This morning in metals news, the American Iron and Steel Institute (AISI) applauded the U.S. Treasury’s designation of China as a currency manipulator, U.S. companies are hoping the Trump administration does not impose tariffs on copper from the E.U. and Novelis announced its quarterly financial results. Need buying strategies for steel? Request your two-month free […]
Category: Company News
This Morning in Metals: Copper Falls to Two-Year Low on Trade Worries
This morning in metals news, the copper price fell to a two-year low, the value of the Chinese yuan fell past an important barrier and Rio Tinto offered an update on its Winu project. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Plunges to Two-Year Low As trade worries […]
Week in Review: Trump Announces New Tariffs, Steel Imports Fall and Iron Ore Retraces
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 U.S. steel imports are down 13% through the first half of the year. Norsk Hydro announced it will […]
This Morning in Metals: Vale’s July Iron Ore Production Hits 9-Month High
This morning in metals news, Vale’s resumption of activities boosted its iron ore production to its highest level in nine months, ArcelorMittal released its second-quarter financial results and a U.S. judge blocked a planned copper project in Arizona. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Vale Production Surges in […]
Glencore’s 1H 2019 Copper Production Falls 5%, Cobalt Production Rises 28%
Miner Glencore on Wednesday released a mixed batch of production results for the first half of 2019. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The miner reported copper production fell 5% compared with the first half of 2018, falling to 663,000 tons. The miner attributed the drop to several […]
This Morning in Metals: U.S., China Conclude Latest Round of Trade Talks
This morning in metals news, the latest round of U.S.-China trade talks wrapped up Wednesday, steel companies are not reducing emissions fast enough and analysts cut their copper forecast for fourth-quarter prices. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S., China Conclude Talks in Shanghai Trade negotiators from the […]
This Morning in Metals: LME Copper Prices Fall
This morning in metals news, copper dipped on Tuesday, Asian countries are dealing with a glut of steel from China and Heineken is feeling the impact of higher aluminum costs. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Slides The LME copper price dipped Tuesday amid U.S.-China trade talks […]
This Morning in Metals: U.S., China Resume Trade Talks
This morning in metals news, U.S. and Chinese trade negotiators resumed talks this week, Goldman Sachs is pessimistic about copper supply and smaller Chinese steel mills are shaking off anti-pollution laws in an effort to compete against larger steel firms in the country. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Norsk Hydro to Supply Aluminum for Audi’s First Fully Electric Model
Oslo-based Norsk Hydro has entered into an agreement with Audi to supply aluminum for the battery housing of the automaker’s first fully electric model. The aluminum, Hydro says, is “processed and manufactured along the entire value chain in an environmentally conscious manner and under socially acceptable working conditions,” conditions which have been confirmed by the […]
This Morning in Metals: Nickel Prices Fall on the Heels of Earlier Surge
This morning in metals news, the nickel price rally appears to have lost some steam, iron ore prices have started to come back down to earth and a Chinese company pulls out of the bidding for British Steel. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Nickel Price Slides After […]
