This morning in metals news, China has issued stricter rules on building new steel capacity, Chinese steel production is expected to slow down in 2018 and LME copper rises as the dollar loses ground. New Rules to Put the Squeeze on New Capacity in China China has new, stricter rules on building new steel capacity, […]
Category: Ferrous Metals
This Morning in Metals: Steel Dynamics Earnings, Iron Ore Price Forecast, China Falling in Love with Used Cars
This morning in metals, a major player in domestic steel announced when its full-year earnings call will drop, China looks to be giving used cars some love, and Australia’s government appears a bit bearish on iron ore in the next couple years. Two-Month Trial: Metal Buying Outlook Iron Ore Price Forecast for 2018-2019 Australia’s Department of […]
This Morning in Metals: Chinese Steel Futures Fall Ahead of Dropping Demand
This morning in metals news, Chinese steel futures fell, iron ore has done well to start 2018 and a new copper deposit has been discovered in Ecuador. Two-Month Trial: Metal Buying Outlook Chinese Steel Futures Break Three-Day Upward Streak Chinese steel futures fell on Thursday, breaking a three-day streak of gains, according to Reuters. The […]
Tata Steel Looks to Build on Solid 2017 Performance
Tata Steel has a couple of things going for it in the new year — but before we get into that, 2017 was a bit kinder to it than the preceding two years. And we are not saying that, but the CEO and MD of Tata Steel, T.V. Narendran himself, told a gathering of employees […]
This Morning in Metals: U.S. Raw Steel Closes 2017 with 1.63M NT Output
This morning in metals news, U.S. raw steel production for the final week of 2017 hit 1.63 million net tons, some Indian steel companies are upset about a hike in iron ore prices and zinc hits a 10-year high Raw Steel Production to Close ’17 Falls From Previous Week According to weekly data from the […]
This Morning in Metals News: Chinese Steel Futures Start Strong in New Year
This morning in metals news, Chinese steel futures start the year on the right foot, the automotive sales outlook for 2018 is not quite as bright as it has been in recent years and gold reaches a three-month high. Chinese Steel Futures Start ’18 Strong Chinese steel futures started the year on the right foot, […]