Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including coverage of: copper prices, the automotive sector’s push to restart production, oil prices and more. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights […]
Category: Ferrous Metals
Stainless MMI: Index ticks up 4.8% as demand in China begins to recover
The Stainless Monthly Metals Index (MMI) rose 4.8% this month.
Raw Steels MMI: Steel sector eyes demand pickup as automakers prepares to restart production
The Raw Steels Monthly Metals Index (MMI) held flat this month.
This Morning in Metals: U.S. steel shipments drop 6.3% in March
This morning in metals news, U.S. steel shipments fell in March, Chinese stainless steel futures surged to a nine-month high and BHP made its first yuan-denominated sale of iron ore to China’s Baosteel.
This Morning in Metals: Novelis, ArcelorMittal, Barrick Gold report quarterly results
This morning in metals news, Novelis Inc. reported fiscal year 2020 net income fell 3%, ArcelorMittal has opted to suspend dividend payments and Barrick Gold has benefited from the gold price’s rise this year. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: Reuters: Trump administration to draft plans for moon mining
This morning in metals news, Reuters reports the Trump administration plans to unveil plans that will outline a legal framework for mining on the moon, Norsk Hydro recently released its first-quarter results and Chinese iron ore futures made gains Wednesday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
Construction MMI: Construction spending rises 0.9%; housing starts fall 22%
The Construction Monthly Metals Index (MMI) held flat this month.
This Morning in Metals: Steel capacity utilization rate falls to 51.1% last week
This morning in metals news, the U.S. steel sector’s capacity utilization rate fell to 51.1% for the week ending May 2, Cleveland-Cliffs’ AK Steel Dearborn Works will be shuttered, and the U.S. Department of Commerce will self-initiate a Section 232 investigation of imports of laminations and wound cores for incorporation into transformers, electrical transformers, and […]
Week in Review: Copper production; China’s road to recovery; quarterly output updates
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner, including coverage of: copper production; aluminum tariff exclusion reform; the nickel market; global steel production; and much more.
U.S. steel imports jump 16% in March; oil country goods see import surge
U.S. imports of steel jumped in March from the previous month, hitting a preliminary total of 1.6 million metric tons compared with February’s 1.4 million metric tons, according to the Census Bureau. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!