The Construction Monthly Metals Index (MMI) lost two points this month, falling for a reading of 90. U.S. Construction Spending U.S. construction spending in August — the most recently available month of Census Bureau data — hit $1,318.5 billion, up 0.1% from the revised July estimate. Need buying strategies for steel? Request your two-month free trial […]
Tag: L9
NAFTA — Now USMCA — Agreed to at Last
You have to ask, after all the damage that America’s threats to rip up the North American Free Trade Agreement (NAFTA) has done to the relationship between the three member countries, whether the eventual outcome this week was worth it. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Naturally enough, […]
Zinc on the Brink of New Beginnings
An article in The New York Times makes a compelling case for why we may be looking at zinc as an exciting technology metal in years to come (rather than its traditional image as the galvanizing metal that stops steel from rusting). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
DOC Announces New Rebuttal System in Attempt to Improve Much-Criticized Section 232 Exclusion Process
The impact of the U.S.’s Section 232 steel and aluminum tariffs on its relationships with other countries has been well-documented — but what about Section 232 challenges at home? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook For domestic businesses seeking to win product exclusions from the tariffs that went […]
August Global Crude Steel Production Up 2.6% Year Over Year
According to a World Steel Association report, global crude steel production in August was up 2.6% compared with production in August 2017. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The 64 countries reporting production to the World Steel Association produced a total of 151.7 million tons in August, according […]
Excess Capacity Front and Center at Paris Global Steel Forum
Overcapacity was the word of the day at the Global Forum on Steel Excess Capacity last week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The forum, which took place Sept. 20 in Paris, brought together the world’s biggest steel-producing nations. “The global challenge of overcapacity has strained trade relations […]
Britain’s Brexit Boat Hits the Rocks
Well, that didn’t go very well, did it? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After a couple of weeks scurrying around European capitals and intense lobbying directly to E.U. leaders, Britain’s Prime Minster Theresa May received short shrift at an E.U. conference in Salzburg, Austria last week. May […]
Aston Martin or Lotus — What’s Bond Going to Drive Next?
I know, it’s not really a metals topic — my editor will no doubt berate me for wandering off the reservation — but it has to be said the current speculation about which car Bond will drive in the next movie has got to be of the topic of the month, hasn’t it? Need buying […]
Moody’s Paints Bullish Picture of Indian Steel Sector
Moody’s Investors Service has said India will be the brightest spot for the steel sector over the next 12-18 months, according to a report by the Hindu Business Line. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Moody’s pointed out that India’s steel consumption was rising at least 5.5%-6% every […]
Alumina is the Elephant in the Room When it Comes to the Aluminum Price
Some commentators were calling the imminent collapse of the aluminum price last month — certainly, it tested the bottom of its recent range, at just below $2,000 per metric ton on the LME. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook But the price has since rallied and is currently range bound between […]
