This morning in metals news, the price of copper has surged to an eight-month high, Nucor earlier this month announced a new coil paint line and iron ore prices were also up on the final Friday of 2019. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
Tag: Copper
Global copper mine production down 0.4% through Q3
Copper mine production fell slightly through the first three quarters of the year and prices have showed some upward momentum in Q4.
This Morning in Metals: LME copper price rises to seven-month high
This morning in metals news: copper prices surged to their highest level in seven months; the acquisition of British Steel is progressing, according to prospective Chinese buyer Jingye; and USTR Robert Lighthizer communicated with Mexico regarding USMCA implementation. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
This Morning in Metals: Tariffs on $370B in Chinese goods to stay
This morning in metals news, the United States Trade Representative released a statement on the U.S.-China partial trade deal, copper prices fell back from a seven-month high Thursday, and Norsk Hydro signed a $1,600 million credit facility linked to its emissions targets. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Copper MMI: Uncertain Demand Outlook Holds Back Index Gains
The Copper Monthly Metals Index (MMI) held at last month’s value of 73 based on November price data. LME copper prices took a sideways turn during November as uncertainty over the strength of the global economy continued to constrain copper prices. Source: MetalMiner analysis of London Metal Exchange (LME) and FastMarkets. The price continued to […]
This Morning in Metals: Average gas prices similar to past two Thanksgivings
This morning in metals news, gas prices this Thanksgiving were similar to levels the previous two years, Tata Steel has confirmed job cuts in the U.K. and a partnership may form toward development of new copper projects in Peru. Keep up to date on everything going on in the world of trade and tariffs via […]
This Morning in Metals: U.S. steel imports down 16%
This morning in metals news, U.S. steel imports were down 16% through the first 10 months of the year, steel companies are raising their prices and protests continue in the world’s top copper-producing country. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Steel […]
This Morning in Metals: Italy, ArcelorMittal to negotiate over Ilva steel plant
This morning in metals news, steelmaker ArcelorMittal is engaged in negotiations over its prior plans to take over Italy’s troubled Ilva plant, Norsk Hydro sold one of its plants in Spain and copper prices made gains Monday. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
ICSG: Global copper market in deficit by 330K tons
According to the most recent report from the International Copper Study Group (ICSG), the global copper market through the first eight months of the year posted a deficit of 330,000 tons. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper mine production slips […]
This Morning in Metals: Tata Steel Plans to Cut Jobs in Europe
This morning in metals news, Tata Steel is making job cuts across its European operations, U.S. Steel announced it plans to reduce its greenhouse gas emissions by 20% by 2030 and copper ticked up again Monday. Job Cuts Coming to Tata Steel’s European Operations Steelmaker Tata Steel will cut jobs throughout its European operations, Reuters […]
