This morning in metals news, Tata Steel is making job cuts across its European operations, U.S. Steel announced it plans to reduce its greenhouse gas emissions by 20% by 2030 and copper ticked up again Monday. Job Cuts Coming to Tata Steel’s European Operations Steelmaker Tata Steel will cut jobs throughout its European operations, Reuters […]
Category: Non-ferrous Metals
Week in Review: Copper Prices, ‘Steelmageddon’ and U.S.-E.U. Trade Talks
Before we head into the weekend, let’s take a look at the week that was and some of the metals coverage here on MetalMiner, including: copper prices, “Steelmageddon,” rising palladium prices, and aluminum and steel demand in Europe. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
Aluminum, Steel Demand Weakens in Northern Europe
The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be […]
Copper MMI: Copper Prices Rise; Mixed Demand Outlook Restrains Index Gains
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 […]
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. […]