This morning in metals news, the iron ore price continues to rise, China is reportedly in no rush to restart trade talks after the recent exchange of tariffs and Tokyo Steel once again held prices steady. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Breaks Through $100/Ton Barrier […]
Category: Company News
Is British Steel a Victim of Brexit or an Undeserving Wastrel?
According to the BBC last week, British Steel, the U.K.’s second-largest steel producer, is knocking on the door of the British government for the second time in as many months looking for support. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In April, the firm borrowed £120 million from the […]
One of Two Embargoes Lifted on Norsk Hydro’s Alunorte Alumina Refinery
A federal court in Brazil lifted one of two production embargoes on Norsk Hydro’s Alunorte alumina facility, as the Norwegian firm angles to bring the facility back to full capacity. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In October, Brazil’s Institute of Environment and Renewable Natural Resources lifted its embargo […]
After Thyssenkrupp JV Falls Through, Tata Steel Looks to Other Options
After the collapse of its deal in Europe with Thyssenkrupp AG, Tata Steel is reportedly considering several options, including a new partner for a joint venture (JV), according to Bloomberg Quint. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A report in the Business Standard quoted Tata Steel CEO and […]
This Morning in Metals: Mexican Official Says Deal to Remove U.S. Metals Tariffs Could be Close
This morning in metals news, a senior Mexican official indicated the U.S. and Mexico could be nearing a solution leading toward removal of the U.S.’s Section 232 metals tariffs, British Steel is looking for financial assistance and President Donald Trump referred to the ongoing trade conflict with China as a “little squabble.” Need buying strategies […]
This Morning in Metals: Vale Announces $2.5B Investment in Dry Iron Ore Processing
This morning in metals news, Brazilian miner Vale SA has plans to invest approximately $2.5 billion over the next five years in dry iron ore processing, Rusal reported a drop in its first-quarter profits and copper prices bounced back. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Processing Plans Miner Vale […]
This Morning in Metals: USTR Begins Process to Raise Tariffs on Remaining Imports from China
This morning in metals news, President Donald Trump has instructed the United States Trade Representative to begin the process of raising tariffs on the remaining approximately $300 billion in Chinese imports, Germany’s Thyssenkrupp is looking for new partners after the planned merger of its European operations with Tata Steel fell apart and China announced retaliatory […]
This Morning in Metals: U.S. Tariff Increase on Chinese Goods Goes into Effect
This morning in metals news, the U.S. on Friday raised tariffs on a wide variety of imports from China, a long-considered European joint venture does not appear likely to come to fruition and March steel imports fell 7%. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Tariff Tensions As promised […]
This Morning in Metals: Trump Signs Executive Order Imposing Sanctions on Iran’s Metals Sector
This morning in metals news, President Donald Trump added sanctions on Iran targeting its metals industry, Rio Tinto is shipping more aluminum to Europe and ArcelorMittal reported its Q1 2019 financial results. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Targets Iran’s Metals Sector A year on after withdrawing […]
This Morning in Metals: Vale’s Q1 2019 Iron Ore Output, Sales Fall After Dam Disaster
This morning in metals news, Brazilian miner Vale SA reported its Q1 2019 production totals, ArcelorMittal is idling mills in Europe and U.S. Rep. Betty McCollum questioned Interior Secretary David Bernhardt regarding plans to advance copper-nickel mining in northeastern Minnesota. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Vale SA […]
