The Copper Monthly Metals Index (MMI) increased slightly this month to 73, compared to last month’s value of 71, with all copper prices in the index increasing mildly. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Overall, the LME copper price moved up […]
Category: Non-ferrous Metals
Week in Review: Freeport-McMoRan’s AI Play, LME Reforms and India’s RCEP Decision
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: Freeport-McMoRan’s use of artificial intelligence (AI), U.S. steel production, aluminum prices, U.S. automotive sales, construction spending and India’s decision to back away from the proposed RCEP trade […]
This Morning in Metals: Tariff Rollback Could Come if U.S., China Reach First-Phase Deal
This morning in metals news, tensions could ease between the U.S. and China on the tariff front, ArcelorMittal reported its third-quarter financial results and copper prices made gains this week. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S., China Could Roll Back […]
This Morning in Metals: Chile’s October Copper Exports Fall 21%
This morning in metals news, No. 1 copper producer Chile saw its export levels drop 21% last month amid protests around the country, steel production in the U.S.’s Great Lakes region dropped last week and Shanghai Metals Markets forecast Chinese tin prices to rise back above $20,000 per ton by the end of the year. […]
Aluminum Prices Rising Despite Weak Demand
The aluminum price is a contrary thing, isn’t it? For months, aluminum prices have been falling on the basis that demand is waning due to slowing global growth (particularly in top consumer China). Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook China’s gross domestic product growth slowed again to 6.0% year over year […]
Aluminum MMI: Index Near Three-Year Low as LME Aluminum Trades Sideways
The Aluminum Monthly Metals Index (MMI) remained flat this month at 82, with the majority of prices in the index increasing mildly, offset by a few declining values. The current index value remains near a three-year low. Free Partial Sample Report: 2020 MetalMiner Annual Metals Outlook LME aluminum prices generally moved sideways in October but […]
Freeport-McMorRan Uses AI to Optimize Production at Arizona Copper Mine
Mining companies are not renowned for their cutting-edge use of the latest technologies; I’m not trying to be derogatory, but mining is not the first industry you think of when talking about the digital age. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
Week in Review: Deal Value Declines, Steel Production Drops, PSA Groupe to Merge with Fiat Chrysler
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, which included a PwC report on mining and metal deals, global steel production, lead and zinc forecasts, and an automotive merger of PSA Groupe and Fiat Chrysler. Keep up to […]
Protests Shake Top Copper Producer as Chile Pulls Out of APEC Summit
Global copper mine production through the first seven months of 2019 declined by 1.3% year over year, according to a recent report by the International Copper Study Group (ICSG). Concentrate production fell 1.0%, while solvent extraction-electrowinning fell by 2.7% during the period, according to the ICSG. Keep up to date on everything going on in […]
This Morning in Metals: USTR to Consider Extension of Tariff Exclusions on $34B of Chinese Goods
This morning in metals news, the United States Trade Representative will soon consider whether to extend tariff exclusions granted last year for imports of certain products from China, the GFG Alliance is aiming to consolidate its steel operations and make the new consolidated entity carbon-neutral by 2030, and LME copper prices continue to make gains […]
