To an external viewer, the wheels can appear to grind slowly at the world’s oldest metal exchange. But the years have taught the London Metal Exchange about the danger of hasty rule changes — often made for the best of intentions, such changes can lead to unexpected consequences. Keep up to date on everything going […]
Category: Metal Prices
U.S. Steel Sector’s Capacity Utilization Hits 81.6%; Steel Price Slide Continues
The U.S. steel sector notched a capacity utilization rate of 81.6% for the week ending Nov. 2, according to a recent American Iron and Steel Institute (AISI) report, as U.S. steel prices continue to plunge. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
The November MMO Report: U.S. Steel Prices Continue to Fall; IMF Cuts Growth Forecast
MetalMiner’s November 2019 Monthly Metal Buying Outlook is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Monthly Metal Buying Outlook, released at the beginning of every month, offers analysis and buying strategies for 10 metals: Aluminum Copper Nickel Lead Zinc Tin Hot-Rolled Coil (HRC) Cold-Rolled Coil […]
Week in Review: Deal Value Declines, Steel Production Drops, PSA Groupe to Merge with Fiat Chrysler
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, which included a PwC report on mining and metal deals, global steel production, lead and zinc forecasts, and an automotive merger of PSA Groupe and Fiat Chrysler. Keep up to […]
Protests Shake Top Copper Producer as Chile Pulls Out of APEC Summit
Global copper mine production through the first seven months of 2019 declined by 1.3% year over year, according to a recent report by the International Copper Study Group (ICSG). Concentrate production fell 1.0%, while solvent extraction-electrowinning fell by 2.7% during the period, according to the ICSG. Keep up to date on everything going on in […]
This Morning in Metals: USTR to Consider Extension of Tariff Exclusions on $34B of Chinese Goods
This morning in metals news, the United States Trade Representative will soon consider whether to extend tariff exclusions granted last year for imports of certain products from China, the GFG Alliance is aiming to consolidate its steel operations and make the new consolidated entity carbon-neutral by 2030, and LME copper prices continue to make gains […]
Global Lead, Zinc Demand Forecast to Fall in 2019
Amid a weakening demand picture for a number of metals, global lead and zinc demand is forecast to decline this year, according to the International Lead and Zinc Study Group (ILZSG). Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Zinc Demand Forecast to […]
After Lifting of Alunorte Embargo, Norsk Hydro Ramps Up Production as Aluminum Prices Fall
Norwegian aluminum, alumina and bauxite producer Norsk Hydro scored a key victory in September when Brazil’s federal court lifted the final embargo on the firm’s Alunorte alumina refinery, allowing it to ramp back up to 100% capacity. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
Week in Review: Steel Prices, U.S. Oil Exports and Iron Ore Supply
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, which included stories on: steel production and the falling steel price; a dip in aluminum production and the flagging aluminum price; U.S. oil exports; and a survey of U.S. electronics […]
China’s Steel Capacity Rising Just as Demand is Weakening
A recent Platts report offers a worrying picture of overcapacity in the Chinese steel market, which could have ramifications for steel prices worldwide. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. When Europe or the U.S. has an overcapacity issue, domestic producers suffer […]
