Aluminum maker Norsk Hydro filed a joint petition — along with its alumina refinery Alunorte, the Pará state environmental agency SEMAS and the Ministerio Publico Federal — asking the Brazilian federal court to lift embargoes on the refinery’s DRS2 bauxite residue deposit area. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Category: Company News
This Morning in Metals: Tata Steel Closures in U.K. to Potentially Impact 400 Jobs
This morning in metals news, Tata Steel is closing some of its operations in the U.K., copper is down to a two-year low and the Dow Jones dropped on the heels of the latest round of tariffs going into effect Sept. 1. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Alcoa, United Steelworkers Reach Tentative Agreement on Four-Year Labor Deal
Pittsburgh-based Alcoa Corporation announced it had reached a tentative agreement on a four-year labor deal with the United Steelworkers union, a deal covering five locations and 1,700 employees. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Alcoa is a producer of bauxite, alumina and aluminum products. Alcoa shares closed Friday […]
This Morning in Metals: Iron Ore Prices Bounce Back
This morning in metals news, iron ore made gains Friday, a Houston metal manufacturer plans to close and Nippon Steel plans to cut its capital spending by 10%. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Prices Rise Chinese iron ore futures rose 4% Friday on heightened restocking […]
Week in Review: Carbon Capture, Steel Production and the U.K.’s Clean Steel Fund
Before we head into the Labor Day 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 MetalMiner’s Stuart Burns on doubts surrounding the viability of carbon capture technology vis-a-vis the coal […]
This Morning in Metals: Thyssenkrupp Elevators, U.S. Steel Investment and Zinc Exploration
This morning in metals news, thyssenkrupp may have to sell its elevator business, U.S. Steel plans to move forward with investments at Gary Works despite idlings and a zinc exploration company filed a bankable feasibility study. Ups and Downs thyssenkrupp may have to sell its successful elevator business to save the German firm’s other segments, […]
This Morning in Metals: Copper Prices Make Gains
This morning in metals news, the copper price ticked up Wednesday, an appeals court is reconsidering an aluminum antitrust suit involving several big-name companies and Rio Tinto is taking over a mining site in British Columbia. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Rises The copper price […]
This Morning in Metals: U.S. Raw Steel Production Rises 4.4%
This morning in metals news, U.S. raw steel production for the year through Aug. 24 is up 4.4%, Beijing’s Chalco reported profits declined in the first half of the year and India’s steel demand is slowing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Raw Steel Production Jumps 4.4% The […]
Doubts Remain Over Economic Viability of Carbon Capture Tech for Coal-Fired Power
Following a decade of hype, there remains huge debate about the viability of carbon capture as a solution to carbon emissions from coal-fired power stations. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A recent article in the Financial Times lays out both sides of the argument. On the one hand, […]
Week in Review: Risk Mitigation, Trump and Greenland, and a Chicago Nonprofit Teaches Skills
Before we head into the weekend, let’s take a look 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 Bill DeMartino of riskmethods recently spoke at MetalMiner’s Forecasting Workshop on the subject of risk mitigation tips and […]