This morning in metals news, copper prices are buoyed by a softening U.S. dollar, Dalian iron ore drops and trade ministers from the U.S., Japan and the European Union met in Washington, D.C. yesterday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices Rise The price of copper has […]
Tag: Copper
This Morning in Metals: U.S., China Conclude Round of Trade Talks This Week
This morning in metals news, trade delegations from the U.S. and China concluded talks this week, the E.U. is expected to impose steel import curbs and copper rises to a one-week high. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S-China Trade Talks The new year has begun with dialogue. […]
This Morning in Metals: U.K. Steel Exports to U.S. Down 20% Since Tariff
This morning in metals news, the U.K.’s steel export levels to the U.S. have come down this year, China’s steel output surged through the first 11 months of the year and 2018 proved to be a down year for a number of commodities, including copper. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: London Copper Jumps 1%
This morning in metals news, LME copper jumped 1% Thursday, China Minmetals Corporation will buy over 2 million tons of iron ore from miner Rio Tinto next year and India is challenging a World Trade Organization (WTO) ruling on its steel safeguard against Japan. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME […]
Best of 2018: Top Copper Posts of the Year, From Escondida to Trade Fears
We’ve taken a stroll down Steel Street and Aluminum Avenue — what about copper? Need buying strategies for copper in 2019? MetalMiner’s Annual Outlook has what you need The LME copper price surged to a 2018 high in early June, reaching $7,261.50 per ton, before plunging below the $6,000 per ton level about six weeks […]
This Morning in Metals: Shanghai Copper Prices Flatten After Earlier Declines
This morning in metals news, Chinese copper prices held flat Wednesday after drops earlier in the week, Novelis says it sees limited impact from the U.S.’s Section 232 tariff on aluminum and miner Rio Tinto is looking to take its Iron Ore Company of Canada public in early 2019. Need buying strategies for steel? Request […]
Vedanta Shares Rise After Indian Court Order to Restart Shuttered Copper Smelter
In a ruling that caught many by surprise, an environment court in India set aside a provincial government order to shut down Vedanta’s copper smelter plant permanently. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook This is the same plant over which the local population in the southern Indian state […]
This Morning in Metals: Tokyo Steel to Hold Prices Steady in January
This morning in metals news, Tokyo Steel says it will hold steel prices steady in January, base metals prices fell Monday and Australian miner Fortescue announces its mid-grade iron ore production expectations for 2019. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steady Steel Prices for Tokyo Steel After prices […]
Morning in Metals: U.S. Steel Shipments Up, China Near-Term Non-Ferrous Outlook Weak
Here’s what we’re tracking this morning in metals: U.S. steel shipments are up in October. AISI has reported that U.S. steel mills shipped close to 8.2 million net tons in October, a 4.6% rise over the month of September — and a 6% increase from the 7.7 million net tons shipped in October 2017. In […]
This Morning in Metals: Teck Resources Teams Up With Sumitomo on Chilean Mine Expansion
This morning in metals news, a Canadian miner is teaming up with a Japanese company on a major mine expansion effort in Chile, the U.K. steel sector is struggling with power costs and an Illinois steel plant is on the move. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Teck […]
