The Aluminum Monthly Metals Index (MMI) increased by 2.4% for this month’s MMI value. Want more from MetalMiner? We offer exclusive analyst commentary in our weekly, monthly, or quarterly updates – all metals, no sales fluff. Sign up today. SHFE, LME arbitrage LME and SHFE aluminum prices traded sideways this past month. The LME price […]
Category: Non-ferrous Metals
Week in Review: Rising copper price; RARE Act; MetalMiner 2021 Annual Outlook
It was another action-packed week in the world of metals, including coverage from Stuart Burns on the rising copper price, developments in the rare earths sector and the release of the MetalMiner 2021 Annual Outlook report. The 2021 Annual Outlook is an invaluable resource for metals buyers preparing to set their spend for the year […]
This Morning in Metals: India to limit copper, aluminum imports
This morning in metals news: India is looking to curb its imports of copper and aluminum; Rio Tinto and Turquoise Hill reached a financing agreement for the Oyu Tolgoi underground mine project; and Germany’s steel industry needs state aid. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. India targets […]
Indian aluminum sector knocked off course by pandemic
The Indian aluminum sector, which once stood firmly on the path of growth, today finds itself buffeted by the winds of uncertainty because of the COVID-19 pandemic. Industry leaders have suggested many measures to the India government to put the sector back on track. Are you under pressure to generate aluminum cost savings? Make sure […]
This Morning in Metals: Trump takes aim at steel imports from Mexico, Brazil
This morning in metals news: President Donald Trump this Monday took aim at steel imports from Mexico and Brazil; the American Iron and Steel Institute responded to the development; and copper price surged to a two-year high. 5 Mistakes Buyers Can Make When Sourcing Steel. Trump targets steel from Brazil, Mexico The Trump administration took […]
This Morning in Metals: SHFE copper heads for fifth consecutive monthly rise
This morning in metals news: copper on the SHFE is headed for its fifth straight month of price increases; a Swedish joint venture is ramping up its efforts toward producing fossil-fuel-free steel; and Mexico is instituting a new export pre-approval process to avoid reimposition of steel tariffs by U.S. President Donald Trump. Do you know […]
Global aluminum output rises to 5.45M tons in July
Several metals prices have been on the rise this year, powered in part by China’s demand recovery (among other factors, including a weakening dollar). Copper, in particular, has been a fast riser this year. Aluminum, however, has not been as strong. Over the last month, the LME three-month aluminum price has gained 4.62%, according to […]
This Morning in Metals: Iron ore price surges to six-year high
This morning in metals news: iron ore prices continue to rise; the United States International Trade Commission (USITC) voted to continue investigations related to imports of seamless standard, line and pressure pipe; and Rio Tinto’s Kennecott mine is the first to receive the Copper Mark award. Stay up to date on MetalMiner with weekly, monthly, […]
ICSG: Copper mine production down 2.2% through first five months of 2020
After coming in at comparable levels to last year through the first four months of this year, global mine production fell in May. The International Copper Study Group (ICSG) reported global copper mine production had dropped by 2.2% through the first five months of the year compared to the equivalent period in 2019. Concentrate production […]
This Morning in Metals: Nevada Copper restarts production at Pumpkin Hollow
This morning in metals news: Nevada Copper announced it had restarted production at its underground Pumpkin Hollow mine; zinc prices have received a boost from surging Chinese steel demand; and Norsk Hydro last week announced the suspension of operation of the Paragominas-to-Alunorte bauxite pipeline. We’re offering timely emails with exclusive analyst commentary and some best […]