Category: Commodities

Week in Review: Stainless steel boosts nickel; aluminum production rises; commodity ETFs gain momentum

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 stainless steel consumption’s impact on nickel prices, surging aluminum prices and much more: Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and…

The post Week in Review: Stainless steel boosts nickel; aluminum production rises; commodity ETFs gain momentum 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, including stainless steel consumption’s impact on nickel prices, surging aluminum prices and much more: Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and...

The post Week in Review: Stainless steel boosts nickel; aluminum production rises; commodity ETFs gain momentum appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: U.S. Steel expects Q3 to be ‘quarter of records’

This morning in metals news: U.S. Steel released its third-quarter guidance yesterday; U.S. petroleum exports just edged out imports in the first half of the year; and, lastly, unemployment rates fell in 15 U.S. states in August. You want more MetalMiner on your terms. Sign up for weekly email updates here. U.S. Steel releases Q3…

The post This Morning in Metals: U.S. Steel expects Q3 to be ‘quarter of records’ appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: U.S. Steel released its third-quarter guidance yesterday; U.S. petroleum exports just edged out imports in the first half of the year; and, lastly, unemployment rates fell in 15 U.S. states in August. You want more MetalMiner on your terms. Sign up for weekly email updates here. U.S. Steel releases Q3...

The post This Morning in Metals: U.S. Steel expects Q3 to be ‘quarter of records’ appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Global aluminum production jumps in July

This morning in metals news: global aluminum production picked up in July; the WTI crude price continues to hover around $70 per barrel; and, lastly, the Producer Price Index for final demand increased by 0.7% in August. Want MetalMiner directly in you…

This morning in metals news: global aluminum production picked up in July; the WTI crude price continues to hover around $70 per barrel; and, lastly, the Producer Price Index for final demand increased by 0.7% in August. Want MetalMiner directly in your inbox? Sign up for weekly updates now. Aluminum production increases in July Global...

The post This Morning in Metals: Global aluminum production jumps in July appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Week in Review: Aluminum prices reach 10-year high; China-Australia iron ore trade surges ahead; See our Monthly Metals Index updates for aluminum, raw steels, copper, stainless

Before we head into the weekend, let’s take a look back at the week’s news and some of the metals storylines here on MetalMiner: Aluminum prices reach 10-year high while a coup in Guinea threatens to disrupt global bauxite supply, China-Australia iron ore trade surges ahead despite ongoing tensions; and see MetalMiner’s analyst-driven Monthly Metals…

The post Week in Review: Aluminum prices reach 10-year high; China-Australia iron ore trade surges ahead; See our Monthly Metals Index updates for aluminum, raw steels, copper, stainless 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’s news and some of the metals storylines here on MetalMiner: Aluminum prices reach 10-year high while a coup in Guinea threatens to disrupt global bauxite supply, China-Australia iron ore trade surges ahead despite ongoing tensions; and see MetalMiner’s analyst-driven Monthly Metals...

The post Week in Review: Aluminum prices reach 10-year high; China-Australia iron ore trade surges ahead; See our Monthly Metals Index updates for aluminum, raw steels, copper, stainless appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Aluminum prices reach 10-year high following Guinea coup

This morning in metals news: Aluminum prices reach 10-year highs after a coup in Guinea threatens to disrupt global bauxite supply. In other news, steep commodity prices send China’s factory-gate inflation to a 13-year high. Also in the news, Hurricane Ida’s damage leaves more than 75% of U.S. Gulf of Mexico oil production offline. Each…

The post This Morning in Metals: Aluminum prices reach 10-year high following Guinea coup appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: Aluminum prices reach 10-year highs after a coup in Guinea threatens to disrupt global bauxite supply. In other news, steep commodity prices send China’s factory-gate inflation to a 13-year high. Also in the news, Hurricane Ida’s damage leaves more than 75% of U.S. Gulf of Mexico oil production offline. Each...

The post This Morning in Metals: Aluminum prices reach 10-year high following Guinea coup appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Steel capacity utilization hits 84.5%

This morning in metals news: U.S. steel capacity utilization dropped slightly last week; the number of drilled but uncompleted oil wells in the U.S. declined in July; and, lastly, the construction sector shed 3,000 jobs in August. Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices. …

The post This Morning in Metals: Steel capacity utilization hits 84.5% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: U.S. steel capacity utilization dropped slightly last week; the number of drilled but uncompleted oil wells in the U.S. declined in July; and, lastly, the construction sector shed 3,000 jobs in August. Are you prepared for your annual steel contract negotiations? Be sure to check out our five best practices. ...

The post This Morning in Metals: Steel capacity utilization hits 84.5% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

China-Australia iron ore trade surges ahead despite tensions

Diplomatic relations between China and Australia have been strained over the past year. However, that does not seem to have affected trade between the two nations. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. China-Australia trade After posting record exports in May and June 2021, Australia…

The post China-Australia iron ore trade surges ahead despite tensions appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Diplomatic relations between China and Australia have been strained over the past year. However, that does not seem to have affected trade between the two nations. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. China-Australia trade After posting record exports in May and June 2021, Australia...

The post China-Australia iron ore trade surges ahead despite tensions appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Week in Review: EU steel consumption; construction spending; retail gas prices

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: Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. Week of Aug. 30-Sept. 3 The Port of…

The post Week in Review: EU steel consumption; construction spending; retail gas prices 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: Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. Week of Aug. 30-Sept. 3 The Port of...

The post Week in Review: EU steel consumption; construction spending; retail gas prices appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: Pre-Labor Day retail gas prices at highest level since 2014

This morning in metals news: pre-Labor Day retail gasoline prices are at their highest level in seven years; meanwhile, payroll employment rose by 235,000 in August; and, lastly, Norilsk Nickel has signed an agreement to build a liquefied natural gas i…

This morning in metals news: pre-Labor Day retail gasoline prices are at their highest level in seven years; meanwhile, payroll employment rose by 235,000 in August; and, lastly, Norilsk Nickel has signed an agreement to build a liquefied natural gas icebreaker. You want more MetalMiner on your terms. Sign up for weekly email updates here....

The post This Morning in Metals: Pre-Labor Day retail gas prices at highest level since 2014 appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: U.S. construction spending ticks up in July

This morning in metals news: U.S. construction spending ticked up by 0.3% in July, the Census Bureau reported; meanwhile, unemployment rates declined in 388 of 389 metropolitan areas of the U.S. in July compared with July 2020; and, lastly, shale natur…

This morning in metals news: U.S. construction spending ticked up by 0.3% in July, the Census Bureau reported; meanwhile, unemployment rates declined in 388 of 389 metropolitan areas of the U.S. in July compared with July 2020; and, lastly, shale natural gas production from the Appalachian Basin hit record levels in the first half of...

The post This Morning in Metals: U.S. construction spending ticks up in July appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.