This Morning in Metals: US steel sector capacity utilization rate dips to 75.2%

This morning in metals news: the US steel sector’s steel capacity utilization rate dipped to 75.2% last week; meanwhile, Tata Steel reported its highest ever consolidated quarterly EBITDA; and, lastly, the Metals Service Center Institute (MSCI) launched a new campaign advocating for infrastructure investment. Steel capacity utilization down to 75.2% The US steel sector’s capacity…

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This morning in metals news: the US steel sector’s steel capacity utilization rate dipped to 75.2% last week; meanwhile, Tata Steel reported its highest ever consolidated quarterly EBITDA; and, lastly, the Metals Service Center Institute (MSCI) launched a new campaign advocating for infrastructure investment. Steel capacity utilization down to 75.2% The US steel sector’s capacity...

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Construction MMI: U.S. construction spending rises 3.7% year over year

The Construction Monthly Metals Index (MMI) rose 4.9% for this month’s index value, as U.S. construction spending showed recent gains. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. U.S. construction spending U.S. construction spending in October 2020 reached a seasonally adjusted annual rate of $1,438.50 billion, the Census Bureau…

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The Construction Monthly Metals Index (MMI) rose 4.9% for this month’s index value, as U.S. construction spending showed recent gains. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. U.S. construction spending U.S. construction spending in October 2020 reached a seasonally adjusted annual rate of $1,438.50 billion, the Census Bureau...

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This Morning in Metals: Rio Tinto releases Q2 production results

This morning in metals news: Rio Tinto released its second-quarter production results; steel industry groups want infrastructure to be added to the U.S.’s next stimulus bill; and reported plans to replace furnaces at Tata Steel’s Port Talbot plant have raised worries that thousands of jobs could be lost in the process. Rio Tinto releases Q2…

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This morning in metals news: Rio Tinto released its second-quarter production results; steel industry groups want infrastructure to be added to the U.S.’s next stimulus bill; and reported plans to replace furnaces at Tata Steel’s Port Talbot plant have raised worries that thousands of jobs could be lost in the process. Rio Tinto releases Q2...

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This Morning in Metals: Nevada Copper confirms restart plans for Pumpkin Hollow mine

This morning in metals news: Nevada Copper announced plans to restart its Pumpkin Hollow mine; the American Iron and Steel Institute (AISI) commented on the $1 trillion infrastructure bill approved by the U.S. House of Representatives last week; and a …

This morning in metals news: Nevada Copper announced plans to restart its Pumpkin Hollow mine; the American Iron and Steel Institute (AISI) commented on the $1 trillion infrastructure bill approved by the U.S. House of Representatives last week; and a Florida community has approved the sale of land for the construction of a $120 million...

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This Morning in Metals: MetalMiner releases July Monthly Metal Buying Outlook

This morning in metals news, MetalMiner has released its July Monthly Metal Buying Outlook, the U.S. House of Representatives passed a $1.5 trillion infrastructure bill and Ford Motor Co.’s second-quarter sales were down 33.3%. July Metal Monthly Buying Outlook is out We’re already halfway through what has been a volatile 2020, during which MetalMiner has…

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This morning in metals news, MetalMiner has released its July Monthly Metal Buying Outlook, the U.S. House of Representatives passed a $1.5 trillion infrastructure bill and Ford Motor Co.’s second-quarter sales were down 33.3%. July Metal Monthly Buying Outlook is out We’re already halfway through what has been a volatile 2020, during which MetalMiner has...

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India’s annual budget could prove to be a boost to the steel sector

India’s union budget is an annual exercise, one that industry and commerce always look forward to for direction and signals of growth. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. India’s metals sector, especially steel, had expectations from this year’s budget and seems…

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India’s union budget is an annual exercise, one that industry and commerce always look forward to for direction and signals of growth. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. India’s metals sector, especially steel, had expectations from this year’s budget and seems...

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Construction MMI: April Spending Down 1.2% Year Over Year; Billings Bounce Back

The Construction Monthly Metals Index (MMI) retreated this month, falling three points for a June MMI value of 81. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending U.S. construction spending in April came in flat compared to March, but dropped 1.2% compared to April 2018, the U.S. Census…

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The Construction Monthly Metals Index (MMI) retreated this month, falling three points for a June MMI value of 81. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending U.S. construction spending in April came in flat compared to March, but dropped 1.2% compared to April 2018, the U.S. Census...

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This Morning in Metals: $80 Oil and Energy Infrastructure Investment

This morning in metals, Shell’s chief executive says $80 oil is good for energy infrastructure investment, China’s Baowu is reportedly in talks to acquire a rival and base metals prices dropped on Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook $80 Oil? Shell CEO Says It’s Not Unreasonable In…

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This morning in metals, Shell’s chief executive says $80 oil is good for energy infrastructure investment, China’s Baowu is reportedly in talks to acquire a rival and base metals prices dropped on Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook $80 Oil? Shell CEO Says It’s Not Unreasonable In...

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