India’s National Aluminium Company (NALCO) has had expansion plans on the anvil for some time now. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Towards this goal, it has started taking the first steps. Part of this effort is the indigenization of technology and equipment specific to the aluminum sector. It is a […]
Category: Company News
This Morning in Metals: Coca-Cola to Sell Dasani Water Brand in Aluminum Cans
This morning in metals news, beverage maker Coca-Cola has announced it will shift to aluminum cans for its Dasani water brand, the U.S. Department of Commerce announced it found evidence of dumping of refillable stainless steel kegs from Mexico and China still plans to send trade officials to Washington next month for talks. Need buying […]
This Morning in Metals: U.S. to Delay Tariffs on Some Consumer Goods from China
This morning in metals news, the United States Trade Representative (USTR) announced the U.S. would delay some of the recently announced tariffs on Chinese goods, what could be the largest copper mine project in North America recently got a key approval from the U.S. Forest Service and a Turkish military pension fund has a £900 […]
This Morning in Metals: China Hongqiao Impacted by Typhoon
This morning in metals news, the world’s top aluminum producer was flooded after Typhoon Lekima, Chinese cities did not meet targets to cut pollution and iron ore prices continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Hongqiao Takes Damages After Typhoon The world’s largest aluminum producer, […]
Pakistan is Sitting on a Gold Mine
A recent article in the ever insightful Stratfor Worldview this month underlines how the world is not short of copper ore deposits — they are, at least in this example, just in the wrong place. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The article covers a long-running dispute between […]
Week in Review: Trump’s New Tariffs, China’s Currency and Glencore’s Mutanda Decision
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 President Donald Trump announced a new 10% tariff on an additional $300 billion in Chinese goods, effective […]
This Morning in Metals: A Preferred Bidder for British Steel?
This morning in metals news, British Steel could have a buyer lined up, protests have disrupted copper mine activities in Peru and the American Iron and Steel Institute (AISI) released July steel import data. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook British Steel Update According to The Guardian, a […]
Rare Earths MMI: China Rare Earths Association Calls out U.S.’s Trade ‘Bullying’
The Rare Earths Monthly Metals Index (MMI) dropped one point this month for an August reading of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Tariffs, China and Rare Earths Once again, the ongoing trade talks between the U.S. and China took a turn toward further tensions recently when President […]
Glencore to Halt Production at World’s Largest Cobalt Mine in the DRC
These are trying times for Glencore, as the cobalt market price collapses due to surging supply and weak copper prices undermine the fundamentals for the miner’s Mutanda copper and cobalt mine in the Democratic Republic of the Congo. The Financial Times reported Glencore will halt production at the world’s largest cobalt mine from the end […]
This Morning in Metals: China Responds to Currency Manipulator Designation
This morning in metals news, China offered a response to the U.S.’s designation of it as a currency manipulator, British Steel’s lenders are looking for a speedy end to the auction for the liquidated steel company and Glencore announced it will pause production at a mine in the Democratic Republic of the Congo. Need buying […]
