The diverse drivers of expanding renewable energy and demand for liquefied natural gas (LNG) are in turn stimulating demand for stainless steels and aluminum. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Perversely, the growing competitiveness of renewable energy is making the use of natural gas less economic for baseload power generation. However, […]
Tag: L1
LME Copper Price Falls As Labor Negotiations in Chile Continue
Steel and aluminum are getting all the attention these days — and perhaps rightfully so, given the international row over the U.S.’s steel and aluminum tariffs and the subsequent crossfire of counter-tariffs. But copper, often referred to as “Dr. Copper” for its usefulness as an overall indicator of economic health, is also undergoing important developments. […]
Aluminum Tariffs Results Are a Mixed Bag for U.S. So Far
If the aim of President Trump’s 10% import tariff on aluminum was to impact China or to encourage the reshoring of primary aluminum production into the U.S., it has, at least so far, been at best only a partial success. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Just last month, […]
Is This a U.S.-China Trade War or Just a Chaotic Negotiation?
It may seem like we are on the brink of a trade war Armageddon. Certainly, stock markets have reacted negatively to the threat of a trade war between the world’s two largest economies, the U.S. and China. But the reality is we are in the midst of a crude, clumsy and haphazard negotiating process — […]
DOC Makes Affirmative Ruling in Chinese Aluminum Sheet AD Probe
The U.S. Department of Commerce (DOC) issued an affirmative preliminary ruling this week in its anti-dumping investigation of imports of common alloy aluminum sheet. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook “The association and its member companies that produce common alloy aluminum sheet are very pleased with this finding that again underscores […]
Glencore Is Getting Its DRC Affairs in Order
Even Glencore, with all its experience, contacts and resources, is finding the Democratic Republic of the Congo (DRC) a challenging place to do business. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook But this month Glencore has made significant progress in getting its DRC house in order. Firstly, the miner reached […]
Copper Has Had a Good Run — But Where Does it Go From Here?
Copper has been on a good run, you say? Need buying strategies for steel? Try two free months of MetalMiner’s Outlook It has been drifting down for much of the first quarter and it has only been the scare of a strike at Escondida that has returned prices to levels last seen at the start […]
Rio Tinto, Minmetals Ink JV Deal for Mineral Exploration in China
Last week Rio Tinto announced a new 50-50 joint venture with Beijing-based Minmetals, a partnership that will seek to explore “world-class mineral deposits” in China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to a Rio Tinto release, the registered capital of the joint venture amounts to $31.3 million, plus initial contributions […]
Are China’s Surging Aluminum Exports a Harbinger of Future Export Levels?
China could be said to be making hay while the sun shines. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook
The Oil Price Is at a Crossroads
After a sharp run up from the middle last year, the oil price is hovering below U.S. $80 per barrel. The market is finely balanced in terms of threats to supply and still has robust demand growth. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Capacity cuts implemented by Russia, OPEC […]
