Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner:
Category: Non-ferrous Metals
This Morning in Metals: Cleveland-Cliffs to raise flat-rolled steel prices
This morning in metals news, Cleveland-Cliffs announced plans to increase its flat-rolled steel prices, China’s copper inventories have declined and the iron ore price moved up near $100 per ton Thursday.
This Morning in Metals: Aluminum Association reiterates support for Section 232 aluminum tariff exemptions
This morning in metals news, the Aluminum Association sent a letter to U.S. Trade Representative Robert Lighthizer restating its support for exemptions to the Section 232 tariffs on imported aluminum, ground preparation has begun for a new electric vehicle battery cell production facility in Lordstown, Ohio, and the E.U. has disbursed a loan of €75 […]
Novelis loses Lewisport in approval of Aleris deal
It was never going to be a straightforward takeover. India’s Aditya Birla Group as the owner of Hindalco — and, therefore, Novelis — cemented its position as the world’s largest producer of value-added aluminium products with the completion of the USD 2.8 billion acquisition of Aleris last year. However, approval from the U.S. Justice Department […]
This Morning in Metals: LME copper surges to start the week
This morning in metals news, the copper price jumped Monday, Germany’s Thyssenkrupp is reportedly in talks to consolidate its loss-making steel business and the Oyu Tolgoi copper-gold mine needs $1.5 billion in capital costs.
Week in Review: Aluminum tariffs; oil prices; Indian iron ore exports
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: copper prices, the automotive sector’s push to restart production, oil prices and more. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights […]
This Morning in Metals: Copper headed for weekly price drop
This morning in metals news, copper prices were up Friday but expected to be down for the week, Rusal says the aluminum market recovery could stretch into next year and JW Aluminum’s CEO weighed in on potential impacts of the COVID-19 pandemic on U.S. businesses’ sourcing strategy.
This Morning in Metals: Ford to restart U.K. operations May 18
This morning in metals news, Ford plans to restart its operations in the U.K. on Monday, Glencore comments on the COVID-19 crisis’ impact on copper and a Chilean industry group forecast a copper surplus of 200,000 tons this year.
Copper MMI: Copper prices show tentative signs of bounce-back
The Copper Monthly Metals Index (MMI) moved up 4.8% this month.
To the chagrin of domestic producers, India becomes net importer of copper
The COVID-19 pandemic — and even conditions prior to that — has turned India into a net importer of copper, with at 132,445 tons imported between April 2019 and January 2020.