U.S. Year-to-Date Steel Capacity Utilization Rate Holds at 80.3%

The U.S. steel sector’s capacity utilization rate incrementally declined in recent months, falling from 81.0% for the year to date as of late August down to 80.3% as of this past week, according to the American Iron and Steel Institute (AISI). The year-to-date capacity utilization rate this year has reached as high as 81.9% (back…

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The U.S. steel sector’s capacity utilization rate incrementally declined in recent months, falling from 81.0% for the year to date as of late August down to 80.3% as of this past week, according to the American Iron and Steel Institute (AISI). The year-to-date capacity utilization rate this year has reached as high as 81.9% (back...

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This Morning in Metals: Tata Steel Plans to Cut Jobs in Europe

This morning in metals news, Tata Steel is making job cuts across its European operations, U.S. Steel announced it plans to reduce its greenhouse gas emissions by 20% by 2030 and copper ticked up again Monday. Job Cuts Coming to Tata Steel’s European Operations Steelmaker Tata Steel will cut jobs throughout its European operations, Reuters…

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This morning in metals news, Tata Steel is making job cuts across its European operations, U.S. Steel announced it plans to reduce its greenhouse gas emissions by 20% by 2030 and copper ticked up again Monday. Job Cuts Coming to Tata Steel’s European Operations Steelmaker Tata Steel will cut jobs throughout its European operations, Reuters...

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ArcelorMittal Announces Shuttering of Plants in South Africa, Poland

The world’s largest steelmaker is in for some tough times. First, ArcelorMittal announced it would be shutting down a plant in South Africa, quickly followed up with another notice of the temporary closure of a furnace in Poland. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s…

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The world’s largest steelmaker is in for some tough times. First, ArcelorMittal announced it would be shutting down a plant in South Africa, quickly followed up with another notice of the temporary closure of a furnace in Poland. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s...

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Week in Review: Copper Prices, ‘Steelmageddon’ and U.S.-E.U. Trade Talks

Before we head into the weekend, let’s take a look at the week that was and some of the metals coverage here on MetalMiner, including: copper prices, “Steelmageddon,” rising palladium prices, and aluminum and steel demand in Europe. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s…

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Before we head into the weekend, let’s take a look at the week that was and some of the metals coverage here on MetalMiner, including: copper prices, “Steelmageddon,” rising palladium prices, and aluminum and steel demand in Europe. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s...

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This Morning in Metals: China Renews Call for Removal of Tariffs

This morning in metals news, China again emphasized its desire for a removal of tariffs toward the goal of an initial trade deal with the U.S., U.S. Steel has laid off more workers and a Taiwanese firm is planning to invest $100 million in a new Turkis…

This morning in metals news, China again emphasized its desire for a removal of tariffs toward the goal of an initial trade deal with the U.S., U.S. Steel has laid off more workers and a Taiwanese firm is planning to invest $100 million in a new Turkish steel factory. Keep up to date on everything...

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Aluminum, Steel Demand Weakens in Northern Europe

The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be…

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The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be...

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This Morning in Metals: U.S. Steel Import Market Share Hits 17% in October

This morning in metals news, U.S. steel import permit applications surged in October, U.S. Steel has laid off workers at its Granite City operation and Port Hedland iron ore shipments to China dropped in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center….

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This morning in metals news, U.S. steel import permit applications surged in October, U.S. Steel has laid off workers at its Granite City operation and Port Hedland iron ore shipments to China dropped in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center....

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Renewables MMI: Cobalt Prices Gain on the Heels of Mutanda Closure News

The Renewables Monthly Metals Index (MMI) fell one point for a November MMI reading of 97. Slowing Cobalt Mine Output According to research group Antaike, global cobalt output growth is expected to slow in 2020, Reuters reported. The report cites Antaike nickel analyst Joy Kong, who said cobalt production is expected to rise by 5,000 tons…

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The Renewables Monthly Metals Index (MMI) fell one point for a November MMI reading of 97. Slowing Cobalt Mine Output According to research group Antaike, global cobalt output growth is expected to slow in 2020, Reuters reported. The report cites Antaike nickel analyst Joy Kong, who said cobalt production is expected to rise by 5,000 tons...

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Raw Steels MMI: Global Steel Prices Fail to Gain Traction

The Raw Steels Monthly Metals Index (MMI) showed mixed price movements in October, with declines outweighing increases for a one-point index drop to 66. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices continued to weaken during October, possibly reaching a new bottom. Prices appeared to bottom out…

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The Raw Steels Monthly Metals Index (MMI) showed mixed price movements in October, with declines outweighing increases for a one-point index drop to 66. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices continued to weaken during October, possibly reaching a new bottom. Prices appeared to bottom out...

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This Morning in Metals: U.S. Steel Capacity Utilization Rate Hits 80.5%

This morning in metals news, the U.S.’s steel capacity utilization rate is 80.3% for the year through Nov. 9, up to 40 layoffs are coming at U.S. Steel’s Minnesota taconite operations and a South African steel plant operated by ArcelorMittal is being shut down. Need buying strategies for steel? Request your two-month free trial of…

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This morning in metals news, the U.S.’s steel capacity utilization rate is 80.3% for the year through Nov. 9, up to 40 layoffs are coming at U.S. Steel’s Minnesota taconite operations and a South African steel plant operated by ArcelorMittal is being shut down. Need buying strategies for steel? Request your two-month free trial of...

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