A recent article in the ever insightful Stratfor Worldview this month underlines how the world is not short of copper ore deposits — they are, at least in this example, just in the wrong place. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The article covers a long-running dispute between […]
Category: Non-ferrous Metals
This Morning in Metals: A Preferred Bidder for British Steel?
This morning in metals news, British Steel could have a buyer lined up, protests have disrupted copper mine activities in Peru and the American Iron and Steel Institute (AISI) released July steel import data. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook British Steel Update According to The Guardian, a […]
Copper MMI: How a Boeing Trade Case Could Cause Global Copper Prices to Skyrocket, Give Wieland Metals a Guaranteed Monopoly
A 15-year trade dispute between Airbus and Boeing could send copper prices skyrocketing, with an even greater impact on U.S. manufacturers than the Section 232 tariffs had on steel and aluminum. MetalMiner has long covered this current dispute between Airbus and Boeing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
This Morning in Metals: U.S. Treasury Labels China a Currency Manipulator
This morning in metals news, the American Iron and Steel Institute (AISI) applauded the U.S. Treasury’s designation of China as a currency manipulator, U.S. companies are hoping the Trump administration does not impose tariffs on copper from the E.U. and Novelis announced its quarterly financial results. Need buying strategies for steel? Request your two-month free […]
Aluminum MMI: Global Demand Weakness Pulls the Index Back
The Aluminum Monthly Metals Index (MMI) dropped two points this month to 84. Most of the prices tracked for the index dropped this month, with European prices dropping the most (by close to 7.5%). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices fared best of all of […]
This Morning in Metals: Copper Falls to Two-Year Low on Trade Worries
This morning in metals news, the copper price fell to a two-year low, the value of the Chinese yuan fell past an important barrier and Rio Tinto offered an update on its Winu project. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Plunges to Two-Year Low As trade worries […]
Glencore’s 1H 2019 Copper Production Falls 5%, Cobalt Production Rises 28%
Miner Glencore on Wednesday released a mixed batch of production results for the first half of 2019. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The miner reported copper production fell 5% compared with the first half of 2018, falling to 663,000 tons. The miner attributed the drop to several […]
This Morning in Metals: U.S., China Conclude Latest Round of Trade Talks
This morning in metals news, the latest round of U.S.-China trade talks wrapped up Wednesday, steel companies are not reducing emissions fast enough and analysts cut their copper forecast for fourth-quarter prices. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S., China Conclude Talks in Shanghai Trade negotiators from the […]
This Morning in Metals: LME Copper Prices Fall
This morning in metals news, copper dipped on Tuesday, Asian countries are dealing with a glut of steel from China and Heineken is feeling the impact of higher aluminum costs. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Slides The LME copper price dipped Tuesday amid U.S.-China trade talks […]
This Morning in Metals: U.S., China Resume Trade Talks
This morning in metals news, U.S. and Chinese trade negotiators resumed talks this week, Goldman Sachs is pessimistic about copper supply and smaller Chinese steel mills are shaking off anti-pollution laws in an effort to compete against larger steel firms in the country. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]