Stainless MMI: Index Jumps 16 Points on Nickel Price Surge

The Stainless Monthly Metals Index (MMI) followed last month’s six-point increase with a 16-point jump this month. Once again, the index surge came as a result of strong nickel price gains, even though a slim majority of global prices in the index declined (albeit mildly compared to nickel price increases). Need buying strategies for steel?…

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The Stainless Monthly Metals Index (MMI) followed last month’s six-point increase with a 16-point jump this month. Once again, the index surge came as a result of strong nickel price gains, even though a slim majority of global prices in the index declined (albeit mildly compared to nickel price increases). Need buying strategies for steel?...

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European Commission Proposes Lowering Steel Quota Hike to 3%

Lacking a Trumpian figure in overall charge of such measures, import controls take time to be worked out in Europe, as they require consensus among E.U. members that often have conflicting priorities. One issue they do seem to agree on, though, is the …

Lacking a Trumpian figure in overall charge of such measures, import controls take time to be worked out in Europe, as they require consensus among E.U. members that often have conflicting priorities. One issue they do seem to agree on, though, is the need to protect Europe from rising imports of cheap steel products. Need...

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India Aims to Bolster Energy Supply, Per Capita Energy Consumption

As part of its energy planning — especially on the oil and gas front — India has been actively looking at its neighbors in the past few months for support and supply. Besides Russia, the other countries India is looking to for fulfilling its energy requirements is the United Arab Emirates (U.A.E.), Saudi Arabia and…

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As part of its energy planning — especially on the oil and gas front — India has been actively looking at its neighbors in the past few months for support and supply. Besides Russia, the other countries India is looking to for fulfilling its energy requirements is the United Arab Emirates (U.A.E.), Saudi Arabia and...

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Aluminum Production in China Illustrates Manufacturing Slowdown

GDP figures may be holding up well, but metal consumption in China suggests the global slowdown and the ongoing trade war with the U.S. are taking their toll on China’s manufacturing sector. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Reuters reported top state primary aluminum producer Chalco is quoted as filing an…

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GDP figures may be holding up well, but metal consumption in China suggests the global slowdown and the ongoing trade war with the U.S. are taking their toll on China’s manufacturing sector. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Reuters reported top state primary aluminum producer Chalco is quoted as filing an...

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Renewables MMI: Cobalt Prices Gain Upward Momentum

The Renewables Monthly Metals Index (MMI) dropped two points for a September MMI value of 99. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook First Cobalt Eyes Restart of Canadian Refinery First Cobalt Corp., a Toronto-based firm, is looking into restarting its idled cobalt refinery in Canada, Reuters reported. First Cobalt…

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The Renewables Monthly Metals Index (MMI) dropped two points for a September MMI value of 99. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook First Cobalt Eyes Restart of Canadian Refinery First Cobalt Corp., a Toronto-based firm, is looking into restarting its idled cobalt refinery in Canada, Reuters reported. First Cobalt...

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U.S. Steel Sector Production Falls 1.7% Year Over Year

The U.S. steel industry’s crude steel production for the week ending Sept. 7 fell 1.7% compared with production for the same week in 2018, according to the American Iron and Steel Institute (AISI). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel production for the week ending Sept. 7 totaled…

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The U.S. steel industry’s crude steel production for the week ending Sept. 7 fell 1.7% compared with production for the same week in 2018, according to the American Iron and Steel Institute (AISI). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel production for the week ending Sept. 7 totaled...

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Rare Earths MMI: Pentagon Explores Possible Rare Earths Plant in Australia

The Rare Earths Monthly Metals Index (MMI) held flat this month, checking at an MMI value of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Looks to Australia for Rare Earths China’s dominance of the global rare earths market is well-documented, a fact the U.S. defense sector has grappled…

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The Rare Earths Monthly Metals Index (MMI) held flat this month, checking at an MMI value of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Looks to Australia for Rare Earths China’s dominance of the global rare earths market is well-documented, a fact the U.S. defense sector has grappled...

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Construction MMI: ABI in Longest Flat Stretch Since Recession

The Construction Monthly Metals Index (MMI) dropped one point for a September MMI reading of 77. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending According to the U.S. Census Bureau, U.S. construction spending in July totaled $1,288.8 billion, up 0.1% from the revised June estimate of $1,288.1 billion….

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The Construction Monthly Metals Index (MMI) dropped one point for a September MMI reading of 77. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending According to the U.S. Census Bureau, U.S. construction spending in July totaled $1,288.8 billion, up 0.1% from the revised June estimate of $1,288.1 billion....

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Automotive MMI: Record-Setting August for Some Automakers as Sales Surge

The Automotive Monthly Metals Index (MMI) fell one point this month for a September MMI reading of 85. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors continues to report on a quarterly basis; in July, the automaker reported its second-quarter deliveries were down 1.5% on a…

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The Automotive Monthly Metals Index (MMI) fell one point this month for a September MMI reading of 85. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors continues to report on a quarterly basis; in July, the automaker reported its second-quarter deliveries were down 1.5% on a...

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Norsk Hydro Files Petition Asking Brazilian Federal Court to Lift DRS2 Embargoes

Aluminum maker Norsk Hydro filed a joint petition — along with its alumina refinery Alunorte, the Pará state environmental agency SEMAS and the Ministerio Publico Federal — asking the Brazilian federal court to lift embargoes on the refinery’s DRS2 bauxite residue deposit area. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s…

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Aluminum maker Norsk Hydro filed a joint petition — along with its alumina refinery Alunorte, the Pará state environmental agency SEMAS and the Ministerio Publico Federal — asking the Brazilian federal court to lift embargoes on the refinery’s DRS2 bauxite residue deposit area. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s...

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