This morning in metals news, miner Rio Tinto announced Monday it will commit an additional $302 million toward the Resolution Copper project in Arizona, Rusal made its first post-sanctions U.S. investment and copper prices rose Monday. Rio Tinto Announces $302M Additional Investment Miner Rio Tinto announced Monday it will pitch in an additional $302 million […]
Category: Company News
This Morning in Metals: China’s March Iron Ore Imports Rise
This morning in metals news, iron ore shipments into China picked up in March after February’s 10-month low, India’s top court blocked ArcelorMittal’s attempt to buy the bankrupt Essar Steel and the E.U. opened the door to formal trade negotiations with the U.S. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: Charges to be Filed Related to Vale Dam Collapse
This morning in metals news, the Wall Street Journal reported the Brazilian government plans to file charges in relation to the fatal Vale SA tailings dam collapse earlier this year, Tata Steel’s European workers are having doubts about the proposed Thyssenkrupp merger, the U.S. and China reportedly made a breakthrough this week in their ongoing […]
This Morning in Metals: IMF Ups its 2019 Growth Forecast for China
This morning in metals news, the International Monetary Fund (IMF) released a slightly more positive 2019 growth forecast for China, a fire led to damages at one of Rio Tinto’s Pilbara iron ore operations, and Polish copper producer KGHM said it may freeze operations in Canada and the U.S. Need buying strategies for steel? Request your […]
This Morning in Metals: Steel Capacity Utilization Rate Reaches 81.9%
This morning in metals news, the U.S. steel sector’s capacity utilization rate for the year through April 6 reached 81.9%, the zinc price fell on easing supply concerns and miner Glencore is becoming a bigger and bigger player in the copper market. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
This Morning in Metals: ‘Significant Work’ Remains in U.S.-China Trade Talks
This morning in metals news, the U.S. and China’s trade negotiations march on, China’s Tewoo Group sells copper at below market value and a U.S. aluminum executive says tariffs aren’t the answer. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Work to Do After the latest round of trade talks […]
Week in Review: Tropical Cyclone Veronica, the April MMO and Auto Sales
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 The European Steel Association (EUROFER) wants a mandate extension for the Global Forum on Steel Excess Capacity. […]
This Morning in Metals: Copper Price Falls Again Amid Weak German Manufacturing Data
This morning in metals news, the copper price fell again, stocks picked up Thursday as U.S.-China trade talks continued and shares of Reliance Steel are up 31% this year. Has Copper Hit a Wall? The London copper price had been enjoying an upward trajectory from the start of the year through most of February, but […]
This Morning in Metals: USITC Rules in Anti-Dumping, Countervailing Duty Probes
This morning in metals news, the United States International Trade Commission (USITC) made determinations in the anti-dumping and countervailing duty probes of large diameter welded pipe from Canada, Greece, South Korea and Turkey; Thyssenkrupp workers are looking for job guarantees in the case of a collapse of the German firm’s European joint venture with Tata […]
This Morning in Metals: Trump Threatens to Close Southern Border
This morning in metals news, President Donald Trump threatened to close the southern border with Mexico, U.S. Steel was fined over $700,000 for air pollution violations and the LME copper price fell Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Threatens to Close Mexico Border President Trump intensified […]
