This morning in metals news, President Donald Trump announced the U.S. and Canada have mutually agreed to close their shared border to non-essential traffic, Indian steel stocks have gotten a boost this week and Chinese iron ore futures made gains. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
Tag: Steel
Moody’s: Metals and mining sectors among those with ‘moderate’ exposure to coronavirus fallout
As government entities in the U.S. battle to curb the spread of the coronavirus (COVID-19), incrementally stricter provisions on public gatherings have been implemented. Large businesses, from casinos on the Las Vegas strip to Disney World, have closed up shop. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner […]
This Morning in Metals: U.S. steel production up 0.4% through March 14
This morning in metals news, U.S. raw steel production is up through the first 2 1/2 months of the year, Anglo American will temporarily slow work on its Quellaveco copper project in Peru and China’s copper inventories are up to a four-year high. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]
Week in Review: COVID-19 impacts; Trump’s travel suspension; cobalt mine production
Before we head into the weekend, let’s take a look back at the week that was and some of the coverage here on MetalMiner, including: Tesla’s reported interest in cobalt-free batteries; the oil price crash; falling aluminum prices; supply-chain challenges amid the COVID-19 outbreak; Trump’s travel suspension; and global cobalt mine production: Looking for metal […]
Indian steel sector could step in as alternate supply chain link as world grapples with coronavirus
Experts in India are of the opinion that the outbreak of the novel coronavirus, COVID-19, presents an opportunity for India to become an alternate supply chain to China in metals, especially steel. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! TV Narendran, Tata Steel’s chief executive […]
This Morning in Metals: U.S. steel imports plunge in February
This morning in metals news, the U.S.’s steel import levels were down by nearly half in February, Norsk Hydro’s Albras aluminum plant in Brazil recently experienced a power failure and General Motors recently revealed new developments in its overall electric vehicle (EV) strategy. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]
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: Aluminum Association files antidumping, countervailing duty petitions
This morning in metals news, the Aluminum Association filed antidumping and countervailing duty petitions alleging imports of aluminum sheet from 18 countries are harming the U.S. industry, the British Steel takeover is set to be completed today, and the issue of steel and aluminum tariffs on Brazil remains up in the air. Looking for metal […]
Week in Review: Oil falls; steel production rises; Jingye nears British Steel takeover
Before we head into the weekend, let’s take a look back at the week that was with some of the metals coverage here on MetalMiner, including: oil prices, global steel production, Chinese steel stocks, U.S. automotive sales and more. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights […]
This Morning in Metals: Steel import permit applications drop 47.5% in February
This morning in metals news, steel import permit applications plunged in February, buyers are lining up to buy British Steel’s plant in France and Vietnam is ramping up purchases of U.S. agricultural goods in the hopes of avoiding tariffs. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights […]