After drifting off from a spring high, the nickel price has flatlined in the second quarter (along with much of the rest of the metals complex). However, the metal has put in a surprisingly strong performance in just the last week due to Indonesia’s announced export ban spooking market concerns about supply, according to the Financial Times. […]
Category: Exports
This Morning in Metals: USTR Criticizes WTO Appellate Court Ruling on China
This morning in metals news, the United States Trade Representative USTR once again dished up criticism of the World Trade Organization’s (WTO) Appellate Court, China aims to mitigate the impact of rising iron ore prices on its steelmakers and India’s steel exports have plunged over the last year. Need buying strategies for steel? Request your […]
Latest Round of U.S.-India Trade Talks Leaves Questions Unanswered
Much hope was pinned on the latest round of trade talks between the United States and India. In the end, however, the talks that concluded late last week were inconclusive. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Indian government said the countries agreed to continue their discussions for […]
This Morning in Metals: Hebei Moves Up Capacity Cut Deadline
This morning in metals news, the Chinese steelmaking province of Hebei has moved up its target date for plant relocation and capacity cuts, miners in the Democratic Republic of the Congo are moving to copper as a result of dropping cobalt prices, and Chile’s copper exports fell in June. Need buying strategies for steel? Request […]
Trade is Still Very Much on the Agenda
That the news is all about trade makes a change for us business folks from the tittle-tattle around the private lives of politicians or celebrities, as trade is topic that actually touches all of us (whether we are immediately aware or not). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Week in Review: Steel Prices in China, U.S. Housing Starts and USMCA
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 In case you missed it, MetalMiner’s June 2019 Monthly Metals Index report is out. MetalMiner’s Belinda Fuller […]
This Morning in Metals: Australia PM Says Aluminum Exports to U.S. are Fair
This morning in metals news, Australian Prime Minister Scott Morrison said the country’s aluminum exports to the U.S. are fair, China’s Baowu Steel is acquiring a majority stake in rival Magang and the USTR announced an extension related to duties imposed on Chinese goods. Need buying strategies for steel? Request your two-month free trial of […]
This Morning in Metals: U.S. Steel Capacity Utilization Rate Reaches 81.7%
This morning in metals news, steel production for the year through May 4 reached 33.7 million tons, Japan’s March steel exports jumped and Dalian iron ore futures made gains on supply concerns. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Production According to the American Iron and Steel […]
This Morning in Metals: U.S. Steel to Invest More Than $1B at Pennsylvania Plants
This morning in metals news, U.S. Steel announced Thursday it plans to invest more than $1 billion at its Mon Valley Works facilities, Australian iron ore exports bounced back in April after being impacted by tropical cyclones in March and the zinc price fell to its lowest level in 2 1/2 months. Need buying strategies […]
Week in Review: Tesla and Panasonic, Indian Steel Exports and Oil Price Trends
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 Stuart Burns on the cooling Tesla-Panasonic relationship. India’s steel exports to the U.S. plunged last year. Belinda […]
