When the Department of Commerce announced last month that Secretary of Commerce Wilbur Ross had forwarded his Section 232 steel report (and the following week, aluminum) to President Donald Trump, the details of the report were not made public. Section 232 buying strategies – download MetalMiner’s Section 232 Investigation Impact Report today! That changed Friday, […]
Tag: Aluminum
This Morning in Metals: Indonesian Government Mulls Freeport Copper Contract Extension
This morning in metals news, the Indonesian government is considering whether or not to extend the copper export contract with Freeport McMoRan, Reliance Steel and Aluminum announces its fourth quarter earnings. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Aluminum Tariffs Could Mean Pricier Beer? President Trump has met with lawmakers this week […]
China’s Aluminum Industry Looking for Outlets for Excess Metal
China is both the world’s largest aluminum producer and consumer. So, not surprisingly, what happens in the Chinese market has a major impact on global aluminum prices. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook There was a time some years ago when China’s primary aluminum market operated largely in isolation, with primary […]
This Morning in Metals: DOC Initiates AD, CVD Probes of Large Welded Pipe From 6 Countries
This morning in metals news, the U.S. Department of Commerce kicks off a new anti-dumping and countervailing duty probe, China urges the U.S. to exercise restraint when it comes to tariffs on steel imports and President Trump plans to meet with lawmakers to discuss tariffs on metals. Need buying strategies for steel? Try two free […]
SMDI Makes Case for Steel Over Aluminum During Chicago Auto Show
Use of aluminum in automotive bodies has gained steam in recent years — and the metal’s rivalry with steel has heated up in the process. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook For example, Ford Motor Co. shook up the marketplace when it announced its all-aluminum body F-150 2015 model. […]
This Morning in Metals: China Aims to Hit 2020 Steel Capacity Reduction Goal This Year
This morning in metals news, China is aiming to meet its 2020 goal for steel capacity cuts this year, a new bottle technology makes aluminum bottles feel like plastic and copper output in the Democratic Republic of Congo rose significantly in 2017. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese […]
This Morning in Metals: Rusal Aluminum Production Rises 1.5% in Q4 2017
This morning in metals news, Rusal saw its fourth quarter 2017 aluminum production rise, commodities generally escaped the brunt of Monday’s market plummet and European steel demand is set to rise in 2018. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Rusal Aluminum Production Jumps According to Platts, Rusal’s Q4 2017 […]
This Morning in Metals: Voestalpine Chief Executive Warns of European Steel Overcapacity
This morning in metals news, the chief executive of Austria’s Voestalpine says Europe’s steel industry has excess capacity, copper picked up as the dollar’s gains paused and automotive aluminum use is picking up according to one survey.Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Aluminum Autos The aluminum sector is becoming […]
This Morning in Metals: Indian Crude Steel Production Up 6.2% in 2017
This morning in metals news, Indian crude steel production jumped 6.2% in 2017, a Swiss steel firm was chosen to buy a troubled French steelmaker and Novelis announced that its aluminum will be supplied for the 2018 Jeep Wrangler. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Indian Crude Steel Production […]
This Morning in Metals: Weaker Chinese Demand Might Hold Back Copper, Aluminum Rallies
This morning in metals news, weaker demand in China could counterbalance other forces that would push the prices of copper and aluminum up, the Chinese perspective on potential looming trade actions from the Trump administration, and new research has produced a “super-strong” aluminum alloy. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Could […]