Aluminum deficit may swing to surplus later this year

However you slice and dice the statistics — and there are numerous ways stats can be sliced and diced — the global aluminum market is tight. Whether we look at primary ingot, extrusion billet or rolling slab intermediates, or semi-finished sheets/plates, tubes and extrusions mill lead times are long and conversion premiums are high. Meanwhile,…

The post Aluminum deficit may swing to surplus later this year appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

However you slice and dice the statistics — and there are numerous ways stats can be sliced and diced — the global aluminum market is tight. Whether we look at primary ingot, extrusion billet or rolling slab intermediates, or semi-finished sheets/plates, tubes and extrusions mill lead times are long and conversion premiums are high. Meanwhile,...

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Commodity prices off on stronger dollar

It won’t have been missed by anyone in the metals markets, but commodity prices have drifted off this past week. The reason is a resurgent dollar. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Commodity prices down on stronger…

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It won’t have been missed by anyone in the metals markets, but commodity prices have drifted off this past week. The reason is a resurgent dollar. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Commodity prices down on stronger...

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China suggests it could release state reserves of base metals

It would seem Beijing only has to speak and the market reacts — this time, it’s about base metals. Worried by what it sees as excessive inflation in commodity prices, which it fears will lead through into factory gate increases, China warned speculators last month over “excessive speculation.” The warning from China’s National Food and…

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It would seem Beijing only has to speak and the market reacts — this time, it’s about base metals. Worried by what it sees as excessive inflation in commodity prices, which it fears will lead through into factory gate increases, China warned speculators last month over “excessive speculation.” The warning from China’s National Food and...

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Boeing-Airbus dispute achieves removal of tariff threats, if not actual resolution

The Financial Times is among many news sources reporting on the announcement made this week in Brussels that the E.U. and U.S. will end 17 years of litigation over claims and counterclaims that both Boeing and Airbus have received unfair state support …

The Financial Times is among many news sources reporting on the announcement made this week in Brussels that the E.U. and U.S. will end 17 years of litigation over claims and counterclaims that both Boeing and Airbus have received unfair state support in one form or another. Both sides have won cases at the World...

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We haven’t seen the end of this oil price rise

The perennially bullish Goldman Sachs is not alone in predicting a higher oil price. A recent report by the Boston Consulting Group asks the question, “are we on the cusp of a new supercycle?” In BCG’s opinion? We are. You want more MetalMiner on your terms. Sign up for weekly email updates here. Bullish on…

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The perennially bullish Goldman Sachs is not alone in predicting a higher oil price. A recent report by the Boston Consulting Group asks the question, “are we on the cusp of a new supercycle?” In BCG’s opinion? We are. You want more MetalMiner on your terms. Sign up for weekly email updates here. Bullish on...

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Is Brexit Britain for free trade or protectionism?

To protect or not to protect, that is the question for Brexit Britain. Britain was taken into its rupture from Europe on the Global Britain ticket, with the promise of liberating new trade deals once it was unfettered by Europe’s stifling protectionist culture. That’s not a bad mandate for change. However, it would seem that…

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To protect or not to protect, that is the question for Brexit Britain. Britain was taken into its rupture from Europe on the Global Britain ticket, with the promise of liberating new trade deals once it was unfettered by Europe’s stifling protectionist culture. That’s not a bad mandate for change. However, it would seem that...

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As China targets 2030 for peak coal use, aluminum output could also peak

China’s steel and aluminum market is undergoing a quiet revolution. It’s not a revolution of investment or innovation. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. Peak aluminum, steel in China? According to Reuters, Beijing’s target of peak…

The post As China targets 2030 for peak coal use, aluminum output could also peak appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

China’s steel and aluminum market is undergoing a quiet revolution. It’s not a revolution of investment or innovation. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. Peak aluminum, steel in China? According to Reuters, Beijing’s target of peak...

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The global shipping market is getting worse rather than better

The global logistics market has gone through a horrible winter. The pandemic caused massive disruption. US and European ports became gummed up with PPE and medical equipment. This resulted in port delays and tens of thousands of containers being out of…

The global logistics market has gone through a horrible winter. The pandemic caused massive disruption. US and European ports became gummed up with PPE and medical equipment. This resulted in port delays and tens of thousands of containers being out of position at destination when they are needed at origin, further exacerbating a lack of...

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Rare earth oxide prices drop as China loosens production quotas

China’s rare earth (RE) oxides market is a controlled market — or at least it is today. There was a time it was the mining equivalent of the wild west with multiple operators. There were once zero controls and, as a result, the sector’s operations led to massive environmental damage. The authorities stepped in, consolidated…

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China’s rare earth (RE) oxides market is a controlled market — or at least it is today. There was a time it was the mining equivalent of the wild west with multiple operators. There were once zero controls and, as a result, the sector’s operations led to massive environmental damage. The authorities stepped in, consolidated...

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Iron ore market characterized by volatility

The iron ore price has been about as volatile of late as most of us can remember. The price powered relentlessly upwards this year on the back of surging demand from China and constrained supply from Brazil. Then, after hitting a peak May 10 and 12, it…

The iron ore price has been about as volatile of late as most of us can remember. The price powered relentlessly upwards this year on the back of surging demand from China and constrained supply from Brazil. Then, after hitting a peak May 10 and 12, it fell sharply into bear territory, as Beijing sought...

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