This morning in metals news, arbitration fell in favor of the Department of Justice vis-a-vis the proposed merger of Novelis and Aleris, January steel shipments rose 5.6%, and copper made gains off of multiyear lows. – Get metal buying strategies and price alerts for 10 industrial metals. Request an Outlook trial.
Tag: Novelis
This Morning in Metals: Novelis reports net income up 37% in Q3 FY20
This morning in metals news, Novelis Inc. reported its quarterly financial results, steel trade in China slows amid coronavirus fears and India’s carbon emissions are projected to soar over the next 30 years. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.
This Morning in Metals: U.S. trade deficit shrank by 1.7% in 2019
This morning in metals news, the U.S. trade deficit fell for the first time in six years last year, ArcelorMittal released its Q4 and full-year 2019 financials, and two Novelis plants in Europe gained ASI certifications. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.
This Morning in Metals: House approves USMCA trade deal
This morning in metals news, the U.S. House of Representative approved the United States-Mexico-Canada Agreement (USMCA) with bipartisan support, Katanga Mining is acquiring land rights from Gecamines and China’s antitrust authority granted approval to Novelis for its proposed acquisition of Aleris. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about […]
This Morning in Metals: Rio Tinto Hails ‘Significant Milestone’ at Oyu Tolgoi
This morning in metals news, miner Rio Tinto has advanced work on its Oyu Tolgoi copper and gold mine project, the U.S. is reportedly considering rolling back some tariffs against China, and Novelis announced its quarterly financial results. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
This Morning in Metals: U.S. DOC Makes Affirmative Rulings in Fabricated Structural Steel Case
This morning in metals news, the U.S. Department of Commerce issued affirmative determinations in its anti-dumping investigation of fabricated structural steel imports, Turkey’s largest industrial group will halt steel production and a U.S. Department of Justice lawsuit poses a roadblock for Novelis‘ bid to buy Aleris. Need buying strategies for steel? Request your two-month free […]
This Morning in Metals: U.S. Steel Import Market Share in February Hits 20%
This morning in metals news, U.S. imports of steel dropped in February after an import-heavy January, Alcoa released its first-quarter financial results and flat-rolled aluminum producer Novelis is looking to secure exemptions on its pending requests related to tariffs covering Canadian aluminum. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
This Morning in Metals: Shanghai Copper Prices Flatten After Earlier Declines
This morning in metals news, Chinese copper prices held flat Wednesday after drops earlier in the week, Novelis says it sees limited impact from the U.S.’s Section 232 tariff on aluminum and miner Rio Tinto is looking to take its Iron Ore Company of Canada public in early 2019. Need buying strategies for steel? Request […]
This Morning in Metals: Novelis Invests $175M in Brazil Operations
This morning in metals news, Novelis Inc. announced a $175 million investment in its aluminum recycling and production capabilities in aluminum, Chinese steel prices fell, and U.S. CRC and HDG prices dropped to start the week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Novelis Announces $175M Investment Aluminum roller and […]
This Morning in Metals: Chinese Steelmaking Hub Orders Production Cuts Over Next Week
This morning in metals news, the Chinese city of Tangshan has called for called for a 50% cut in production over the next week, AK Steel won a $1.2 million award from the Department of Energy and Novelis broke ground on a new automotive aluminum facility in China. Need buying strategies for steel? Request your […]