We’ve taken a stroll down Steel Street and Aluminum Avenue — what about copper? Need buying strategies for copper in 2019? MetalMiner’s Annual Outlook has what you need The LME copper price surged to a 2018 high in early June, reaching $7,261.50 per ton, before plunging below the $6,000 per ton level about six weeks […]
Tag: L1
Best of 2018: Top Steel Posts of the Year, From Section 232 to Stainless Surcharges
It was yet another busy year in the world of steel news. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The main pillar of that news was the Trump administration’s imposition of a 25% tariff on imported steel. That saga, of course, is ongoing. A select few countries have won […]
Best of 2018: The Top 10 Most-Viewed Stories on MetalMiner
The year is coming to a close, which means it’s a perfect time to look back before saying goodbye to 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook So, before we turn the calendar over to 2019, let’s take a look back at the top 10 most-viewed stories here […]
Rusal Back in U.S.’s Good Books, But Oligarch Oleg Deripaska Stays Out in the Cold
Well, that was something and nothing, wasn’t it? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The non-event of the month was the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announcement this week of its intention to end sanctions on En+ Group plc, UC Rusal plc, and JSC […]
Week in Review: Palladium’s Rising Star, China’s Auto Tariffs and November Steel Production
Before we head into the weekend, let’s take a look back at the week that was with some of the stories here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Sohrab Darabshaw writes about a Japanese firm opening a new aluminum alloy plant in India. In case you […]
Indonesian Tin Producer PT Timah Announces 3Q Production Increase
Despite posting a year over year production decline through the first nine months of the year, Indonesia’s state-run tin producer PT Timah announced its third-quarter production jumped 27% on a quarter-over-quarter basis, according to a report by the International Tin Association (ITA). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Palladium is the New Gold
After surging more than 50% in the last four months, palladium — that previously little-discussed Platinum Group Metal (PGM) — reached $1,255.12/ounce, surpassing gold for the first time in 16 years last week, according to The New York Times. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Driven by both […]
Raw Steel MMI: Steel Prices Continue to Lose Momentum
The Raw Steels Monthly Metals Index (MMI) fell again this month, dropping to 83 points. The Raw Steels MMI held at 89 points since August for four consecutive months, but started decreasing in November. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The recent slowdown in domestic steel price momentum […]
Copper MMI: Copper Prices Build on Previous Months’ Gains
In December, the Copper Monthly Metals Index (MMI) rose three points, returning to October 2018 levels. Higher LME copper prices drove the index. The current Copper MMI stands at 77 points. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Contrary to other base metals, LME copper prices increased in November. […]
Rare Earths MMI: Australian Rare Earths Miner Mulls Legal Action Against Malaysian Government
The Rare Earths Monthly Metals Index (MMI) picked up one point, rising for a December MMI reading of 18. Lynas Considers Legal Action Against Malaysian Government In last month’s installment of the Rare Earths MMI, we noted shares of Australian miner Lynas Corporation Limited got a boost on news that the Malaysian government would allow it […]