This morning in metals news: Rio Tinto and Schneider Electric have signed a memorandum of understanding to “develop a circular and sustainable market ecosystem for both companies and their customers”; meanwhile, Norilsk Nickel announced it has begun production of carbon-neutral nickel; and, lastly, the city of Savannah, Georgia, is attempting an aluminum cup pilot program. […]
Category: Company News
This Morning in Metals: Court dismisses challenge to Section 232 duties on Canadian steel
This morning in metals news: the U.S. Court of International Trade granted defendants’ motion for partial dismissal of a challenge to the U.S.’s Section 232 duties on Canadian steel; the Midwest is the heart of U.S. wind capacity; and, lastly, U.S. Steel released its second-quarter guidance. Each month, MetalMiner hosts a webinar on a specific […]
Today’s Metal News: US steel capacity utilization climbs to 82.9%.
This morning in metals news: the U.S. steel sector’s capacity utilization rate rose to 82.9% last week; Cleveland-Cliffs will demolish the site of the former AK Steel Ashland mill; and, lastly, the Energy Information Administration sees higher natural gas prices in the year ahead. The MetalMiner Best Practice Library offers a wealth of knowledge and […]
Belgian government plans to give loan to Liberty Steel asset
The government of Belgium’s Walloon Region plans to provide a loan to Liberty Steel’s Liberty Liège-Dudelange (LLD) rolling and coating asset while seeking a new buyer for it. The move follows the March collapse of the steelmaking group’s main creditor, Greensill Capital. “In this context, the company LLD is in the process of judicial reorganization […]
This Morning in Metals: General Motors to help develop hydrogen fuel cell systems for aircraft
This morning in metals news: General Motors will collaborate with Liebherr-Aerospace to develop hydrogen fuel cell power generation systems for aircraft; meanwhile, the copper price continues to slide; and, lastly, Rio Tinto has opened a new scandium plant in Canada. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers […]
Summary of the Week: Boeing-Airbus Conflict, Copper Price Trends, and Stainless Steel Demand
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: Stop obsessing about the actual forecasted nickel price. It’s more important to spot the trend. See why. Week of June 14-18 (Boeing-Airbus dispute, copper prices and much more) What will Britain’s trade […]
This Morning in Metals: Volvo expands electric vehicle production in South Carolina
This morning in metals news: Volvo plans to expand its electric vehicle production in South Carolina; U.S. import prices increased by 1.1% in May; and, lastly, Ford Motor Co. says Q2 2021 EBIT will come in higher than its expectations. More MetalMiner is available on LinkedIn. Volvo to expand EV production in South Carolina Automaker […]
Boeing-Airbus dispute achieves removal of tariff threats, if not actual resolution
The Financial Times is among many news sources reporting on the announcement made this week in Brussels that the E.U. and U.S. will end 17 years of litigation over claims and counterclaims that both Boeing and Airbus have received unfair state support in one form or another. Both sides have won cases at the World […]
German flats producer Salzgitter-Flachstahl warns of delays after lightning strike
German integrated flats producer Salzgitter-Flachstahl has warned its customers of potential delays to deliveries after a lightning strike at the plant impacted steelmaking and rolling operations, a company official told MetalMiner. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events […]
This Morning in Metals: US, EU reach deal to end long-running Boeing-Airbus dispute
This morning in metals news: the U.S. and E.U. have reportedly reached a deal to end the long-running Airbus–Boeing dispute over state subsidies; meanwhile, U.S. steel capacity utilization touched 82.6% last week, the American Iron and Steel Institute reported; and, lastly, Cleveland-Cliffs announced increases to its second-quarter and full-year 2021 financial guidance. The MetalMiner Best […]
