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: oil prices; construction spending; automotive sales; precious metals; aluminum stocks; and much more. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
Category: Metal Prices
This Morning in Metals: Oil producers reach tentative deal on output cuts … but Mexico holds out
This morning in metals news, oil producers on Thursday (including Saudi Arabia and Russia) reached a deal in principle to slash output, ArcelorMittal is laying off new hires and Chinese iron ore futures made gains to close the week.
Copper MMI: Copper price recovery capped by lackluster demand
The Copper Monthly Metals Index (MMI) fell 10% this month. Lower your metal spend. Trial MetalMiner’s monthly metal buying outlook now.
Aluminum MMI: Aluminum stocks remain elevated despite depressed demand
The Aluminum Monthly Metals Index (MMI) fell 8.8% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: ArcelorMittal to lay off workers at East Chicago steel mill
This morning in metals news, layoffs are coming at ArcelorMittal’s Indiana Harbor steel mill, Japan’s steel output is forecast to plunge and Nevada Copper has suspended its Pumpkin Hollow operations. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Global Precious MMI: Topsy-turvy month for precious metals amid coronavirus, South Africa lockdown
The Global Precious Monthly Metals Index (MMI) fell 7.0% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Indian steel leaders slash output amid COVID-19 disruption
Like their international counterparts, Indian steel companies are under immense stress because of production and demand disruption in the wake of the COVID-19 pandemic. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The Press Trust of India reported Tata Steel and Indian public sector Steel Authority […]
This Morning in Metals: Year-to-date U.S. steel production down 2.7%
This morning in metals news, U.S. steel production during the year to date is down 2.7%, a rise in demand for niche steel products could benefit Chinese steel mills and iron ore shipments from Australia’s Frances Creek mine are set to resume. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
This Morning in Metals: Antofagasta’s Los Pelambres expansion remains on hold
This morning in metals news, Antofagasta’s expansion of its Los Pelambres mine remains on care and maintenance during the coronavirus outbreak, copper prices gained to start the week, and Anglo American released an update on its operations during the pandemic. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
Construction MMI: February construction spending up 6% year over year
The Construction Monthly Metals Index (MMI) fell 8.0% this month.Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!