This morning in metals news, the U.S. Bureau of Labor Statistics released monthly jobs data Friday, Liberty Steel Group announced it is the preferred buyer for Bayou Steel Group and U.S. November steel shipments dropped 3.1%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Unemployment rate […]
Category: Ferrous Metals
This Morning in Metals: Senate committee approval moves USMCA one step closer to ratification
This morning in metals news, the United States-Mexico-Canada Agreement (USMCA) received a bipartisan push from the Senate Finance Committee, average retail gasoline prices in 2019 were down compared with the previous year and iron ore futures in China reached an over five-month high. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]
This Morning in Metals: U.S. steel sector starts 2020 with 82% capacity utilization
This morning in metals news, the U.S. steel sector posted a capacity utilization rate of 82.0% to start the new year, copper prices made gains Tuesday and the Port Talbot steelworks’ losses continue to trouble Tata Steel.
This Morning in Metals: U.S. raw steel production up 1.9% in 2019
This morning in metals news, U.S. raw steel production in 2019 increased 1.9% over 2018, Rio Tinto announced the restart of operations at its Richards Bay Minerals operation in South Africa and the U.S. Department of Commerce made an affirmative preliminary antidumping duty determination related to collated steel staples from China.
India’s steel sector struggled in 2019 — but what does 2020 hold?
For Indian steel producers, 2019 was an unremarkable year.
Global crude steel production falls 1.0% in November
Breaking a long stretch of growth, global steel production has been on the decline over the last few months. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After falling 0.6% and 3.1% on a year-over-year basis in September and October, respectively, global production fell 1.0% in November, according to the […]
U.S. steel production up 1.8% in 2019
According to recent data from the American Iron and Steel Institute (AISI), U.S. raw steel production for the year through Dec. 21, 2019, had increased 1.8% compared with the same period in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Production for the nearly full year in 2019 totaled […]
Best of 2019: The year in steel, from falling prices to a tariff removal
Continuing our look back at some of the most-viewed posts of the year on MetalMiner, today we’ll take a look at some of the most popular steel-centric posts of the year. Below are the top 10 most-viewed steel-centric posts here on MetalMiner this year: Looking for metal price forecasting and data analysis in one easy-to-use […]
U.S. Steel posts Q4 losses, announces over 1,500 job cuts in Michigan
In its final quarterly report of the year, U.S. Steel last week cited a need to change to mitigate factors outside of its control. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Changes have come of late in the form of job losses and plant closures. Last week, U.S. Steel […]
This Morning in Metals: Trump backs off from steel, aluminum tariffs on Brazil
This morning in metals news, President Donald Trump won’t go through with a previous tariff threat on Brazilian steel and aluminum, Chinese stainless steel production growth is forecast to drop in 2020, and a power outage impact Norsk Hydro operations last week. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
