U.S. steel imports through the first 11 months of 2019 were down 17% compared with the same period in 2018, according to preliminary U.S. Census Bureau data. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Imports through the first 11 months of 2019 reached 23.9 millions […]
Category: Metal Prices
Trump expands Section 232 tariffs on steel, aluminum derivatives
Late Friday, the Trump administration announced it would raise the Section 232 steel and aluminum tariffs, originally imposed in 2018, on imports of steel and aluminum derivatives. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! “The Secretary has informed me that domestic steel producers’ capacity utilization […]
Global aluminum production picks up in December; China’s ’19 output down from ’18
Global aluminum production ticked up in December 2019 to 5.44 million tons, up from 5.26 million in November 2019, according to recent data from the International Aluminum Institute. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! However, December 2019 production was down slightly from December 2018, […]
Week in Review: Industrial production; steel capacity utilization; IMF growth forecasts
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: the Federal Reserve’s recent industrial production report, the U.S.’s December boom in housing starts, the U.S. steel sector’s capacity utilization rate and the International Monetary Fund’s latest growth projections. […]
This Morning in Metals: E.U. eyes potential tariffs on stainless steel from China, Taiwan, Indonesia
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. […]
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 — […]