Week in Review: Nickel market; China’s economic recovery; October MMI report

Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including: the nickel market; aluminum prices on the SHFE and LME; China’s metals rebound; and much more. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week…

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Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including: the nickel market; aluminum prices on the SHFE and LME; China’s metals rebound; and much more. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week...

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Indian aluminum sheet, in addition to 17 other countries, hit with U.S. anti-dumping duty

Some Indian experts are of the view that the U.S.’s newly imposed import tariff on aluminum sheet products, including on Indian aluminum sheet, will not affect Indian aluminum producers in a major way. Are you under pressure to generate aluminum cost savings? Make sure you are following these 5 best practices! U.S. slaps anti-dumping duty…

The post Indian aluminum sheet, in addition to 17 other countries, hit with U.S. anti-dumping duty appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Some Indian experts are of the view that the U.S.’s newly imposed import tariff on aluminum sheet products, including on Indian aluminum sheet, will not affect Indian aluminum producers in a major way. Are you under pressure to generate aluminum cost savings? Make sure you are following these 5 best practices! U.S. slaps anti-dumping duty...

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This Morning in Metals: October 2020 MMI report is out

This morning in metals news: the October Monthly Metals Index (MMI) report is out; the E.U. is reportedly considering imposing carbon border fees; and Alcoa released its third-quarter financial earnings. The MetalMiner 2021 Annual Outlook consolidates …

This morning in metals news: the October Monthly Metals Index (MMI) report is out; the E.U. is reportedly considering imposing carbon border fees; and Alcoa released its third-quarter financial earnings. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a...

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China is leading the metals rebound

A relatively swift exit from pandemic lockdowns and the impact of stimulus-led infrastructure investment have powered China’s metals rebound. Furthermore, the Shanghai Futures Exchange has continued its summer disconnect from the London Metal Exchange aluminum price, which started in April of this year. The resulting arbitrage window has sucked in imports of aluminum primary and…

The post China is leading the metals rebound appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

A relatively swift exit from pandemic lockdowns and the impact of stimulus-led infrastructure investment have powered China’s metals rebound. Furthermore, the Shanghai Futures Exchange has continued its summer disconnect from the London Metal Exchange aluminum price, which started in April of this year. The resulting arbitrage window has sucked in imports of aluminum primary and...

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This Morning in Metals: Moody’s steel outlook upgraded to stable

This morning in metals news: investor service Moody’s upgraded its global steel sector outlook from negative to stable; the E.U. slapped duties on stainless steel from China, Indonesia and Taiwan; and the American Iron and Steel Institute reported September import market share in the U.S. reached 16%. Are you under pressure to generate steel cost…

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This morning in metals news: investor service Moody’s upgraded its global steel sector outlook from negative to stable; the E.U. slapped duties on stainless steel from China, Indonesia and Taiwan; and the American Iron and Steel Institute reported September import market share in the U.S. reached 16%. Are you under pressure to generate steel cost...

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Rare Earths MMI: Executive order takes aim at U.S. critical mineral import dependence

The Rare Earths Monthly Metals Index (MMI) posted no movement for this month’s index reading, as President Donald Trump signed an executive order that aims to strengthen the domestic mining industry and mitigate dependence on foreign sources of critical minerals. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. New…

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The Rare Earths Monthly Metals Index (MMI) posted no movement for this month’s index reading, as President Donald Trump signed an executive order that aims to strengthen the domestic mining industry and mitigate dependence on foreign sources of critical minerals. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. New...

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U.A.E., Bahrain expected to get Section 232 aluminum tariff exemptions

Just the rumor that producers in the United Arab Emirates and Bahrain could win a Section 232 aluminum tariff exemption was enough to ease prices for U.S. consumers. The Trump administration imposed the 10% tariff under Section 232 back in March 2018. …

Just the rumor that producers in the United Arab Emirates and Bahrain could win a Section 232 aluminum tariff exemption was enough to ease prices for U.S. consumers. The Trump administration imposed the 10% tariff under Section 232 back in March 2018. Now, however, the removal ostensibly comes as a reward for the two Arab...

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This Morning in Metals: Hurricane Laura hits Gulf crude oil production

This morning in metals news: Hurricane Laura had the largest effect on Gulf of Mexico crude oil production of any hurricane since 2008, according to the Energy Information Administration (EIA); U.S. imports of standard pipe and tin plate from Thailand …

This morning in metals news: Hurricane Laura had the largest effect on Gulf of Mexico crude oil production of any hurricane since 2008, according to the Energy Information Administration (EIA); U.S. imports of standard pipe and tin plate from Thailand and China, respectively, surged from May-July; and tech companies could call the site of the...

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This Morning in Metals: Union leaders express optimism over ArcelorMittal USA sale to Cleveland-Cliffs

This morning in metals news: local union leaders have reportedly expressed optimism regarding this week’s announced sale of ArcelorMittal USA to Cleveland-Cliffs; the United States International Trade Commission will launch a Section 337 investigation covering electronic stud finders, metal detectors and electrical scanners; and the Bureau of Labor Statistics today released data on jobless rates….

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This morning in metals news: local union leaders have reportedly expressed optimism regarding this week’s announced sale of ArcelorMittal USA to Cleveland-Cliffs; the United States International Trade Commission will launch a Section 337 investigation covering electronic stud finders, metal detectors and electrical scanners; and the Bureau of Labor Statistics today released data on jobless rates....

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This Morning in Metals: Aluminum group files anti-dumping, CVD petitions

This morning in metals news: an aluminum trade group filed anti-dumping and countervailing subsidy petitions relating to imports of aluminum foil from five countries; the consultation period for Alcoa’s San Ciprián aluminum plant ended without an agreement on a social plan for workers; and the U.S. Census Bureau released August import and export data. The…

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This morning in metals news: an aluminum trade group filed anti-dumping and countervailing subsidy petitions relating to imports of aluminum foil from five countries; the consultation period for Alcoa’s San Ciprián aluminum plant ended without an agreement on a social plan for workers; and the U.S. Census Bureau released August import and export data. The...

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