This morning in metals news, the copper price has surged to its highest level in 7 1/2 months, Canada’s ambassador to the U.S. is confident the U.S.’s Section 232 steel and aluminum tariffs will be coming to an end soon and China’s state-backed Chinalco plans to sell an aluminum plant for just under $164 million. […]
Category: Non-ferrous Metals
India’s Aluminum Producers, Like Steel Counterparts, Battle Rising Imports
Last week, MetalMiner reported on the challenges India’s steel companies face in the form of cheaper imports, and their desire for the Indian government to impose an import tax. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The woes of India’s aluminum producers, too, are similar. Primary and secondary producers have […]
This Morning in Metals: Chinese Steel, Iron Ore Prices Fall
This morning in metals news, Chinese steel and iron ore prices dropped, miner BHP’s first-half earnings fell 8% and the ongoing shutdown of Vedanta’s Sterlite Copper plant has boosted copper prices led to increased dependence on imports for Indian consumers. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Post-Holiday Lull […]
This Morning in Metals: Copper Price Falls Ahead of New U.S.-China Trade Talks
This morning in metals news, the copper price fell Tuesday, U.S. steel mills have produced at a capacity rate of 80.7% through Feb. 16 and a $1.8 billion steel mill could be coming to Texas. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Falls With renewed U.S.-China trade talks […]
This Morning in Metals: Section 232 Auto Report Moves to President Trump
This morning in metals news, the U.S.’s Section 232 automotive investigation moves forward, Tokyo Steel announces its prices will remain steady next month and the copper price got a boost from an Indian Supreme Court ruling. Section 232 Report Sent to the President On May 23, 2018, the Trump administration initiated a Section 232 investigation […]
Week in Review: Gold Demand, MMI Week and Aluminum in 2019
Before we head into the weekend, let’s take a look back at some of the metals storylines here on MetalMiner this week: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Sohrab Darabshaw took a look into what analysts are saying about Indian gold demand this year. We wrapped up our […]
This Morning in Metals: Tin Demand Outlook Rosy, US-China Trade Talks Plow Forth
This morning in metals, we’re getting up to speed on where the tin market could be in a decade, what U.S. and Chinese trade negotiators are continuing to discuss, and where the EU car market seems to be heading (hint: it’s not good news). Need buying strategies for tin? Request your two-month free trial of […]
The February MMI Report: MMIs Bounce Back After Down December
With the February 2019 Monthly Metals Index (MMI) report, we can officially move past 2018 and begin to take a look at the world of metals thus far in the new year. On the trade front, trade officials from the U.S. and China met in January for renewed talks on the ongoing trade standoff between the economic […]
Aluminum is in Deficit, but Prices Don’t Reflect Any Shortage
The aluminum price has been fluctuating between around $50/ton above and below a median of $1,900 for several months now. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook There is considerable uncertainty as to where it is going to go in 2019, yet some commentators, such as ING Bank, are […]
This Morning in Metals: Copper Price Makes Gains
This morning in metals news, the copper price picks up, the Bureau of Labor Statistics released Consumer Price Index (CPI) data and the National Australia Bank lifted its forecast for iron ore. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Rises The London copper price picked up Wednesday, […]