This morning in metals news, U.S. Steel announced it would idle some of its facilities, China has lowered its tariff rates on countries other than the U.S. and General Motors recently announced a $150 million investment in its Flint Assembly plant. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. […]
Tag: U.S. Steel
This Morning in Metals: U.S. Steel to Invest More Than $1B at Pennsylvania Plants
This morning in metals news, U.S. Steel announced Thursday it plans to invest more than $1 billion at its Mon Valley Works facilities, Australian iron ore exports bounced back in April after being impacted by tropical cyclones in March and the zinc price fell to its lowest level in 2 1/2 months. Need buying strategies […]
This Morning in Metals: Trump Threatens to Close Southern Border
This morning in metals news, President Donald Trump threatened to close the southern border with Mexico, U.S. Steel was fined over $700,000 for air pollution violations and the LME copper price fell Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Threatens to Close Mexico Border President Trump intensified […]
This Morning in Metals: China Imports Less Copper in February
This morning in metals news, China’s copper imports fell in February, U.S. Steel won an award sponsored by the Department of Energy and General Motors rolled out its last Chevy Cruze this week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Imports, Aluminum Exports Down in China China’s February […]
This Morning in Metals: U.S. Steel to Restart EAF Construction
This morning in metals news, U.S. Steel announced the restart of construction on an electric arc furnace (EAF) facility, a new £35 million research network aims to make the U.K.’s steel sector carbon-neutral and the latest on the Thyssenkrupp-Tata joint venture. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook An EAF […]
This Morning in Metals: Copper Hits Seven-Week High
This morning in metals news, copper gains momentum, Japan’s steel federation thinks domestic output will grow this year and U.S. Steel will have to pay at least $40 million to repair one of its facilities after a fire. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Reaches Seven-Week […]
Earnings Roundup: U.S. Steel, Nucor and Tesla
U.S. Steel, Nucor Corporation and Tesla all reported financial results on Wednesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Let’s take a quick look at the earnings pictures for each. U.S. Steel U.S. Steel reported full-year net earnings of $1,115 million for 2018, up from $387 million in 2017. […]
This Morning in Metals: China’s Steel Output Soars in October
This morning in metals news, China’s October steel output hit a record high, workers and management at U.S. Steel have reached an agreement on a four-year labor deal and the Aluminum Association in a letter criticized the Department of Commerce’s tariff exclusion process. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
This Morning in Metals: U.S. Eyeing Steel Quotas for Mexico
This morning in metals news, the U.S. is reportedly looking to impose steel quotas on Mexico, the World Steel Association boosts its forecast for global steel demand and U.S. Steel reaches a tentative agreement with United Steelworkers to avoid a potential strike. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
This Morning in Metals: U.S. Steel Pulls Back on Some Proposals in Contract Talks
This morning in metals news, U.S. Steel contract talks continue with its workers, aluminum prices continued to rise today after a big surge yesterday and U.S. steel import permit applications dropped significantly in September. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Pulls Back From Some Proposals in […]
