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 […]
Category: Metal Prices
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 […]
U.S. Steel Prices Plunge; Production Last Week Fell Below 80% Capacity
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 […]
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 […]