Prices for hot-rolled coil in Western Europe have continued their upward trend in October and November. Mills report solid bookings well into 2021, market participants said. Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices. Hot-rolled coil deals Offers and transactions over the previous week on […]
Tag: L1
DOC: Steel cylinders from China dumped into U.S.
The Department of Commerce made a preliminary determination in its anti-dumping investigation covering non-refillable steel cylinders imported from China. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be used when sourcing metals for 2021 […]
French firm aims to add to Indian renewables portfolio
French company Total’s love affair with India’s renewables sector continues. Already having major joint ventures with India’s Adani Group firms for renewable energy projects, gas distribution, and other projects, Total’s chief executive Patrick Pouyanne said last week that his company aimed to increase its renewable energy portfolio in India to 6 gigawatts by 2025, per […]
Aluminum can market fizzes amid struggle to meet surging demand
Aerospace may be down, automotive is coming back, albeit going through immense change from internal combustion engine (ICE) to electric vehicles (EVs), but one sector of the aluminum market that is brewing up a storm is the aluminum can market. Are you prepared for your annual aluminum contract negotiations? Be sure to check out our […]
U.S. steel sector’s capacity utilization rate rises to 69.7%
Continuing the theme of the last few months, the U.S. steel sector continued to make gains in capacity utilization last week. We know there are many popular steel contracting indices. But you shouldn’t use them all the time — sometimes they can favor the seller over the buyer. See why! Steel capacity utilization rises to […]
U.S. steel imports dip over 8% from August to September
U.S. steel imports dipped 8.3% from August to September, according to U.S. Census Bureau data released Monday. Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices. U.S. steel imports in September In September 2020, the U.S. imported 1.1 million metric tons on steel products, down from […]
Western European steelmakers expect improved 2021 but remain cautious
West European steelmakers are likely to see improvements in production and demand for their rolled products in 2021, following the adverse economic effects due to COVID-19 in 2020, industry watchers predicted. Volatility is the name of the game. Do you have a steel buying strategy that can handle the ups and downs? Better 2021 for […]
Copper price rises to over two-year high — is the surge fizz or substance?
The copper price breached $7,000 per ton this week, reaching $7,034 per ton on the LME — the highest level since June 2018. What does this tell us? Is demand robust and supply constrained? The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors […]
ILZSG: Lead and zinc demand forecast to drop 6.5%, 5.3%
The International Lead and Zinc Study Group (ILZSG) forecast global lead and zinc demand will decline by 6.5% and 5.3%, respectively, this year. Meanwhile, ILZSG forecast lead and zinc demand will rise by 4.4% and 6.6%, respectively, in 2021. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete […]
September 2020 housing starts surge 11.1% year over year
September 2020 housing starts in the U.S. got a big boost on a year-over-year basis, the Census Bureau and Department of Housing and Urban Development reported. Privately owned housing starts increased 11.1% in September 2020 compared with September 2019. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete […]
