This morning in metals news, U.S. Steel announced a new joint venture with Big River Steel, the E.U.-U.S. fight over aircraft subsidies continues and Chile’s copper output increased in August. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel to Purchase 49.9% […]
Tag: Copper
This Morning in Metals: Rio Tinto to Offer Responsibly Produced Aluminum
This morning in metals news, Rio Tinto will offer independently certified and responsibly produced aluminum, Norsk Hydro hosts Investor Day and copper prices move upward. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Rio Tinto to Offer Responsibly Sourced Aluminum As MetalMiner’s Stuart […]
Global Copper Mine Production Down 1.4% in 1H 2019
Copper prices have been sliding this year, with the average LME cash price in August of $5,707.98/mt down 3.9% from a July average of $5,939.85/mt. Global copper mine production is also down. Through the first half of 2019, copper mine production was down 1.4% compared with the first half of 2018, according to a report […]
This Morning in Metals: United Steelworkers Ratify Alcoa Labor Deal
This morning in metals news, members of the United Steelworkers union ratified a new Alcoa labor deal, the European Steel Association (EUROFER) recently released its 2019 European Steel in Figures report and LME copper prices were up Friday. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
This Morning in Metals: E.U. Trade Commissioner Wants Deal on Aircraft Subsidies
This morning in metals news, E.U. Trade Commissioner Cecilia Malmstrom wants the U.S. to hold off on imposing tariffs in response to the long-running Airbus-Boeing subsidy saga, iron ore prices could continue to plunge and copper prices dipped again Tuesday. E.U. Trade Chief Seeks Deal on Aircraft Subsidies Earlier this year, the United States Trade […]
This Morning in Metals: China’s Aluminum Production Falls in August
This morning in metals news, China’s aluminum production dipped in August compared with the previous month, China plans to bring its first domestically developed sources of medical cobalt-60 to the market and copper prices are down. China Aluminum Production Falls China’s August aluminum production fell compared with the previous month, Reuters reported. The country saw […]
Copper MMI: August Demand Weakness Drags Down the Index
The Copper Monthly Metals Index (MMI) dropped three points in August down to 71, with all prices in the index losing value. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME copper prices traded lower in August following the precipitous price drop early in the month. The price dropped again […]
This Morning in Metals: China Exempts U.S. Soybeans, Pork from Tariffs
This morning in metals news, China spared U.S. soybeans and pork imports from tariffs, copper prices gained on the current tenor of trade news and Chinese iron ore rose to a five-week high. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Exempts Pork, Soybeans from Tariffs China announced it […]
This Morning in Metals: China Announces Tariff Exemptions for Some U.S. Goods
This morning in metals news, China announced some U.S. goods would be exempted from tariffs, steel production is down in the Great Lakes region and copper falls amid declining Chinese auto sales. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Announces Tariff Exemptions The Chinese government announced Wednesday that […]
This Morning in Metals: China Sees Slowdown in Copper Imports, Aluminum Exports
This morning in metals news, China’s trade activity with respect to aluminum and copper slowed in August, Nucor announced Chairman and CEO John Ferriola will be retiring at the end of the calendar year and residents of an Arizona town expressed staunch opposition to a proposed aluminum recycling plant. Need buying strategies for steel? Request […]