The Raw Steels Monthly Metals Index (MMI) rose by 7.8% for this month’s reading, as steel prices continued to rise. Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices. Steel price gains slow As we’ve chronicled in this monthly column, steel prices have been rising consistently since […]
Category: Company News
This Morning in Metals: Rio Tinto reaches new financing deal for Oyu Tolgoi
This morning in metals news: miner Rio Tinto announced it had reached a financing plan with Turquoise Hill Resources for the Oyu Tolgoi copper mine in Mongolia; meanwhile, the United States International Trade Commission (USITC) made a countervailing duty ruling on chassis and subassemblies from China; and, lastly, China’s National Bureau of Statistics released Producer […]
Week in Review: US steel capacity utilization; European steel; copper market shift
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Week in Review, April 5-9 (steel capacity utilization, […]
This Morning in Metals: Aluminum Association calls for changes to Section 232 exclusion process
This morning in metals news: the Aluminum Association this week called for reforms to the Section 232 exclusion process; meanwhile, Volvo Cars reported a record first quarter in sales; and, lastly, Chilean miner Codelco requested arbitration with Ecuador regarding the Llurimagua project. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to […]
This Morning in Metals: Ford China reports 73.3% sales jump
This morning in metals news: Ford China announced its sales rose by 73.3% year over year; meanwhile, the Energy Information Administration (EIA) released its Short-Term Energy Outlook; and, lastly, Rio Tinto announced it had achieved battery-grade lithium at its Boron plant. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Ford […]
Rare Earths MMI: Greenland party opposed to rare earths mine project wins election
The Rare Earths Monthly Metals Index (MMI) fell by 1.9% for this month’s reading, as the Greenland elections this week could have significant ramifications for a rare earths project in the country. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying […]
Vedanta wants to set up new copper smelter, three years after Tamil Nadu shutdown
The Vedanta copper plant in India remains shut three years after local residents protested against pollution stemming from the plant’s operation. That, however, has not fazed the Vedanta Group. Get social with us. Follow MetalMiner on LinkedIn. Vedanta to set up new copper smelter Vedanta now plans to set up yet another plant in the […]
This Morning in Metals: Court of International Trade rules in favor of plaintiff contesting Section 232 derivatives duties
This morning in metals news: the US Court of International Trade issued a Section 232-related ruling; General Motors announced the manufacturing locations of its first-ever Chevrolet Silverado electric pickup and GMC Hummer EV SUV; and, lastly, top copper producer Chile closed borders. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to […]
This Morning in Metals: US steel capacity utilization reaches 77.9%
This morning in metals news: the US steel capacity utilization rate ticked up to 77.9% last week; Novelis announced new sustainability targets; and the United States International Trade Commission (USITC) issued a ruling on seamless carbon and alloy steel standard, line and pressure pipe. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you […]
Automotive MMI: Automakers race ahead to strong Q1 2021 auto sales
The Automotive Monthly Metals Index (MMI) rose by 2.5% for this month’s reading, as Q1 2021 auto sales surged. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. US automotive sales The first quarter is in the rear-view mirror. General […]
