It was another busy month in the world of metals. Then again, these days quiet months in metals or in trade, generally, are few and far between. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Trade tensions continued to rise, as $34 billion in tariffs on Chinese goods went into effect […]
Category: Non-ferrous Metals
Are China’s Surging Aluminum Exports a Harbinger of Future Export Levels?
China could be said to be making hay while the sun shines. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook
This Morning in Metals: China’s Aluminum, Steel Exports Surge in May
This morning in metal news, steel and aluminum exports from China were up in May; the National Retail Federation CEO panned the U.S.’s tariffs; and a White House economic analysis reportedly concludes President Trump’s tariffs will hurt economic growth. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Exports on the Rise […]
Copper MMI: Copper Trades Sideways as Subindex Stands Pat
The Copper Monthly Metals Index (MMI) held steady in May at 84 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The sideways trend came as a result of a combination of some elements of the metal basket increasing, such as LME copper, and others falling (such as scrap copper prices). […]
This Morning in Metals: Mexico Takes Aim at Steel, Farm Products
This morning in metals news, Mexico hits back against the U.S.; tariffs aren’t good for relationships with allies, the Aluminum Association’s CEO says; and the E.U. could impose steel and aluminum safeguard measures as early as July. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Mexico Hits Back Retaliation on the […]
Indian Copper Smelter Closes After Local Residents Protest on Environmental Grounds
The decision by a provincial government in India to shut down a copper smelter plant may have serious repercussions on copper supplies, not only in India but also globally, experts claim. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The Tuticorin-based plant was ordered shut by the government of the Tamil Nadu State […]
This Morning in Metals: Tata Steel Purchase of Bankrupt Bhushan Goes Through
This morning in metals news, Tata Steel completed its buy of the bankrupt Bhushan Steel, Chinese steel mills are turning to scrap and Turkey is preparing to respond over the U.S. tariffs on aluminum and steel. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Tata Steel Buys Bhushan Steel Indian firm […]
How ‘Green’ Will the Elysis JV’s Aluminum Really Be?
Full disclosure – I am an owner of an iPhone, iPad and Macbook — and I don’t mind admitting it, a longtime fan of Apple’s products — but even I cringe when the firm claims to have “worked with other metal companies to develop the proprietary technique, which allows for the generation of ‘green’ aluminium […]
Alcoa, Rio Tinto Announce New Carbon-Free Aluminum Smelting Process
Major metals industry players Alcoa and Rio Tinto last week announced the world’s first carbon-free aluminum smelting process, which the firms billed as “the most significant innovation in the aluminium industry in more than a century.” Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook The firms announced the innovation, which is the development of […]
Stainless Steel MMI: Subindex Inches Upward on Rising LME Nickel Prices
In May, the Stainless Steel Monthly Metals Index (MMI) once again inched one point higher. The current reading stands at 77 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The subindex inched higher driven by increasing LME nickel prices. Meanwhile, other related metals in the stainless steel basket traded flat. […]
