This morning in metals news, a Turkish conglomerate is reportedly ready to step into the British Steel process if Jingye Group’s takeover effort falls apart, copper prices fell to a two-week low and an Indonesian company aims to augment its aluminum production. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Category: M&A Activity
This Morning in Metals: Rio Tinto releases Q4 production results
This morning in metals, miner Rio Tinto recently released its Q4 production results, China unveiled new copper scrap and aluminum scrap regulations, and China’s Jingye Group has called on consultants to help strengthen its case for its British Steel takeover plans. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
Renewables/GOES MMI: Major U.S. companies sued over child mining of cobalt in Africa
The Renewables Monthly Metals Index (MMI) gained two points for a January MMI reading of 98. (Editor’s Note: This report also includes analysis of grain-oriented electrical steel.) Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Several U.S. majors named in lawsuit over child mining of cobalt CBS […]
Fiat Chrysler, PSA merge to form the fourth-largest automaker in the world
In early June, automakers Fiat Chrysler and Renault looked as if they were on the verge of a 50-50 merger that would have created a $35 billion global auto giant, the No. 3 automaker in the world.
This Morning in Metals: House approves USMCA trade deal
This morning in metals news, the U.S. House of Representative approved the United States-Mexico-Canada Agreement (USMCA) with bipartisan support, Katanga Mining is acquiring land rights from Gecamines and China’s antitrust authority granted approval to Novelis for its proposed acquisition of Aleris. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
ArcelorMittal, Nippon Steel complete acquisition of India’s Essar Steel
It may have taken well over 850 days for its culmination, but the recent completion of an acquisition in India is being touted as the “single-biggest recovery” under the Insolvency and Bankruptcy Code (IBC) process in India.
This Morning in Metals: Alcoa to close Point Comfort alumina refinery
This morning in metals news, Alcoa announced the closure of its Point Comfort alumina refinery, Glencore makes an acquisition and Alro Steel will open a new facility in February 2020. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Alcoa to close Point Comfort refinery Alcoa announced […]
This Morning in Metals: USTR outlines ‘historic’ first phase trade deal
This morning in metals news, the United States Trade Representative outlined the mini-trade deal reached with China late last week, ArcelorMittal and Nippon Steel completed their acquisition of Essar Steel, and the Pilbara Ports Authority saw its November throughput increase 8% year over year. Looking for metal price forecasting and data analysis in one easy-to-use […]
Cliffs-AK Steel merger not likely to leapfrog EAFs
Cliff’s acquisition of AK Steel suggests it can leapfrog EAF steel producers like Nucor and SDI with a better raw material cost structure, cost synergies and new pig iron production.
This Morning in Metals: Automakers Await Trump’s Section 232 Auto Tariff Decision
This morning in metals news, the world is waiting on the Trump administration’s Section 232 auto tariff decision, an Indian Supreme Court ruling opens the door for ArcelorMittal to finally acquire the bankrupt Essar Steel and Rio Tinto plans to raise funds for the rehabilitation of the Ranger uranium mine in Australia. Need buying strategies […]
