The Raw Steels Monthly Metals Index (MMI) held flat this month.
Tag: ArcelorMittal
ArcelorMittal reports Q1 net loss of $1.1B, suspends dividend payments
Steelmaker ArcelorMittal late last week released its Q1 2020 financial results, reporting a net loss of $1.1 billion amid challenges stemming from the COVID-19 crisis.
This Morning in Metals: Novelis, ArcelorMittal, Barrick Gold report quarterly results
This morning in metals news, Novelis Inc. reported fiscal year 2020 net income fell 3%, ArcelorMittal has opted to suspend dividend payments and Barrick Gold has benefited from the gold price’s rise this year. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: Arconic to resume operations at Tennessee facility
This morning in metals news, Arconic Corporation announced it expects to resume operations at its Tennessee facility this week, BHP is looking to expand its iron ore exports from the Port Hedland terminal and China Baowu Steel Group surpassed ArcelorMittal in 2019 as the world’s top steel producer. Looking for metal price forecasting and data analysis […]
This Morning in Metals: Oil producers reach tentative deal on output cuts … but Mexico holds out
This morning in metals news, oil producers on Thursday (including Saudi Arabia and Russia) reached a deal in principle to slash output, ArcelorMittal is laying off new hires and Chinese iron ore futures made gains to close the week.
This Morning in Metals: ArcelorMittal to lay off workers at East Chicago steel mill
This morning in metals news, layoffs are coming at ArcelorMittal’s Indiana Harbor steel mill, Japan’s steel output is forecast to plunge and Nevada Copper has suspended its Pumpkin Hollow operations. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Europe’s steel industry under pressure amid falling orders, personnel challenges
Europe’s steelmakers are cutting production and idling factory lines as an industry already buckling under a severe market downturn girds itself for the economic fallout from coronavirus, the Financial Times reports. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Companies such as Thyssenkrupp and Tata Steel […]
Responsible mining report highlights effective practices, laments lacking disclosures
Significant gaps remain within societal expectations of the mining industry, a recent report from the Responsible Mining Foundation said. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! “The performances of even the best-scoring companies fall considerably short of society expectations in all six thematic areas,” the […]
Environmental disaster meets intractable economics at Italy’s Ilva steelworks
As an example of how often there are no easy answers to the most intractable problems, Italy’s Ilva steel plant, as it was known, is an example of many problems and many solutions — none of them without consequences. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a […]
This Morning in Metals: U.S. trade deficit shrank by 1.7% in 2019
This morning in metals news, the U.S. trade deficit fell for the first time in six years last year, ArcelorMittal released its Q4 and full-year 2019 financials, and two Novelis plants in Europe gained ASI certifications. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.
