After 10 months of many false starts and tens of millions of pounds of taxpayers’ money pumped into the company to keep it going, the purchase of British Steel’s U.K. assets at least appears on the verge of completion next week. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying […]
Tag: Steel
This Morning in Metals: U.S. steel capacity utilization rate hits 81.8%
This morning in metals news, the U.S steel sector posted a capacity utilization rate of 81.8% through the first two months of the year, a major copper conference has been canceled amid coronavirus concerns and a British Steel takeover deal has finally been reached. Looking for metal price forecasting and data analysis in one easy-to-use […]
China’s steel industry under growing pressure from record inventories
As if the social cost of the coronavirus Covid-19 were not bad enough, some sectors of China’s industrial economy are suffering growing pain despite a supposed return to work last week. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. The property sector, which […]
World Steel Association: Global steel production rises 2.1% in January
As the impact of the coronavirus outbreak began to be felt in latter half of January and into February, the total scope of the health crisis and its ramifications for economies around the world remains to be seen. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request […]
This Morning in Metals: Federal appeals court upholds Section 232 constitutionality
This morning in metals news, the U.S. Court of Appeals for the Federal Circuit ruled to uphold the constitutionality of the Section 232 statute, President Donald Trump has decided not to impose tariffs on imported titanium sponge and U.S. Steel closed on the purchase of POSCO-California Corporation’s 50% interest in USS-Posco Industries. All the metals […]
Environmental disaster meets intractable economics at Italy’s Ilva steelworks
As an example of how often there are no easy answers to the most intractable problems, Italy’s Ilva steel plant, as it was known, is an example of many problems and many solutions — none of them without consequences. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a […]
Week in Review: MMI week; palladium prices; U.K. automotive sector after Brexit
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: U.S. steel prices, 2019 metals sector M&A activity, palladium prices, the copper market amid the coronavirus outbreak, the British automotive sector and more. Looking for metal price forecasting and […]
This Morning in Metals: U.S. Steel layoffs; Braidy needs $500M; Aluminum Association announces new leader
This morning in metals news, U.S. Steel recently underwent another round of layoffs, Braidy Industries‘ new CEO said the company still needs $500 million for its Kentucky aluminum mill, and the Aluminum Association announced its new president and CEO. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request […]
This Morning in Metals: Germany’s Thyssenkrupp cites ‘difficult economic environment’ in latest earnings report
This morning in metals news, Thyssenkrupp’s earnings fell last quarter, the U.S. Department of Commerce announced affirmative preliminary circumvention rulings regarding imports of corrosion-resistant steel products and Brazil’s Vale has been overtaken as the world’s No. 1 iron ore producer. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. […]
This Morning in Metals: U.S. weekly raw steel production hits 1.90M tons
This morning in metals news, the U.S. steel sector churned out 1.90 million tons of steel during the week ending Feb. 8, a U.S. Steel electric arc furnace is near completion and miner Rio Tinto says the coronavirus in China has impacted copper ore flows. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s […]