This morning in metals news, Chinese steel prices are dropping, Rio Tinto is leading the copper charge in Australia’s Great Sandy Desert and Asian aluminum prices are coming down. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Chinese Steel Market Chinese steel prices are entering a bear market, according to […]
Tag: Copper
WBMS Report Shows Metal Deficits Can’t Fend Off Falling Investor Appetite
The World Bureau of Metal Statistics’ (WBMS) most recent press release makes for curious reading. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Covering as it does the first three quarters of this year, the January to September period, you could read the report and then ponder the recent price direction […]
This Morning in Metals: Tokyo Steel Announces Plate Price Increase
This morning in metals news, Tokyo Steel plans to raise plate prices, Rio Tinto says new aluminum capacity is needed outside of China and copper prices tick upward. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Plate Prices Rise Tokyo Steel plans to raise heavy plate prices by 2.5% in […]
This Morning in Metals: Zinc, Copper Move Toward Gains for the Week
This morning in metals news, the zinc and copper prices made gains this week, automakers expressed criticism of the U.S.’s steel and aluminum tariffs, and Shanghai rebar prices fell. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Zinc, Copper Prices Rise Both metals made gains this week on concerns of […]
This Morning in Metals: Copper Falls to One-Week Low
This morning in metals news, the copper price has slipped to a one-week low, builders in British Columbia are asking the Canadian government to loosen limits on steel imports and U.S. tariffs contributed to a Pittsburgh steelmaker’s down third quarter. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME Copper […]
This Morning in Metals: North American Aluminum Associations Petition for Tariff Exemptions
This morning in metals news, North American aluminum associations wrote a joint letter asking for quota-free tariff exemptions for Canadian and Mexican aluminum, European automakers plan to try out new LME steel contracts launching next year, and the LME copper price has dropped ahead of the U.S. midterm elections. Need buying strategies for steel? Request […]
This Morning in Metals: Shanghai Metals Prices Drop on Weaker Manufacturing Growth
This morning in metals news, Shanghai steel prices are down, Shanghai zinc and copper prices are also down, and U.S. steel prices are up by double-digit percentages this year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Shanghai Steel Falls Prices of Shanghai steel have dropped Wednesday for a third […]
Global Copper Mine Production Up 4.5% Through First Seven Months
According to an International Copper Study Group (ICSG) report released earlier this month, global copper production through the first seven months of the year was up 4.5% compared with the first seven months of 2017. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook By volume, copper production increased by 500,000 […]
This Morning in Metals: U.S. Could Add $257B in Tariffs on China if Talks Fail
This morning in metals news, another major tariff hammer could be set to fall on Chinese goods coming into the U.S., iron ore prices continue to rise and copper falls. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook More Tariffs on the Way? The U.S. has already imposed tariffs worth […]
This Morning in Metals: London Copper Prices Hit Two-Week Low
This morning in metals news, the LME copper price fell Thursday, miner Antofagasta downgraded its 2018 copper production guidance and Norsk Hydro says the global aluminum market is moving toward a deficit. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Slides The LME copper price dropped to a two-week low […]