U.S. Year-to-Date Steel Capacity Utilization Rate Holds at 80.3%

The U.S. steel sector’s capacity utilization rate incrementally declined in recent months, falling from 81.0% for the year to date as of late August down to 80.3% as of this past week, according to the American Iron and Steel Institute (AISI). The year-to-date capacity utilization rate this year has reached as high as 81.9% (back…

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The U.S. steel sector’s capacity utilization rate incrementally declined in recent months, falling from 81.0% for the year to date as of late August down to 80.3% as of this past week, according to the American Iron and Steel Institute (AISI). The year-to-date capacity utilization rate this year has reached as high as 81.9% (back...

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ArcelorMittal Announces Shuttering of Plants in South Africa, Poland

The world’s largest steelmaker is in for some tough times. First, ArcelorMittal announced it would be shutting down a plant in South Africa, quickly followed up with another notice of the temporary closure of a furnace in Poland. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s…

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The world’s largest steelmaker is in for some tough times. First, ArcelorMittal announced it would be shutting down a plant in South Africa, quickly followed up with another notice of the temporary closure of a furnace in Poland. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s...

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British Steel Moves Toward Takeover by China’s Jingye

When it comes to the bidding for British Steel, it’s now out with the Turks and in with the Chinese. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It is all change at the sales counter in the process of hawking British Steel to the highest — or any —…

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When it comes to the bidding for British Steel, it’s now out with the Turks and in with the Chinese. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It is all change at the sales counter in the process of hawking British Steel to the highest — or any —...

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Aluminum, Steel Demand Weakens in Northern Europe

The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be…

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The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be...

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Stainless MMI: Index Falls One Point as LME Nickel Moves Sideways, SHFE Nickel Drops Slightly

The Stainless Steel Monthly Metals Index (MMI) dropped again this month, by one point to 87. The drop follows last month’s three-point decline to 88 on the heels of August’s five-year high of 91. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME nickel prices continued to move sideways overall,…

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The Stainless Steel Monthly Metals Index (MMI) dropped again this month, by one point to 87. The drop follows last month’s three-point decline to 88 on the heels of August’s five-year high of 91. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME nickel prices continued to move sideways overall,...

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Copper MMI: Copper Prices Rise; Mixed Demand Outlook Restrains Index Gains

The Copper Monthly Metals Index (MMI) increased slightly this month to 73, compared to last month’s value of 71, with all copper prices in the index increasing mildly. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Overall, the LME copper price moved up…

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The Copper Monthly Metals Index (MMI) increased slightly this month to 73, compared to last month’s value of 71, with all copper prices in the index increasing mildly. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Overall, the LME copper price moved up...

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Steel, Other Industries Breathe Sigh of Relief Over India’s Retreat from RCEP Trade Pact

For a while, whether or not India would join the Regional Comprehensive Economic Partnership (RCEP) was touch and go. But eventually, much to the relief of domestic steel companies and those from other sectors, the Narendra Modi-led Indian government decided to sit out the controversial RCEP trade pact, which features the 10 members of the…

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For a while, whether or not India would join the Regional Comprehensive Economic Partnership (RCEP) was touch and go. But eventually, much to the relief of domestic steel companies and those from other sectors, the Narendra Modi-led Indian government decided to sit out the controversial RCEP trade pact, which features the 10 members of the...

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Aluminum Prices Rising Despite Weak Demand

The aluminum price is a contrary thing, isn’t it? For months, aluminum prices have been falling on the basis that demand is waning due to slowing global growth (particularly in top consumer China). Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook China’s gross domestic product growth slowed again to 6.0% year over year…

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The aluminum price is a contrary thing, isn’t it? For months, aluminum prices have been falling on the basis that demand is waning due to slowing global growth (particularly in top consumer China). Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook China’s gross domestic product growth slowed again to 6.0% year over year...

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Automotive MMI: GM Strike Ends After 40 Days; PSA, Fiat Chrysler to Merge

The Automotive Monthly Metals Index (MMI) ticked up one point for an MMI reading of 86. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Auto Sales As mentioned in previous reports, the top three automakers in the U.S. — General Motors, Ford and…

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The Automotive Monthly Metals Index (MMI) ticked up one point for an MMI reading of 86. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Auto Sales As mentioned in previous reports, the top three automakers in the U.S. — General Motors, Ford and...

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U.S. Steel Sector’s Capacity Utilization Hits 81.6%; Steel Price Slide Continues

The U.S. steel sector notched a capacity utilization rate of 81.6% for the week ending Nov. 2, according to a recent American Iron and Steel Institute (AISI) report, as U.S. steel prices continue to plunge. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center….

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The U.S. steel sector notched a capacity utilization rate of 81.6% for the week ending Nov. 2, according to a recent American Iron and Steel Institute (AISI) report, as U.S. steel prices continue to plunge. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center....

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