India is almost on the cusp of this year’s festival and wedding season, but the domestic bullion market remains subdued, contrary to historical norms. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The reason? Gold prices in India have rallied 20% this year based on several internal and external factors, […]
Category: Metal Prices
This Morning in Metals: Copper Prices Make Gains
This morning in metals news, the copper price ticked up Wednesday, an appeals court is reconsidering an aluminum antitrust suit involving several big-name companies and Rio Tinto is taking over a mining site in British Columbia. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Rises The copper price […]
ICSG: Global Copper Deficit Reaches 190,000 Tons in First Five Months of 2019
According to a recent report from the International Copper Study Group (ICSG), the global copper supply deficit came in at 190,00 tons for the first five months of the year. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The ICSG reported global copper mine production fell 1% during the first five months of […]
Week in Review: Risk Mitigation, Trump and Greenland, and a Chicago Nonprofit Teaches Skills
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Bill DeMartino of riskmethods recently spoke at MetalMiner’s Forecasting Workshop on the subject of risk mitigation tips and […]
This Morning in Metals: Chinese Iron Ore Falls to 10-Week Low
This morning in metals news, Chinese iron ore futures fell to their lowest level in 10 weeks, JP Morgan weighed in on the impact of tariffs on U.S. consumers and Tokyo Steel has decided to hold its prices steady for September. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore […]
This Morning in Metals: Layoffs Coming at U.S. Steel’s Great Lakes Works
This morning in metals news, U.S. Steel plans to lay off hundreds at its Great Lakes facility, miner BHP released its financial results for the fiscal year and copper prices pull back. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Layoffs Coming at U.S. Steel Plant A new round of […]
Aluminum Market is in Balance – For Now
Various sources are reporting both a slowing in demand growth and a fall in output for primary aluminum. So far this year, that combination has been led by a faster fall in output, pushing the market into a larger deficit position as the first half progressed. Buying Aluminum in 2019? Download MetalMiner’s free annual price […]
This Morning in Metals News: Trump ‘Not Ready’ to Make a Deal with China
This morning in metals news, President Donald Trump on Sunday said he is not ready to make a trade deal with China just yet, ArcelorMittal faces falling steel prices as it attempts to revive India’s Essar Steel and the Department of Commerce today added 46 Huawei affiliates to the Entity List. Need buying strategies for […]
This Morning in Metals: Turkish Military Pension Fund Reaches Tentative Deal to Buy British Steel
This morning in metals news, a Turkish military pension fund has reportedly reached a tentative deal to buy the ailing British Steel, copper prices held flat Friday and the latest round of tariffs could impact China’s ability to prop up its economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Week in Review: A Mining Dispute, MMI Week, and Stock Market Ups and Downs
Before we head into the weekend, let’s take a look back at the week that and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Stuart Burns on a tussle between Pakistan’s government and a mining company over development of a copper and […]