This morning in metals news, Novelis officially closed on its acquisition of Aleris, U.S. steel production is down 4.9% this year and China’s March copper imports picked up 13%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Tag: Copper
This Morning in Metals: Antofagasta’s Los Pelambres expansion remains on hold
This morning in metals news, Antofagasta’s expansion of its Los Pelambres mine remains on care and maintenance during the coronavirus outbreak, copper prices gained to start the week, and Anglo American released an update on its operations during the pandemic. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
This Morning in Metals: Industrial profits plunge 38.3% in China over first two months of 2020
This morning in metals news, industrial profits in China plummeted over the first two months of the year amid the coronavirus outbreak, Rio Tinto released an update on its operations during the outbreak and copper prices are down 15% over the last month. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]
Global copper mine production down 0.7% in 2019
Global copper mine production dipped last year compared with 2018, according to the most recently monthly data from the International Copper Study Group (ICSG). Request a 30-minute demo of the MetalMiner Insights platform now. Copper concentrate production declined 0.6% and solvent-extraction electrowinning fell by around 1%, the ICSG reported.
This Morning in Metals: Turkey launches WTO dispute over E.U.’s steel safeguard
This morning in metals news, Turkey has objected to the E.U.’s steel safeguards at the World Trade Organization (WTO) level, copper prices continue to plummet and Chinese iron ore prices took heavy losses Monday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: U.S. Steel announces Q1 guidance
This morning in metals news, U.S. Steel unveiled its guidance for the first quarter, Glencore issued its response to the COVID-19 crisis, and gold prices are rising in relative value compared with copper and silver. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Copper MMI: Mixed price movements hold index sideways
The Copper Monthly Metals Index (MMI) held at a value of 70 this month based on a mix of mild price changes globally. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo LME copper prices traded sideways during most of February, following late January’s […]
This Morning in Metals: U.S. steel capacity utilization rate hits 81.8%
This morning in metals news, the U.S steel sector posted a capacity utilization rate of 81.8% through the first two months of the year, a major copper conference has been canceled amid coronavirus concerns and a British Steel takeover deal has finally been reached. Looking for metal price forecasting and data analysis in one easy-to-use […]
China’s growing domination of base metals continues
A recent Reuters article suggests China’s domination of the base metals market was marching on relentlessly prior to the coronavirus outbreak. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. The headline, “China’s copper imports and aluminium consumption to drop again in 2020,” suggested […]
Copper MMI: Uncertain demand after coronavirus outbreak reverses copper price gains
The Copper Monthly Metals Index (MMI) dropped six points this month to 70, a new long-term low, although close in value to October 2019’s reading of 71. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. LME copper prices rallied as January progressed then dropped […]
