This morning in metals news: an aluminum trade group filed anti-dumping and countervailing subsidy petitions relating to imports of aluminum foil from five countries; the consultation period for Alcoa’s San Ciprián aluminum plant ended without an agreement on a social plan for workers; and the U.S. Census Bureau released August import and export data. The […]
Category: Exports
India turns net exporter of steel to China amid weaker domestic demand
India turned a net exporter of steel to China (and other countries) during April-August 2020 for the first time in several years, credit rating agency CRISIL reported. See why technical analysis is a superior forecasting methodology over fundamental analysis and why it matters for your steel buy. India becomes net exporter amid domestic demand slump […]
This Morning in Metals: Copper price bounces back
This morning in metals news: the copper price bounced back Tuesday after a down Monday session; ArcelorMittal issued a statement on the European Commission’s policy proposals aimed at reducing emissions; and U.S. oil exports have fallen in each month since February. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with […]
This Morning in Metals: Department of Commerce touts ‘enhanced’ steel import monitoring system
This morning in metals news: the Department of Commerce on Friday announced the rollout of an updated Steel Import Monitoring and Analysis (SIMA) system; Rio Tinto’s chief executive will step down; and, lastly, China’s steel exports are facing a growing number of anti-dumping probes. Do you know the five best practices of sourcing metals including […]
Indian aluminum sector knocked off course by pandemic
The Indian aluminum sector, which once stood firmly on the path of growth, today finds itself buffeted by the winds of uncertainty because of the COVID-19 pandemic. Industry leaders have suggested many measures to the India government to put the sector back on track. Are you under pressure to generate aluminum cost savings? Make sure […]
Despite pandemic’s impact on production, Indian steel exports rise
India’s steel production contracted since the arrival of COVID-19. However, exports surprisingly notched a new high in the April-July 2020 period. Steels exports more than doubled in these months to hit their highest level in six years, reported news agency Reuters. Are you prepared for your annual steel contract negotiations? Be sure to check out […]
This Morning in Metals: SHFE copper heads for fifth consecutive monthly rise
This morning in metals news: copper on the SHFE is headed for its fifth straight month of price increases; a Swedish joint venture is ramping up its efforts toward producing fossil-fuel-free steel; and Mexico is instituting a new export pre-approval process to avoid reimposition of steel tariffs by U.S. President Donald Trump. Do you know […]
This Morning in Metals: Rio Tinto revises copper guidance downward amid Kennecott delays
This morning in metals news: miner Rio Tinto revised its 2020 refined copper output guidance; Tokyo Steel resumed exports to China for the first time in a decade; and the future is uncertain for Liberty Steel’s Georgetown steel mill. Stay up to date on MetalMiner with weekly, monthly, or quarterly updates — without the sales […]
This Morning in Metals: Canadian P1020 aluminum exports to U.S. fall in July
This morning in metals news: the Aluminum Association of Canada reported the country’s aluminum exports to the U.S. have declined; Great Lakes region steel production is down this year; and the International Tin Association commented on Yunnan province’s tin stockpiling initiative.
Indian sponge iron manufacturers ask government to restrict iron ore pellet exports
Indian sponge iron manufacturers are looking to the government to limit exports of iron ore pellets.
