Following investigations regarding the cause of two launch failures in 2009 and 2011, NASA pointed the finger this week on faulty materials from aluminum manufacturer Sapa Profiles, Inc. (SPI). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “NASA Launch Services Program (LSP) investigators have determined the technical root cause for […]
Tag: Aluminum
This Morning in Metals: Republic of Congo Makes First Iron Ore Shipment
This morning in metals news, the Republic of Congo made its first export of iron ore, Korean steelmaker POSCO says elevated iron ore prices will put a damper on steel margins this year and global aluminum production in March hit 5.4 million metric tons. Need buying strategies for steel? Request your two-month free trial of […]
Aluminum Association: Imports of Chinese Aluminum Foil Down 64% from 2017-2018
A year on from the U.S.’s anti-dumping and countervailing duty orders on Chinese aluminum foil, imports of the product have plunged. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The Aluminum Association Trade Enforcement Working Group filed a petition requesting relief from imports of Chinese aluminum foil in May 2017. Almost one year […]
Rusal Makes Post-Sanctions Splash with Investment in U.S. Downstream Production
Call me cynical if you will but Russian aluminum firm Rusal’s announcement, reported in the Financial Times last week, that it intends to invest $200 million for a 40% stake in a new Kentucky aluminum rolling mill — in partnership with privately owned Braidy Industries — has the ring of payback to it. Need buying strategies […]
Rio Tinto Downgrades 2019 Iron Ore Guidance After Recent Cyclones
Miner Rio Tinto released its first-quarter production results this week and downgraded its 2019 iron ore guidance on the heels of the recent cyclones battering the Western Australia coast. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Our iron ore business faced several challenges at the start of this year, […]
India Launches Anti-Dumping Probe of Flat Steel Products from China, South Korea, Vietnam
The Indian government has initiated an inquiry into an allegation of dumping of aluminum and zinc-coated flat steel products from China, the Republic of Korea and Vietnam. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The probe will cover the October 2017-September 2018 period, but data from 2015 will also be looked at […]
Norsk Hydro to Increase Automotive Aluminum Capacity at Husnes Plant
Norwegian aluminum maker Norsk Hydro has recently been in the news for a cyber attack that brought much of its operations to a halt. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook More recently, however, the company turned to more positive news, announcing plans to upgrade technology at its Husnes plant to produce […]
This Morning in Metals: ‘Significant Work’ Remains in U.S.-China Trade Talks
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 […]
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 […]