Two articles in Reuters this week support observations we have made in posts this month and paint an encouraging picture for aluminum consumers, if not for producers, facing the first half of this decade. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Category: Non-ferrous Metals
Global aluminum production rises 1.5% year over year in March
According to data released by the International Aluminum Institute this week, global primary aluminum production totaled 5.48 million tons in March, up about 1.5% compared with March 2019. Request a 30-minute demo of the MetalMiner Insights platform now. March production was also up from the 5.15 million tons produced in February.
Rio Tinto: China demand recovering, ‘uncertain’ outlook elsewhere
Rio Tinto recently released its Q1 production results, a quarter in which the coronavirus outbreak overwhelmed health systems, disrupted supply chains and led to downward revisions of economic growth forecasts. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Even so, Rio Tinto’s production levels, while down […]
Cornish Lithium, Strongbow find not just lithium, but copper at Cornwall site
“There’s (still) copper in them there hills” — maybe that should be the catchphrase on the lips of small-cap miner Strongbow Exploration and its partner Cornish Lithium. While prospecting for lithium brines in Britain’s extreme southwest county of Cornwall, Cornish Lithium’s initial boreholes hit big — not just in lithium, but for copper, too. Looking […]
This Morning in Metals: Novelis closes on $2.8B acquisition of Aleris
This morning in metals news, Novelis officially closed on its acquisition of Aleris, U.S. steel production is down 4.9% this year and China’s March copper imports picked up 13%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: E.U. imposes duties on stainless steel from China, Indonesia, Taiwan
This morning in metals news, the E.U. has opted to slap anti-dumping duties on stainless steel imports from a trio of Asian countries, the Black Butte copper project in Montana recently received a positive Record of Decision and aluminum prices continue to fall. All the metals intelligence you need in one user-friendly platform with unlimited […]
Copper MMI: Copper price recovery capped by lackluster demand
The Copper Monthly Metals Index (MMI) fell 10% this month. Lower your metal spend. Trial MetalMiner’s monthly metal buying outlook now.
Aluminum MMI: Aluminum stocks remain elevated despite depressed demand
The Aluminum Monthly Metals Index (MMI) fell 8.8% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: Antofagasta’s Los Pelambres expansion remains on hold
This morning in metals news, Antofagasta’s expansion of its Los Pelambres mine remains on care and maintenance during the coronavirus outbreak, copper prices gained to start the week, and Anglo American released an update on its operations during the pandemic. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
Week in Review: Housing starts surge; aluminum mills go green; iron ore price falls
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of: U.S. housing starts; aluminum mills taking steps to make their operations more green; iron ore prices; and the European steel sector. Looking for metal price forecasting and […]