This morning in metals news: Nevada Copper announced plans to restart its Pumpkin Hollow mine; the American Iron and Steel Institute (AISI) commented on the $1 trillion infrastructure bill approved by the U.S. House of Representatives last week; and a Florida community has approved the sale of land for the construction of a $120 million […]
Category: Manufacturing
This Morning in Metals: Labor productivity declines in wide range of manufacturing industries in 2019
This morning in metals news, productivity was down for a number of manufacturing industries last year, BHP has executed its first blockchain iron ore trade with China’s Baosteel and copper prices continue to surge.
Week in Review: Industrial production rises; Liberty Steel invests in the future; MW aluminum premium spikes
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:
Fed: U.S. industrial production rises 1.4% in May as automakers restart production
While positive coronavirus cases are on the rise in several parts of the country, industrial production bounced back in May after posting the largest monthly drop in the history of the Federal Reserve’s industrial production index in April.
Fed’s industrial production index posts largest drop in 101-year history
The COVID-19 pandemic continues to wreak havoc on economic activity around the world. That impact was particularly noticeable on the U.S. industrial sector last month.
Automotive MMI: Sales slump as automakers mull production restart plans
The Automotive Monthly Metals Index (MMI) fell 1.3% this month.
Federal Reserve: Industrial production drops 5.4% in March
The U.S.’s industrial production levels plunged in March amid efforts aimed at curbing the spread of COVID-19. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
China logistics face challenges on the heels of coronavirus lockdowns
Manufacturers are increasingly questioning whether their supply chain is likely to be exposed to disruption from the coronavirus outbreak ravaging China. Request a 30-minute demo of the MetalMiner Insights platform now. Even if your company does not source product directly from China, many companies are still predicting supply chain disruption as the raw materials used […]
Week in Review: Tesla’s battery play; supply chains under stress; E.U.-U.K. trade talks
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 coverage of: Tesla’s struggle between price competitiveness and battery range; supply chains amid the coronavirus outbreak; U.S. industrial production; zinc’s global supply deficit; and E.U.-U.K. trade talks. Looking for […]
Federal Reserve: Industrial production drops 0.3% in January
According to the Federal Reserve, U.S. industrial production fell 0.3% in January as “unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft.” “The major market groups posted mixed results in January,” The Fed reported. “The output of business equipment declined 2.6 percent as a […]