Global steel production contracted in September, according to the most recent monthly data from the World Steel Association. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. In September, steel production from the 64 countries reporting data to the World Steel Association totaled 151.5 […]
Tag: L1
PwC: Global Mining and Metal Deal Value Declines 46% in Q3
The value of mining and metal company deals in the third quarter slowed considerably, according to a recent report by PwC. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. According to PwC’s most recent quarterly deals insight report, omnipresent concerns over global economic […]
China’s Steel Capacity Rising Just as Demand is Weakening
A recent Platts report offers a worrying picture of overcapacity in the Chinese steel market, which could have ramifications for steel prices worldwide. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. When Europe or the U.S. has an overcapacity issue, domestic producers suffer […]
India’s Coal Imports Drop Despite Coal India’s Operational Setbacks
It has come as a surprise to some in the coal sector that for the third consecutive month, India’s coal imports are set to drop in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. News agency Reuters reported India’s seaborne imports of […]
There’s No Shortage of Iron Ore — There’s a Shortage of it at the Right Cost
Two features of Chinese political and industrial policy have been consistent over the years: the willingness to plan long term and deep pockets to finance those plans. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. A major state-owned steelmaker and mining company, Sinosteel, […]
Global Aluminum Production Falls — But So Do Aluminum Prices
According to the International Aluminum Institute, global aluminum production totaled 5.16 million tons in September, down from 5.33 million tons in August and 5.30 million tons in September 2018. Despite the decline in production, prices have not received a boost — in fact, the LME aluminum price per pound is hovering at around $0.78 per […]
Copper Supply Grows, Putting More Pressure on Prices
A growing copper supply is not exactly what copper producers wanted to hear, as a new mine with a 100-year life span has been announced. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Prices have been depressed all year, with worries about deteriorating […]
Vale Ramps Up Iron Ore Production, Sales in 3Q 2019
Brazilian miner Vale recently unveiled its third-quarter production and sales figures, showing a strong quarter for the company’s iron ore operations. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Vale’s iron ore fines production totaled 86.7 million tons in the third quarter, up 35.4% from […]
India Becomes Net Copper Importer for First Time in Nearly Two Decades
The inevitable has happened. For some months now, copper industry experts in India have been predicting India would become a net importer of copper during this fiscal year. Well, that has happened. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. For the first […]
Global Steel Demand Forecast to Rise 3.9% in 2019
The World Steel Association forecast global steel demand will rise 3.9% in 2019 and by 1.7% in 2020. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the World Steel Association’s October Short Range Outlook (SRO), global steel demand in 2019 is forecast to reach 1,775.0 million tons and […]
