This morning in metals news, Shanghai rebar has dropped to a one-month low, cobalt prices are set to rise after a mining halt at a Glencore location in the Democratic Republic of the Congo (DRC) and BHP says a train derailment will impact its iron ore exports from Australia. Need buying strategies for steel? Request […]
Tag: Iron Ore
This Morning in Metals: Two Chinese Economists Critical of Country’s Economic Model
This morning in metals news, two prominent Chinese economists have been publicly critical of China’s economic model, the U.S. Department of Commerce has launched an audit of tariff waivers received by companies, China’s steel demand appears to be a boon for the Indian iron ore sector and U.S. Steel shares dipped after hours Thursday following […]
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 […]
Iron Ore is Defying Gravity (For Now)
Despite the turmoil of an escalating war of words and the prospect of a full-blown trade war, the price of iron ore has remained remarkably robust this year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook As the primary ingredient in the most basic of manufacturing materials, steel, you may […]
This Morning in Metals: U.S. Steel Sector Gets a Downgrade from Credit Suisse
This morning in metals news, Credit Suisse has downgraded the outlook for the U.S. steel sector, a Turkish steel company CEO is optimistic the U.S. will roll back the recently doubled Section 232 metals tariffs and Brazilian miner Vale posted record Q3 iron ore output. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: Gillette Wins Exemption from Section 232 Steel Tariff
This morning in metals news, Gillette gets a break from the U.S.’s Section 232 steel tariff, Century Aluminum strikes a deal to keep its Charleston smelter going through at least 2020 and Indian steel mills are increasingly looking outside the country for iron ore. Need buying strategies for steel? Request your two-month free trial of […]
Demands Coming From All Quarters to Restart Mining of Iron Ore in Goa
The Indian province of Goa, known world over for tourism, was once also a well-known destination on India’s mining map. But legal, environmental and political issues ensured the stoppage of mining operations there in 2012. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Though operations did resume to a degree […]
This Morning in Metals: Energy Companies Hit a Wall in Steel Tariff Exemption Bids
This morning in metals news, U.S. energy companies haven’t had much luck in the steel tariff exemption request process, iron ore prices bounced back from a one-month low and Mexican steel exports to the U.S. plunged in June. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Energy Companies Look for […]
The Disconnect Between Iron Ore and Finished Steel Prices in China
We had a little mythbusting discussion the other day here at MetalMiner®, including, among other examples, that tracking raw material inputs is no predictor of finished product prices. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Take, for example, iron ore. Prices fell this spring and have been bouncing around either […]
This Morning in Metals: British Steel Makes £50M Scunthorpe Investment
This morning in metals news, British Steel is set to make a big investment, steel production for the week ending July 14 dropped from the previous week and BHP Billiton’s iron ore production is up. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook British Steel to Invest £50M According to the Financial […]