This Morning in Metals: Rio Tinto reaches new financing deal for Oyu Tolgoi

This morning in metals news: miner Rio Tinto announced it had reached a financing plan with Turquoise Hill Resources for the Oyu Tolgoi copper mine in Mongolia; meanwhile, the United States International Trade Commission (USITC) made a countervailing duty ruling on chassis and subassemblies from China; and, lastly, China’s National Bureau of Statistics released Producer…

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This morning in metals news: miner Rio Tinto announced it had reached a financing plan with Turquoise Hill Resources for the Oyu Tolgoi copper mine in Mongolia; meanwhile, the United States International Trade Commission (USITC) made a countervailing duty ruling on chassis and subassemblies from China; and, lastly, China’s National Bureau of Statistics released Producer...

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Copper MMI: Prices pick up after a slow December

The Copper Monthly Metals Index (MMI) increased 3.3% this month, as copper producers have faced challenges that are impacting supply. After a slow December, copper prices continued to increase the first week of January. Prices surpassed the $8,000/mt m…

The Copper Monthly Metals Index (MMI) increased 3.3% this month, as copper producers have faced challenges that are impacting supply. After a slow December, copper prices continued to increase the first week of January. Prices surpassed the $8,000/mt mark. However, copper prices remain volatile. As the pandemic continues to develop, the U.S. dollar remains around...

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This Morning in Metals: China’s Henan to hike fees for high-polluting steel producers

This morning in metals news: the Chinese province of Henan will raise its fees for steel and cement producers that do not meet low-emissions targets; BMO says the copper concentrate market will tighten this year; and the Oyu Tolgoi project took another step forward this past week. China to hike fees for polluting steel plants…

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This morning in metals news: the Chinese province of Henan will raise its fees for steel and cement producers that do not meet low-emissions targets; BMO says the copper concentrate market will tighten this year; and the Oyu Tolgoi project took another step forward this past week. China to hike fees for polluting steel plants...

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This Morning in Metals: LME copper surges to start the week

This morning in metals news, the copper price jumped Monday, Germany’s Thyssenkrupp is reportedly in talks to consolidate its loss-making steel business and the Oyu Tolgoi copper-gold mine needs $1.5 billion in capital costs. Copper prices make gains to start the week LME copper Monday jumped as much as 2.7%, Reuters reported, buoyed by the…

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This morning in metals news, the copper price jumped Monday, Germany’s Thyssenkrupp is reportedly in talks to consolidate its loss-making steel business and the Oyu Tolgoi copper-gold mine needs $1.5 billion in capital costs. Copper prices make gains to start the week LME copper Monday jumped as much as 2.7%, Reuters reported, buoyed by the...

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This Morning in Metals: China’s aluminum output up over first two months

This morning in metals news, China’s aluminum production through the first two months of the year was up despite the coronavirus outbreak, Rio Tinto offered an update on measures being undertaken at the Oyu Tolgoi project and the Federal Reserve has cut rates to nearly zero. Looking for metal price forecasting and data analysis in…

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This morning in metals news, China’s aluminum production through the first two months of the year was up despite the coronavirus outbreak, Rio Tinto offered an update on measures being undertaken at the Oyu Tolgoi project and the Federal Reserve has cut rates to nearly zero. Looking for metal price forecasting and data analysis in...

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This Morning in Metals: Rio Tinto submits power plant feasibility plan for Oyu Tolgoi

This morning in metals news, Rio Tinto’s Oyu Tolgoi mine plans took an incremental step forward, AK Steel announced a Q4 2019 net loss of $53.9 million and Paris-based Constellium posted a stronger Q4 compared with its Q4 2018. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook Rio…

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This morning in metals news, Rio Tinto’s Oyu Tolgoi mine plans took an incremental step forward, AK Steel announced a Q4 2019 net loss of $53.9 million and Paris-based Constellium posted a stronger Q4 compared with its Q4 2018. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook Rio...

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This Morning in Metals: U.S. weekly raw steel production hits 1.90M tons

This morning in metals news, the U.S. steel sector churned out 1.90 million tons of steel during the week ending Feb. 8, a U.S. Steel electric arc furnace is near completion and miner Rio Tinto says the coronavirus in China has impacted copper ore flows. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s…

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This morning in metals news, the U.S. steel sector churned out 1.90 million tons of steel during the week ending Feb. 8, a U.S. Steel electric arc furnace is near completion and miner Rio Tinto says the coronavirus in China has impacted copper ore flows. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s...

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This Morning in Metals: Markets eye tariff deadline, Fed’s rate decision

This morning in metals news, markets are anxiously eyeing Sunday’s U.S.-China tariff deadline, The Mongolian parliament passed a resolution relating to the Oyu Tolgoi mine (majority-owned by Rio Tinto) and United States Trade Representative (USTR) Robert Lighthizer weighed in on yesterday’s United States-Mexico-Canada Agreement (USMCA) news. Looking for metal price forecasting and data analysis in…

The post This Morning in Metals: Markets eye tariff deadline, Fed’s rate decision appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news, markets are anxiously eyeing Sunday’s U.S.-China tariff deadline, The Mongolian parliament passed a resolution relating to the Oyu Tolgoi mine (majority-owned by Rio Tinto) and United States Trade Representative (USTR) Robert Lighthizer weighed in on yesterday’s United States-Mexico-Canada Agreement (USMCA) news. Looking for metal price forecasting and data analysis in...

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This Morning in Metals: Rio Tinto Hails ‘Significant Milestone’ at Oyu Tolgoi

This morning in metals news, miner Rio Tinto has advanced work on its Oyu Tolgoi copper and gold mine project, the U.S. is reportedly considering rolling back some tariffs against China, and Novelis announced its quarterly financial results. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s…

The post This Morning in Metals: Rio Tinto Hails ‘Significant Milestone’ at Oyu Tolgoi appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news, miner Rio Tinto has advanced work on its Oyu Tolgoi copper and gold mine project, the U.S. is reportedly considering rolling back some tariffs against China, and Novelis announced its quarterly financial results. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s...

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