This morning in metals, steel mills in China’s second-biggest steelmaking province are shutting down, U.S. Steel reports its Q1 financials and Ecuadorian officials are engaging in talks to potentially bring a copper refinery to the country. Chinese Mills Shut Down in Pollution-Curbing Measure Several steel mills in the Chinese city of Xuzhou have been shut […]
Category: Company News
Indian Steel Demand on the Upswing as Bidding for Essar Heats Up
The Indian steel industry is witnessing some interesting times — and not in the sense of the Chinese curse. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook After a hiatus, domestic demand is up. On the other hand, the sector is seeing consolidation as international and domestic steel players spar over […]
This Morning in Metals: U.S. Steel Imports Jump 34% in March
This morning in metals, steel imports rose in March, global steel output was also up in March and miner Antofagasta reported a 10.5% drop in production in Q1. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel Imports Jump in March Citing U.S. Census Bureau data, the American Iron and […]
This Morning in Metals: Chinese Steel Futures Up on Dropping Inventories
This morning in metals news, Chinese steel futures have hit a 1.5-month peak, Mexico is optimistic about reaching a deal on the North American Free Trade Agreement (NAFTA) and miner Freeport-McMoran posted a down quarter. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Steel Futures Rise Chinese steel futures are […]
This Morning in Metals: European Leaders to Address Steel Tariffs in Meetings with Trump
This morning in metals news, European leaders plan to press President Trump on steel this week, the aluminum price could be heading back down after the U.S. opened the door to easing the recently announced Russian sanctions and Glencore is looking into options with respect to recapitalization of one of its DRC copper operations. Need buying strategies […]
Week in Review: MMI Week, Rusal Takes a Hit and Taking on Overcapacity
Before we head into the weekend, let’s take a look back at the week that was and some of the headlines here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In case you missed it, check out our Monthly Metal Index (MMI) reports for: Copper Global Precious Aluminum Raw […]
This Morning in Metals: Thyssenkrupp, Tata Delay Signing Joint Venture Pending Labor Talks
This morning in metals news, big firms Thyssenkrupp and Tata Steel are delaying the signing of a previously agreed to joint venture for their European operations, Chinese steel is retracing and LME zinc has hit a four-month low. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Thyssenkrupp, Tata Delay Inking Deal […]
Trump’s Sanctions Could Hit Trade in Rusal Metal
We could love reading these murky tales about Russian businessmen and their dealings if the reality was not that some of them at least are rather too close to the truth and rather too close to home, (many of them living, as they do, at least part of their time in Western capitals). Buying Aluminum […]
This Morning in Metals: Rusal Shares Plummet After U.S. Sanctions
This morning in metals news, Rusal saw its stock tumble after being hit with sanctions by the U.S., President Trump criticizes China’s auto tariffs and the U.S. Department of Commerce issued a final affirmative determination in its countervailing duty probe of stainless steel flanges from China. Need buying strategies for steel? Try two free months […]
This Morning in Metals: China Responds With $3B in Tariffs on U.S. Goods
This morning in metals news, China responds to the U.S.’s Section 232 tariffs with $3 billion in tariffs on U.S. goods, several firms put in new bids for the distressed Essar Steel, and President Donald Trump and Japanese Prime Minister Shinzo Abe will meet this month to discuss trade. Need buying strategies for steel? Try […]
