U.S. raw steel production for the week ending Oct. 19 slowed, with the sector’s capacity utilization rate checking in just below the important 80% mark, all coming as steel prices continue to fall — in some cases, to late 2016 levels. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Capacity […]
Category: Metal Prices
Global Aluminum Production Falls — But So Do Aluminum Prices
According to the International Aluminum Institute, global aluminum production totaled 5.16 million tons in September, down from 5.33 million tons in August and 5.30 million tons in September 2018. Despite the decline in production, prices have not received a boost — in fact, the LME aluminum price per pound is hovering at around $0.78 per […]
This Morning in Metals: DOC Rules in Anti-Dumping, CVD Investigation of Stainless Steel Kegs
This morning in metals news, the U.S. Department of Commerce announced rulings in investigations of stainless steel kegs from China and Germany, copper prices rose on labor tensions in Chile, and the UAW’s strike continues as it mulls ratification of a tentative deal with General Motors reached last week. Keep up to date on everything […]
Copper Supply Grows, Putting More Pressure on Prices
A growing copper supply is not exactly what copper producers wanted to hear, as a new mine with a 100-year life span has been announced. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Prices have been depressed all year, with worries about deteriorating […]
This Morning in Metals: MetalMiner Webinar to Explore Manufacturing Talent Gap
This morning in metals news, an upcoming MetalMiner webinar will explore the challenges manufacturers face in talent acquisition, the nickel price continues to fall after a hot summer and miner BHP released its production results for the quarter ending Sept. 30. Keep up to date on everything going on in the world of trade and […]
The October MMI Report: Steel Prices Slide, U.S. Readies E.U. Tariffs
The October 2019 Monthly Metals Index (MMI) report is in the books. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. This month, just one of the Monthly Metals Indexes (MMIs) increased, while six declined and three held flat. Some highlights from this month’s MMIs: After […]
This Morning in Metals: Rio Tinto’s 3Q Iron Ore Production Rises 6%
This morning in metals news, Rio Tinto released its third-quarter production figures, India has proposed an anti-dumping duty on flat-rolled steel from China and other countries, and copper prices dropped after a strike was averted at Chile’s Antofagasta. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
Renewables MMI: Glencore Signs Cobalt Supply Deal with China’s GEM
The Renewables Monthly Metals Index (MMI) slipped one point for an October MMI reading of 98. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Glencore Signs Cobalt Supply Deal with China’s GEM Mining giant Glencore has entered into a cobalt supply agreement with China’s […]
Week in Review: WTO’s Airbus Ruling, EVs and SUVs, and the GM Strike
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: the U.S. and E.U.’s ongoing WTO battle over Boeing and Airbus subsidies, falling steel prices, rising SUV demand, and the nationwide strike at General Motors: Keep up to […]
This Morning in Metals: U.S. Steel Announces New CFO, Corporate Model
This morning in metals news, it was a busy week for U.S. Steel, copper hit a two-week high and miner Rio Tinto signed its first portside iron ore contract in Chinese currency. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel Looks […]