According to the U.S. Federal Reserve’s latest report on industrial production, industrial production in December dipped 0.3%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Industrial capacity utilization dipped by 0.4 percentage point to 77.0%, which is down from the long-run average — from 1972-2018 — […]
Tag: Stainless Steel
After lengthy House approval process, Senate swiftly approves USMCA
The successor to the 1994 North American Free Trade Agreement, dubbed the United States-Mexico-Canada Agreement (USMCA), has now made its way through both chambers of the U.S. Congress. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In December, the White House and House Democrats reached a […]
With first phase in the books, U.S.-China trade talks shift to next stage
The escalation in U.S.-China trade relations appeared to take a brief pause Wednesday when U.S. President Donald Trump and Chinese Vice Premier Liu He signed what has been billed as a “Phase One” trade agreement between the world’s two largest economies. “Today we take a momentous step, one that has never been taken before with […]
This Morning in Metals: Trump backs off from steel, aluminum tariffs on Brazil
This morning in metals news, President Donald Trump won’t go through with a previous tariff threat on Brazilian steel and aluminum, Chinese stainless steel production growth is forecast to drop in 2020, and a power outage impact Norsk Hydro operations last week. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
This Morning in Metals: Tesla unveils new stainless steel ‘Cybertruck’
This morning in metals news, automaker Tesla this week showed its new Cybertruck, Chinese President Xi Jinping said he wants to reach an initial trade deal with the U.S. and the CEO of Ace Hardware said the Trump administration’s tariffs are “manageable.” Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
This Morning in Metals: China’s Jingye Set to Buy British Steel
This morning in metals news, a Chinese firm is poised to take over the insolvent British Steel, Chinese iron ore futures were down Monday and speakers at a recent convention in Budapest weighed in on the stainless steel market. Jingye to Buy British Steel After talks with Turkey’s Ataer Holding fell apart, Chinese firm Jingye […]
This Morning in Metals: DOC Rules in Anti-Dumping, CVD Investigation of Stainless Steel Kegs
This morning in metals news, the U.S. Department of Commerce announced rulings in investigations of stainless steel kegs from China and Germany, copper prices rose on labor tensions in Chile, and the UAW’s strike continues as it mulls ratification of a tentative deal with General Motors reached last week. Keep up to date on everything […]
Stainless MMI: Index Jumps 16 Points on Nickel Price Surge
The Stainless Monthly Metals Index (MMI) followed last month’s six-point increase with a 16-point jump this month. Once again, the index surge came as a result of strong nickel price gains, even though a slim majority of global prices in the index declined (albeit mildly compared to nickel price increases). Need buying strategies for steel? […]
This Morning in Metals: World Gold Council Launches Responsible Mining Principles
This morning in metals news, the World Gold Council unveiled a set of principles geared toward promotion of responsible mining, Apple’s newest iPhone includes stainless steel and an Indian steel tycoon is critical of the pace of the country’s insolvency proceedings. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook World […]
Stainless MMI: Index Jumps Six Points on Nickel Price Surge
The Stainless Steel Monthly Metals Index (MMI) jumped six points for an August reading 75 on the back of strong nickel price gains. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Within the Stainless MMI basket, LME nickel prices increased the most once again this month, recording a 13% increase. […]
