What goes up must (eventually) come down — does the old saying apply to nickel prices?

Up to this week, the nickel bull story had been roaring along. Talk of metal shortages and runaway electric vehicle (EV) and hybrid battery demand have supported that story. But one announcement has seen that bull run hit a brick wall. Grab your coffee and hear MetalMiner’s latest forecast for aluminum, copper, stainless and carbon…

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Up to this week, the nickel bull story had been roaring along. Talk of metal shortages and runaway electric vehicle (EV) and hybrid battery demand have supported that story. But one announcement has seen that bull run hit a brick wall. Grab your coffee and hear MetalMiner’s latest forecast for aluminum, copper, stainless and carbon...

The post What goes up must (eventually) come down — does the old saying apply to nickel prices? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This Morning in Metals: DOC finds dumping, subsidization of common alloy aluminum sheet

This morning in metals news: the Department of Commerce said imports of common alloy aluminum sheet from 18 countries are being dumped and benefiting from subsidies; Federal Reserve Governor Lael Brainard this week commented on the US’s economic outlook; and the copper price has retraced somewhat over the last week. DOC makes common alloy aluminum…

The post This Morning in Metals: DOC finds dumping, subsidization of common alloy aluminum sheet appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: the Department of Commerce said imports of common alloy aluminum sheet from 18 countries are being dumped and benefiting from subsidies; Federal Reserve Governor Lael Brainard this week commented on the US’s economic outlook; and the copper price has retraced somewhat over the last week. DOC makes common alloy aluminum...

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Construction MMI: Construction spending rises as billings remain down

The Construction Monthly Metals Index (MMI) rose by 3.2% this month, as January 2021 construction spending picked up. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner …

The Construction Monthly Metals Index (MMI) rose by 3.2% this month, as January 2021 construction spending picked up. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. Construction spending US construction spending in January reached a seasonally adjusted annual rate of $1,521.5...

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This Morning in Metals: March 2021 MMO report is out

This morning in metals news: the March 2021 Monthly Metal Outlook (MMO) report is out; meanwhile, annual natural gas production declined in 2020; and, finally, pending home sales declined in January. Find more insight on MetalMiner’s LinkedIn. March 2021 MMO report Every first of the month, MetalMiner publishes its Monthly Metal Outlook forecast report, available…

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This morning in metals news: the March 2021 Monthly Metal Outlook (MMO) report is out; meanwhile, annual natural gas production declined in 2020; and, finally, pending home sales declined in January. Find more insight on MetalMiner’s LinkedIn. March 2021 MMO report Every first of the month, MetalMiner publishes its Monthly Metal Outlook forecast report, available...

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US steel capacity utilization ticks up to 77.2%

US steel mills churned out metal at a steel capacity utilization rate of 77.2% for the week ending Feb. 27, the American Iron and Steel Institute (AISI) reported. See why technical analysis is a superior forecasting methodology over fundamental analysis and why it matters for your steel buy. Steel capacity utilization gains Last week’s rate…

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US steel mills churned out metal at a steel capacity utilization rate of 77.2% for the week ending Feb. 27, the American Iron and Steel Institute (AISI) reported. See why technical analysis is a superior forecasting methodology over fundamental analysis and why it matters for your steel buy. Steel capacity utilization gains Last week’s rate...

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European aluminum market under duress

There is not a lot of chatter in the press about this yet, but speak to producers and consumers and you will hear plenty of complaints about the European aluminum market. Both flat rolled and extruded products are facing serious supply issues. However,…

There is not a lot of chatter in the press about this yet, but speak to producers and consumers and you will hear plenty of complaints about the European aluminum market. Both flat rolled and extruded products are facing serious supply issues. However, whether they will be short-lived or prove more persistent is not yet...

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Week in Review: Copper price strength; January auto sales; securing supply chains

Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of the copper price, how the Biden administration will handle the former Trump administration’s metals tariffs and much more. The MetalMiner Best Practice Library offers a wealth of…

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Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of the copper price, how the Biden administration will handle the former Trump administration’s metals tariffs and much more. The MetalMiner Best Practice Library offers a wealth of...

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This Morning in Metals: Arconic reports 14% revenue decline, led by aerospace weakness

This morning in metals news: Arconic reported its fourth quarter and full-year 2020 financial results; meanwhile, the Census Bureau reported steel import totals; and, finally, hot rolled coil steel prices continue to rise. Arconic reports Q4, 2020 fina…

This morning in metals news: Arconic reported its fourth quarter and full-year 2020 financial results; meanwhile, the Census Bureau reported steel import totals; and, finally, hot rolled coil steel prices continue to rise. Arconic reports Q4, 2020 financial results Pittsburgh-based Arconic reported Q4 2020 revenues of $1.5 billion, up 3% from the previous quarter. However,...

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Copper price continues to rise as supply tightens

The copper price has resumed its rise this month after taking a brief pause in January. Meanwhile, on the supply side, tightening began last year and could exacerbate in the year ahead. Strong demand from China, lack of new mine investment and enthusiasm about copper’s role in the renewables revolution are all contributing to the…

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The copper price has resumed its rise this month after taking a brief pause in January. Meanwhile, on the supply side, tightening began last year and could exacerbate in the year ahead. Strong demand from China, lack of new mine investment and enthusiasm about copper’s role in the renewables revolution are all contributing to the...

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This Morning in Metals: US industrial production up 0.9% in January

This morning in metals news: US industrial production picked up in January; global aluminum output also rose in January; and, lastly, General Motors reported a milestone in the construction of a new battery cell manufacturing plant in northeast Ohio. U…

This morning in metals news: US industrial production picked up in January; global aluminum output also rose in January; and, lastly, General Motors reported a milestone in the construction of a new battery cell manufacturing plant in northeast Ohio. US industrial production rises US industrial production rose by 0.9% in January, the Federal Reserve reported....

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