The U.S. steel sector’s steel capacity utilization reached 80.4% for the week ending Nov. 23, as steel prices have recently showed some signs of bouncing back as we inch closer toward 2020. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Adjusted year-to-date steel production reached 87.20 million net tons at […]
Tag: L1
Don’t look to Beijing to raise global growth via stimulus as it has in the past
In previous downturns, Beijing has taken a range of stimulus measures to keep the economy growing robustly; as a result, it has contributed positively to global GDP and commodity prices. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. But this time around Beijing […]
ICSG: Global copper market in deficit by 330K tons
According to the most recent report from the International Copper Study Group (ICSG), the global copper market through the first eight months of the year posted a deficit of 330,000 tons. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper mine production slips […]
Platinum has seen surprisingly strong demand this year
You could be excused for thinking gold has been eclipsed this year — bought in record amounts by central banks in the first half of this year — as the price rose strongly through the late summer but has since drifted off. A recent report suggests, at least for some investors, gold has been sidelined […]
Chinese steel, raw material prices are on the rise
Amid the doom and gloom on steel prices – at least for producers, you won’t hear consumers complaining — a couple of Reuters reports suggest some of the relentless pressure on prices may ease early next year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Demand in top consumer China […]
Don Hauser joins MetalMiner commercial team from John Deere
MetalMiner is excited to announce longtime industry professional Don Hauser has joined MetalMiner’s commercial team this week after more than a decade at John Deere. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Hauser brings a wealth of industry experience to the MetalMiner […]
Metal manufacturers, users call for Section 232 sunset provision
More than a year and a half has elapsed since President Donald Trump, leveraging Section 232 of the Trade Expansion Act of 1962, imposed tariffs on imported steel and aluminum of 25% and 10%, respectively. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump applied the tariffs using the Section […]
U.S. Year-to-Date Steel Capacity Utilization Rate Holds at 80.3%
The U.S. steel sector’s capacity utilization rate incrementally declined in recent months, falling from 81.0% for the year to date as of late August down to 80.3% as of this past week, according to the American Iron and Steel Institute (AISI). The year-to-date capacity utilization rate this year has reached as high as 81.9% (back […]
ArcelorMittal Announces Shuttering of Plants in South Africa, Poland
The world’s largest steelmaker is in for some tough times. First, ArcelorMittal announced it would be shutting down a plant in South Africa, quickly followed up with another notice of the temporary closure of a furnace in Poland. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
British Steel Moves Toward Takeover by China’s Jingye
When it comes to the bidding for British Steel, it’s now out with the Turks and in with the Chinese. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It is all change at the sales counter in the process of hawking British Steel to the highest — or any — […]
