The Renewables Monthly Metals Index (MMI) dropped three points for an August MMI reading of 105. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook BHP Getting Into Cobalt Miner BHP Billiton has plans to ramp up its production of a cobalt product used in electric vehicle (EV) batteries, Bloomberg reported. Per the […]
Category: Metal Pricing
This Morning in Metals: Shandong Province Announces Plans for Steel Capacity Cuts
This morning in metals, a Chinese province announced new capacity cut targets as part of the country’s overall environmental plans, copper supply-side issues and Vedanta’s quarterly earnings rise. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Plans to Cut Steel, Coal Capacity China’s Shandong province has new targets for cuts on steel and […]
Dropping Zinc Prices Get a Boost From Chinese Smelter Cuts
Not long ago, we mentioned that copper prices had been plunging of late — but the so-called “Dr. Copper” isn’t the only one on hard times. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Zinc has also been trending down this year. LME primary cash zinc opened the calendar year at […]