As if the social cost of the coronavirus Covid-19 were not bad enough, some sectors of China’s industrial economy are suffering growing pain despite a supposed return to work last week. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. The property sector, which […]
Category: Ferrous Metals
World Steel Association: Global steel production rises 2.1% in January
As the impact of the coronavirus outbreak began to be felt in latter half of January and into February, the total scope of the health crisis and its ramifications for economies around the world remains to be seen. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request […]
Environmental disaster meets intractable economics at Italy’s Ilva steelworks
As an example of how often there are no easy answers to the most intractable problems, Italy’s Ilva steel plant, as it was known, is an example of many problems and many solutions — none of them without consequences. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a […]
This Morning in Metals: ITC determines U.S. industry not injured by fabricated structural steel imports
This morning in metals news, the U.S. International Trade Commission (USITC) made a negative determination in the ongoing anti-dumping probe of fabricated structural steel imports, the Pilbara Ports Authority released January shipment data and Norsk Hydro will offer aluminum solutions for ships under construction for a Norwegian shipowner. Metal prices fluctuate. Key is knowing when […]
This Morning in Metals: Stocks reel amid spreading coronavirus threat
This morning in metals news, stock markets took heavy losses Monday, U.S. raw steel production is up 1.1% in the year to date and concerns abound regarding workers at Baowu Steel’s Wuhan plant amid the coronavirus outbreak. Request a 30-minute demo of the MetalMiner Insights platform now.
China’s steel industry likely to see cutbacks as stocks rise amid coronavirus crisis
Not surprisingly, the steel sector in China is one of many going through acute uncertainty at the moment over fears the coronavirus spreading from Wuhan is still not under control. As a result, it is becoming increasingly apparent steel demand is going to be down for some time to come. MetalMiner’s monthly buying outlook reports […]
Week in Review: MMI week; palladium prices; U.K. automotive sector after Brexit
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: U.S. steel prices, 2019 metals sector M&A activity, palladium prices, the copper market amid the coronavirus outbreak, the British automotive sector and more. Looking for metal price forecasting and […]
This Morning in Metals: U.S. Steel layoffs; Braidy needs $500M; Aluminum Association announces new leader
This morning in metals news, U.S. Steel recently underwent another round of layoffs, Braidy Industries‘ new CEO said the company still needs $500 million for its Kentucky aluminum mill, and the Aluminum Association announced its new president and CEO. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request […]
Stainless MMI: Index drops in January on nickel price weakness
The Stainless Steel Monthly Metals Index (MMI) gave up five points this month, setting the value back to 70. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! LME nickel prices dropped slightly below the $13,000/mt price level in late January when industrial metals prices, generally speaking, […]
This Morning in Metals: Novelis reports net income up 37% in Q3 FY20
This morning in metals news, Novelis Inc. reported its quarterly financial results, steel trade in China slows amid coronavirus fears and India’s carbon emissions are projected to soar over the next 30 years. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.