India’s trade tiff with the United States has all the hallmarks of a potential political battle — for India, at least. With general elections not too far away, it looks like Narendra Modi’s government does not want to really stir the pot, lest there is some fallout in the domestic political scene. Need buying strategies […]
Tag: L9
Stainless MMI: LME Nickel, Stainless Surcharges Drop
The Stainless Steel Monthly Metals Index (MMI) fell again this month. The slide of four points moved the index to 78 from the previous 82 reading. The index fell back to May 2018 levels. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The index dropped due to a slight fall in […]
Rare Earths MMI: Rare Earths Appear on Trump Administration’s Proposed $200B Tariff List
The Rare Earths Monthly Metals Index (MMI) fell one point for an August reading of 18. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Rare Earths and Trade Tensions Much has been said about the rise of trade tensions around the world, particularly between the U.S. and China. Those tensions began to manifest […]
Copper MMI: All Eyes on Labor Negotiations at BHP’s Escondida Mine
In August, the Copper Monthly Metals Index (MMI) fell by four points. The Copper MMI has continued to slide, mainly driven by weaker LME copper prices in July. The current Copper MMI stands at 77 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The recent slide in copper prices has […]
The Threat of a Trade War to the Global Economy
Many had hoped the announcement last month of 10% tariffs on China would be the signal for serious negotiations between the two trading partners, that China may come to the table and be willing to discuss some of the U.S.’s genuine concerns about theft of intellectual property and reciprocal access rights to each other’s markets. […]
State-Owned Miner Takes up Gold Mining in India
Mining for gold is an expertise of which not too many Indian miners can boast. In fact, it makes up a minuscule portion of overall annual mining activities in the country. With neighboring China on the prowl for gold mining projects internationally, some recent news has brought some cheer to the gold sector in India. […]
Glencore Releases Half-Year Production Report
Multinational miner Glencore plc released its half-year production figures Wednesday, showing a ramp-up in copper and cobalt production. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Glencore posted own source production of 696,200 tons of copper in H1, up 8% from H1 2017. Copper production from Glencore’s African operations (Katanga, Mutanda and Mopani) hit […]
Global Crude Steel Production Rises 5.8% Year-Over-Year in June
World crude steel production in June jumped 5.8% compared with June 2017, according to a recent World Steel Association report. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Production among the 64 countries reporting to the association amounted to 151.4 million tons (MT) in June. For the first six months of […]
PwC Report: Metals Sector M&A Activity Cools as Trade Tensions Heat Up
According to a recent PwC report, mergers and acquisitions (M&A) activity in the metals sector slowed in Q2 2018, in tandem with an escalation in global trade tensions. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “Deal activity, particularly crossborder, may remain stagnant until the angst caused by the global trade […]
U.S. Consultations Fizzle With India, Others Over Metals Tariffs
Ultimately, it went along expected lines. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook India and a handful of other nations held trade dispute settlement consultations with the United States over its steel and aluminum tariffs in Geneva, but got absolutely no concession from the latter, according to reports coming out […]
