Before we head into the weekend, let’s take a look back at the week that was and the stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Our Stuart Burns writes about the announcement of Russian billionaire Oleg Deripaska’s decision to step down as CEO of Rusal and […]
Category: Company News
This Morning in Metals: Trump Calls for ‘Smart Trade’ in Tweet on Steel, Aluminum
This morning in metals, the president tweets about steel and aluminum (current Section 232 probes under his consideration), Apple’s move on cobalt and China plans to crack down on aluminum price speculation. Section 232 buying strategies – download MetalMiner’s Section 232 Investigation Impact Report today! Trump Tweets About Steel, Aluminum; Announcement Possibly Coming Today According […]
Glencore Releases Preliminary 2017 Financial Numbers
Last week, multinational miner Glencore announced its 2017 preliminary earnings results. “Our performance in 2017 was our strongest on record, driven by our leading Marketing and Industrial asset businesses,” CEO Ivan Glasenberg said in a release. Glencore reported an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $14.8 billion, up 44% from 2016. In […]
Norsk Hydro Bids for Rio Tinto’s Iceland Aluminum Plant
Norwegian firm Norsk Hydro announced Monday that it had put in a bid for Rio Tinto‘s aluminum plant in Iceland, according to a company release. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “We see great potential in exchanging competence and technology elements between our aluminium plants,” said Hilde Merete Aasheim, head of […]
This Morning in Metals: China’s Extension of Production Cuts Boosts Steel, Iron Ore Futures
This morning in metals news, the extension of pollution-curbing efforts in China is offering a boost to iron ore and steel futures, an Australian steel company is nervous about the possibility of Section 232-related steel tariffs from the U.S., and Mexico fined a steel company for stock manipulation. Need buying strategies for steel? Try two […]
Big Names of Steel Look to Acquire Stressed Indian Steel Assets
Steel is the buzzword in India these days. In addition to increased uptake, the revival in the steel cycle has also led to an unlikely output – many steel majors are now showing renewed interest in acquiring stressed Indian steel assets that have been put on the block for loan default. Now, Indian steel is […]
Oleg Deripaska Plans to Relinquish Control of Rusal, En+ Group
The British TV drama “McMafia” may not have reached U.S. shores yet, but viewers in the U.K. have been absorbed in the machinations of a fictional Russian family — with the ironic name of the Godmans — whose mafia past in Moscow catches up with them in their new lives in London. Buying Aluminum in […]
Week in Review: Aluminum Prices, Section 232 Analysis and the VIX
Before we head into the weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook What’s up with aluminum? After a strong 2017 the metal hasn’t seen as much upward movement as some other […]
Is the Lithium Market a Bull or a Bubble Set to Pop?
A while back I was called by a journalist at a prominent paper and asked what I thought about the lithium market. Was it another rare earth metals story – limited supply and rapidly escalating demand? Or, worse, was the world simply going to run out of lithium in the face of surging battery demand […]
This Morning in Metals: Japanese Steel Industry Appeals to Free Trade Principles
This morning in metals news, Japan urges caution in steel Section 232, Kazakhstan’s output of a number of metals jumped month over month in January and Russian billionaire Oleg Deripaska will step down as president of Rusal and En+ Group. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Japanese Steel Industry […]
