This morning in metals news, industrial profits in China plummeted over the first two months of the year amid the coronavirus outbreak, Rio Tinto released an update on its operations during the outbreak and copper prices are down 15% over the last month. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]
Category: Company News
Week in Review: Housing starts surge; aluminum mills go green; iron ore price falls
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of: U.S. housing starts; aluminum mills taking steps to make their operations more green; iron ore prices; and the European steel sector. Looking for metal price forecasting and […]
This Morning in Metals: U.S. Steel moves up idling of Gary Works furnace
This morning in metals news, U.S. Steel announced a number of measures in response to the coronavirus crisis and falling oil price, concerns have been raised regarding cleaning procedures at a Michigan steel mill, and Republican senators have asked President Donald Trump to roll back trade barriers amid the coronavirus outbreak. Looking for metal price […]
Europe’s steel industry under pressure amid falling orders, personnel challenges
Europe’s steelmakers are cutting production and idling factory lines as an industry already buckling under a severe market downturn girds itself for the economic fallout from coronavirus, the Financial Times reports. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Companies such as Thyssenkrupp and Tata Steel […]
This Morning in Metals: U.S. jobless claims reach record 3.3M as coronavirus outbreak intensifies
This morning in metals news, U.S. unemployment insurance claims soared last week as the coronavirus outbreak intensified, Thyssenkrupp announced 3,000 layoffs and the United States Trade Representative (USTR) said there had been progress in enforcing some provisions of the recently signed Phase One trade deal with China.
This Morning in Metals: Senate to vote on $2 trillion stimulus package
This morning in metals news, the U.S. Senate is prepared to vote on a $2 trillion stimulus package Wednesday, U.S. steel imports are down 21% and U.S. Steel is idling its Lorain tubular plant.
This Morning in Metals: Congo locks down mining province after coronavirus cases
This morning in metals news, the Democratic Republic of the Congo has reportedly locked down a mining province for 48 hours, the U.S. steel sector’s steel capacity utilization rate is 81.7% for the year through March 14 and Ford provided an update on its North American operations amid the coronavirus crisis. Looking for metal price […]
Responsible mining report highlights effective practices, laments lacking disclosures
Significant gaps remain within societal expectations of the mining industry, a recent report from the Responsible Mining Foundation said. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! “The performances of even the best-scoring companies fall considerably short of society expectations in all six thematic areas,” the […]
Week in Review: Coronavirus impacts; precious metals plunge; ‘negative oil’
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including: the coronavirus outbreak’s impact on share prices and commodities prices; a look back at Norsk Hydro’s 2019; precious metals prices’ plunge; Moody’s releases a coronavirus heat map; and “negative […]
This Morning in Metals: U.S. Steel announces Q1 guidance
This morning in metals news, U.S. Steel unveiled its guidance for the first quarter, Glencore issued its response to the COVID-19 crisis, and gold prices are rising in relative value compared with copper and silver. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
