This morning in metals news, U.S. Steel announced a number of measures in response to the coronavirus crisis and falling oil price, concerns have been raised regarding cleaning procedures at a Michigan steel mill, and Republican senators have asked President Donald Trump to roll back trade barriers amid the coronavirus outbreak. Looking for metal price […]
Category: Metal Prices
Europe’s steel industry under pressure amid falling orders, personnel challenges
Europe’s steelmakers are cutting production and idling factory lines as an industry already buckling under a severe market downturn girds itself for the economic fallout from coronavirus, the Financial Times reports. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Companies such as Thyssenkrupp and Tata Steel […]
Global copper mine production down 0.7% in 2019
Global copper mine production dipped last year compared with 2018, according to the most recently monthly data from the International Copper Study Group (ICSG). Request a 30-minute demo of the MetalMiner Insights platform now. Copper concentrate production declined 0.6% and solvent-extraction electrowinning fell by around 1%, the ICSG reported.
India’s steel sector faces challenges from coronavirus, Beijing’s export incentives
Like in other countries, the outbreak of COVID- 19 and the subsequent lockdown threatens to disrupt India’s steel production. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! What’s more, there are reports coming in now that Indian steel companies will face even more competition from rivals […]
This Morning in Metals: Senate to vote on $2 trillion stimulus package
This morning in metals news, the U.S. Senate is prepared to vote on a $2 trillion stimulus package Wednesday, U.S. steel imports are down 21% and U.S. Steel is idling its Lorain tubular plant.
Finally, gravity is reasserting itself on iron ore prices
Just as we were about to go to press with an article on the surprising resilience of seaborne iron ore and coking coal prices in Asia, the market in Asia closed yesterday with heavy falls – they beat us to it. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
This Morning in Metals: Congo locks down mining province after coronavirus cases
This morning in metals news, the Democratic Republic of the Congo has reportedly locked down a mining province for 48 hours, the U.S. steel sector’s steel capacity utilization rate is 81.7% for the year through March 14 and Ford provided an update on its North American operations amid the coronavirus crisis. Looking for metal price […]
MetalMiner’s pop-up webinar overviews coronavirus, oil price impacts
How will the coronavirus outbreak and oil price volatility impact metal prices in 2020 and how can industrial metal buying organizations be prepared for what’s ahead? Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! This past Friday, the MetalMiner team hosted a pop-up webinar on that […]
Aluminum mills are moving down the carbon league tables
Despite a plunging LME price and dire short-term prospects for metal consumption in Europe and the U.S., aluminum mills are still following through on long-term plans to improve their environmental credentials. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! They are doing this, particularly, to lower […]
This Morning in Metals: Turkey launches WTO dispute over E.U.’s steel safeguard
This morning in metals news, Turkey has objected to the E.U.’s steel safeguards at the World Trade Organization (WTO) level, copper prices continue to plummet and Chinese iron ore prices took heavy losses Monday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!