Federal Reserve: September 2020 industrial production slides 0.6%

The Federal Reserve reported September 2020 industrial production slipped 0.6% in September. While not a precipitous drop, the September drop broke a streak of four straight months of gains. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. September 2020 industrial production still below pre-pandemic levels According to the Fed,…

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The Federal Reserve reported September 2020 industrial production slipped 0.6% in September. While not a precipitous drop, the September drop broke a streak of four straight months of gains. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. September 2020 industrial production still below pre-pandemic levels According to the Fed,...

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This Morning in Metals: LME copper up, SHFE copper drops

This morning in metals news: LME copper gained Monday while SHFE copper retraced; the Pilbara Ports Authority recently released September shipping figures; and top copper producer Chile marks the one-year anniversary of widespread protests. The MetalMi…

This morning in metals news: LME copper gained Monday while SHFE copper retraced; the Pilbara Ports Authority recently released September shipping figures; and top copper producer Chile marks the one-year anniversary of widespread protests. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors...

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This Morning in Metals: Ford’s China sales rise by greatest amount since 2016

This morning in metals news: Ford’s China sales posted their largest year-over-year increase in Q3 since 2016; overall automotive sales in China gained 12.8% year over year; and Liberty Steel Group announced it has made an offer to acquire German firm Thyssenkrupp’s steel business. Does your company have an aluminum buying strategy based on current…

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This morning in metals news: Ford’s China sales posted their largest year-over-year increase in Q3 since 2016; overall automotive sales in China gained 12.8% year over year; and Liberty Steel Group announced it has made an offer to acquire German firm Thyssenkrupp’s steel business. Does your company have an aluminum buying strategy based on current...

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Week in Review: Nickel market; China’s economic recovery; October MMI report

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: the nickel market; aluminum prices on the SHFE and LME; China’s metals rebound; and much more. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week…

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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: the nickel market; aluminum prices on the SHFE and LME; China’s metals rebound; and much more. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week...

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This Morning in Metals: October 2020 MMI report is out

This morning in metals news: the October Monthly Metals Index (MMI) report is out; the E.U. is reportedly considering imposing carbon border fees; and Alcoa released its third-quarter financial earnings. The MetalMiner 2021 Annual Outlook consolidates …

This morning in metals news: the October Monthly Metals Index (MMI) report is out; the E.U. is reportedly considering imposing carbon border fees; and Alcoa released its third-quarter financial earnings. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a...

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This Morning in Metals: August 2020 steel shipments fall 22.9%

This morning in metals news: August 2020 steel shipments by U.S. steel mills fell 22.9% year over year; Norsk Hydro announced the termination of a memorandum of understanding; and, finally, the copper price made mid-week gains. The MetalMiner 2021 Annu…

This morning in metals news: August 2020 steel shipments by U.S. steel mills fell 22.9% year over year; Norsk Hydro announced the termination of a memorandum of understanding; and, finally, the copper price made mid-week gains. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the...

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This Morning in Metals: U.S. steel capacity utilization rate rises to 67.9%

This morning in metals news: the U.S. steel sector’s capacity utilization rate for the week ending Oct. 10 reached 67.9%; copper prices dropped Tuesday; and global liquid fuel outages increased in 2020, according to the Energy Information Administration. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding…

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This morning in metals news: the U.S. steel sector’s capacity utilization rate for the week ending Oct. 10 reached 67.9%; copper prices dropped Tuesday; and global liquid fuel outages increased in 2020, according to the Energy Information Administration. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding...

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Week in Review: Auto sales; potential Section 232 aluminum exemptions; oil struggles

Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: U.S. auto sales; potential Section 232 aluminum exemptions for the U.A.E. and Bahrain; oil majors’ struggles; and more. The MetalMiner 2021 Annual Outlook consolidates our 12-month view…

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Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: U.S. auto sales; potential Section 232 aluminum exemptions for the U.A.E. and Bahrain; oil majors’ struggles; and more. The MetalMiner 2021 Annual Outlook consolidates our 12-month view...

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This Morning in Metals: U.S. steel prices continue upward movement

This morning in metals news: U.S. steel prices have made significant gains in recent weeks; exports of liquefied natural gas (LNG) from two key Louisiana export terminals have resumed after Hurricane Laura; the coronavirus pandemic has impacted tin pro…

This morning in metals news: U.S. steel prices have made significant gains in recent weeks; exports of liquefied natural gas (LNG) from two key Louisiana export terminals have resumed after Hurricane Laura; the coronavirus pandemic has impacted tin production in Bolivia. Do you use cost breakdowns in your steel negotiations? See other tips in negotiating...

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This Morning in Metals: Moody’s steel outlook upgraded to stable

This morning in metals news: investor service Moody’s upgraded its global steel sector outlook from negative to stable; the E.U. slapped duties on stainless steel from China, Indonesia and Taiwan; and the American Iron and Steel Institute reported September import market share in the U.S. reached 16%. Are you under pressure to generate steel cost…

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This morning in metals news: investor service Moody’s upgraded its global steel sector outlook from negative to stable; the E.U. slapped duties on stainless steel from China, Indonesia and Taiwan; and the American Iron and Steel Institute reported September import market share in the U.S. reached 16%. Are you under pressure to generate steel cost...

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