Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, which included stories on: steel production and the falling steel price; a dip in aluminum production and the flagging aluminum price; U.S. oil exports; and a survey of U.S. electronics […]
Category: Ferrous Metals
This Morning in Metals: U.S. Steel Imports Down 13.7%
This morning in metals news, the U.S.’s imports of steel are down 13.7% in the year to date, miner Glencore is partnering with other companies at the World Economic Forum on responsible sourcing and the Aluminum Association supported a bipartisan letter to Congress lobbying for an aluminum import monitoring program. Keep up to date on […]
China’s Steel Capacity Rising Just as Demand is Weakening
A recent Platts report offers a worrying picture of overcapacity in the Chinese steel market, which could have ramifications for steel prices worldwide. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. When Europe or the U.S. has an overcapacity issue, domestic producers suffer […]
U.S. Steel Prices Plunge; Production Last Week Fell Below 80% Capacity
U.S. raw steel production for the week ending Oct. 19 slowed, with the sector’s capacity utilization rate checking in just below the important 80% mark, all coming as steel prices continue to fall — in some cases, to late 2016 levels. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Capacity […]
This Morning in Metals: Sign Up for MetalMiner-Avetta Webinar on Hiring in Manufacturing
This morning in metals news, this week’s MetalMiner-Avetta webinar is fast approaching, global steel industry groups demand action on steel excess capacity, and Anglo American released its third-quarter production results and full-year guidance revisions. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Sign […]
This Morning in Metals: DOC Rules in Anti-Dumping, CVD Investigation of Stainless Steel Kegs
This morning in metals news, the U.S. Department of Commerce announced rulings in investigations of stainless steel kegs from China and Germany, copper prices rose on labor tensions in Chile, and the UAW’s strike continues as it mulls ratification of a tentative deal with General Motors reached last week. Keep up to date on everything […]
The October MMI Report: Steel Prices Slide, U.S. Readies E.U. Tariffs
The October 2019 Monthly Metals Index (MMI) report is in the books. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. This month, just one of the Monthly Metals Indexes (MMIs) increased, while six declined and three held flat. Some highlights from this month’s MMIs: After […]
This Morning in Metals: Steel Capacity Utilization Rate Falls to 80.3%
This morning in metals news, the U.S. steel sector’s capacity utilization rate inched down another tenth of a percentage point, the U.S. raised its steel tariffs on Turkey to 50% and Chinese iron ore futures fell Tuesday. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
Global Steel Demand Forecast to Rise 3.9% in 2019
The World Steel Association forecast global steel demand will rise 3.9% in 2019 and by 1.7% in 2020. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the World Steel Association’s October Short Range Outlook (SRO), global steel demand in 2019 is forecast to reach 1,775.0 million tons and […]
Week in Review: WTO’s Airbus Ruling, EVs and SUVs, and the GM Strike
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, which included: the U.S. and E.U.’s ongoing WTO battle over Boeing and Airbus subsidies, falling steel prices, rising SUV demand, and the nationwide strike at General Motors: Keep up to […]