This morning in metals news: the Consumer Price Index for All Urban Consumers Rose by 0.9% in October; meanwhile, U.S. steel shipments rose by 21.3% year over year in September; and, lastly, the natural gas spot price at Henry Hub averaged $5.51 per million British thermal units (MMBtu) in October. MetalMiner has launched a full […]
Tag: steel shipments
MSCI: US metals shipments down year over year but up from spring 2020 lows
Like other economic indicators, metals shipments in the US and Canada have come a long way since the bottoming out that occurred last spring (prompted by the onset of the coronavirus pandemic). According to the Metals Service Center Institute (MSCI), shipments have recovered both in the US and Canada. However, shipments in January still came […]
This Morning in Metals: December steel shipments jump 4.4%
This morning in metals news: December steel shipments rose by 4.4%; meanwhile, miner BHP announced plans to work with Japanese steelmaker JFE to study how to reduce greenhouse gas emissions from the steelmaking process; and, lastly, the copper price has bounced back after a January lull. Steel shipments rise in December US steel shipments rose […]
This Morning in Metals: U.S. import prices up 0.9% in December
This morning in metals news: U.S. import prices rose in December; the Aluminum Association commented on potential changes to the Section 232 aluminum tariff program; and November steel shipments dropped by 11.9%. U.S. import prices gain by 0.9% in December U.S. import prices jumped by 0.9% in December, per the Bureau of Labor Statistics. Furthermore, […]
This Morning in Metals: August 2020 steel shipments fall 22.9%
This morning in metals news: August 2020 steel shipments by U.S. steel mills fell 22.9% year over year; Norsk Hydro announced the termination of a memorandum of understanding; and, finally, the copper price made mid-week gains. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the […]
This Morning in Metals: U.S.’s July 2020 steel shipments down 25.6%
This morning in metals news: July steel shipments fell by 25.6%; Nucor announced its 190th consecutive quarterly dividend; and the Energy Information Administration released its September Short-Term Energy Outlook. We’re offering timely emails with exclusive analyst commentary and best practice advice – and you choose how often you receive it. Sign up today. July 2020 […]
This Morning in Metals: U.S. steel shipments down 32.9% in May
This morning in metals news: U.S. steel shipments fell 32.9% in May; a Chilean lab is using copper in the fight against COVID-19; and some stores are feeling the effect of an aluminum can shortage.
This Morning in Metals: U.S. steel shipments drop 6.3% in March
This morning in metals news, U.S. steel shipments fell in March, Chinese stainless steel futures surged to a nine-month high and BHP made its first yuan-denominated sale of iron ore to China’s Baosteel.
This Morning in Metals: DOJ wins arbitration related to Novelis-Aleris merger dispute
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.
This Morning in Metals: Manufacturing employment falls; unemployment steady at 3.5%
This morning in metals news, the U.S. Bureau of Labor Statistics released monthly jobs data Friday, Liberty Steel Group announced it is the preferred buyer for Bayou Steel Group and U.S. November steel shipments dropped 3.1%. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Unemployment rate […]
