This morning in metals news, the European Union has registered flat-rolled stainless steel imports from a trio of Asian countries in what could be a prelude to tariffs, China’s Jingye Group plans to cut 500 jobs as part of its British Steel takeover and manufacturers look to adapt to business conditions in the years ahead. […]
Category: Metal Prices
This Morning in Metals: Turkey’s Cengiz eyes Jingye’s British Steel takeover bid
This morning in metals news, a Turkish conglomerate is reportedly ready to step into the British Steel process if Jingye Group’s takeover effort falls apart, copper prices fell to a two-week low and an Indonesian company aims to augment its aluminum production. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Global copper mine production down 0.3% through first 10 months of 2019
The International Copper Study Group (ICSG) reported global copper mine production fell 0.3% through the first 10 months of 2019. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! According to the ICSG, concentrate production during the period was flat, while solvent extraction-electrowinning fell 1%. Production in […]
U.S. steel industry’s capacity utilization rate hits 82.3%
The U.S. steel sector reached a capacity utilization rate of 82.3% for the year through Jan. 18, according to the American Iron and Steel Institute (AISI). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Production for the year to date reached 4.94 million tons, up 2.6% […]
This Morning in Metals: BHP copper production up 7% in H2 2019
This morning in metals news, BHP released its half-year production results, the GFG Alliance unveiled a new aluminum group and copper prices have been on the rise early this year. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! BHP’s copper production rises 7% Miner BHP released […]
Fed: Total industrial production down in December; mining, manufacturing up
According to the U.S. Federal Reserve’s latest report on industrial production, industrial production in December dipped 0.3%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Industrial capacity utilization dipped by 0.4 percentage point to 77.0%, which is down from the long-run average — from 1972-2018 — […]
Week in Review: Steel prices rise; U.S., China ink trade deal; Senate passes USMCA
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including: steel prices, commodities markets, precious metals, the U.S.-China Phase One trade deal and the Senate’s approval of the United States-Mexico-Canada Agreement.
After lengthy House approval process, Senate swiftly approves USMCA
The successor to the 1994 North American Free Trade Agreement, dubbed the United States-Mexico-Canada Agreement (USMCA), has now made its way through both chambers of the U.S. Congress. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In December, the White House and House Democrats reached a […]
This Morning in Metals: Alcoa releases Q4, 2019 financial results
This morning in metals news, aluminum maker Alcoa released its financial results for Q4 and 2019, an Ohio steel plant touts investment that it says will bring new jobs and a Pittsburgh-based metals manufacturer says it will have to close a facility unless it wins a steel tariff exemption. Looking for metal price forecasting and […]
Indian mining sector breathes sigh of relief after government amends mining law
Steel companies and mining companies in India have heaved a sigh of relief after the federal government amended the prevailing mining law to permit the “seamless transfer” of regulatory approvals to new owners of operational iron ore mines, the Economic Times reported. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
