This morning in metals news: Purdue University researchers have released findings about the impact of organic molecules on machinability; Glencore made an operational update; and the WTI crude oil price ticked up this week. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost […]
Category: Company News
Severstal eyes North American market for LDP exports
Russia’s Severstal plans to target the United States and Canada as an export market for its large-diameter pipe (LDP) products from the Izhora Pipe Mill (ITZ), an official with the steelmaking group told MetalMiner. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Severstal looks abroad Lower consumption and a […]
This Morning in Metals: Rio Tinto commits $10M toward low-carbon steelmaking research partnership with Baowu
This morning in metals news: Rio Tinto has committed $10 million toward its research partnership with China’s Baowu Steel Group; meanwhile, Freeport McMoRan completed the sale of an undeveloped project in the Democratic Republic of the Congo; and, lastly, copper remains at an over seven-year high. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident […]
Renewables/GOES MMI: New wind, solar capacity to come onstream
The Renewables Monthly Metals Index (MMI) gained 7.8% for this month’s index value. (Editor’s Note: This report also includes coverage of grain-oriented electrical steel, or GOES.) Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. EIA: U.S. to add wind, solar capacity to electricity generation mix While an overwhelming majority […]
Nippon Steel looks to increase production capacity overseas
Keeping future demands in mind, Nippon Steel Corp. has decided to focus more on markets like the United States and India. At the same time, it is reducing focus on Japan for the medium term. The aim, according to a top-level executive of the Japanese steel company, is to capitalize on overseas profit which. At […]
This Morning in Metals: EIA releases Short-Term Energy Outlook
This morning in metals news: the Energy Information Administration (EIA) released its Short-Term Energy Outlook; the China Iron and Steel Association (CISA) wants to know why iron ore prices are soaring; and the CEO of Cleveland-Cliffs touted the company’s plans for steel in the region after its acquisition of ArcelorMittal USA. Cut-to-length adders. Width and […]
Week in Review: Industrial metals recovery; U.S. Steel to acquire Big River Steel; iron ore heats up
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 industrial metals bouncing back, iron ore’s roaring 2020 and much more: Week of Dec. 7-11 (industrial metals, iron ore and more) Stuart Burns overviews industrial metals trends this year and looks […]
This Morning in Metals: Cyclone warning adds fuel to iron ore surge
This morning in metals news: the iron ore price is surging amid a Pilbara Ports Authority cyclone warning; Steel Dynamics shares jumped; and Rio Tinto declared a maiden ore reserve at a project in western Serbia. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with […]
U.S. government to refund NLMK subsidiary in settlement over import tariffs
The U.S. has agreed to refund “a significant portion, plus accrued interest” on an import tariff for slab imports to Russian steelmaking group Novolipetsk Steel’s U.S. subsidiary, the parent group said. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. U.S. subsidiary […]
This Morning in Metals: Finished steel import market share 18% in November
This morning in metals news: the American Iron and Steel Association (AISI) reported on November import data, including the month’s finished steel import market share; China’s Baosteel is working on a new project; and Norsk Hydro has signed two MoUs for renewable power projects in Brazil. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter […]
