This morning in metals news, U.S. Steel has offered Stelco a 25% stake in its Minntac operation, LME copper fell to a two-week low and China’s industrial profits plunged 36.7% in the first quarter. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Tag: LME copper
This Morning in Metals: USTR to Consider Extension of Tariff Exclusions on $34B of Chinese Goods
This morning in metals news, the United States Trade Representative will soon consider whether to extend tariff exclusions granted last year for imports of certain products from China, the GFG Alliance is aiming to consolidate its steel operations and make the new consolidated entity carbon-neutral by 2030, and LME copper prices continue to make gains […]
This Morning in Metals: U.S. Steel Imports Down 13.6% This Year
This morning in metals news, U.S. imports of steel through the first eight months of the year are down 13.6%, Rio Tinto signed a memorandum of understanding (MOU) with China’s largest steel producer and LME copper prices fell Thursday. Keep up to date on everything going on in the world of trade and tariffs via […]
This Morning in Metals: Federal Reserve Expected to Make Interest Rate Cut
This morning in metals news, the Federal Reserve is expected today to cut interest rates once again, the LME copper price dropped ahead of the Fed’s decision and Steel Authority of India Ltd. (SAIL) shares rose Tuesday. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Federal […]
This Morning in Metals: Trump Threatens to Close Southern Border
This morning in metals news, President Donald Trump threatened to close the southern border with Mexico, U.S. Steel was fined over $700,000 for air pollution violations and the LME copper price fell Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Threatens to Close Mexico Border President Trump intensified […]
This Morning in Metals: Mnuchin Calls Latest Round of China Trade Talks ‘Constructive’
This morning in metals news, U.S. Treasury Secretary Steven Mnuchin tweeted Friday that this week’s round of trade talks with China were “constructive,” LME copper is on its way for its first quarterly gain since the end of 2017 and China’s imports of copper are forecast to dip this year. Need buying strategies for steel? […]
This Morning in Metals: Copper Price Falls Ahead of New U.S.-China Trade Talks
This morning in metals news, the copper price fell Tuesday, U.S. steel mills have produced at a capacity rate of 80.7% through Feb. 16 and a $1.8 billion steel mill could be coming to Texas. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Falls With renewed U.S.-China trade talks […]
This Morning in Metals: Copper Hits Seven-Week High
This morning in metals news, copper gains momentum, Japan’s steel federation thinks domestic output will grow this year and U.S. Steel will have to pay at least $40 million to repair one of its facilities after a fire. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Reaches Seven-Week […]
Copper MMI Drops as Chilean Production Reaches Historic High
In January, the Copper Monthly Metals Index (MMI) dropped 3.9%, falling back 3 points to the November 2018 level of 74. Lower LME copper prices drove the index lower. Need buying strategies for copper? Request your two-month free trial of MetalMiner’s Outlook Similar to other base metals, LME copper prices fell in December. LME copper prices […]
This Morning in Metals: Senators Request Review of Tariff Waiver Process
This morning in metals news, U.S. senators are asking for an independent review of the Trump administration’s Section 232 tariff waiver process, LME copper is down for the third straight day and Chinese steel mills are preparing for difficult times ahead. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Another […]