What do China’s surging copper imports tell us about the economy for 2021?

China has had a fraction of the deaths and hospitalizations from the COVID-19 pandemic that Western societies have had. Furthermore, China had an economic bounceback that saw its GDP rise 2.3% last year. China’s bounceback The rebound has been impressive. Construction of new high-speed train lines to smaller provincial cities and new motorways connecting remote…

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China has had a fraction of the deaths and hospitalizations from the COVID-19 pandemic that Western societies have had. Furthermore, China had an economic bounceback that saw its GDP rise 2.3% last year. China’s bounceback The rebound has been impressive. Construction of new high-speed train lines to smaller provincial cities and new motorways connecting remote...

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Week in Review: January 2021 MMI is out; what’s in store for iron ore?; Oyu Tolgoi expansion faces pushback

Before we head into the weekend, let’s take a quick look back at the week that was and the metals storylines here on MetalMiner, including the release of the January 2021 MMI, a look at what might happen to the iron ore price and much more. Inauguration Day draws near for President-elect Joe Biden, leaving…

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Before we head into the weekend, let’s take a quick look back at the week that was and the metals storylines here on MetalMiner, including the release of the January 2021 MMI, a look at what might happen to the iron ore price and much more. Inauguration Day draws near for President-elect Joe Biden, leaving...

The post Week in Review: January 2021 MMI is out; what’s in store for iron ore?; Oyu Tolgoi expansion faces pushback appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: U.S. import prices up 0.9% in December

This morning in metals news: U.S. import prices rose in December; the Aluminum Association commented on potential changes to the Section 232 aluminum tariff program; and November steel shipments dropped by 11.9%. U.S. import prices gain by 0.9% in Dece…

This morning in metals news: U.S. import prices rose in December; the Aluminum Association commented on potential changes to the Section 232 aluminum tariff program; and November steel shipments dropped by 11.9%. U.S. import prices gain by 0.9% in December U.S. import prices jumped by 0.9% in December, per the Bureau of Labor Statistics. Furthermore,...

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This Morning in Metals: Industry groups urge Biden to keep steel tariffs

This morning in metals news: several industry groups urged President-elect Joe Biden to continue existing steel tariffs and quotas; Germany’s OGE and Thyssenkrupp and Norwegian energy company Equinor are collaborating to mitigate emissions; and Norsk Hydro and Nuvosil are working on aluminum and silicon recycling technology. Industry groups urge Biden to keep steel tariffs President…

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This morning in metals news: several industry groups urged President-elect Joe Biden to continue existing steel tariffs and quotas; Germany’s OGE and Thyssenkrupp and Norwegian energy company Equinor are collaborating to mitigate emissions; and Norsk Hydro and Nuvosil are working on aluminum and silicon recycling technology. Industry groups urge Biden to keep steel tariffs President...

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This Morning in Metals: E.U. hits Turkish iron, steel with duties

This morning in metals news: new E.U. duties on iron and steel imports from Turkey take effect today; meanwhile, the Aluminum Association commented on President-elect Joe Biden’s nomination for the post of secretary of commerce; and natural gas prices fell to their lowest levels in decades last year. Cut-to-length adders. Width and gauge adders. Coatings….

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This morning in metals news: new E.U. duties on iron and steel imports from Turkey take effect today; meanwhile, the Aluminum Association commented on President-elect Joe Biden’s nomination for the post of secretary of commerce; and natural gas prices fell to their lowest levels in decades last year. Cut-to-length adders. Width and gauge adders. Coatings....

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Tensions simmer between China, Australia over coking coal import ban

Nobody yet is quite sure whether Australia and China’s spat over coking coal imports will eventually turn out to be a case of bad politics making good economics or bad economic sense making for good politics. While politics between China and Australia is part of the reason for the former to have completely banned the…

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Nobody yet is quite sure whether Australia and China’s spat over coking coal imports will eventually turn out to be a case of bad politics making good economics or bad economic sense making for good politics. While politics between China and Australia is part of the reason for the former to have completely banned the...

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This Morning in Metals: U.S. goods and services deficit hits $68.1M in November

This morning in metals news: the Census Bureau and Bureau of Economic Analysis reported the U.S. goods and services deficit totaled $68.1 billion in November; the Brazilian state of Minas Gerais is hoping to win a compensation deal from miner Vale; and…

This morning in metals news: the Census Bureau and Bureau of Economic Analysis reported the U.S. goods and services deficit totaled $68.1 billion in November; the Brazilian state of Minas Gerais is hoping to win a compensation deal from miner Vale; and the American Iron and Steel Institute released steel import data for December. MetalMiner...

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Brexit aftermath: U.K.-E.U. reach deal, but much is left to be decided

After four and a half years and unprecedented social and political discord, it has finally happened: the United Kingdom has left the European Union with the bare bones of a free trade agreement. More MetalMiner is available on LinkedIn. Bare bones free trade agreement It took until Christmas Eve — ahead of the Dec. 31…

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After four and a half years and unprecedented social and political discord, it has finally happened: the United Kingdom has left the European Union with the bare bones of a free trade agreement. More MetalMiner is available on LinkedIn. Bare bones free trade agreement It took until Christmas Eve — ahead of the Dec. 31...

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This Morning in Metals: U.S. to adjust tariffs on E.U. products stemming from Boeing-Airbus dispute

This morning in metals news: the U.S. announced it will adjust its tariffs on E.U. products imposed last year; the U.S.’s renewable energy consumption surpassed that of coal for the first time since before 1885; and metals prices have retraced slightly this week. Find more insight on MetalMiner’s LinkedIn. U.S. adjusts tariffs on E.U. Last…

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This morning in metals news: the U.S. announced it will adjust its tariffs on E.U. products imposed last year; the U.S.’s renewable energy consumption surpassed that of coal for the first time since before 1885; and metals prices have retraced slightly this week. Find more insight on MetalMiner’s LinkedIn. U.S. adjusts tariffs on E.U. Last...

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This Morning in Metals: Steel imports down 22.1% through November

This morning in metals news: U.S. steel imports dropped 22.1% year over year through the first 11 months of the year; the U.S. international trade deficit rose by 5.5% from October to November; and global aluminum production totaled 5.47 million metric…

This morning in metals news: U.S. steel imports dropped 22.1% year over year through the first 11 months of the year; the U.S. international trade deficit rose by 5.5% from October to November; and global aluminum production totaled 5.47 million metric tons in November. Steel is cool. Follow us on LinkedIn to hang out with...

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