Miner Rio Tinto declared force majeure on some contracts after Tropical Cyclone Veronica battered the western Australian coast last week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Rio Tinto’s iron ore operations in the Pilbara, Western Australia, are progressively resuming following the passing of Tropical Cyclone Veronica,” the company […]
Tag: Iron Ore
This Morning in Metals: Industry Groups Call for Removal of Aluminum Tariff
This morning in metals news, the Aluminum Association called for the removal of aluminum tariffs on Canada and Mexico, Norsk Hydro offered another update on its operations one week after it was hit by a cyber attack, and Vale SA’s 4Q 2018 iron ore output increased 8.2%. Aluminum Groups: Remove Aluminum Tariff Before Passage of […]
This Morning in Metals: Shanghai Copper Price Plunges
This morning in metals news, the price of copper on the SHFE fell, Australian iron ore exports are impacted by a cyclone and miner Vale SA halted operations at its Alegria iron ore mine. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Falls The Shanghai copper price dropped […]
This Morning in Metals: Copper Prices Steady to Start the Week
This morning in metals news, copper prices were up slightly Monday, Tokyo Steel held prices steady for the fourth straight month and Rio Tinto responds to criticism about carbon emissions stemming from its customers’ operations. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices LME copper traded up 0.4% […]
This Morning in Metals: LME Steel Contract Launch Could be Delayed
This morning in metals news, Reuters reports the launch of the London Metal Exchange’s planned steel contract will likely be pushed back to 2020, China’s average daily steel output in January and February increased, and India’s imports of iron ore were up 157% during the April-December 2018 period. Need buying strategies for steel? Request your […]
This Morning in Metals: U.S. Working on Solution to Lift Metals Tariffs on Canada, Mexico
This morning in metals news, U.S. Trade Representative Robert Lighthizer on Tuesday said the U.S. is working on a “practical solution” to lift the steel and aluminum tariffs on Canada and Mexico, China is expected to have a 2.65-million-ton copper deficit this year, and a preliminary report on iron ore miner BHP’s train derailment in […]
This Morning in Metals: U.S., China Could be Approaching Deal on Tariffs
This morning in metals news, the Wall Street Journal reports the U.S. and China are approaching a deal to roll back tariffs imposed over the last year, the Steel Authority of India Ltd. (SAIL) boosted iron ore production last month and iron ore prices are on the rise. Need buying strategies for steel? Request your two-month […]
This Morning in Metals: U.S. Agriculture Secretary Makes Case for Steel Quotas on Canada, Mexico
This morning in metals news, U.S. Agriculture Secretary Sonny Perdue is looking to convince President Trump to use quotas instead of standard tariffs on Canada and Mexico, Chinese steel mills are holding off on iron ore restocking amid rising price, and an Italian aluminum plant will be coming back online soon. Need buying strategies for […]
This Morning in Metals: Chinese Steel Prices Move Upward
This morning in metals news, Chinese steel prices are up ahead of the peak construction season, mining companies around the world are looking to change the way they operate in the wake of Vale SA’s fatal dam collapse and solar sector companies are sourcing prefab in order to find a way around the Trump administration’s […]
This Morning in Metals: President Trump Delays Schedule Tariff Increase on China
This morning in metals news, President Donald Trump over the weekend announced he would delay the previously scheduled March 1 tariff bump on a wide range of Chinese goods, British Steel Ltd. could take a hit if a Brexit deal cannot be reached and Brazil’s iron ore sector could experience significant disruptions in 2019. Need […]
