Last year proved to be a hectic one for Norwegian aluminum maker Norsk Hydro. Request a 30-minute demo of the MetalMiner Insights platform now. Hilda Merete Aasheim, who took over as CEO in 2019, recapped some of the challenges in the company’s annual report.
Tag: L1
Coronavirus outbreak hammers share prices more than commodities
Those of us who are just passive investors in the stock market, usually via our pension plans, have no doubt been horrified by the meltdown in stock prices and what feels like the daily destruction of our savings. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! […]
Winners and losers from the oil price crash
The initial reaction to the collapse in oil prices this week, initiated by Saudi Arabia’s unilateral declaration that it would open the spigots and flood the market with oil while simultaneously heavily discounting prices, was followed by optimism in some quarters. That optimism came with the thought that lower oil prices would aid economies struggling […]
Copper MMI: Mixed price movements hold index sideways
The Copper Monthly Metals Index (MMI) held at a value of 70 this month based on a mix of mild price changes globally. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo LME copper prices traded sideways during most of February, following late January’s […]
Aluminum MMI: Demand weakness leads to further price deterioration
The Aluminum Monthly Metals Index (MMI) dropped three points once again, falling to 80 this month. Request a 30-minute demo of the MetalMiner Insights platform now. After holding sideways for most of February, LME aluminum prices once again grew weaker later in the month. Prices hit new short-term lows as of early March.
Rare Earths MMI: Malaysia grants Lynas Corp. three-year license renewal
The Rare Earths Monthly Metals Index (MMI) rose three points for a March MMI reading of 23. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Tesla’s announcement to move away from cobalt may not be all it seems
Reuters recently reported on Tesla’s announcement that it is in advanced talks to use batteries from China’s Contemporary Amperex Technology Co Ltd (CATL) that contain no cobalt specifically for use in cars made at Tesla’s Shanghai plant. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The […]
Raw Steels MMI: Global demand uncertainty weighs on index
The Raw Steels Monthly Metals Index (MMI) lost two points during the past month — indicating prices weakened slightly — for a March reading of 69. Chinese price weakness led the index decline, as all Chinese prices fell (with the exception of Chinese coking coal). Looking for metal price forecasting and data analysis in one […]
British Steel to live on, with or without the French
After 10 months of many false starts and tens of millions of pounds of taxpayers’ money pumped into the company to keep it going, the purchase of British Steel’s U.K. assets at least appears on the verge of completion next week. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying […]
Automotive MMI: Honda, Hyundai sales surge; GM adds 3,500 EV charging plugs
The Automotive Monthly Metals Index (MMI) held flat this month for a March MMI reading of 86. Request a 30-minute demo of the MetalMiner Insights platform now.