This morning in metals news, the U.S.’s trade deficit in goods and services rose in April, the China Iron and Steel Association expects Vale to ramp up iron ore exports to China this year and General Motors CEO Mary Barra expects the automaker’s production levels to return to nearly pre-coronavirus levels by the end of June.
Tag: Iron Ore
This Morning in Metals: Copper demand to fall 5.4% this year, IWCC says
This morning in metals news, copper demand is set to take a fall this year, iron ore prices are getting a boost and the Pilbara Ports Authority announced new risk-assessment measures.
This Morning in Metals: Cleveland-Cliffs to raise flat-rolled steel prices
This morning in metals news, Cleveland-Cliffs announced plans to increase its flat-rolled steel prices, China’s copper inventories have declined and the iron ore price moved up near $100 per ton Thursday.
This Morning in Metals: U.S. steel shipments drop 6.3% in March
This morning in metals news, U.S. steel shipments fell in March, Chinese stainless steel futures surged to a nine-month high and BHP made its first yuan-denominated sale of iron ore to China’s Baosteel.
This Morning in Metals: Reuters: Trump administration to draft plans for moon mining
This morning in metals news, Reuters reports the Trump administration plans to unveil plans that will outline a legal framework for mining on the moon, Norsk Hydro recently released its first-quarter results and Chinese iron ore futures made gains Wednesday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
This Morning in Metals: Glencore copper production drops 9%
This morning in metals news, Glencore released its Q1 production results, Fortescue reported a 10% quarterly increase in iron ore shipments and Rusal’s aluminum production fell slightly in Q1 on a month-over-month basis. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: Arconic to resume operations at Tennessee facility
This morning in metals news, Arconic Corporation announced it expects to resume operations at its Tennessee facility this week, BHP is looking to expand its iron ore exports from the Port Hedland terminal and China Baowu Steel Group surpassed ArcelorMittal in 2019 as the world’s top steel producer. Looking for metal price forecasting and data analysis […]
Rio Tinto: China demand recovering, ‘uncertain’ outlook elsewhere
Rio Tinto recently released its Q1 production results, a quarter in which the coronavirus outbreak overwhelmed health systems, disrupted supply chains and led to downward revisions of economic growth forecasts. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Even so, Rio Tinto’s production levels, while down […]
This Morning in Metals: Year-to-date U.S. steel production down 2.7%
This morning in metals news, U.S. steel production during the year to date is down 2.7%, a rise in demand for niche steel products could benefit Chinese steel mills and iron ore shipments from Australia’s Frances Creek mine are set to resume. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Week in Review: Housing starts surge; aluminum mills go green; iron ore price falls
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of: U.S. housing starts; aluminum mills taking steps to make their operations more green; iron ore prices; and the European steel sector. Looking for metal price forecasting and […]