According to recent data from the International Aluminum Institute, global aluminum production in November totaled 5.19 million tons, down from 5.35 million tons the previous month. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Production in November was also down on a year-over-year basis compared with 5.33 million tons produced in November 2018. […]
Category: Metal Prices
U.S. steel production up 1.8% in 2019
According to recent data from the American Iron and Steel Institute (AISI), U.S. raw steel production for the year through Dec. 21, 2019, had increased 1.8% compared with the same period in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Production for the nearly full year in 2019 totaled […]
Week in Review: Housing starts, copper production and the Fiat Chrysler-PSA merger
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 coverage of: housing start data, copper mine production, the Fiat Chrysler–PSA merger and more. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
U.S. Steel posts Q4 losses, announces over 1,500 job cuts in Michigan
In its final quarterly report of the year, U.S. Steel last week cited a need to change to mitigate factors outside of its control. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Changes have come of late in the form of job losses and plant closures. Last week, U.S. Steel […]
Global copper mine production down 0.4% through Q3
Copper mine production fell slightly through the first three quarters of the year and prices have showed some upward momentum in Q4.
ArcelorMittal, Nippon Steel complete acquisition of India’s Essar Steel
It may have taken well over 850 days for its culmination, but the recent completion of an acquisition in India is being touted as the “single-biggest recovery” under the Insolvency and Bankruptcy Code (IBC) process in India.
U.S. steel industry’s year-to-date capacity utilization holds at 80.1%
The U.S. steel industry’s capacity utilization rate for the year through Dec. 14 held at 80.1% for the second straight week, according to weekly production reported by 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! The U.S. steel industry […]
This Morning in Metals: LME copper price rises to seven-month high
This morning in metals news: copper prices surged to their highest level in seven months; the acquisition of British Steel is progressing, according to prospective Chinese buyer Jingye; and USTR Robert Lighthizer communicated with Mexico regarding USMCA implementation. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
Week in Review: Tariffs on Argentina, Brazil?; nickel prices slide; Saudi Aramco debuts on Riyadh exchange
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Stuart Burns on President Donald Trump’s recent announcement regarding tariffs on steel and aluminum […]
Power outages in South Africa cause platinum, palladium price rises
Platinum has had a decent year from a price perspective. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Not as strong as palladium, by any means. But despite the travails of the global automotive market, tighter emissions standards have helped demand. But now price support has […]