This morning in metals news, China’s trade activity with respect to aluminum and copper slowed in August, Nucor announced Chairman and CEO John Ferriola will be retiring at the end of the calendar year and residents of an Arizona town expressed staunch opposition to a proposed aluminum recycling plant. Need buying strategies for steel? Request […]
Category: Exports
Week in Review: Nickel Ore Export Ban, U.S. Auto Sales and MetalMiner Insights
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 Alcoa reached a tentative four-year labor deal with the United Steelworkers union. Indonesia announced it intends to […]
Indonesia Moves Up Nickel Ore Export Ban to Start of 2020
Indonesia shook up the nickel market, announcing that it will move up its planned nickel ore export ban by two years. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Indonesia announced that its export ban on nickel ore will be advanced to Jan. 1, 2020 — two years ahead of […]
Indonesia’s Export Ban Update Drives Nickel Price Rise
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. […]
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 […]