This morning in metals news, the LME copper price fell Thursday, miner Antofagasta downgraded its 2018 copper production guidance and Norsk Hydro says the global aluminum market is moving toward a deficit. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Slides The LME copper price dropped to a two-week low […]
Tag: Aluminum
India Grapples with Repercussions of U.S. Metals Tariffs
The ripples continue to spread across the pond of international trade from President Trump’s steel and aluminum tariffs. In a recent post from India reported in Aluminium Insider, an analysis of the scrap, primary and downstream semi-finished metals trades into and out of India reveal how economies on the other side of the globe are grappling […]
This Morning in Metals: Ford Says Prices of U.S. Steel More Expensive than Anywhere Else
This morning in metals, Ford Motor Co. says prices of U.S. steel are higher than anywhere else in the world, China’s alumina exports surged in September and the LME copper price dropped Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook High Prices U.S. automaker Ford has been vocal about […]
This Morning in Metals: Tangshan Mills Boost Steel Production
This morning in metals news, mills in the Chinese city of Tangshan have increased steel production despite the official start of winter cuts, LME copper prices fell and U.S. imports of aluminum from Australia have been on the rise. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Tangshan Boosts Steel […]
DOC Initiates CVD, AD Investigations of Aluminum Wire, Cable Imports From China
The U.S. Department of Commerce (DOC) announced late last week that it had initiated anti-dumping and countervailing duty investigations related to imports of aluminum wire and cable from China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the DOC, imports of the products from China in 2017 were […]
This Morning in Metals: U.S. Steel Sector Gets a Downgrade from Credit Suisse
This morning in metals news, Credit Suisse has downgraded the outlook for the U.S. steel sector, a Turkish steel company CEO is optimistic the U.S. will roll back the recently doubled Section 232 metals tariffs and Brazilian miner Vale posted record Q3 iron ore output. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: Chinese Steelmaking Hub Orders Production Cuts Over Next Week
This morning in metals news, the Chinese city of Tangshan has called for called for a 50% cut in production over the next week, AK Steel won a $1.2 million award from the Department of Energy and Novelis broke ground on a new automotive aluminum facility in China. Need buying strategies for steel? Request your […]
This Morning in Metals: Norsk Hydro Plans Alunorte Restart
This morning in metals news, Norsk Hydro plans to restart its Alunorte alumina refinery, Shanghai steel rebar prices fell and Turkey plans to impose steel import quotas. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Aluminum Prices Back Down After surging last week on news of Norsk Hydro’s shutdown of […]
This Morning in Metals: U.S. Steel Pulls Back on Some Proposals in Contract Talks
This morning in metals news, U.S. Steel contract talks continue with its workers, aluminum prices continued to rise today after a big surge yesterday and U.S. steel import permit applications dropped significantly in September. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Pulls Back From Some Proposals in […]
This Morning in Metals: Aluminum Association Disappointed in USMCA
This morning in metals news, the Aluminum Association expressed its disappointment in the United States-Mexico-Canada Agreement (USMCA), the Pentagon is reviewing the U.S.’s dependence on foreign sources of critical materials (including rare earths from China) and Section 232 steel tariff exemption requests continue to rise. Need buying strategies for steel? Request your two-month free trial […]
