This morning in metals news, the U.S. steel industry received a downgrade from Moody’s, a Russian tin producer is looking to expand production and oil prices have taken a fall. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Moody’s Down on U.S. Steel […]
Category: Ferrous Metals
Week in Review: Steel Production, Copper Prices and India’s Nuclear Power Capacity
Before we head into the weekend, let’s take a look back at this week’s coverage on MetalMiner, which included analysis of Chinese steel production, the U.S.’s search for sources of rare earths outside of China, and falling copper and aluminum prices. Keep up to date on everything going on in the world of trade and […]
Automotive MMI: After Strong August, Sales Slow in September
The Automotive Monthly Metals Index (MMI) held flat this month for an MMI reading of 85. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Auto Sales The Big 3, which now all report sales on a quarterly basis, released sales figures for the […]
Copper Prices Forecast to Weaken Further Amid Gloomy Chinese Demand Picture
I have often thought the moniker of Dr. Copper to be something of a misnomer for the red metal. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. The argument goes copper’s core roles in numerous industries – power generation and transmission, consumer electronics, […]
Global Steel Production Rises 3.4% in August; China’s Production Jumps 9.3%
Global crude steel production increased 3.4% in August on a year-over-year basis, the World Steel Association reported. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Production for the month reached 156 million tons, according to the World Steel Association report, which collects production […]
China’s Steel Output is Rising Despite Forced Production Cuts
You often hear conflicting stories about Chinese steel production. Outright production capacity has been reduced as older facilities were closed under orders from Beijing in 2016-18, while much illegal or non-approved low-quality steel mills, whose output never appeared on reported results, have been forcibly closed. Keep up to date on everything going on in the […]
Week in Review: Steel Prices, Greenland’s Resources and U.S.-India Trade
Before we head into the weekend, let’s take a look at the week that was and some of the storylines on MetalMiner, which this week touched on steel prices, the potential opening up of Greenland’s resources and U.S.-India trade talks. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
This Morning in Metals: U.S. Steel Imports Down 13.6% This Year
This morning in metals news, U.S. imports of steel through the first eight months of the year are down 13.6%, Rio Tinto signed a memorandum of understanding (MOU) with China’s largest steel producer and LME copper prices fell Thursday. Keep up to date on everything going on in the world of trade and tariffs via […]
Chinese Currency Devaluation Helps Reverse the U.S.-Chinese Steel Price Spread
The primary reason to pay attention to Chinese steel prices pertains to the country’s price leadership in the global marketplace. However, since currency dynamics shifted recently, now is a good time to take a more tactical look at the U.S.-China steel price spread. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
U.S. Steel Production Falls, Capacity Utilization Drops to 80.6%
While U.S. steel production continues to remain up in the year to date compared with last year, production has slowed of late. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Year-to-date steel production (through Sept. 21, 2019) reached 70.77 million net tons at […]
