The U.S. steel sector notched a capacity utilization rate of 81.6% for the week ending Nov. 2, according to a recent American Iron and Steel Institute (AISI) report, as U.S. steel prices continue to plunge. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
Category: Company News
Freeport-McMorRan Uses AI to Optimize Production at Arizona Copper Mine
Mining companies are not renowned for their cutting-edge use of the latest technologies; I’m not trying to be derogatory, but mining is not the first industry you think of when talking about the digital age. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
This Morning in Metals: Antofagasta Lowers Copper Guidance
This morning in metals news, miner Antofagasta lowered its full-year copper guidance by 20,000 tons, a new favorite has emerged in the British Steel sweepstakes and the U.S. unemployment rate was unchanged in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Antofagasta […]
Week in Review: Deal Value Declines, Steel Production Drops, PSA Groupe to Merge with Fiat Chrysler
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, which included a PwC report on mining and metal deals, global steel production, lead and zinc forecasts, and an automotive merger of PSA Groupe and Fiat Chrysler. Keep up to […]
This Morning in Metals: UAW, Ford Reach Tentative Agreement on Labor Deal
This morning in metals news, the United Auto Workers (UAW) union has a tentative labor deal with Ford, the U.S. Office of Inspector General says the Section 232 tariff exclusion process needs more transparency and U.S. Steel officially completed the acquisition of a 49.9% ownership stake in Big River Steel. Keep up to date on […]
PSA Groupe, Fiat Chrysler to Merge as European Auto Sector Faces Challenges Ahead
The board of France’s PSA, owner of Peugeot, has given chief executive Carlos Tavares approval to launch a full-scale merger with Fiat Chrysler Automobiles, creating one of the world’s largest carmakers, the Financial Times reports. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
This Morning in Metals: Federal Reserve Cuts Interest Rates Again
This morning in metals news, the Federal Reserve has cut interest rates for the third time this year, AK Steel released its third-quarter financials and 16 steel industry associations praised the work of the Global Forum on Steel Excess Capacity. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
British Steel Sale Back Out for Open Tender as Talks with Turkish Buyer End
The British government has ended negotiations with the Turkish company Ataer Holding regarding its bid to buy British Steel, the Steel Times reported. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Ataer owns almost 50% of Erdemir, Turkey’s biggest steel producer, and is also […]
This Morning in Metals: South Korea Will No Longer Seek Special Treatment for Developing Countries
This morning in metals news, South Korea will no longer seek to benefit from special treatment granted to developing countries vis-a-vis WTO rules, iron ore exports from Australia’s Port Hedland are surging and Rio Tinto has commissioned new press filter technology at its Quebec alumina refinery. Keep up to date on everything going on in […]
This Morning in Metals: USTR to Consider Extension of Tariff Exclusions on $34B of Chinese Goods
This morning in metals news, the United States Trade Representative will soon consider whether to extend tariff exclusions granted last year for imports of certain products from China, the GFG Alliance is aiming to consolidate its steel operations and make the new consolidated entity carbon-neutral by 2030, and LME copper prices continue to make gains […]
