This morning in metals news, a Turkish military pension fund has reportedly reached a tentative deal to buy the ailing British Steel, copper prices held flat Friday and the latest round of tariffs could impact China’s ability to prop up its economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Category: Public Policy
This Morning in Metals: Vale’s July Iron Ore Production Hits 9-Month High
This morning in metals news, Vale’s resumption of activities boosted its iron ore production to its highest level in nine months, ArcelorMittal released its second-quarter financial results and a U.S. judge blocked a planned copper project in Arizona. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Vale Production Surges in […]
This Morning in Metals: EPA Reverses Ruling that Blocked Alaska Mining Project
This morning in metals news, the EPA reversed an Obama-era decision regarding an Alaskan mining project, the Federal Reserve issued its first rate cut since the financial crisis and a Chinese billionaire is alleged to have instituted a scheme to avoid $1.8 billion in tariffs on aluminum exported to the U.S. Need buying strategies for […]
Trump Directs Dept. of Defense to Search for Alternative Sources of Rare Earth Magnets
Rare earths are coveted around the world for their application in a wide variety of high-tech uses, from consumer electronics to military applications. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook However, a rare earths market dominated for years by China has presented a challenge to the U.S. Toward that […]
Trump Executive Order Aims to Increase Domestic Steel Content in Federal Procurement
The U.S. steel industry applauded the president’s latest executive order, which targets the augmentation of the percentage of domestic steel content — among other goods — in federal procurements. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On Monday, July 15, the president signed a proclamation hailing this “Made in […]
Gold is Benefiting from the Federal Reserve’s Jitters
Gold powering to $1,400 an ounce sounds rather optimistic, but is actually not too far from the truth. Spot gold has already gained about $80 so far this month, pushing the price this week to its highest level in more than five years. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: ArcelorMittal Expresses Concerns Over Italy’s Crescita Law Decree
This morning in metals news, steelmaker ArcelorMittal has concerns over a new law Italy is set to approve later this month, Vietnam plans to impose anti-dumping duties on coated steel from China and South Korea, and a work stoppage continues at Codelco’s Chuquicamata copper mine in Chile. Need buying strategies for steel? Request your two-month […]
This Morning in Metals: Iron Ore Futures Soar to Record High
This morning in metals news, iron ore continues its hot streak, the Chinese government has summoned executives of 48 regional companies to demand they curb pollution from their facilities and a series of Section 301 public hearings kicks off today. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore […]
Indian Business Groups Lobby for Auction of Iron Ore Mining Licenses
A new government in India has steel companies and iron miners rushing to it with urgent pleas on iron ore mine auction. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook One appeal is for the government to auction iron ore mining licenses held by private miners when they expire in […]
Why Narendra Modi’s Landslide Victory is Good for the Economy but Bad for India
It almost sounds like an oxymoron, doesn’t it: how can an event be good for the economy but bad for the country? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook As former President Bill Clinton’s campaign strategist James Carville quipped, “it’s the economy, stupid,” meaning if the country is doing […]