Copper prices have surged this year as China’s recovery from the coronavirus pandemic continues.
Category: Metal Prices
This Morning in Metals: Core markets ‘showing signs of recovery,’ ArcelorMittal says
Steelmaker ArcelorMittal says its core markets have exhibited some signs of recovery.
U.S. aims to break rare earths dependence on China with Lynas project
The U.S. took a big step forward in its effort to curb its dependence on China for rare earths.
Tata Steel to launch first scrap-based steel plant in India
India’s first scrap-based steel plant will soon come online. Tata Steel has set up the new plant in Haryana in central India. The plant is expected to have an annual capacity of 500,000 tons, the Hindu Business Line reported. Tata has set up the plant in collaboration with Aarti Green Tech Ltd, a subsidiary of […]
This Morning in Metals: Canadian P1020 aluminum exports to U.S. fall in July
This morning in metals news: the Aluminum Association of Canada reported the country’s aluminum exports to the U.S. have declined; Great Lakes region steel production is down this year; and the International Tin Association commented on Yunnan province’s tin stockpiling initiative.
Stainless steel demand holds back the nickel price
The nickel price has not recovered as quickly as other base metals have.
Steel capacity utilization continues recent gains, moves to 58.9%
The U.S. steel sector has slowly but surely been showing some signs of recovery.
This Morning in Metals: Gold price rises to all-time high
This morning in metals news: the gold price has surged to an all-time high; China is eyeing changes to its steep capacity swap rules; and Northern Dynasty Minerals has received an environmental impact study for its Pebble copper-gold-molybdenum project in Alaska.
This Morning in Metals: June steel imports drop to 1.3M metric tons
This morning in metals news: U.S. steel imports fell in June; Freeport-McMoRan reported its Q2 and first-half results; and Norsk Hydro’s underlying EBIT for the second quarter gained compared with Q2 2019.
Week in Review: Housing starts rise; oil price recovers; shipping lines face challenges
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines on MetalMiner: