This morning in metals news, copper prices were up slightly Monday, Tokyo Steel held prices steady for the fourth straight month and Rio Tinto responds to criticism about carbon emissions stemming from its customers’ operations. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices LME copper traded up 0.4% […]
Category: Non-ferrous Metals
Toyota Announces New U.S. Investment, Including at Tennessee, Missouri Aluminum Plants
Automaker Toyota last week announced a push to increase its previous investment pledge in the U.S. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Last week the automaker announced it would up a 2017 pledge to invest $10 billion in the U.S. over five years, increasing the investment up to $13 […]
Value of Raw Mineral Materials Produced by U.S. Mines Increases 3% in 2018
According to a recent report from the U.S. Geological Survey (USGS), U.S. mines churned out $82.8 billion worth of minerals in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The 2018 total marked a 3% year-over-year increase from $79.7 billion in 2017, according to the report from the USGS National […]
Week in Review: Palladium Power, Lynas’ Appeal and ArcelorMittal’s Essar Plan
Before we head into the weekend, let’s take a look 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 The palladium price continues to soar, MetalMiner’s Taras Berezowsky explained in this month’s Global Precious MMI. Rare earths […]
ITA: Global Tin Use Exceeded Expectations in 2018
According to a recent International Tin Association (ITA) report, global tin consumption bested expectations last year, despite trade headwinds created by tensions between the U.S. and China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Tin consumption in 2018 was stronger than previously anticipated, according to year-end data,” the ITA […]
This Morning in Metals: U.S. Working on Solution to Lift Metals Tariffs on Canada, Mexico
This morning in metals news, U.S. Trade Representative Robert Lighthizer on Tuesday said the U.S. is working on a “practical solution” to lift the steel and aluminum tariffs on Canada and Mexico, China is expected to have a 2.65-million-ton copper deficit this year, and a preliminary report on iron ore miner BHP’s train derailment in […]
This Morning in Metals: Canada Announces $100M in Funding for Steel, Aluminum Industries
This morning in metals news, the Canadian government announced it is rolling out $100 million in funding for its domestic steel and aluminum industries, copper moves toward a seven-month high, and Vietnam’s steel exports to the U.S. increased in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Canadian Steel, […]
Copper MMI: After a Seven-Week Rally, Copper Prices May Have Lost Steam
The Copper Monthly Metals Index (MMI) increased by 3.9% this month, reaching an MMI value of 79. With a seven-week sustained increase in prices, the rally may be over for the metal. Trading volume dropped off in late February and the price moved sideways once again in early March. Need buying strategies for steel? Request […]
Week in Review: Metals Prices, the Maker-to-User Movement and U.S. Trade Policy
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 Metal prices picked up across the board in February. MetalMiner’s sister site SpendMatters published a guest contribution […]
This Morning in Metals: U.S. Steel Imports Fell 11.5% in 2018
This morning in metals, U.S. imports of steel dropped 12% year over year last year, Chile’s copper and lithium export revenue fell in February and markets react to uncertainty over the ongoing U.S.-China trade talks. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Imports of Steel Drop 11.5% U.S. steel […]
