The Automotive Monthly Metals Index (MMI) fell 1.3% this month.
Category: Metal Prices
This Morning in Metals: U.S. Steel offers Stelco 25% stake in Minntac
This morning in metals news, U.S. Steel has offered Stelco a 25% stake in its Minntac operation, LME copper fell to a two-week low and China’s industrial profits plunged 36.7% in the first quarter. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Week in Review: Copper production; China’s road to recovery; quarterly output updates
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner, including coverage of: copper production; aluminum tariff exclusion reform; the nickel market; global steel production; and much more.
U.S. steel imports jump 16% in March; oil country goods see import surge
U.S. imports of steel jumped in March from the previous month, hitting a preliminary total of 1.6 million metric tons compared with February’s 1.4 million metric tons, according to the Census Bureau. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
India turns net steel exporter in March
Provisional data for fiscal year 2020 from the Government of India show India became a net exporter of steel with an increase of 31.4% in March 2020. A CNBC report claimed India’s steel consumption had touched the psychological barrier of 100 million tons (MT) this fiscal year. Looking for metal price forecasting and data analysis […]
Steel industry goes cap in hand for government bailout
Every industry claims to be a special case; in times as dire as these, the clamor of claims all but drowns out sensible debate.
This Morning in Metals: Arconic to resume operations at Tennessee facility
This morning in metals news, Arconic Corporation announced it expects to resume operations at its Tennessee facility this week, BHP is looking to expand its iron ore exports from the Port Hedland terminal and China Baowu Steel Group surpassed ArcelorMittal in 2019 as the world’s top steel producer. Looking for metal price forecasting and data analysis […]
Global crude steel production falls 6% in March
The world’s steel output declined by 6% in March compared with output in March 2019, the World Steel Association reported in its most recent monthly output report.
The nickel market first experiences a surplus, then supply fears
Several apparently contradictory recent articles have reported the rise in nickel prices following supply disruptions to miners as a result of the spread of the coronavirus. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Reuters reported that just a few weeks ago market surpluses were expected. […]
Global copper mine production rises 0.5% in January
According to the International Copper Study Group, global copper mine production in January rose 0.5% on a year-over-year basis. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!