Copper MMI: Copper price rally continues, rises to pre-coronavirus levels

The Copper Monthly Metals Index (MMI) increased to a value of 68 this month based on an increase in prices globally. LME copper prices continued to increase throughout May. The price finally broke $5,000/mt on June 5, meaning it, along with zinc and le…

The Copper Monthly Metals Index (MMI) increased to a value of 68 this month based on an increase in prices globally. LME copper prices continued to increase throughout May. The price finally broke $5,000/mt on June 5, meaning it, along with zinc and lead prices, is back to pre-pandemic levels. In the past two weeks,...

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This Morning in Metals: Copper prices surge this week

This morning in metals news, copper prices looked to be on their way to their largest weekly gain in over a year, U.S. Steel has begun the process of indefinitely idling its Lorain Tubular Operations and miner Freeport-McMoRan released its 2019 Annual …

This morning in metals news, copper prices looked to be on their way to their largest weekly gain in over a year, U.S. Steel has begun the process of indefinitely idling its Lorain Tubular Operations and miner Freeport-McMoRan released its 2019 Annual Report on Sustainability. Copper prices gain Copper prices were on their way to...

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This Morning in Metals: GM to ramp up production of pickups, SUVs

This morning in metals news, General Motors is planning to increase production of its popular pickups and SUVs, U.S. Steel announced a long-term iron ore supply deal, and copper prices have made some gains today. GM increases production of pickup truck…

This morning in metals news, General Motors is planning to increase production of its popular pickups and SUVs, U.S. Steel announced a long-term iron ore supply deal, and copper prices have made some gains today. GM increases production of pickup trucks, SUVs As automakers resumed production last month, General Motors has opted to ramp up...

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This Morning in Metals: U.S. steel production last week fell 36.6% year over year

This morning in metals news, U.S. steel production levels were down significantly last week, the Census Bureau released April steel import totals and copper prices dipped Wednesday. U.S. steel production hits capacity rate of 53.2% The U.S. steel sector’s capacity utilization rate reached 53.2% for the week ending May 23, the American Iron and Steel…

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This morning in metals news, U.S. steel production levels were down significantly last week, the Census Bureau released April steel import totals and copper prices dipped Wednesday. U.S. steel production hits capacity rate of 53.2% The U.S. steel sector’s capacity utilization rate reached 53.2% for the week ending May 23, the American Iron and Steel...

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This Morning in Metals: Copper headed for weekly price drop

This morning in metals news, copper prices were up Friday but expected to be down for the week, Rusal says the aluminum market recovery could stretch into next year and JW Aluminum’s CEO weighed in on potential impacts of the COVID-19 pandemic on U.S. businesses’ sourcing strategy. Looking for metal price forecasting and data analysis…

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This morning in metals news, copper prices were up Friday but expected to be down for the week, Rusal says the aluminum market recovery could stretch into next year and JW Aluminum’s CEO weighed in on potential impacts of the COVID-19 pandemic on U.S. businesses’ sourcing strategy. Looking for metal price forecasting and data analysis...

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Global copper mine production down 0.7% in 2019

Global copper mine production dipped last year compared with 2018, according to the most recently monthly data from the International Copper Study Group (ICSG). Request a 30-minute demo of the MetalMiner Insights platform now. Copper concentrate production declined 0.6% and solvent-extraction electrowinning fell by around 1%, the ICSG reported. Chile, the world’s top copper producer,…

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Global copper mine production dipped last year compared with 2018, according to the most recently monthly data from the International Copper Study Group (ICSG). Request a 30-minute demo of the MetalMiner Insights platform now. Copper concentrate production declined 0.6% and solvent-extraction electrowinning fell by around 1%, the ICSG reported. Chile, the world’s top copper producer,...

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Copper MMI: Mixed price movements hold index sideways

The Copper Monthly Metals Index (MMI) held at a value of 70 this month based on a mix of mild price changes globally. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo LME copper prices traded sideways during most of February, following late January’s…

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The Copper Monthly Metals Index (MMI) held at a value of 70 this month based on a mix of mild price changes globally. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo LME copper prices traded sideways during most of February, following late January’s...

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This Morning in Metals: DOJ wins arbitration related to Novelis-Aleris merger dispute

This morning in metals news, arbitration fell in favor of the Department of Justice vis-a-vis the proposed merger of Novelis and Aleris, January steel shipments rose 5.6%, and copper made gains off of multiyear lows. – Get metal buying strategies and price alerts for 10 industrial metals. Request an Outlook trial. DOJ wins arbitration in…

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This morning in metals news, arbitration fell in favor of the Department of Justice vis-a-vis the proposed merger of Novelis and Aleris, January steel shipments rose 5.6%, and copper made gains off of multiyear lows. – Get metal buying strategies and price alerts for 10 industrial metals. Request an Outlook trial. DOJ wins arbitration in...

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ICSG: Copper deficit at 385K tons through first 11 months of 2019

According to the International Copper Study Group, the global copper market was in deficit by approximately 385,000 tons through the first 11 months of 2019. Generate hard savings on your metal buys year-round; trial MetalMiner’s monthly outlook report The LME three-month copper price built some upward momentum in late 2019 and the first two weeks…

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According to the International Copper Study Group, the global copper market was in deficit by approximately 385,000 tons through the first 11 months of 2019. Generate hard savings on your metal buys year-round; trial MetalMiner’s monthly outlook report The LME three-month copper price built some upward momentum in late 2019 and the first two weeks...

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Copper MMI: Uncertain demand after coronavirus outbreak reverses copper price gains

The Copper Monthly Metals Index (MMI) dropped six points this month to 70, a new long-term low, although close in value to October 2019’s reading of 71. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. LME copper prices rallied as January progressed then dropped…

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The Copper Monthly Metals Index (MMI) dropped six points this month to 70, a new long-term low, although close in value to October 2019’s reading of 71. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. LME copper prices rallied as January progressed then dropped...

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