This morning in metals news, the price of copper has surged to an eight-month high, Nucor earlier this month announced a new coil paint line and iron ore prices were also up on the final Friday of 2019. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
Category: Company News
The European car industry is facing a once-in-a-lifetime transformation
As if the downturn due to a trade-war-induced slowdown in China were not enough, the European automotive industry is facing the challenge of a rapid switch from diesel to petrol engines that has been gathering pace for the last two years. At the same time, the industry has also had to deal with the implementation […]
U.S. Steel posts Q4 losses, announces over 1,500 job cuts in Michigan
In its final quarterly report of the year, U.S. Steel last week cited a need to change to mitigate factors outside of its control. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Changes have come of late in the form of job losses and plant closures. Last week, U.S. Steel […]
This Morning in Metals: Trump backs off from steel, aluminum tariffs on Brazil
This morning in metals news, President Donald Trump won’t go through with a previous tariff threat on Brazilian steel and aluminum, Chinese stainless steel production growth is forecast to drop in 2020, and a power outage impact Norsk Hydro operations last week. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Fiat Chrysler, PSA merge to form the fourth-largest automaker in the world
In early June, automakers Fiat Chrysler and Renault looked as if they were on the verge of a 50-50 merger that would have created a $35 billion global auto giant, the No. 3 automaker in the world.
Week in Review: Trump’s trade deals, steel capacity utilization and Hindalco’s diversification plans
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: India’s Hindalco, U.S. steel capacity utilization, Trump’s trade deals, the Department of Commerce’s circumvention rulings on steel routed through Vietnam, U.S. industrial production and more. Looking for […]
This Morning in Metals: House approves USMCA trade deal
This morning in metals news, the U.S. House of Representative approved the United States-Mexico-Canada Agreement (USMCA) with bipartisan support, Katanga Mining is acquiring land rights from Gecamines and China’s antitrust authority granted approval to Novelis for its proposed acquisition of Aleris. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
ArcelorMittal, Nippon Steel complete acquisition of India’s Essar Steel
It may have taken well over 850 days for its culmination, but the recent completion of an acquisition in India is being touted as the “single-biggest recovery” under the Insolvency and Bankruptcy Code (IBC) process in India.
This Morning in Metals: Alcoa to close Point Comfort alumina refinery
This morning in metals news, Alcoa announced the closure of its Point Comfort alumina refinery, Glencore makes an acquisition and Alro Steel will open a new facility in February 2020. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Alcoa to close Point Comfort refinery Alcoa announced […]
This Morning in Metals: LME copper price rises to seven-month high
This morning in metals news: copper prices surged to their highest level in seven months; the acquisition of British Steel is progressing, according to prospective Chinese buyer Jingye; and USTR Robert Lighthizer communicated with Mexico regarding USMCA implementation. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
