Amidst the trade tension that exists between the United States and India, now comes a report that India’s steel exports to the U.S. last year fell by a whopping 49%. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On the other hand, exports of Indian aluminum went up by 58%. […]
Category: Exports
Markets Look to China for Some Good News
Stock and currency markets have been a little perkier the last week or so as expectations rise of some form of Chinese stimulus to boost demand — and, hence, global growth. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook That optimism, though, may be somewhat misplaced. China has limited scope […]
This Morning in Metals: LME Steel Contract Launch Could be Delayed
This morning in metals news, Reuters reports the launch of the London Metal Exchange’s planned steel contract will likely be pushed back to 2020, China’s average daily steel output in January and February increased, and India’s imports of iron ore were up 157% during the April-December 2018 period. Need buying strategies for steel? Request your […]
This Morning in Metals: Canada Announces $100M in Funding for Steel, Aluminum Industries
This morning in metals news, the Canadian government announced it is rolling out $100 million in funding for its domestic steel and aluminum industries, copper moves toward a seven-month high, and Vietnam’s steel exports to the U.S. increased in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Canadian Steel, […]
This Morning in Metals: China’s Exports Down More than 20% in February
This morning in metals news, China’s export levels fell last month, White House economic adviser Larry Kudlow is optimistic about a U.S.-China trade deal and an Australian gold miner is buying a Canadian copper and gold mine for $806.5 million. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China’s Exports […]
This Morning in Metals: China Imports Less Copper in February
This morning in metals news, China’s copper imports fell in February, U.S. Steel won an award sponsored by the Department of Energy and General Motors rolled out its last Chevy Cruze this week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Imports, Aluminum Exports Down in China China’s February […]
This Morning in Metals: U.S. Steel Imports Fell 11.5% in 2018
This morning in metals, U.S. imports of steel dropped 12% year over year last year, Chile’s copper and lithium export revenue fell in February and markets react to uncertainty over the ongoing U.S.-China trade talks. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Imports of Steel Drop 11.5% U.S. steel […]
This Morning in Metals: U.S. Steel Mills Hit 80.6% Capacity Utilization Rate
This morning in metals news, U.S. steel mills produced at a capacity utilization rate of 80.6% for the year through Feb. 9, U.S. steel mill shipments rose 4.8% in 2018 on a year-over-year basis and a Peruvian plant used to produce copper will be partially suspended for the next 3-5 days. Need buying strategies for […]
A Look at China’s Slowing Economic Growth Vis-a-Vis the Metals Market
China is one of the most-watched economies in the world because its health ties in heavily with overall global economic growth. Further, there is a strong correlation between the Chinese economy as an industrial metals demand generator and the primary metals market outlook. MetalMiner has always followed some Chinese indicators in order to completely understand […]
This Morning in Metals: China’s December Exports to the U.S. Fall
This morning in metals news, exports from China to the U.S. took a dive in December, India will drive global steel demand in the coming years and Serbia has requested an exemption from the E.U.’s imminent quotas on steel imports. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook December Exports […]
