This morning in metals news, President Donald Trump announced the U.S. and Canada have mutually agreed to close their shared border to non-essential traffic, Indian steel stocks have gotten a boost this week and Chinese iron ore futures made gains. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
Tag: Iron Ore
This Morning in Metals: ITC determines U.S. industry not injured by fabricated structural steel imports
This morning in metals news, the U.S. International Trade Commission (USITC) made a negative determination in the ongoing anti-dumping probe of fabricated structural steel imports, the Pilbara Ports Authority released January shipment data and Norsk Hydro will offer aluminum solutions for ships under construction for a Norwegian shipowner. Metal prices fluctuate. Key is knowing when […]
This Morning in Metals: Australian miner Fortescue posts strong 1H FY 2020
This morning in metals news, Australian miner Fortescue reported financial results for the first half of fiscal year 2020, Chinese iron ore futures rise and the LME primary three-month aluminum price slides. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
Week in Review: Geely-Volvo merger; China’s steel sector; iron ore prices
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: India’s auto sector; a merger of Geely and Volvo; China’s steel industry amid the coronavirus outbreak; the E.U.’s anti-dumping probe of aluminum extrusions from China; and iron […]
This Morning in Metals: Jingye Group pitches French government on British Steel deal
This morning in metals news, China’s Jingye Group has reportedly written to the French government in an effort to keep its takeover of the insolvent British Steel afloat, Liberty Steel faces challenges at its South Carolina mill and iron ore prices continue to surge. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s […]
Iron ore pushes higher despite sluggish steel demand, coronavirus measures
On the face of it, there appears to be a disconnect between the state of China’s steel market and the price of seaborne iron ore. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.
This Morning in Metals: Germany’s Thyssenkrupp cites ‘difficult economic environment’ in latest earnings report
This morning in metals news, Thyssenkrupp’s earnings fell last quarter, the U.S. Department of Commerce announced affirmative preliminary circumvention rulings regarding imports of corrosion-resistant steel products and Brazil’s Vale has been overtaken as the world’s No. 1 iron ore producer. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. […]
Coronavirus likely to impact steel, iron ore demand in 2020
Another victim of China’s coronavirus epidemic could well be the iron ore price. Iron ore had a stellar 2019, reaching a five-year high of $125 per ton in July on the back of Vale SA’s Brumadinho mining dam disaster and Cyclone Veronica, which struck Western Australia in March. Looking for metal price forecasting and data […]
This Morning in Metals: Tensions rise as Trump threatens E.U. with auto tariffs
This morning in metals news, U.S.-E.U. trade tensions are again at the forefront with President Donald Trump’s recent threats at the World Economic Forum in Davos, a Chinese firm has purchased British steel trader Stemcor and Brazil’s Vale is off to a slow start this year. Looking for metal price forecasting and data analysis in […]
This Morning in Metals: Rio Tinto releases Q4 production results
This morning in metals, miner Rio Tinto recently released its Q4 production results, China unveiled new copper scrap and aluminum scrap regulations, and China’s Jingye Group has called on consultants to help strengthen its case for its British Steel takeover plans. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
