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: Receive the latest short-term and long-term outlook for the full range of industrial metals (base and ferrous) at the annual MetalMiner Forecasting Workshop on Aug. 25. Week of Aug. 16-20 […]
Category: Logistics
Global shipping market deteriorates further
The global shipping market has been a depressing topic to report on this year. We have posted two or three updates on the state of play over the last eight months, each time expecting the situation to improve. Depressingly, by the time we come back to it, it has, if anything, gotten worse. Stay up […]
The global shipping market is getting worse rather than better
The global logistics market has gone through a horrible winter. The pandemic caused massive disruption. US and European ports became gummed up with PPE and medical equipment. This resulted in port delays and tens of thousands of containers being out of position at destination when they are needed at origin, further exacerbating a lack of […]
Supply chain shortages: could one industry’s challenge be another’s solution?
Metal prices have been rising this year, in part because of a rapid recovery in consumer spending and manufacturing following last year’s lockdowns. China led the recovery, but the recoveries have strengthened in North America and, to a lesser extent, Europe. As vaccines have rolled out, particularly in the US, sentiment has improved. Consumers have […]
A year later: Chatting with Josh Gilbert of Temperance Beer Co. on the aluminum can shortage, COVID-19 impacts
A little over a year has come and gone since the COVID-19 pandemic took hold in the US. In addition to the immense human toll, the pandemic has changed the way many people live their lives. Work situations have changed, as many have switched out commutes to the office for a morning commute to their […]
This Morning in Metals: US steel capacity utilization rate reaches 78.0%
This morning in metals news: US steel capacity utilization reached 78.0% last week; Rio Tinto released its Q1 production results; and the Pilbara Ports Authority reported March shipping figures. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. US steel […]
Week in Review: Steel imports; April 2021 MMO; Suez Canal aftermath
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, including the Suez Canal blockage, the April 2021 MMO, Western European hot rolled coil prices and much more: Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis […]
China, Russia see Suez Canal blockage as an opportunity
The weeklong blockage of the Suez Canal — coming as it does on top of a year of escalating ocean freight rates for the Asia-European trade, port congestion in both regions and shipping delays — has inevitably prompted debate about alternatives. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help […]
Ever Given freed in Suez Canal, but ripple effect on trade will linger
As the days went by and the disruption from the blockage of the Suez Canal by the container vessel Ever Given increased, the implications became more and more severe. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. Not all of those 360 vessels backed up waiting for […]
Week in Review: Semiconductor shortage; MetalMiner webinar; rising Midwest Premium
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including coverage of the semiconductor shortage, the Midwest Premium and more. A fire at a Japanese chip-making plant last week has slammed automotive operations. General Motors, Ford and many other automakers have […]