This morning in metals news, the Trump administration and House Democrats have reached a deal on the revised United States-Mexico-Canada Agreement (USMCA), the U.S. steel industry saw its capacity utilization inch further downward in the year to date, and U.S. steel shipments jumped 1.9% in October. Looking for metal price forecasting and data analysis in […]
Tag: steel shipments
This Morning in Metals: Powell Says Trade Tensions, Global Economy Weigh on U.S. Economic Outlook
This morning in metals news, Federal Reserve Chairman Jerome Powell hinted interest rate cuts could be coming later this month during testimony before the House of Representatives, Southern Copper Corp received authorization from the Peruvian government to build a $1.4 billion mine and U.S. steel shipments in May fell 0.8% from the previous month. Need […]
This Morning in Metals: ArcelorMittal CEO Wants E.U. to do More to Combat U.S. Tariffs
This morning in metals news, ArcelorMittal’s CEO urged the E.U. to do more to combat the effects of the U.S.’s Section 232 steel tariff, April steel shipments fell 1.4% and China’s Ministry of Commerce said the U.S. is not being taken advantage of on trade. Need buying strategies for steel? Request your two-month free trial […]
This Morning in Metals: U.S. Steel Mills Hit 80.6% Capacity Utilization Rate
This morning in metals news, U.S. steel mills produced at a capacity utilization rate of 80.6% for the year through Feb. 9, U.S. steel mill shipments rose 4.8% in 2018 on a year-over-year basis and a Peruvian plant used to produce copper will be partially suspended for the next 3-5 days. Need buying strategies for […]
This Morning in Metals: U.S. Steel Shipments Rise 5.8%
This morning in metals news, July shipments by U.S. steel mills were up compared to last year, U.S. raw steel production for the week ending Sept. 8 was up 9.8% compared with the same week last year and the Aluminum Association asked the Trump administration to provide quota-free tariff exemptions for Canada and Mexico. Need […]
This Morning in Metals: U.S. Steel Shipments Rise 3.2% Year Over Year
This morning in metals news, U.S. steel mills saw their shipments rise in June, Shanghai rebar steel prices hit a nearly seven-year high and copper recovers on optimism regarding U.S.-China trade talks. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Steel Shipments Surge Shipments from U.S. steel mills rose 3.2% year […]
