This morning in metals news, China’s Jingye Group has reportedly written to the French government in an effort to keep its takeover of the insolvent British Steel afloat, Liberty Steel faces challenges at its South Carolina mill and iron ore prices continue to surge. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s […]
Category: Company News
This Morning in Metals: Rio Tinto submits power plant feasibility plan for Oyu Tolgoi
This morning in metals news, Rio Tinto’s Oyu Tolgoi mine plans took an incremental step forward, AK Steel announced a Q4 2019 net loss of $53.9 million and Paris-based Constellium posted a stronger Q4 compared with its Q4 2018. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
Despite recent surge, U.S. steel rebar imports from Turkey plummet in 2019
Steel rebar is a crucial material for its use in construction, which is often cited in surveys of general economic health and activity. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. For instance, U.S. construction spending in December reached a seasonally adjusted annual rate […]
This Morning in Metals: Indiana No. 1 once again last year in steel production
This morning in metals news, Indiana again led the way in U.S. steel production last year, Tesla is in talks to use cobalt-free batteries in its cars made in China and the Energy Information Administration (EIA) projects U.S. natural gas production will continue to rise over the next 30 years. Metal prices fluctuate. Key is […]
Automakers Geely, Volvo to merge and list
As if to underline the more dynamic and entrepreneurial nature of private sector firms, Geely Auto Group in China is set to create what many are describing as China’s first global car maker. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook Part of China’s big three private car […]
Week in Review: MMI week; palladium prices; U.K. automotive sector after Brexit
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 coverage of: U.S. steel prices, 2019 metals sector M&A activity, palladium prices, the copper market amid the coronavirus outbreak, the British automotive sector and more. Looking for metal price forecasting and […]
This Morning in Metals: U.S. Steel layoffs; Braidy needs $500M; Aluminum Association announces new leader
This morning in metals news, U.S. Steel recently underwent another round of layoffs, Braidy Industries‘ new CEO said the company still needs $500 million for its Kentucky aluminum mill, and the Aluminum Association announced its new president and CEO. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request […]
This Morning in Metals: Germany’s Thyssenkrupp cites ‘difficult economic environment’ in latest earnings report
This morning in metals news, Thyssenkrupp’s earnings fell last quarter, the U.S. Department of Commerce announced affirmative preliminary circumvention rulings regarding imports of corrosion-resistant steel products and Brazil’s Vale has been overtaken as the world’s No. 1 iron ore producer. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. […]
Renewables/GOES MMI: Glencore signs cobalt supply deal with Samsung
The Renewables Monthly Metals Index (MMI) held flat for a February MMI reading of 98. (Editor’s Note: This report also includes analysis of grain-oriented electrical steel.) Request a 30-minute demo of the MetalMiner Insights platform now. Glencore signs long-term cobalt supply deal with Samsung Miner Glencore announced Monday that it has signed a five-year cobalt supply […]
This Morning in Metals: U.S. weekly raw steel production hits 1.90M tons
This morning in metals news, the U.S. steel sector churned out 1.90 million tons of steel during the week ending Feb. 8, a U.S. Steel electric arc furnace is near completion and miner Rio Tinto says the coronavirus in China has impacted copper ore flows. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s […]
