In an approximately 80-minute speech ranging from jobs and manufacturing to North Korea and Iran, President Donald Trump’s first State of the Union address also touched on issues impacting the metals industry — albeit, perhaps not as directly as one might have expected. (As a brief aside, according to the American Presidency Project, which tracks […]
Tag: L1
How Close to Reality Are China’s National Bureau of Statistics Growth Figures?
We have long since stopped believing official China growth data. If that’s the case, what is the “real” growth rate in China and should we care that the numbers appear to be manipulated? Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Officially, China grew by 6.8% in the final quarter of […]
Tata Steel Sees ‘Great Opportunity’ for Growth in India
Tata Steel is turning bullish on growth in India. Its global CEO and managing director, T.V. Narendran, has said the time had come for Tata Steel Ltd to start its next leg of expansion. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “We see great opportunity to grow in India and […]
Aluminum Cars Show Well at North American International Auto Show
The rise of aluminum in the automotive industry is something we’ve kept tabs on here, as some automakers have opted for the lightweight metal for their models, as opposed to steel. Lower your aluminum spend – Take a free trial of MetalMiner’s Monthly Outlook! Not surprisingly, there are passionate supports of each metal, who will […]
World Crude Steel Output Rises 5.3% in 2017: World Steel Association
The World Steel Association released its 2017 annual crude steel report on Wednesday, which showed steel output increases in almost every part of the world last year.Need buying strategies for steel? Try two free months of MetalMiner’s OutlookAccording to the report, the 1,691.2 million tons (MT) produced last year marked a 5.3% increase from the […]
Elon Musk’s Hyperloop Evolves as London-to-Edinburgh Route Explored
Silicon Valley and the modern-day entrepreneurs it has spawned cannot be accused of lacking blue sky thinking. Some of their ideas appear whacky and subsequently disappear from the news almost as soon as they are proposed. Others, however, have gone on to become real success stories, challenging our lack of vision and belief. Take Elon […]
Copper Had a Big 2017, but What Does 2018 Hold?
The 2017 calendar year saw copper heat up in a big way. According to MetalMiner IndX data, LME primary cash copper was $5,512/metric ton on Jan. 1, 2017. It closed the year at $7,215/mt, good for a meteoric rise of 30.9%. Need buying strategies for copper in 2018? MetalMiner’s Annual Outlook has what you need […]
The Conundrum of Growth in India
India is often touted as the next China — a similarly sized population is expected to offer vast potential, particularly coming from a low per capita usage of metals, energy and just about everything else. India just needs to be freed from bureaucracy and the shackles of its earlier obsession with socialism and it will […]
Steel Prices Pick Up Momentum to Kick Off 2018
Steel price momentum appears significantly stronger with the start of the year. Steel price momentum shifted in December, showing stronger upward movement. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Despite the momentum, MetalMiner remains cautious about steel prices. The U.S. Department of Commerce’s Section 232 outcome might also add some […]
Dept. of Commerce Announces Preliminary Affirmative Determinations in CVD Investigation of Steel Flanges
The U.S. Department of Commerce took another step forward in its investigation of steel flanges from China and India, announcing affirmative preliminary determinations in its countervailing duty (CVD) investigation on Wednesday evening. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In its release covering the announcement, the department once again touted […]
