This morning in metals news, the U.S. and China’s trade negotiations march on, China’s Tewoo Group sells copper at below market value and a U.S. aluminum executive says tariffs aren’t the answer. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Work to Do After the latest round of trade talks […]
Tag: Aluminum
This Morning in Metals: Industry Groups Call for Removal of Aluminum Tariff
This morning in metals news, the Aluminum Association called for the removal of aluminum tariffs on Canada and Mexico, Norsk Hydro offered another update on its operations one week after it was hit by a cyber attack, and Vale SA’s 4Q 2018 iron ore output increased 8.2%. Aluminum Groups: Remove Aluminum Tariff Before Passage of […]
This Morning in Metals: Australian Firm Makes $575M Offer for Glencore Mine
This morning in metals news, Aeris Resources Ltd. has put in a big offer for a Glencore mine in Australia, trade volumes at the Port of Brownsville increased 6.6% in 2018 and one consultancy says U.S. tariffs on aluminum have actually driven Chinese exports of the metal. Need buying strategies for steel? Request your two-month […]
This Morning in Metals: Antofagasta Forecasts Copper Deficit of 100K-300K Tons
This morning in metals news, Chilean miner Antofagasta expects a copper deficit this year, Polish lawmakers have proposed slashing the country’s mining tax and hackers have targeted Norwegian aluminum maker Norsk Hydro. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Deficit Chilean miner Antofagasta forecasts a 2019 copper deficit […]
Norsk Hydro Appoints New CEO as Firm Aims to Restore Alunorte Capacity
Norwegian aluminum maker Norsk Hydro ASA has a new CEO for the first time in a decade. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The firm announced Monday that CEO Svein Richard Brandtzæg will be stepping down after 10 years. Hilde Merete Aasheim, executive vice president and head of Norsk Hydro’s primary metal business […]
Toyota Announces New U.S. Investment, Including at Tennessee, Missouri Aluminum Plants
Automaker Toyota last week announced a push to increase its previous investment pledge in the U.S. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Last week the automaker announced it would up a 2017 pledge to invest $10 billion in the U.S. over five years, increasing the investment up to $13 […]
This Morning in Metals: U.S. Working on Solution to Lift Metals Tariffs on Canada, Mexico
This morning in metals news, U.S. Trade Representative Robert Lighthizer on Tuesday said the U.S. is working on a “practical solution” to lift the steel and aluminum tariffs on Canada and Mexico, China is expected to have a 2.65-million-ton copper deficit this year, and a preliminary report on iron ore miner BHP’s train derailment in […]
This Morning in Metals: Canada Announces $100M in Funding for Steel, Aluminum Industries
This morning in metals news, the Canadian government announced it is rolling out $100 million in funding for its domestic steel and aluminum industries, copper moves toward a seven-month high, and Vietnam’s steel exports to the U.S. increased in 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Canadian Steel, […]
This Morning in Metals: China Imports Less Copper in February
This morning in metals news, China’s copper imports fell in February, U.S. Steel won an award sponsored by the Department of Energy and General Motors rolled out its last Chevy Cruze this week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Imports, Aluminum Exports Down in China China’s February […]
Aluminum MMI: Aluminum Prices Decline While Monthly Index Gains 2.3%
The March Aluminum Monthly Metals Index (MMI) increased again this month, rising 2.3% for an index value of 88, up from February’s value of 86. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook LME aluminum prices ended February near the price at the month’s outset, thus ending only slightly higher month on month […]
