China’s aluminum supply chain trauma on the heels of the coronavirus outbreak

A recent article by respected Reuters columnist Andy Home reports on the impact of the coronavirus, COVID-19, on the supply-demand balance in China, the world’s largest consumer and producer of aluminum, and the ramifications steps taken to contain the virus could have for the market. Request a 30-minute demo of the MetalMiner Insights platform now….

The post China’s aluminum supply chain trauma on the heels of the coronavirus outbreak appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

A recent article by respected Reuters columnist Andy Home reports on the impact of the coronavirus, COVID-19, on the supply-demand balance in China, the world’s largest consumer and producer of aluminum, and the ramifications steps taken to contain the virus could have for the market. Request a 30-minute demo of the MetalMiner Insights platform now....

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ICSG: Copper deficit at 385K tons through first 11 months of 2019

According to the International Copper Study Group, the global copper market was in deficit by approximately 385,000 tons through the first 11 months of 2019. Generate hard savings on your metal buys year-round; trial MetalMiner’s monthly outlook report The LME three-month copper price built some upward momentum in late 2019 and the first two weeks…

The post ICSG: Copper deficit at 385K tons through first 11 months of 2019 appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

According to the International Copper Study Group, the global copper market was in deficit by approximately 385,000 tons through the first 11 months of 2019. Generate hard savings on your metal buys year-round; trial MetalMiner’s monthly outlook report The LME three-month copper price built some upward momentum in late 2019 and the first two weeks...

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Federal Reserve: Industrial production drops 0.3% in January

According to the Federal Reserve, U.S. industrial production fell 0.3% in January as “unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft.” “The major market groups posted mixed results in January,” The Fed reported. “The output of business equipment declined 2.6 percent as a…

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According to the Federal Reserve, U.S. industrial production fell 0.3% in January as “unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft.” “The major market groups posted mixed results in January,” The Fed reported. “The output of business equipment declined 2.6 percent as a...

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China’s growing domination of base metals continues

A recent Reuters article suggests China’s domination of the base metals market was marching on relentlessly prior to the coronavirus outbreak. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. The headline, “China’s copper imports and aluminium consumption to drop again in 2020,” suggested…

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A recent Reuters article suggests China’s domination of the base metals market was marching on relentlessly prior to the coronavirus outbreak. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. The headline, “China’s copper imports and aluminium consumption to drop again in 2020,” suggested...

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GFG Alliance ventures into the Indian steel market with pair of acquisitions

There were two major developments in the Indian steel sector this week. Request a 30-minute demo of the MetalMiner Insights platform now. Indian-born British businessman Sanjeev Gupta’s GFG Alliance made its first foray into the Indian market. It completed the strategic acquisition of two mills, Adhunik Metaliks Ltd and Zion Steel, in an approximately U.S….

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There were two major developments in the Indian steel sector this week. Request a 30-minute demo of the MetalMiner Insights platform now. Indian-born British businessman Sanjeev Gupta’s GFG Alliance made its first foray into the Indian market. It completed the strategic acquisition of two mills, Adhunik Metaliks Ltd and Zion Steel, in an approximately U.S....

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Iron ore pushes higher despite sluggish steel demand, coronavirus measures

On the face of it, there appears to be a disconnect between the state of China’s steel market and the price of seaborne iron ore. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. As Reuters observes, China’s steel industry is already feeling the pain…

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On the face of it, there appears to be a disconnect between the state of China’s steel market and the price of seaborne iron ore. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. As Reuters observes, China’s steel industry is already feeling the pain...

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China’s steel industry likely to see cutbacks as stocks rise amid coronavirus crisis

Not surprisingly, the steel sector in China is one of many going through acute uncertainty at the moment over fears the coronavirus spreading from Wuhan is still not under control. As a result, it is becoming increasingly apparent steel demand is going to be down for some time to come. MetalMiner’s monthly buying outlook reports…

The post China’s steel industry likely to see cutbacks as stocks rise amid coronavirus crisis appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Not surprisingly, the steel sector in China is one of many going through acute uncertainty at the moment over fears the coronavirus spreading from Wuhan is still not under control. As a result, it is becoming increasingly apparent steel demand is going to be down for some time to come. MetalMiner’s monthly buying outlook reports...

The post China’s steel industry likely to see cutbacks as stocks rise amid coronavirus crisis appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

India’s auto sector reaches crucial point amid government’s emissions goals

India’s automobile sector is at a crossroads. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. The country has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030….

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India’s automobile sector is at a crossroads. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. The country has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030....

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What’s next for U.K. car manufacturing after Brexit?

One of U.S. President Donald Trump’s objectives when applying high import tariffs to steel, aluminum and, now, downstream products was to support domestic producers by making it economically more attractive to produce locally than to import. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook An unexpected, or at…

The post What’s next for U.K. car manufacturing after Brexit? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

One of U.S. President Donald Trump’s objectives when applying high import tariffs to steel, aluminum and, now, downstream products was to support domestic producers by making it economically more attractive to produce locally than to import. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook An unexpected, or at...

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Aluminum MMI: Demand uncertainty weighs on aluminum prices

The Aluminum Monthly Metals Index (MMI) reversed last month’s three-point increase with a three-point decline back to 83. LME aluminum price dynamics switched late in January, with a precipitous drop setting prices down to a new short-term low. Prior to the coronavirus black swan event originating in Wuhan, China, price gains looked somewhat capped at…

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The Aluminum Monthly Metals Index (MMI) reversed last month’s three-point increase with a three-point decline back to 83. LME aluminum price dynamics switched late in January, with a precipitous drop setting prices down to a new short-term low. Prior to the coronavirus black swan event originating in Wuhan, China, price gains looked somewhat capped at...

The post Aluminum MMI: Demand uncertainty weighs on aluminum prices appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.