This morning in metals news, the U.S. Department of Commerce announced rulings in investigations of stainless steel kegs from China and Germany, copper prices rose on labor tensions in Chile, and the UAW’s strike continues as it mulls ratification of a tentative deal with General Motors reached last week. Keep up to date on everything […]
Tag: China
This Morning in Metals: Rio Tinto’s 3Q Iron Ore Production Rises 6%
This morning in metals news, Rio Tinto released its third-quarter production figures, India has proposed an anti-dumping duty on flat-rolled steel from China and other countries, and copper prices dropped after a strike was averted at Chile’s Antofagasta. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
This Morning in Metals: Steel Capacity Utilization Rate Falls to 80.3%
This morning in metals news, the U.S. steel sector’s capacity utilization rate inched down another tenth of a percentage point, the U.S. raised its steel tariffs on Turkey to 50% and Chinese iron ore futures fell Tuesday. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
This Morning in Metals: U.S., China Work Toward Partial Trade Deal
This morning in metals news, the U.S. and China are working toward a partial trade deal, the largest copper mine in Ecuador has curbed operations amid protests and China’s copper imports hit an eight-month high. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
Aluminum Prices Slide on Supply and Demand Fundamentals, Strong Dollar
Aluminum consumers have watched the primary ingot price drift gradually lower since the beginning of this year. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. There have been peaks and troughs, of course, as the price is buffeted by trade news, mill outages […]
U.S. Finally Moves to Secure its Supply Chain of Critical Technology Metals
If there is a silver lining to the current trade war with China, it could be that it has focused the U.S.’s attention on the perilous state of its raw material supply chain. This is particularly relevant for the U.S. military, but equally for a range of high-tech industries, from consumer electronics to automobiles, battery […]
China’s Steel Output is Rising Despite Forced Production Cuts
You often hear conflicting stories about Chinese steel production. Outright production capacity has been reduced as older facilities were closed under orders from Beijing in 2016-18, while much illegal or non-approved low-quality steel mills, whose output never appeared on reported results, have been forcibly closed. Keep up to date on everything going on in the […]
Global Copper Mine Production Down 1.4% in 1H 2019
Copper prices have been sliding this year, with the average LME cash price in August of $5,707.98/mt down 3.9% from a July average of $5,939.85/mt. Global copper mine production is also down. Through the first half of 2019, copper mine production was down 1.4% compared with the first half of 2018, according to a report […]
Slowing Growth in India, China to Weigh on Iron Ore Market
Iron ore has had a volatile year. Based on a forecast made by sector experts and research agencies, the coming year will not bring any cheer on that front. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Much of the gloom and doom scenarios stems from the fact that two […]
This Morning in Metals: China’s Aluminum Production Falls in August
This morning in metals news, China’s aluminum production dipped in August compared with the previous month, China plans to bring its first domestically developed sources of medical cobalt-60 to the market and copper prices are down. China Aluminum Production Falls China’s August aluminum production fell compared with the previous month, Reuters reported. The country saw […]
