This morning in metals news, the U.S. team looks for “breakthroughs” in the renegotiation of the North American Free Trade Agreement (NAFTA), more than 25,000 British Steel pension members did not respond to a consultation about the future of their pension pots and zinc hits a 10 1/2-year high on supply concerns. Need buying strategies […]
Category: Metal Prices
This Morning in Metals: Weaker Chinese Demand Might Hold Back Copper, Aluminum Rallies
This morning in metals news, weaker demand in China could counterbalance other forces that would push the prices of copper and aluminum up, the Chinese perspective on potential looming trade actions from the Trump administration, and new research has produced a “super-strong” aluminum alloy. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Could […]
Aluminum Cars Show Well at North American International Auto Show
The rise of aluminum in the automotive industry is something we’ve kept tabs on here, as some automakers have opted for the lightweight metal for their models, as opposed to steel. Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Not surprisingly, there are passionate supports of each metal, who will […]
Tantalum, Lithium Markets Set to Grow Over Next Four Years
While tantalum and lithium aren’t materials we often talk about in this space — even so, founder and Executive Editor Lisa Reisman’s 2011 post on tantalum prices remains one of MetalMiner’s most-viewed posts — they are metals that could see their stock rise in the coming years, according to a recent report. Need buying strategies […]
World Crude Steel Output Rises 5.3% in 2017: World Steel Association
The World Steel Association released its 2017 annual crude steel report on Wednesday, which showed steel output increases in almost every part of the world last year.Need buying strategies for steel? Try two free months of MetalMiner’s OutlookAccording to the report, the 1,691.2 million tons (MT) produced last year marked a 5.3% increase from the […]
This Morning in Metals: Rising Metals Costs Cutting into Profits, Ford Expected to Say
This morning in metals news, Ford Motor Co. is expected to say rising metals costs are cutting into its profits, Japanese crude steel output is down and South Korea’s largest steelmaker is reaping the benefits of high steel prices. Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Rising Metals Prices […]
Base Metals Trend Sideways This Month After End-of-2017 Surge
The base metal trendline appears to have shifted sideways this month after skyrocketing at the end of 2017. Market observers can take comfort knowing that after a meteoric rise, it takes time for the price to “digest” previous gains. Base metals prices remain in a more than two-year uptrend, and both base metals and steel […]
Copper Had a Big 2017, but What Does 2018 Hold?
The 2017 calendar year saw copper heat up in a big way. According to MetalMiner IndX data, LME primary cash copper was $5,512/metric ton on Jan. 1, 2017. It closed the year at $7,215/mt, good for a meteoric rise of 30.9%. Need buying strategies for copper in 2018? MetalMiner’s Annual Outlook has what you need […]
Week in Review: Rio Tinto’s Dunkerque Smelter, Nickel and NALCO
Before we head into the weekend, let’s take a look back at the week that was here on MetalMiner: Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Rio Tinto’s massive Dunkerque aluminum smelter is possibly set to change hands — to a familiar buyer, our Stuart Burns writes. A tight […]
Steel Prices Pick Up Momentum to Kick Off 2018
Steel price momentum appears significantly stronger with the start of the year. Steel price momentum shifted in December, showing stronger upward movement. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Despite the momentum, MetalMiner remains cautious about steel prices. The U.S. Department of Commerce’s Section 232 outcome might also add some […]
