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...

The post This Morning in Metals: U.S. steel prices rise appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Iron ore price falls, but is it a pause before further rises or the top?

An article in the Australian Financial Review (AFR) underlines the bullish narrative accompanying the iron ore price’s performance this year. “Chinese steel consumption has just blown consensus out of the water this year,” the report notes, citing analyst comments, adding, “The macro backdrop, in terms of China, is very strong for all commodity consumption, and…

The post Iron ore price falls, but is it a pause before further rises or the top? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

An article in the Australian Financial Review (AFR) underlines the bullish narrative accompanying the iron ore price’s performance this year. “Chinese steel consumption has just blown consensus out of the water this year,” the report notes, citing analyst comments, adding, “The macro backdrop, in terms of China, is very strong for all commodity consumption, and...

The post Iron ore price falls, but is it a pause before further rises or the top? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

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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This Morning in Metals: Nucor to open Frostproof steel plant by end of year

This morning in metals news: steelmaker Nucor will open a new steel plant in Florida by the end of this year; U.S. gasoline prices are low heading into the Labor Day weekend; and Chinese demand continues to power high iron ore prices. 5 Mistakes Buyers…

This morning in metals news: steelmaker Nucor will open a new steel plant in Florida by the end of this year; U.S. gasoline prices are low heading into the Labor Day weekend; and Chinese demand continues to power high iron ore prices. 5 Mistakes Buyers Can Make When Sourcing Steel Nucor to open steel plant...

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This Morning in Metals: U.S. steel capacity utilization rises to 61.5%

This morning in metals news: the U.S. steel sector’s capacity utilization gained once again last month; iron ore futures made gains; and Tokyo Steel Manufacturing Co is keeping its prices steady. Want an occasional email from MetalMiner that highlights new content with NO sales ploys?  U.S. steel capacity rises to 61.5% Continuing the recent theme,…

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This morning in metals news: the U.S. steel sector’s capacity utilization gained once again last month; iron ore futures made gains; and Tokyo Steel Manufacturing Co is keeping its prices steady. Want an occasional email from MetalMiner that highlights new content with NO sales ploys?  U.S. steel capacity rises to 61.5% Continuing the recent theme,...

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Week in Review: Trump targets Canadian aluminum; copper flattens; silver surges

This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed…

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This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed...

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Iron ore price proving resilient despite slow global recovery

Seaborne iron ore prices have remained stubbornly high. Chinese demand and a stronger-than-expected Chinese recovery from the first-quarter lockdowns are driving prices. Sign up today for Gunpowder, MetalMiner’s free, weekly e-newsletter featuring news, analysis and more. Recovering demand Demand collapsed in Q1 during the lockdown but has recovered rapidly in Q2, originally for flat-rolled products…

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Seaborne iron ore prices have remained stubbornly high. Chinese demand and a stronger-than-expected Chinese recovery from the first-quarter lockdowns are driving prices. Sign up today for Gunpowder, MetalMiner’s free, weekly e-newsletter featuring news, analysis and more. Recovering demand Demand collapsed in Q1 during the lockdown but has recovered rapidly in Q2, originally for flat-rolled products...

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This Morning in Metals: Ontario Premier Doug Ford says U.S. steel tariffs could be next

This morning in metals news: Ontario Premier Doug Ford said the U.S. may follow up its reinstatement of aluminum tariffs with tariffs on Canadian steel; utility-scale battery storage continues to become more prevalent; and China imported a record amount of iron ore in July. We’re offering timely emails with exclusive analyst commentary and some best…

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This morning in metals news: Ontario Premier Doug Ford said the U.S. may follow up its reinstatement of aluminum tariffs with tariffs on Canadian steel; utility-scale battery storage continues to become more prevalent; and China imported a record amount of iron ore in July. We’re offering timely emails with exclusive analyst commentary and some best...

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This Morning in Metals: E.U. extends anti-dumping duties on Chinese stainless

This morning in metals news: the European Commission on Wednesday extend anti-dumping duties on stainless steel from China; miner Glencore released its half-year report; and Brazil is trying to meet China’s surging iron ore demand. For more news and notes from the world of metals, make sure to subscribe to the free MetalMiner e-newsletter, Gunpowder. E.U….

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This morning in metals news: the European Commission on Wednesday extend anti-dumping duties on stainless steel from China; miner Glencore released its half-year report; and Brazil is trying to meet China’s surging iron ore demand. For more news and notes from the world of metals, make sure to subscribe to the free MetalMiner e-newsletter, Gunpowder. E.U....

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Iron ore is being undermined by slowing steel demand

A recent Reuters article looked at the seaborne iron ore market and suggests robust demand from China is offsetting weak demand from the rest of Asia and Europe, leaving a largely balanced global seaborne market. As a result, the article suggests fear …

A recent Reuters article looked at the seaborne iron ore market and suggests robust demand from China is offsetting weak demand from the rest of Asia and Europe, leaving a largely balanced global seaborne market. As a result, the article suggests fear over supplies from Brazil is providing price support. The iron ore price hit...

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