The Renewables Monthly Metals Index (MMI) rose by 4.4% this month, as the Energy Information Administration released a forecast on renewable energy. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) Renewable energy growth in the US US electricity generation from renewable energy sources is forecast to double over the […]
Tag: Zinc
This Morning in Metals: Ford, Mahindra end joint venture talks
This morning in metals news: Ford Motor Co. and Mahindra announced the mutual decision to end joint venture talks; the Energy Information Administration released its quarterly coal report; and, finally, the zinc price has retraced. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. Ford, Mahindra […]
Zinc is following a bull narrative like copper
On the face of it, zinc is yet another base metal on a bull run, from a low of $1,675 per ton in March of this year to around $2,800 per ton now. Are you on the hook for communicating the company’s steel performance to the executive team? See what should be in that report! An ING […]
ILZSG: Lead and zinc demand forecast to drop 6.5%, 5.3%
The International Lead and Zinc Study Group (ILZSG) forecast global lead and zinc demand will decline by 6.5% and 5.3%, respectively, this year. Meanwhile, ILZSG forecast lead and zinc demand will rise by 4.4% and 6.6%, respectively, in 2021. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete […]
This Morning in Metals: Automotive retail sales forecast to gain for first time since February
This morning in metals news: U.S. automotive retails sales appear to be on the rise this month for the first time since February; U.S. steel imports are down 21%; and the zinc price has slipped nearly 4% over the past month. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with […]
ILZSG: Global lead, zinc supplies post surpluses through first half of 2020
The global lead and zinc markets posted supply surpluses during the first half of the year, the International Lead and Zinc Study Group (ILZSG) reported late last week. See why technical analysis is a superior forecasting methodology over fundamental analysis and why it matters for your metals buy. Lead supply exceeds demand by 78kt The […]
Week in Review: MMI Week; housing starts; price support for zinc, copper, lead
This week, we wrapped up our Monthly Metals Index (MMI) series for the month, including coverage of the renewables sector, stainless steel surcharges and steel demand in China. Furthermore, MetalMiner’s Stuart Burns delved into supply-side impacts on lead, copper and zinc. In other economic indicators, U.S. housing starts surged in July — a bright spot […]
This Morning in Metals: Pressure rises on Thyssenkrupp’s steel business
This morning in metals news: Thyssenkrupp’s steel unit is facing heavy losses this year; zinc prices have gained despite elevated stocks; and copper dipped Thursday. Thyssenkrupp faces major losses Thyssenkrupp, which last year left Germany’s DAX index, faces a potential 1 billion euros in losses this year, Reuters reported. Earlier this year, the German firm […]
This Morning in Metals: Last call to sign up for the MetalMiner 2021 Forecasting Workshop
This morning in metals news: MetalMiner’s 2021 Forecasting Workshop is tomorrow; steel shipments from U.S. mills dropped 22% in June; and the European Steel Association outlined the impact of the COVID-19 pandemic on the European steel sector. Want MetalMiner directly in your inbox? Sign up for weekly, monthly or quarterly updates now. Last chance to […]
ILZSG: Global lead, zinc markets post supply surpluses in Q1 2020
The International Lead and Zinc Study Group (ILZSG) this month reported the global lead and zinc markets posted supply surpluses for the first quarter of 2020.
