Piped water to all – a new Government of India (GoI) multimillion-dollar scheme announced recently — comes as a pleasant surprise to India’s steel industry. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Called the “Nal se Jal” scheme (meaning “water connection to all”), this flagship project aims to provide […]
Category: Ferrous Metals
Global Crude Steel Production Rises 4.6% in the First Half of 2019
Global crude steel production reached 925.1 million tons for the first six months of the year, marking a 4.6% increase compared with the same period in 2018, the World Steel Association reported. Year-over-year production growth has fallen each of the last two months, from 6.4% in April to 5.2% in May. Need buying strategies for […]
This Morning in Metals: LME Copper Prices Fall
This morning in metals news, copper dipped on Tuesday, Asian countries are dealing with a glut of steel from China and Heineken is feeling the impact of higher aluminum costs. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Slides The LME copper price dipped Tuesday amid U.S.-China trade talks […]
This Morning in Metals: U.S., China Resume Trade Talks
This morning in metals news, U.S. and Chinese trade negotiators resumed talks this week, Goldman Sachs is pessimistic about copper supply and smaller Chinese steel mills are shaking off anti-pollution laws in an effort to compete against larger steel firms in the country. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
U.S. Steel Imports Down 13% in 1H 2019
The U.S. imported 13% less steel in the first half of 2019 compared with the first half of 2018, the American Iron and Steel Institute (AISI) reported recently. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Through the first six months of the year, U.S. total steel imports reached 15.62 million […]
Week in Review: E.U. Steel Quotas, Samarium Cobalt Magnets and Aluminum Prices
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The European Steel Association again criticized the impact of rising steel quotas included within the steel safeguards […]
Tata Steel Plans to Increase Annual Crude Steel Capacity to 30M Tons by 2025
India’s foremost private sector steel company, Tata Steel, plans to increase crude steel capacity to 30 million tons a year by 2025, from the present level of approximately 20 million tons a year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Toward that goal, the steelmaker said it will raise […]
This Morning in Metals: U.S. June Steel Imports Fall to 1.8M Metric Tons
This morning in metals news, June steel imports in the U.S. declined, U.S.-China trade talks are expected to resume after falling apart in May and copper prices picked up Wednesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook June Steel Imports Hit 1.8M Tons June steel imports in the U.S. […]
This Morning in Metals: Steel Dynamics Announces New Flat-Rolled Steel Mill Site
This morning in metals news, Steel Dynamics announced the site of a planned new flat-rolled steel mill, Norsk Hydro says aluminum demand is falling in Germany and Canadian aluminum producers are enjoying boosted profits on the heels of the removal of the U.S.’s Section 232 tariffs. Need buying strategies for steel? Request your two-month free […]
U.S. Steel Sector Hits Capacity Utilization Rate of 81.1%
For the year as of July 20, the U.S. steel sector notched a capacity utilization rate of 81.1%, up from 77.0% for the same period in 2018, according to the U.S. steel production report released by the American Iron and Steel Institute (AISI). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]