Steel

buhanovskiy/AdobeStock

Global crude steel production in April fell 13% compared to April 2019 production, the World Steel Association recently reported.

Read more

Oleksiy Mark/Adobe Stock

This morning in metals news, U.S. imports of steel were down 20% through the first four months of the year, a primary aluminum production plant in Brazil part-owned by Norsk Hydro is restarting after an earlier power outage and China is importing U.S. copper concentrate after Chinese companies won tariff relief.

Read more

buhanovskiy/AdobeStock

This morning in metals news, U.S. steel production levels were down significantly last week, the Census Bureau released April steel import totals and copper prices dipped Wednesday.

Read more

gui yong nian/Adobe Stock

This morning in metals news, the U.S. steel sector’s capacity utilization rate for the week ending May 16 hit 52.7%, U.S. Steel announced an iron ore sales agreement and the United States International Trade Commission (USITC) is holding a five-year sunset review of duties on oil country tubular goods from several countries.

Read more

photonewman/Adobe Stock

Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including coverage of: copper prices, the automotive sector’s push to restart production, oil prices and more.

Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!

Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.

Andrey Kuzmin/Adobe Stack

This morning in metals news, the E.U. could slap new duties on steel imported from Turkey, Australian energy exports to China have surged and union representatives questioned Alcoa’s efforts to keep its Ferndale, Washington smelter running.

Read more

The Raw Steels Monthly Metals Index (MMI) held flat this month.

Read more

gui yong nian/Adobe Stock

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.

Read more

Steelmaker ArcelorMittal late last week released its Q1 2020 financial results, reporting a net loss of $1.1 billion amid challenges stemming from the COVID-19 crisis.

Read more

ungvar/Adobe Stock

The Construction Monthly Metals Index (MMI) held flat this month.

Read more