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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In case you missed it, the July 2019 MMI report was released last week. Zinc and lead […]
Category: Non-ferrous Metals
This Morning in Metals: Colombia Aims to Enter the Copper Market
This morning in metals news, Colombia could look to make itself a factor in the copper market, Aus Tin announced that it had begun the first phase of its Taronga tin project and Rio Tinto announced its Q2 2019 production results. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Colombia […]
Indonesia’s Export Ban Update Drives Nickel Price Rise
After drifting off from a spring high, the nickel price has flatlined in the second quarter (along with much of the rest of the metals complex). However, the metal has put in a surprisingly strong performance in just the last week due to Indonesia’s announced export ban spooking market concerns about supply, according to the Financial Times. […]
This Morning in Metals: U.S. Steel Sector’s Capacity Utilization Hits 81.1%
This morning in metals news, the U.S. steel sector continues to outproduce 2018 levels, copper prices are around two-week highs and President Donald Trump took to Twitter to tout the impact of the U.S.’s tariffs on China’s economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Capacity Utilization Rate Reaches […]
ILZSG: Zinc Hits 123 KT Deficit Over First Five Months of 2019
The International Lead and Zinc Study Group (ILZSG) released its latest report on lead and zinc today, showing supply deficits for both through the first five months of the year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Zinc Market at 123 KT Deficit The zinc market was in deficit by […]
This Morning in Metals: China’s Copper Imports, Imports of U.S. Goods Decline
This morning in metals news, China’s copper import levels fell in June, the U.S.-China trade war saw China’s imports of U.S. goods plunge in June and BHP has long-term designs on mine expansion over the next century. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Copper Imports Fall Imports […]
This Morning in Metals: Lone Bosnian Aluminum Smelter Closes
This morning in metals news, Bosnia’s only aluminum smelter is closing, President Donald Trump comments on U.S.-China trade talks and the United States Trade Representative (USTR) is pursuing competition-related concerns with respect to the U.S.-Korea Free Trade Agreement (KORUS). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Bosnian Aluminum Smelter […]
This Morning in Metals: DOC Makes CVD Determinations on Fabricated Structural Steel
This morning in metals news, the U.S. Department of Commerce made affirmative determinations in two of three countervailing duty investigations regarding fabricated structural steel, Chinese copper smelters inked deals with Chile’s Antofagasta and India is investigating dumping claims vis-a-vis flat-rolled steel imports from 15 countries. Need buying strategies for steel? Request your two-month free trial […]
Copper MMI: Global Prices Make Modest Gains Amid Output Disruptions
The Copper Monthly Metals Index (MMI) rebounded to 74 following last month’s fairly sizable drop from 78 to 73 (hitting a 2019 index low). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME copper prices dropped by nearly $100/mt around the first of July after gaining strength in June, then […]
Aluminum MMI: Falling Chinese Prices Offset by Strong Prices in ROW
The Aluminum Monthly Metals Index (MMI) held steady at 86 this month based on mixed price movements. While prices in China dropped in the 1% to 2% range, all other prices in the Aluminum MMI basket rose slightly. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook LME aluminum prices continued to fall into […]
