This morning in metals news, Novelis Inc. reported fiscal year 2020 net income fell 3%, ArcelorMittal has opted to suspend dividend payments and Barrick Gold has benefited from the gold price’s rise this year. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Category: Non-ferrous Metals
Aluminum MMI: LME, SHFE prices diverge as Chinese demand recovers slowly
The Aluminum Monthly Metals Index (MMI) rose 1.4% this month. As China slowly recovers, SHFE and LME prices diverge After moving in relative harmony, aluminum prices on China’s SHFE and global prices on the LME have diverged sharply over the last month. Investors have dumped LME and bought SHFE on the expectation demand is picking […]
This Morning in Metals: U.S. Steel offers Stelco 25% stake in Minntac
This morning in metals news, U.S. Steel has offered Stelco a 25% stake in its Minntac operation, LME copper fell to a two-week low and China’s industrial profits plunged 36.7% in the first quarter. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Week in Review: Copper production; China’s road to recovery; quarterly output updates
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner, including coverage of: copper production; aluminum tariff exclusion reform; the nickel market; global steel production; and much more.
This Morning in Metals: Century Aluminum reports Q1 net loss of $2.7M
This morning in metals news, Century Aluminum reported its Q1 financial results, U.S. Steel will lay off workers at its Mon Valley Works and Chinese copper stocks plunged. Request a 30-minute demo of the MetalMiner Insights platform now.
The nickel market first experiences a surplus, then supply fears
Several apparently contradictory recent articles have reported the rise in nickel prices following supply disruptions to miners as a result of the spread of the coronavirus. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Reuters reported that just a few weeks ago market surpluses were expected. […]
This Morning in Metals: Aluminum Association calls for reforms to aluminum tariff exclusion system
This morning in metals news, the Aluminum Association petitioned the Department of Commerce for changes to the aluminum tariff exclusion system, Freeport-McMoRan reported losses in Q1 and Anglo American production levels fell in Q1. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Global copper mine production rises 0.5% in January
According to the International Copper Study Group, global copper mine production in January rose 0.5% on a year-over-year basis. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Week in Review: Aluminum production up; automotive struggles; oil prices plunge
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: a potential copper find in Cornwall; the automotive sector’s struggles; falling oil prices; rising aluminum production and much more. Looking for metal price forecasting and data analysis […]
USITC votes to continue anti-dumping, CVD investigations of common alloy aluminum sheet imports
The United States International Trade Commission (USITC) on Wednesday voted to continue anti-dumping and countervailing duty investigations covering imports of common alloy aluminum sheet from 18 countries. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!