This morning in metals news, BHP released its half-year production results, the GFG Alliance unveiled a new aluminum group and copper prices have been on the rise early this year. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! BHP’s copper production rises 7% Miner BHP released […]
Tag: copper price
Copper MMI: Uncertain demand continues to moderate copper price gains
The Copper Monthly Metals Index (MMI) increased by three points this month to 76, the highest value seen since hitting 78 in May. Individual price increases in the Copper MMI basket fell in the range of roughly 1-6%. LME copper prices managed to regain the $6,200 level but proceeded to move sideways from there due […]
This Morning in Metals: U.S. steel sector starts 2020 with 82% capacity utilization
This morning in metals news, the U.S. steel sector posted a capacity utilization rate of 82.0% to start the new year, copper prices made gains Tuesday and the Port Talbot steelworks’ losses continue to trouble Tata Steel.
This Morning in Metals: Copper prices surge to eight-month high
This morning in metals news, the price of copper has surged to an eight-month high, Nucor earlier this month announced a new coil paint line and iron ore prices were also up on the final Friday of 2019. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
Global copper mine production down 0.4% through Q3
Copper mine production fell slightly through the first three quarters of the year and prices have showed some upward momentum in Q4.
This Morning in Metals: LME copper price rises to seven-month high
This morning in metals news: copper prices surged to their highest level in seven months; the acquisition of British Steel is progressing, according to prospective Chinese buyer Jingye; and USTR Robert Lighthizer communicated with Mexico regarding USMCA implementation. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
Copper MMI: Uncertain Demand Outlook Holds Back Index Gains
The Copper Monthly Metals Index (MMI) held at last month’s value of 73 based on November price data. LME copper prices took a sideways turn during November as uncertainty over the strength of the global economy continued to constrain copper prices. Source: MetalMiner analysis of London Metal Exchange (LME) and FastMarkets. The price continued to […]
ICSG: Global copper market in deficit by 330K tons
According to the most recent report from the International Copper Study Group (ICSG), the global copper market through the first eight months of the year posted a deficit of 330,000 tons. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper mine production slips […]
This Morning in Metals: Tata Steel Plans to Cut Jobs in Europe
This morning in metals news, Tata Steel is making job cuts across its European operations, U.S. Steel announced it plans to reduce its greenhouse gas emissions by 20% by 2030 and copper ticked up again Monday. Job Cuts Coming to Tata Steel’s European Operations Steelmaker Tata Steel will cut jobs throughout its European operations, Reuters […]
Copper MMI: Copper Prices Rise; Mixed Demand Outlook Restrains Index Gains
The Copper Monthly Metals Index (MMI) increased slightly this month to 73, compared to last month’s value of 71, with all copper prices in the index increasing mildly. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Overall, the LME copper price moved up […]
