This morning in metals news, China spared U.S. soybeans and pork imports from tariffs, copper prices gained on the current tenor of trade news and Chinese iron ore rose to a five-week high. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Exempts Pork, Soybeans from Tariffs China announced it […]
Category: Non-ferrous Metals
Aluminum MMI: Global Demand Weakness Leads to Index Decline
The Aluminum Monthly Metals Index (MMI) dropped again this month, falling by one point to 83. All but one of the prices tracked for the index dropped this month, with India’s primary cash price showing the biggest drop at 4.4%, followed by the LME primary 3-month price (down by 3.4%). Lower your aluminum spend – […]
This Morning in Metals: China Announces Tariff Exemptions for Some U.S. Goods
This morning in metals news, China announced some U.S. goods would be exempted from tariffs, steel production is down in the Great Lakes region and copper falls amid declining Chinese auto sales. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Announces Tariff Exemptions The Chinese government announced Wednesday that […]
Hot Off the Press — MetalMiner’s 2020 Annual Metal Outlook!
Have you set your 2020 metals budget? Make sure your purchasing strategy is sound with MetalMiner’s 2020 Annual Metals Outlook! Click on the image below to get your complimentary sample of the 2020 Annual Metals Outlook. The full report is only available to corporate subscribers. However, the free sample report includes access to: Executive summary […]
Aluminum Production in China Illustrates Manufacturing Slowdown
GDP figures may be holding up well, but metal consumption in China suggests the global slowdown and the ongoing trade war with the U.S. are taking their toll on China’s manufacturing sector. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Reuters reported top state primary aluminum producer Chalco is quoted as filing an […]
This Morning in Metals: China Sees Slowdown in Copper Imports, Aluminum Exports
This morning in metals news, China’s trade activity with respect to aluminum and copper slowed in August, Nucor announced Chairman and CEO John Ferriola will be retiring at the end of the calendar year and residents of an Arizona town expressed staunch opposition to a proposed aluminum recycling plant. Need buying strategies for steel? Request […]
This Morning in Metals: Bank of America Cuts Steel Price Forecast
This morning in metals news, Bank Of America cut its steel price forecast, copper prices dropped and gold lost some of its safe haven luster. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Gloomy Steel Forecast Bank of America has cut its steel price forecast and is less than optimistic […]
Indonesia Moves Up Nickel Ore Export Ban to Start of 2020
Indonesia shook up the nickel market, announcing that it will move up its planned nickel ore export ban by two years. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Indonesia announced that its export ban on nickel ore will be advanced to Jan. 1, 2020 — two years ahead of […]
Week in Review: Carbon Capture, Steel Production and the U.K.’s Clean Steel Fund
Before we head into the Labor Day 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 MetalMiner’s Stuart Burns on doubts surrounding the viability of carbon capture technology vis-a-vis the coal […]
This Morning in Metals: Copper Prices Make Gains
This morning in metals news, the copper price ticked up Wednesday, an appeals court is reconsidering an aluminum antitrust suit involving several big-name companies and Rio Tinto is taking over a mining site in British Columbia. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Rises The copper price […]