The Aluminum Monthly Metals Index (MMI) ticked up 2.0% for this month’s reading, as aluminum premiums remain elevated. Does your company have an aluminum buying strategy based on current aluminum price trends? Rising physical delivery aluminum premiums For aluminum buyers vying for material, they’re finding physical delivery premiums are elevated. In fact, rising premiums are […]
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This Morning in Metals: US Court of International Trade dismisses tariff exclusion challenge
This morning in metals news: the US Court of International Trade rejected a tariff exclusion process challenge; meanwhile, a metals trader ordered 10,000 tons of copper blister and got something else; and, finally, aluminum is gaining popularity as a material for outdoor living products. Grab your coffee and hear MetalMiner’s latest forecast for aluminum, copper, […]
India proposes to reduce duties on steel, stainless steel products
A budgetary proposal by the Indian government to reduce steel duties has divided the Indian steel sector. India proposes reduction in steel duties In her 2021 budget speech presented in parliament earlier in the week, Finance Minister Nirmala Sitharaman proposed reducing customs duty on imports of semi-flat steel. She proposed cutting the duy for the […]
India’s economy struggles as coronavirus cases rise
India faces a dilemma — the country has the second-highest coronavirus caseload in the world at 4.2 million people and its economy is struggling. India overtook Brazil this week, as it reported a record 90,000+ new cases on Saturday and nearly 92,000 on Sunday. Yet, despite surging infections, India desperately needs to get its economy […]
ArcelorMittal lays out its Green Deal for Europe
The European Union (E.U.) always knew it would be a herculean undertaking for Europe to achieve net-zero emissions by 2050.
Midwest aluminum premium surges on threat of tariff rise
At the behest of the American Primary Aluminum Association (APAA), U.S. Trade Representative Robert Lighthizer has been encouraged to push the Trump administration to rule this week against Canada’s duty-free status for primary aluminum into the U.S. market.
Metal users want Section 232 steel tariff relief during coronavirus pandemic
The coronavirus pandemic has made its mark on supply chains, leaving some companies looking for relief. [Any cash influx for your business counts, especially now. View MetalMiner’s recent webinar on how to check if you are eligible for Section 301 tariff refunds and what steps to take to speed up the refund and get a […]
Aluminum mills are moving down the carbon league tables
Despite a plunging LME price and dire short-term prospects for metal consumption in Europe and the U.S., aluminum mills are still following through on long-term plans to improve their environmental credentials. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! They are doing this, particularly, to lower […]
Boris Johnson’s Conservatives power to a thumping victory
Well, Boris the Bruiser has done it. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Boris Johnson’s Conservative party pulled off the strongest showing for the Tories in the British elections since Margaret Thatcher’s 1983 victory and a thumping majority of 79, as the Labour and […]
Britain’s Dec. 12 general election has the potential to move markets
You could be excused in the U.S. for overlooking the fact that the U.K. is going through a snap election campaign. Any such coverage of the U.K.’s upcoming election is being drowned out by the U.S. media’s hourly reporting of the varying prospects for the numerous Democratic contenders and the daily tussles between lawmakers and […]
