The International Lead and Zinc Study Group (ILZSG) released its most recent 2019 forecast for lead and zinc, forecasting a lead surplus, while zinc demand is forecast to exceed supply. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Lead Surplus The ILZSG forecast a lead surplus of 71,000 tons in […]
Tag: Zinc
This Morning in Metals: U.S. Steel to Invest More Than $1B at Pennsylvania Plants
This morning in metals news, U.S. Steel announced Thursday it plans to invest more than $1 billion at its Mon Valley Works facilities, Australian iron ore exports bounced back in April after being impacted by tropical cyclones in March and the zinc price fell to its lowest level in 2 1/2 months. Need buying strategies […]
Glencore Q1 Copper Production Falls 7%, Cobalt Rises 56%
Miner Glencore reported its Q1 2019 production figures this week, showing own-sourced copper production dipped 7% year over year, while cobalt production surged 56% year over year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Glencore’s copper production totaled 320.7 kt in Q1 2019, while cobalt production reached 10.9 kt. According […]
This Morning in Metals: Steel Capacity Utilization Rate Reaches 81.9%
This morning in metals news, the U.S. steel sector’s capacity utilization rate for the year through April 6 reached 81.9%, the zinc price fell on easing supply concerns and miner Glencore is becoming a bigger and bigger player in the copper market. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Metal Prices Gain Momentum in February
On the heels of the doldrums of December, metals prices have made gains through the first two months in 2019. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook February was an especially strong month for a number of metals. However, markets are especially sensitive to any snippets of news coming out of the […]
ILZSG: Global Lead, Zinc Post Supply Deficits in 2018
The International Lead and Zinc Study Group (ILZSG) recently released data for 2018 showing lead and zinc posted supply deficits last year. Zinc Zinc supply fell short of demand by 384 kt in 2018, according to the ILZSG. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Zinc mine output “increased […]
This Morning in Metals: Chinese Iron Ore Futures Surge
This morning in metals news, Chinese iron ore futures hit their highest price point in 10 months, Turkey’s steel sector takes another hit, and copper and zinc hit their 2019 highs. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Rises Is optimism building vis-a-vis a potential resolution to […]
This Morning in Metals: Chinese Iron Ore Drops to 4 1/2-Month Low
This morning in metals news, Chinese iron ore has hit a 4 1/2-month low, the zinc price fell for a fourth straight session and tariff waiver requests have been granted for a great number of metals from China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Chinese Iron Ore Continues […]
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 […]
ILZSG Reports Global Supply Deficits for Zinc, Lead Through September
A recent report by the International Lead and Zinc Study Group (ILZSG) details lead and zinc supply and demand levels for the first nine months of the year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Lead Demand Exceeds Supply According to the report, lead demand exceeded supply by 110,000 […]
