Cliff’s acquisition of AK Steel suggests it can leapfrog EAF steel producers like Nucor and SDI with a better raw material cost structure, cost synergies and new pig iron production.
Category: Company News
General Motors, Isuzu team up on new Ohio diesel engine plant
General Motors is teaming up with Tokyo-headquartered Isuzu, with plans to invest $175 million toward a new plant in Ohio, the Detroit automaker recently announced. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. The investment will be made through its joint venture with […]
November’s best: Nickel supply, steel prices and the copper deficit
It has been a busy, busy year for metals, ranging from steel prices’ trajectory as we head toward 2020 to nickel prices’ reaction to Indonesia’s impending nickel ore export ban. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. While it’s hard to believe, […]
This Morning in Metals: Average gas prices similar to past two Thanksgivings
This morning in metals news, gas prices this Thanksgiving were similar to levels the previous two years, Tata Steel has confirmed job cuts in the U.K. and a partnership may form toward development of new copper projects in Peru. Keep up to date on everything going on in the world of trade and tariffs via […]
This Morning in Metals: U.S. steel imports down 16%
This morning in metals news, U.S. steel imports were down 16% through the first 10 months of the year, steel companies are raising their prices and protests continue in the world’s top copper-producing country. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Steel […]
This Morning in Metals: Italy, ArcelorMittal to negotiate over Ilva steel plant
This morning in metals news, steelmaker ArcelorMittal is engaged in negotiations over its prior plans to take over Italy’s troubled Ilva plant, Norsk Hydro sold one of its plants in Spain and copper prices made gains Monday. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
Ford’s all-electric Mustang Mach-E SUV gallops onto the automotive scene
For the first time in over half a century, Ford’s Mustang lineup is getting an addition. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The electric vehicle revolution continues to build as legacy automakers are making their moves. At the L.A. Auto Show, Ford unveiled its new all-electric 2021 Mustang […]
Week in Review: ArcelorMittal Closures, Platinum Demand and a Call for a Section 232 Sunset
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including our coverage of: ArcelorMittal’s plant closure in South Africa, the oil price outlook, U.S. steel capacity utilization and steel prices, CAMMU’s call for a Section 232 sunset provision, and […]
This Morning in Metals: Tesla unveils new stainless steel ‘Cybertruck’
This morning in metals news, automaker Tesla this week showed its new Cybertruck, Chinese President Xi Jinping said he wants to reach an initial trade deal with the U.S. and the CEO of Ace Hardware said the Trump administration’s tariffs are “manageable.” Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
This Morning in Metals: Section 232 auto tariff deadline passes — with no decision
This morning in metals news, trade experts cited by Reuters say the U.S. might have to find another route to impose tariffs on imported automobiles, Japan’s crude steel output dropped in October and U.S. steel prices have started to show some signs of upward momentum. Need buying strategies for steel? Request your two-month free trial […]