This morning in metals news: auto sales in China fell by 9.4% on a year-over-year basis; meanwhile, Norsk Hydro is exploring new renewable hydrogen projects; and, lastly, ArcelorMittal reported its Q3 2021 results, including its strongest net income figure since 2008. MetalMiner has launched a full suite of precious metals as part of the MetalMiner […]
Category: Green
Week in Review: Aluminum prices plunge; U.S., E.U. reach Section 232 deal; magnesium shortages add to supply chain woes
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: MetalMiner has launched a full suite of precious metals as part of the MetalMiner Insights platform. This includes a complete suite of catalytic converter precious metals, which are particularly useful […]
This Morning in Metals: Oil prices fall to four-week low
This morning in metals news: oil prices fell to their lowest since early October; Anglo American said it aims to achieve carbon-neutral shipping by 2040; and, lastly, stainless steel producer Outokumpu announced its Q3 2021 results. MetalMiner has launched a full suite of precious metals as part of the MetalMiner Insights platform. This includes a […]
Miners hold out potential to become carbon neutral
With COP-26 running this week in Glasgow, the environment has been one of the main topics in the news. Rightly so, many of you will say. We are doing a pretty fine job of trashing the planet, so it’s about time we collectively did what we can to reverse the damage. Unfortunately, the metals industry […]
During COP26, Xi calls for ‘stronger actions’; India targets carbon neutrality by 2070
Two countries, two neighbors, two of the most populated countries in the world — China and India talked of their individual approaches to climate change at the COP26 summit in Glasgow, Scotland. The event was delayed by a year because of the COVID-19 pandemic. It comes six years after the landmark Paris accord, which 200 […]
US, EU deal on Section 232 tariffs calls for sustainability cooperation
As we predicted last month, the U.S. and E.U. have used the recent G20 summit in Rome to announce an end to hostilities over the steel and aluminum Section 232 tariffs imposed by the previous Trump administration and perpetuated by President Joe Biden. “We have agreed with the US to pause our steel and aluminium […]
This Morning in Metals: US trade deficit jumps 9.2% in September
This morning in metals news: the U.S. trade deficit in September jumped 9.2% from the previous month; meanwhile, Rio Tinto is partnering with Carbfix on carbon capture and storage technology; and, lastly, Norsk Hydro is investing in a new automotive extrusion press in China. Each month, MetalMiner hosts a webinar on a specific metals topic. […]
Week in Review: Global steel demand; aluminum alloys; store-of-value assets
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: Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Week of Oct. 18-22 (steel demand, aluminum alloys and more) Stuart Burns checked […]
This Morning in Metals: BMW to source steel from Sweden’s H2 Green Steel
This morning in metals news: BMW announced Wednesday it will source steel from Swedish firm H2 Green Steel; meanwhile, miner Freeport-McMoRan today reported its third-quarter and nine-month 2021 results; and, finally, metal prices remain elevated but have taken a step back this week. Stay up to date on MetalMiner with weekly updates – without the […]
This Morning in Metals: Steel capacity utilization hits 85.3%
This morning in metals news: U.S. steel capacity utilization reached 85.3% last week; meanwhile, Lightsource bp touted the launch of a Colorado solar project and the world’s “first steel mill to be powered largely by solar energy”; and, lastly, Rio Tinto announced new decarbonization targets. We’re offering timely emails with exclusive analyst commentary and some […]