Week in Review: Buying in volatile markets; Annual Outlook update; oil price drivers

Before we head into the Fourth of July weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Missed the recent webinar on buying during volatile markets? Check out our recap of the event and find a link to the recording to listen on demand….

The post Week in Review: Buying in volatile markets; Annual Outlook update; oil price drivers appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Before we head into the Fourth of July weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Missed the recent webinar on buying during volatile markets? Check out our recap of the event and find a link to the recording to listen on demand....

The post Week in Review: Buying in volatile markets; Annual Outlook update; oil price drivers appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Investors are not alone in wondering — where to next for oil?

Anyone connected or exposed to the dynamics of the oil price must be wondering if the recovery in the oil price is sustainable and, indeed, whether it has further to go. Views are mixed. Some point to the collapse of industry pioneer Chesapeake Energy into Chapter 11 as a bullish development, arguing the loss of…

The post Investors are not alone in wondering — where to next for oil? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Anyone connected or exposed to the dynamics of the oil price must be wondering if the recovery in the oil price is sustainable and, indeed, whether it has further to go. Views are mixed. Some point to the collapse of industry pioneer Chesapeake Energy into Chapter 11 as a bullish development, arguing the loss of...

The post Investors are not alone in wondering — where to next for oil? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: U.S. Steel to restart blast furnace at Gary Works

This morning in metals news: amid improving demand, U.S. Steel plans to restart a blast furnace at its Gary Works; the United States-Mexico-Canada Agreement (USMCA) went into effect today; and China could be aiming to diversify its iron ore supply port…

This morning in metals news: amid improving demand, U.S. Steel plans to restart a blast furnace at its Gary Works; the United States-Mexico-Canada Agreement (USMCA) went into effect today; and China could be aiming to diversify its iron ore supply portfolio. U.S. Steel to restart Gary Works blast furnace U.S. Steel plans to restart a...

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Week in Review: Industrial production rises; Liberty Steel invests in the future; MW aluminum premium spikes

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: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. industrial production showed some life in May after a dismal previous two…

The post Week in Review: Industrial production rises; Liberty Steel invests in the future; MW aluminum premium spikes appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

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: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. industrial production showed some life in May after a dismal previous two...

The post Week in Review: Industrial production rises; Liberty Steel invests in the future; MW aluminum premium spikes appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Aluminum sector CEOs express opposition to return of Section 232 aluminum tariff for Canada, Mexico

This morning in metals news: CEOs across the aluminum industry supply chain sent a letter to United States Trade Representative Robert Lighthizer to voice their opinion about a potential reimposition of aluminum tariffs on aluminum from Canada and Mexi…

This morning in metals news: CEOs across the aluminum industry supply chain sent a letter to United States Trade Representative Robert Lighthizer to voice their opinion about a potential reimposition of aluminum tariffs on aluminum from Canada and Mexico; the International Aluminum Institute recently released global production figures for May; and the Energy Information Administration...

The post This Morning in Metals: Aluminum sector CEOs express opposition to return of Section 232 aluminum tariff for Canada, Mexico appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

‘A crisis like no other’: IMF revises 2020 global growth forecast down to -4.9%

The International Monetary Fund’s (IMF) most recently updated global growth forecast is gloomier than the last. The IMF forecast global growth of -4.9% for 2020, down from the -3.0% forecast previously released in April. “The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery…

The post ‘A crisis like no other’: IMF revises 2020 global growth forecast down to -4.9% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

The International Monetary Fund’s (IMF) most recently updated global growth forecast is gloomier than the last. The IMF forecast global growth of -4.9% for 2020, down from the -3.0% forecast previously released in April. “The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery...

The post ‘A crisis like no other’: IMF revises 2020 global growth forecast down to -4.9% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Bloomberg: U.S. mulling reimposition of Canadian aluminum tariffs

This morning in metals news, the U.S. is reportedly considering reimposing tariffs on Canadian aluminum, U.S. liquefied natural gas (LNG) exports have plunged and global copper mine production ticked up 0.5% in Q1 2020. U.S. could bring back Canadian a…

This morning in metals news, the U.S. is reportedly considering reimposing tariffs on Canadian aluminum, U.S. liquefied natural gas (LNG) exports have plunged and global copper mine production ticked up 0.5% in Q1 2020. U.S. could bring back Canadian aluminum tariffs After rolling out blanket steel and aluminum tariffs via Section 232 in 2018, the...

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This Morning in Metals: Supreme Court rejects Section 232 challenge

This morning in metals news, the U.S. Supreme Court has rejected a challenge to the Trump administration’s Section 232 tariffs on steel, British MPs are calling for government assistance for the British steel industry and ArcelorMittal is reportedly considering the sale of some of its Canadian iron ore assets. Supreme Court rejects challenge to Section…

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This morning in metals news, the U.S. Supreme Court has rejected a challenge to the Trump administration’s Section 232 tariffs on steel, British MPs are calling for government assistance for the British steel industry and ArcelorMittal is reportedly considering the sale of some of its Canadian iron ore assets. Supreme Court rejects challenge to Section...

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Week in Review: U.S. hits wind power records; China’s semi-finished aluminum exports drop; Tesla makes cobalt deal

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: Request a 30-minute demo of the MetalMiner Insights platform now. The central U.S. set wind power generation records this spring. Maria Rosa Gobitz delved into developments in stainless steel, nickel…

The post Week in Review: U.S. hits wind power records; China’s semi-finished aluminum exports drop; Tesla makes cobalt deal appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

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: Request a 30-minute demo of the MetalMiner Insights platform now. The central U.S. set wind power generation records this spring. Maria Rosa Gobitz delved into developments in stainless steel, nickel...

The post Week in Review: U.S. hits wind power records; China’s semi-finished aluminum exports drop; Tesla makes cobalt deal appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

India’s first natural gas exchange comes online

India launched its first natural gas exchange earlier this week. The Indian Gas Exchange (IGX) is a nationwide, online delivery-based gas trading platform for delivery of natural gas, Zee News reported. A wholly owned subsidiary of the IEX — India’s energy market platform — IGX will allow participants to trade in standardized gas contracts. The…

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India launched its first natural gas exchange earlier this week. The Indian Gas Exchange (IGX) is a nationwide, online delivery-based gas trading platform for delivery of natural gas, Zee News reported. A wholly owned subsidiary of the IEX — India’s energy market platform — IGX will allow participants to trade in standardized gas contracts. The...

The post India’s first natural gas exchange comes online appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.