Indian government prepares policy to develop steel clusters

The Indian government has prepared a draft framework policy for the development of steel clusters in the country, Manufacturing Today reported. Work on the policy, however, started sometime in late 2019 but ran into a hurdle because of the COVID-19 pan…

The Indian government has prepared a draft framework policy for the development of steel clusters in the country, Manufacturing Today reported. Work on the policy, however, started sometime in late 2019 but ran into a hurdle because of the COVID-19 pandemic. Does your company have a steel buying strategy based on current steel price trends?...

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Week in Review: DOC’s updated SIMA system; steel prices rise; iron ore takes a breather

This week’s coverage included coverage ranging from the announced update to SIMA, iron ore price movements and the U.S.’s decision to rescind the recently reimposed 10% Canadian aluminum tariff. Before we head into the weekend, let’s take a look back at the week that was and all the metals storylines here on MetalMiner. Stay up…

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This week’s coverage included coverage ranging from the announced update to SIMA, iron ore price movements and the U.S.’s decision to rescind the recently reimposed 10% Canadian aluminum tariff. Before we head into the weekend, let’s take a look back at the week that was and all the metals storylines here on MetalMiner. Stay up...

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This Morning in Metals: U.S. steel prices rise

This morning in metals news: steel prices have been making gains; the WTI crude price moved up; and Vale plans to increase its iron ore output. Upcoming negotiation on your steel buy? Make sure you know how your service centers will negotiate with you.  Steel prices rise U.S. steel prices are on the rise, but…

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This morning in metals news: steel prices have been making gains; the WTI crude price moved up; and Vale plans to increase its iron ore output. Upcoming negotiation on your steel buy? Make sure you know how your service centers will negotiate with you.  Steel prices rise U.S. steel prices are on the rise, but...

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This Morning in Metals: USITC maintains duties on rebar from Mexico, Turkey

This morning in metals news: the USITC voted to maintain existing duties on steel rebar from Mexico and Turkey; the U.S. Census Bureau released the latest housing starts data; and General Motors released more information on its next-generation electric vehicle models. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more….

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This morning in metals news: the USITC voted to maintain existing duties on steel rebar from Mexico and Turkey; the U.S. Census Bureau released the latest housing starts data; and General Motors released more information on its next-generation electric vehicle models. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more....

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Stainless MMI: Stainless steel surcharges rise for fourth straight month

The Stainless Monthly Metals Index (MMI) increased by 11.3% for this month’s index value, as stainless steel surcharges rose for a fourth consecutive month. Upcoming negotiation on your stainless steel buy? Make sure you know how your service centers will negotiate with you. Stainless steel surcharges continue to increase Stainless alloy surcharges are rising for…

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The Stainless Monthly Metals Index (MMI) increased by 11.3% for this month’s index value, as stainless steel surcharges rose for a fourth consecutive month. Upcoming negotiation on your stainless steel buy? Make sure you know how your service centers will negotiate with you. Stainless steel surcharges continue to increase Stainless alloy surcharges are rising for...

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This Morning in Metals: USTR rescinds recently reimposed Canadian aluminum tariff

This morning in metals news: the United States Trade Representative announced it would remove the 10% tariff on some Canadian aluminum products; China’s steel producers foresee growing demand throughout the remainder of the year; and iron ore prices are surging. Are you under pressure to generate aluminum cost savings? Make sure you are following these…

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This morning in metals news: the United States Trade Representative announced it would remove the 10% tariff on some Canadian aluminum products; China’s steel producers foresee growing demand throughout the remainder of the year; and iron ore prices are surging. Are you under pressure to generate aluminum cost savings? Make sure you are following these...

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Raw Steels MMI: U.S. steel prices make gains, aided by auto sector

The Raw Steels Monthly Metals Index (MMI) increased by 4.3% for this month’s value.  Does your company have a steel buying strategy based on current steel price trends? U.S. steel prices start increasing HRC prices increased by over 5.4% throughout August, closing at $486/st. During the first two weeks of September, the price rallied up…

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The Raw Steels Monthly Metals Index (MMI) increased by 4.3% for this month’s value.  Does your company have a steel buying strategy based on current steel price trends? U.S. steel prices start increasing HRC prices increased by over 5.4% throughout August, closing at $486/st. During the first two weeks of September, the price rallied up...

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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?…

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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?...

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Tata Group in negotiations with U.K. over possible state bailout

Despite talks of negotiations over a potential Tata Group bailout in the U.K., the Indian firm has proved itself a generally good steward of the businesses it has purchased in the U.K. over the years. In hindsight, its purchase of Jaguar Land Rover fro…

Despite talks of negotiations over a potential Tata Group bailout in the U.K., the Indian firm has proved itself a generally good steward of the businesses it has purchased in the U.K. over the years. In hindsight, its purchase of Jaguar Land Rover from Ford for U.S. $2.3 billion in June 2008 was a steal....

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Week in Review: Rising copper price; RARE Act; MetalMiner 2021 Annual Outlook

It was another action-packed week in the world of metals, including coverage from Stuart Burns on the rising copper price, developments in the rare earths sector and the release of the MetalMiner 2021 Annual Outlook report. The 2021 Annual Outlook is a…

It was another action-packed week in the world of metals, including coverage from Stuart Burns on the rising copper price, developments in the rare earths sector and the release of the MetalMiner 2021 Annual Outlook report. The 2021 Annual Outlook is an invaluable resource for metals buyers preparing to set their spend for the year...

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