Before we head into the weekend, let’s take a look back at the week that was here on MetalMiner, which included coverage of the Section 232 tariffs, the recent metals price pullback, China’s warning to commodity speculators and much more: Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars […]
Category: Company News
This Morning in Metals: US steel capacity utilization dips slightly to 79.0%
This morning in metals news: the US steel capacity utilization rate reached 79.0% last week; the state-owned Indonesia Battery Corporation and South Korea’s LG will build a $1.2 billion battery plant in Indonesia; and the copper price has cooled since reaching an all-time high earlier this month. Each month, MetalMiner hosts a webinar on a […]
This Morning in Metals: Norsk Hydro explores potential uses for bauxite residue
This morning in metals news: Oslo-based Norsk Hydro has reached an agreement with a Brazilian university to explore the potential uses of bauxite residue from its mining operations; US natural gas-fired generation declined over the first four months of the year; and existing-home sales fell in April. Each month, MetalMiner hosts a webinar on a […]
Week in Review: Copper overheating?; cobalt pilot project; MetalMiner webinars
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including copper price developments, an upcoming MetalMiner webinar and more: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and […]
This Morning in Metals: MetalMiner webinar to cover allocation markets, signs buyers should monitor
This morning in metals news: an upcoming MetalMiner webinar will cover the signs metals buyers should look out for when assessing when allocation markets might be coming to an end; meanwhile, Ford Motor Co. took home a prize for advanced high-strength steel innovations; and, lastly, steel prices continue to rise. The MetalMiner Best Practice Library […]
This Morning in Metals: Companies launch solution for end-to-end cobalt traceability
This morning in metals news: several companies have collaborated on a solution that aims to allow for end-to-end cobalt traceability; meanwhile, the Associated General Contractors of America said rising materials prices threaten the economic recovery; and, lastly, the US, Canada and Mexico issued a trilateral statement on the United States-Mexico-Canada Agreement. The MetalMiner Best Practice […]
This Morning in Metals: UC Rusal to demerge high-carbon assets, change name to AL+
This morning in metals news: UC Rusal will demerge its high-carbon assets; meanwhile, steel industry groups issued a renewed call to the Biden administration to ask him to keep the Section 232 steel tariff in place; and the copper price has picked back up this week. You want more MetalMiner on your terms. Sign up […]
Companies team up to search the deep seas for coveted battery materials
Clean energy vehicles, such as electric vehicles (EV), are not really 100% “clean.” That is mostly because of the environmental toll of mining. Such mining generates incredible amounts of waste. Furthermore, it leads to damage of nearby flora and fauna. By 2040, mineral demand for clean energy technologies will likely quadruple. That’s a cause for […]
New ArcelorMittal hot strip mill Completed by in Mexico this year
ArcelorMittal Mexico plans to complete the construction of a new hot strip mill with a 2.5 million metric ton capacity at its steelmaking site in Lazaro Cardenas by the end of 2021, the Luxembourg-headquartered group said. The new mill would produce HRC for the non-auto, domestic and industrial use sectors. The mill is part of […]
Sanjeev Gupta’s GFG Alliance faces scrutiny from UK’s Serious Fraud Office
The UK’s Serious Fraud Office (SFO) has gone public investigating charges that Sanjeev Gupta’s GFG Alliance (Gupta Family Group Alliance) holding company and subsidiaries, such as Liberty Steel, has been involved in fraud, fraudulent trading and money laundering. As such, that has almost certainly put the end to refinancing efforts, at least for parts of […]