This morning in metals news, energy companies are lobbying for exemptions from the U.S. steel tariff, U.S. steel exports dropped in April compared with the previous month, and steel and iron ore prices fell by the greatest amount since March. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Asking for Exemptions […]
Tag: Iron Ore
This Morning in Metals: China Iron Ore Futures Rise
This morning in metals news, China iron ore futures were up Monday, the chief executive of Japan’s LIXIL Group expressed concern about aluminum price volatility, and a new study measures the economic effect of a potential U.S. withdrawal from the North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free months […]
This Morning in Metals: Saudi Arabia Seeks $100/Barrel Oil Price, Chinese Iron Ore Rebounds from 10-Month Low
This morning in metal news, Chinese iron ore futures rebound from a 10-month low, Saudi Arabia emerges as OPEC’s leading supporter for further reducing oil supply, and researchers discover a major supply of rare earth minerals in the seabed near a remote Japanese island. Need buying strategies for steel? Try two free months of MetalMiner’s […]
This Morning in Metals: Rusal Metal Pulled from LME, CME
This morning in metals news, Russian aluminum giant Rusal saw its shares pulled from global indexes and its metal disallowed from the London Metal Exchange and CME Group, one analyst says Russian aluminum will find its way to market in some way and the Chinese iron ore price dropped Wednesday. Need buying strategies for steel? […]
High China Iron Ore Port Stocks Not the Whole Story
Not surprisingly, any discussion of iron ore prices in top consumer China inevitably involves some reference to import stock inventory. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook So when Reuters reports that the Dalian commodity exchange May iron ore contract price touched a low of 475.50 yuan per ton this […]
Protests Arise as Indian Supreme Court Cancels Iron Ore Mining Permits in Goa
It seems all too familiar — one step ahead, two steps back. The cancelation by India’s top court, the Supreme Court, of all iron ore mining permits in Goa, one of the country’s top producing provinces for this raw material, has led to concerns being raised in industry and and economic circles of the country […]
This Morning in Metals: China’s Extension of Production Cuts Boosts Steel, Iron Ore Futures
This morning in metals news, the extension of pollution-curbing efforts in China is offering a boost to iron ore and steel futures, an Australian steel company is nervous about the possibility of Section 232-related steel tariffs from the U.S., and Mexico fined a steel company for stock manipulation. Need buying strategies for steel? Try two […]
Chinese Steel Prices Ease as Demand Softens in Winter Season
Normally when supply is constrained prices will rise, but China’s steel market is presently at the mercy of several dynamics. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On the one hand, Beijing is constraining polluting industries like steel and coke production. Those same policy decisions, however, are hitting industries that […]
This Morning in Metals: Britain Uses $1M Toward Satellite Research to Locate Minerals
This morning in metals news, the U.K. is looking to be a low-carbon player in the post-Brexit world, Chinese steel mills get a win and the City of Chicago files a lawsuit against U.S. Steel related to toxic spills into Lake Michigan by the company last year. MetalMiner’s Annual Outlook provides 2018 buying strategies for […]
This Morning in Metals: Chinese Aluminum Output Rises in December
This morning in metals news, China ramped up its aluminum output in December, British police are looking into allegations of pension fraud against steelworkers and India considers a plan to have its steel ministry oversee iron ore and coal operations. Want to see an Aluminum Price forecast? Take a free trial! British Police Look Into […]
