Whether we agree with the rationale or not, the carbon footprint of everyday materials like steel and aluminum is becoming an increasingly important component of consumers’ purchasing decisions. In the US, some states — like California — have mandated purchasing departments for state projects to report the carbon footprint or CO2 content of the products […]
Category: Ferrous Metals
This Morning in Metals: Industrial energy-related CO2 emissions down by 8% in 2020
This morning in metals news: energy-related emissions from the US industrial sector fell by 8% in 2020; meanwhile, Chinese steel production remains strong despite production curbs in Tangshan; and, lastly, GlobalData forecast Chile’s copper production will rise by 3.7% this year. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. […]
Week in Review: US steel capacity utilization; European steel; copper market shift
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Week in Review, April 5-9 (steel capacity utilization, […]
This Morning in Metals: US steel capacity utilization reaches 77.9%
This morning in metals news: the US steel capacity utilization rate ticked up to 77.9% last week; Novelis announced new sustainability targets; and the United States International Trade Commission (USITC) issued a ruling on seamless carbon and alloy steel standard, line and pressure pipe. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you […]
Construction MMI: February 2021 construction spending dips, pending home sales also down
The Construction Monthly Metals Index (MMI) ticked up 1.0% for this month’s reading, as US construction spending dipped in February. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. US construction spending Construction spending in February reached a seasonally adjusted annual […]
Automotive MMI: Automakers race ahead to strong Q1 2021 auto sales
The Automotive Monthly Metals Index (MMI) rose by 2.5% for this month’s reading, as Q1 2021 auto sales surged. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. US automotive sales The first quarter is in the rear-view mirror. General […]
McKinsey report: European steel faces major challenges in the years ahead
The European steel industry faces three major challenges, following the impacts of the COVID-19 global and the 2008-09 financial crisis, management consultancy McKinsey & Company stated. “European steel producers should consider making a series of short-term operational and medium- to long- term strategic moves to ensure economic and environmental sustainability going forward,” McKinsey said in […]
Week in Review: Steel imports; April 2021 MMO; Suez Canal aftermath
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, including the Suez Canal blockage, the April 2021 MMO, Western European hot rolled coil prices and much more: Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis […]
US steel capacity utilization ticks up to 77.6%
After dipping slightly the previous week, US steel capacity utilization jumped to 77.6% for the week ending March 27, the American Iron and Steel Institute (AISI) reported. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. US steel capacity utilization […]
Tight supply continues to push hot rolled coil prices upward in Western Europe
Continued tight supply for hot rolled coil in Western Europe has further pushed up prices for the flat product over the past 10 days. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Hot rolled coil heats up Some producers’ offer prices from late last week are now at least […]
