Category: Copper

India takes steps to restrict copper, aluminum imports

FurAccording to the Indian Financial Express, the country is intending to take a leaf out of the European Union’s book and introducing an import surveillance scheme for aluminum and copper imports. Does your company have an aluminum buying strategy based on current aluminum price trends? India’s rising copper, aluminum imports Like the E.U.’s scheme, the…

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FurAccording to the Indian Financial Express, the country is intending to take a leaf out of the European Union’s book and introducing an import surveillance scheme for aluminum and copper imports. Does your company have an aluminum buying strategy based on current aluminum price trends? India’s rising copper, aluminum imports Like the E.U.’s scheme, the...

The post India takes steps to restrict copper, aluminum imports appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: U.S. steel capacity utilization rate rises to 65.1%

This morning in metals news: U.S. steel capacity utilization reached 65.1% for the week ending Sept. 12, the World Trade Organization released a report covering the U.S.’s Section 301 tariffs on Chinese goods; and the copper price approached a two-year high. Does your company have an aluminum buying strategy based on current steel price trends?…

The post This Morning in Metals: U.S. steel capacity utilization rate rises to 65.1% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: U.S. steel capacity utilization reached 65.1% for the week ending Sept. 12, the World Trade Organization released a report covering the U.S.’s Section 301 tariffs on Chinese goods; and the copper price approached a two-year high. Does your company have an aluminum buying strategy based on current steel price trends?...

The post This Morning in Metals: U.S. steel capacity utilization rate rises to 65.1% appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Copper MMI: Copper prices pick up, aided by strong Chinese demand, supply fears

The Copper Monthly Metals Index (MMI) increased 5.1% for this month’s value, as copper prices continue to pick up globally. LME copper prices increased throughout August, trading over $6,500/mt the last few weeks of the month. SHFE prices also increased during the same period, as local demand remained strong and refined production tightened. Want an…

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The Copper Monthly Metals Index (MMI) increased 5.1% for this month’s value, as copper prices continue to pick up globally. LME copper prices increased throughout August, trading over $6,500/mt the last few weeks of the month. SHFE prices also increased during the same period, as local demand remained strong and refined production tightened. Want an...

The post Copper MMI: Copper prices pick up, aided by strong Chinese demand, supply fears appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Copper is outperforming other metals

A fair part of the bull story for copper this year has been supply-side fears. The world’s largest mines are in South America, which has suffered from catastrophic levels of coronavirus infections. True, China’s recovery has played a role in the booster’s case. So have the role of copper in the growing electric vehicle (EV)…

The post Copper is outperforming other metals appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

A fair part of the bull story for copper this year has been supply-side fears. The world’s largest mines are in South America, which has suffered from catastrophic levels of coronavirus infections. True, China’s recovery has played a role in the booster’s case. So have the role of copper in the growing electric vehicle (EV)...

The post Copper is outperforming other metals appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: India to limit copper, aluminum imports

This morning in metals news: India is looking to curb its imports of copper and aluminum; Rio Tinto and Turquoise Hill reached a financing agreement for the Oyu Tolgoi underground mine project; and Germany’s steel industry needs state aid. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. India targets…

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This morning in metals news: India is looking to curb its imports of copper and aluminum; Rio Tinto and Turquoise Hill reached a financing agreement for the Oyu Tolgoi underground mine project; and Germany’s steel industry needs state aid. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. India targets...

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This Morning in Metals: Copper prices gain momentum

This morning in metals news: copper prices gained momentum Wednesday; the rival of German steelmaker Thyssenkrupp rejected the idea of an alliance; and a Pakistani steelmaker is looking to ramp up its output amid a construction spike in the country. Stay up to date on MetalMiner with weekly, monthly, or quarterly updates – without the…

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This morning in metals news: copper prices gained momentum Wednesday; the rival of German steelmaker Thyssenkrupp rejected the idea of an alliance; and a Pakistani steelmaker is looking to ramp up its output amid a construction spike in the country. Stay up to date on MetalMiner with weekly, monthly, or quarterly updates – without the...

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This Morning in Metals: GM announces partnership with Nikola Corporation

This morning in metals news: General Motors announced a partnership with Nikola Corporation; U.S. manufacturing corporations saw their profits plunge in Q2 2020; and Chile’s copper shipments fell in August. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up here….

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This morning in metals news: General Motors announced a partnership with Nikola Corporation; U.S. manufacturing corporations saw their profits plunge in Q2 2020; and Chile’s copper shipments fell in August. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up here....

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This Morning in Metals: MetalMiner September 2020 MMO report is out

This morning in metals news: MetalMiner’s September Monthly Metal Outlook (MMO) is now available; a Peruvian official says copper mining in the country has recovered after disruptions related to the COVID-19 pandemic; Finnish stainless steel producer Outokumpu announced a leadership change; and the U.S. Department of Commerce recently issued an affirmative final determination in a…

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This morning in metals news: MetalMiner’s September Monthly Metal Outlook (MMO) is now available; a Peruvian official says copper mining in the country has recovered after disruptions related to the COVID-19 pandemic; Finnish stainless steel producer Outokumpu announced a leadership change; and the U.S. Department of Commerce recently issued an affirmative final determination in a...

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This Morning in Metals: Trump takes aim at steel imports from Mexico, Brazil

This morning in metals news: President Donald Trump this Monday took aim at steel imports from Mexico and Brazil; the American Iron and Steel Institute responded to the development; and copper price surged to a two-year high. 5 Mistakes Buyers Can Make When Sourcing Steel.  Trump targets steel from Brazil, Mexico The Trump administration took…

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This morning in metals news: President Donald Trump this Monday took aim at steel imports from Mexico and Brazil; the American Iron and Steel Institute responded to the development; and copper price surged to a two-year high. 5 Mistakes Buyers Can Make When Sourcing Steel.  Trump targets steel from Brazil, Mexico The Trump administration took...

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ICSG: Copper mine production down 2.2% through first five months of 2020

After coming in at comparable levels to last year through the first four months of this year, global mine production fell in May. The International Copper Study Group (ICSG) reported global copper mine production had dropped by 2.2% through the first f…

After coming in at comparable levels to last year through the first four months of this year, global mine production fell in May. The International Copper Study Group (ICSG) reported global copper mine production had dropped by 2.2% through the first five months of the year compared to the equivalent period in 2019. Concentrate production...

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