This morning in metals news: Rio Tinto announced it is working with Komatsu to develop zero-emission mining haulage solutions; meanwhile, Norsk Hydro announced new investments in North America; and, lastly, U.S. steel prices continue to rise, although the pace of gains has slowed somewhat. You want more MetalMiner on your terms. Sign up for weekly […]
Tag: steel prices
This Morning in Metals: MetalMiner webinar to cover allocation markets, signs buyers should monitor
This morning in metals news: an upcoming MetalMiner webinar will cover the signs metals buyers should look out for when assessing when allocation markets might be coming to an end; meanwhile, Ford Motor Co. took home a prize for advanced high-strength steel innovations; and, lastly, steel prices continue to rise. The MetalMiner Best Practice Library […]
This Morning in Metals: U.S. steel prices rise
This morning in metals news: steel prices have been making gains; the WTI crude price moved up; and Vale plans to increase its iron ore output. Upcoming negotiation on your steel buy? Make sure you know how your service centers will negotiate with you. Steel prices rise U.S. steel prices are on the rise, but […]
This Morning in Metals: Section 232 auto tariff deadline passes — with no decision
This morning in metals news, trade experts cited by Reuters say the U.S. might have to find another route to impose tariffs on imported automobiles, Japan’s crude steel output dropped in October and U.S. steel prices have started to show some signs of upward momentum. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: Trump Says U.S., China to Restart Trade Talks
This morning in metals news, the U.S. and China will resume trade talks, Tokyo Steel announced its first steel price cuts in nearly three years and Rio Tinto recently celebrated the launch of its automated heavy-haul rail network. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trade Talks After last […]
This Morning in Metals: Copper Prices Steady to Start the Week
This morning in metals news, copper prices were up slightly Monday, Tokyo Steel held prices steady for the fourth straight month and Rio Tinto responds to criticism about carbon emissions stemming from its customers’ operations. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices LME copper traded up 0.4% […]
Morning in Metals and Week in Review: Cars, Cuba and Brexit, Oh My!
This morning in metals, here are a couple news items that piqued our interest: China giving the U.S. a break in trade “war” by lifting the tariff on cars… According to a story originally reported by Bloomberg today, China will lift the 25% retaliatory duty on cars for three months (thanks, China!) in an effort to […]
Raw Steels MMI: Domestic Steel Price Momentum Slows
The Raw Steels Monthly Metals Index (MMI) traded sideways this month, driven by slower domestic steel price momentum. The current Raw Steels MMI fell to May 2018 levels. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Domestic steel prices have started to fall slightly. Prices traded lower in August, showing […]
