This morning in metals news: U.S. Steel announced it is ending plans for $1.5 billion in upgrades to the Mon Valley Works site; the Census Bureau reported construction spending figures for March; and the copper price has heated up once again. Do you know the five best practices of sourcing metals, including steel? U.S. Steel […]
Category: Non-ferrous Metals
Week in Review: Global steel production rises; record April for auto sales; China aluminum imports remain elevated
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including rising global crude steel production, automotive sector developments and much more: You want more MetalMiner on your terms. Sign up for weekly email updates. Week of April 26-30 (global steel production, […]
China aluminum imports surge continues well into 2021
When the largest aluminum producer on earth keeps reporting high import figures, the world sits up and takes note. According to figures released by the Chinese General Administration of Customs a few days ago, China recorded a new high for aluminum imports in March 2021. Stop obsessing about the actual forecasted aluminum price. It’s more […]
This Morning in Metals: Copper mine production rises 4% in January
This morning in metals news: global copper mine production rose by 4% year over year in January; meanwhile, ELYSIS selected Rio Tinto’s Alma smelter for the installation of commercial size 450 kA inert anode prototype cells; and, lastly, U.S. Steel will not go forward with plans to have natural gas wells on a site near […]
Week in Review: Aluminum smelter labor deal; copper prices; pandemic challenges for brewers
Before the weekend, let’s take a look at the week that was and the metals storylines here on MetalMiner, including an aluminum smelter labor deal, copper prices, environmental policy developments and more: Find more insight on MetalMiner’s LinkedIn. Week of April 19-23 (aluminum labor deal, copper prices and more) Stuart Burns on copper price movements […]
This Morning in Metals: ‘Clean Sheet Project’ targets production of recyclable automotive sheet metals
This morning in metals news: a $2 million project seeks to develop ways to more cost-effectively produce lightweight automotive sheet metals; meanwhile, U.S. Steel joined the global nonprofit ResponsibleSteel™; and the copper price has picked back up over the last week. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help […]
Copper price eases, but for how long?
Copper bulls who were betting on continued price rises — or, more importantly, copper consumers worried about escalating copper costs — may be looking at the copper price and wondering what is going on. Prices hit over $9,600 per metric ton in late February but have since fallen back. Although experiencing volatility, the copper price […]
Week in Review: Steel prices; US electricity consumption; rising aluminum premiums
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including coverage of steel prices, US electricity consumption and much more: Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week of April 12-16 (steel prices, electricity […]
Aluminum MMI: Buyers see tight supply, rising physical delivery premiums
The Aluminum Monthly Metals Index (MMI) ticked up 2.0% for this month’s reading, as aluminum premiums remain elevated. Does your company have an aluminum buying strategy based on current aluminum price trends? Rising physical delivery aluminum premiums For aluminum buyers vying for material, they’re finding physical delivery premiums are elevated. In fact, rising premiums are […]
Copper MMI: Copper price stabilizes in March
The Copper Monthly Metals Index (MMI) fell by 2.8% for this month’s reading. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Copper stabilizes after late February, early March drop The LME three-month copper price surged to a peak of $9,560 in late February. However, like nickel, the red metal cooled […]