The Raw Steels Monthly Metals Index (MMI) fell by 5.08% from October to November. A number of factors played into steel prices dropping. After U.S. steel prices appeared to flatten, […]
Category: Manufacturing
ArcelorMittal Steel Manufacturing Suffers More Shutdowns
As markets prepare for more bad steel news, ArcelorMittal plans to idle one of two blast furnaces at its Fos-sur-Mer site in southern France. The Luxembourg-headquartered group stated on November […]
Zhongwang’s Roller Coaster Ride Comes Off the Tracks
Recent aluminum supply news remains inundated with the Zhongwang Holdings controversy. Many remember the case from 2019 when US prosecutors accused six southern California companies of evading aluminum import duties. […]
Metal Prices: Tin Could Reverse, Zinc Faces Further Drops
Since the beginning of 2022, tin prices have steadily declined. Indeed, such was the case for many metal prices after the March peak. However, it’s possible tin could see a […]
Iron Ore Demand Remains Strong, But Will It Last?
Concern over China’s economy notwithstanding, iron ore remained relatively stable in September and October. This is of note because historically, these months are one of China’s highest peak demand periods. […]
New Trends in Battery Nickel as EV Demand Rises
Battery original equipment manufacturers (OEMs) have enjoyed a clear trend for much of the last decade. In fact, they’ve largely achieved falling per kWh manufacturing costs thanks to two strong […]
ArcelorMittal Iron Ore Refining Hindered by War in Ukraine
Russian forces continue to wage rocket attacks on Ukraine’s cities and energy networks. So far, the destruction has caused at least one steelmaker and one iron ore producer to lower […]
Advantages of Using Aluminum for CNC Machined Parts
Aluminum, a widely used material option for CNC machines, contains many practical characteristics and properties. Its strength makes it perfect for use in mechanical parts. The oxidized layer on its […]
Chinese Steel Manufacturing Profitability Down 20%
Is it all doom and gloom for Chinese steel manufacturing? It’s hard to tell at the moment. Indeed, China finds itself in a precarious place financially. What’s more, a sizable […]
Glencore Slows Energy-Intensive Zinc Smelting
Glencore plans to place the zinc smelting line at its Nordenham plant in northern Germany on care and maintenance starting November 1. This represents yet another major blow to European […]