This morning in metals news, the metals supply situation is complicated, Russian steel producer NLMK‘s output rose 3% last year and copper dropped the most it had in almost six weeks. MetalMiner’s Annual Outlook provides 2018 buying strategies for carbon steel What is the Supply Situation? According to Reuters, stocks of metals in LME industrial […]
Category: Company News
Rio’s Massive Dunkerque Aluminum Smelter to Change Hands
Sanjeev Gupta, the industrial buyer of distressed steel, aluminum and coal assets (to name just a few of the areas he has expanded into in recent years), has so far managed an uncanny knack of good timing. Need buying strategies for steel in 2018? MetalMiner’s Annual Outlook has what you need Buying steel assets just […]
This Morning in Metals: Proposed Law Could Offer Fewer Protections for U.K. Steel Industry than E.U. Regulations, Union Warns
This morning in metals news, a law proposed in the U.K. could have a negative impact on the domestic steel industry as the country moves forward with Brexit talks, steel production in the U.S. Great Lakes region has jumped to start the year, four firms have submitted resolution plans for Electrosteel Steels and the U.S. […]
This Morning in Metals: Steel Dynamics Earnings, Iron Ore Price Forecast, China Falling in Love with Used Cars
This morning in metals, a major player in domestic steel announced when its full-year earnings call will drop, China looks to be giving used cars some love, and Australia’s government appears a bit bearish on iron ore in the next couple years. Two-Month Trial: Metal Buying Outlook Iron Ore Price Forecast for 2018-2019 Australia’s Department of […]
Week in Review: Chinese Capacity Cuts, Podcast Ep. 4 and Bitcoin
Before we come to the end of the first business week of 2018, let’s look back at some of the stories on MetalMiner so far this year: Chinese supply-side reforms generally have a big impact on metal prices — such was the case for copper, as our Stuart Burns wrote early this week. In case […]
This Morning in Metals: Chinese Steel Futures Fall Ahead of Dropping Demand
This morning in metals news, Chinese steel futures fell, iron ore has done well to start 2018 and a new copper deposit has been discovered in Ecuador. Two-Month Trial: Metal Buying Outlook Chinese Steel Futures Break Three-Day Upward Streak Chinese steel futures fell on Thursday, breaking a three-day streak of gains, according to Reuters. The […]
Tata Steel Looks to Build on Solid 2017 Performance
Tata Steel has a couple of things going for it in the new year — but before we get into that, 2017 was a bit kinder to it than the preceding two years. And we are not saying that, but the CEO and MD of Tata Steel, T.V. Narendran himself, told a gathering of employees […]
This Morning in Metals: U.S. Raw Steel Closes 2017 with 1.63M NT Output
This morning in metals news, U.S. raw steel production for the final week of 2017 hit 1.63 million net tons, some Indian steel companies are upset about a hike in iron ore prices and zinc hits a 10-year high Raw Steel Production to Close ’17 Falls From Previous Week According to weekly data from the […]
