Nothing entertains me more than receiving an oddball inbound phone call, email or, in this case, text message when something hits metals markets. A great inbound came in yesterday regarding the nationwide strike at General Motors, which could have an impact on steel prices. The question, “Do you think the GM strike will pull the […]
Category: Company News
This Morning in Metals: E.U. Trade Commissioner Wants Deal on Aircraft Subsidies
This morning in metals news, E.U. Trade Commissioner Cecilia Malmstrom wants the U.S. to hold off on imposing tariffs in response to the long-running Airbus-Boeing subsidy saga, iron ore prices could continue to plunge and copper prices dipped again Tuesday. E.U. Trade Chief Seeks Deal on Aircraft Subsidies Earlier this year, the United States Trade […]
46,000 GM Autoworkers Begin Nationwide Strike
Thousands of General Motors workers have gone on strike, marking the first nationwide strike at GM since 2007. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! A four-year labor deal between GM and the United Automobile Workers (UAW) union expired over the weekend, with the parties […]
This Morning in Metals: World Gold Council Launches Responsible Mining Principles
This morning in metals news, the World Gold Council unveiled a set of principles geared toward promotion of responsible mining, Apple’s newest iPhone includes stainless steel and an Indian steel tycoon is critical of the pace of the country’s insolvency proceedings. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook World […]
Renewables MMI: Cobalt Prices Gain Upward Momentum
The Renewables Monthly Metals Index (MMI) dropped two points for a September MMI value of 99. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook First Cobalt Eyes Restart of Canadian Refinery First Cobalt Corp., a Toronto-based firm, is looking into restarting its idled cobalt refinery in Canada, Reuters reported. First Cobalt […]
This Morning in Metals: Alcoa Gets ‘Leaner, More Integrated’ Operating Model
This morning in metals news, Alcoa announced structural changes to its operating model, Ford Motor Co. was downgraded by Moody’s to junk status and BHP is eyeing a more diversified future. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Alcoa Announces New Operating Model Aluminum producer Alcoa this week announced […]
This Morning in Metals: China Sees Slowdown in Copper Imports, Aluminum Exports
This morning in metals news, China’s trade activity with respect to aluminum and copper slowed in August, Nucor announced Chairman and CEO John Ferriola will be retiring at the end of the calendar year and residents of an Arizona town expressed staunch opposition to a proposed aluminum recycling plant. Need buying strategies for steel? Request […]
Week in Review: Nickel Ore Export Ban, U.S. Auto Sales and MetalMiner Insights
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Alcoa reached a tentative four-year labor deal with the United Steelworkers union. Indonesia announced it intends to […]
Thyssenkrupp Breakup Talks Resurface as Group Prepares for DAX Exit this Month
No one would argue that Thyssenkrupp has had its fair share of challenges in recent years. Formed from a merger in 1999 between steelmaking giants, Krupp and Thyssen, a recent Sky News article observed, makes them both older than the country of Germany. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: U.S. DOC Makes Affirmative Rulings in Fabricated Structural Steel Case
This morning in metals news, the U.S. Department of Commerce issued affirmative determinations in its anti-dumping investigation of fabricated structural steel imports, Turkey’s largest industrial group will halt steel production and a U.S. Department of Justice lawsuit poses a roadblock for Novelis‘ bid to buy Aleris. Need buying strategies for steel? Request your two-month free […]