This morning in metals news, North American aluminum associations wrote a joint letter asking for quota-free tariff exemptions for Canadian and Mexican aluminum, European automakers plan to try out new LME steel contracts launching next year, and the LME copper price has dropped ahead of the U.S. midterm elections. Need buying strategies for steel? Request […]
Category: Ferrous Metals
First Indian Steel Conclave Touts Indian Steel Sector’s Progress
It was the first edition of its kind, but it attracted quite an audience. The International Steel Conclave, organized by the Indian Steel Association and Messe Frankfurt India, was held in the Indian capital of New Delhi on Oct. 25. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Using the […]
Week in Review: Global Steel Production, M&A Activity and the Dollar’s Strength
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 Global crude steel production jumped 4.4% year over year in September. A recent PwC report overviews M&A […]
This Morning in Metals: Two Chinese Economists Critical of Country’s Economic Model
This morning in metals news, two prominent Chinese economists have been publicly critical of China’s economic model, the U.S. Department of Commerce has launched an audit of tariff waivers received by companies, China’s steel demand appears to be a boon for the Indian iron ore sector and U.S. Steel shares dipped after hours Thursday following […]
This Morning in Metals: U.S. Steel Imports Down 26% in September
This morning in metals, U.S. imports of steel are down by 26%, metal prices have gotten a boost from a softer dollar and ArcelorMittal reported its third-quarter results. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel Imports in the U.S. U.S. imports of steel were down 26% in September […]
This Morning in Metals: Shanghai Metals Prices Drop on Weaker Manufacturing Growth
This morning in metals news, Shanghai steel prices are down, Shanghai zinc and copper prices are also down, and U.S. steel prices are up by double-digit percentages this year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Shanghai Steel Falls Prices of Shanghai steel have dropped Wednesday for a third […]
EUROFER: E.U. Steel Markets Stabilizing But Facing Numerous Challenges
Growth is stabilizing in E.U. steel markets, according to the director general of the European Steel Association (EUROFER), but the sector nonetheless faces challenges, including trade barriers and high import levels. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Growth is stabilising in EU steel markets, in line with expectations,” […]
This Morning in Metals: Trump Reviews Metals Tariffs on Canada, Mexico
This morning in metals news, President Trump is reviewing the U.S.’s steel and aluminum tariffs with respect to their application to Canada and Mexico, copper prices are up and the World Trade Organization (WTO) has set up a panel for a dispute between Japan and South Korea. Need buying strategies for steel? Request your two-month […]
September Global Crude Steel Production Up 4.4% Year Over Year
Global crude steel production in September rose 4.4% compared with production in September 2017, according to the World Steel Association’s monthly production report. The percent change represents an increase from the previous month, when August production rose 2.7% compared with August 2017. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Week in Review: Earnings Reports, Capacity Utilization and Palladium’s Rise
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 Nucor reported net earnings of $676.6 million in the third quarter. Global zinc and lead demand is […]
