logistics industry hard these last few months, but freight’s problems have been […]
Week in Review: U.S.-China tensions; aluminum prices; aerospace struggles
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:
Week in Review: Mitigating steel price spikes; supply chain impacts; lead, zinc surpluses
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: