Europe’s steel industry under pressure amid falling orders, personnel challenges

Europe’s steelmakers are cutting production and idling factory lines as an industry already buckling under a severe market downturn girds itself for the economic fallout from coronavirus, the Financial Times reports. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Companies such as Thyssenkrupp and Tata Steel…

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Europe’s steelmakers are cutting production and idling factory lines as an industry already buckling under a severe market downturn girds itself for the economic fallout from coronavirus, the Financial Times reports. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Companies such as Thyssenkrupp and Tata Steel...

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This Morning in Metals: U.S. jobless claims reach record 3.3M as coronavirus outbreak intensifies

This morning in metals news, U.S. unemployment insurance claims soared last week as the coronavirus outbreak intensified, Thyssenkrupp announced 3,000 layoffs and the United States Trade Representative (USTR) said there had been progress in enforcing s…

This morning in metals news, U.S. unemployment insurance claims soared last week as the coronavirus outbreak intensified, Thyssenkrupp announced 3,000 layoffs and the United States Trade Representative (USTR) said there had been progress in enforcing some provisions of the recently signed Phase One trade deal with China. U.S. jobless claims surge to 3.3M U.S. unemployment...

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This Morning in Metals: Thysskenkrupp sells elevator business for €17.2B

This morning in metals news, German firm Thyssenkrupp announced the sale of its elevator segment, the U.S.’s trade deficit in goods dipped in January and the International Tin Association recently surveyed tin producers regarding the impact of the coronavirus outbreak. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook….

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This morning in metals news, German firm Thyssenkrupp announced the sale of its elevator segment, the U.S.’s trade deficit in goods dipped in January and the International Tin Association recently surveyed tin producers regarding the impact of the coronavirus outbreak. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook....

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Renewables/GOES MMI: Glencore signs cobalt supply deal with Samsung

The Renewables Monthly Metals Index (MMI) held flat for a February MMI reading of 98. (Editor’s Note: This report also includes analysis of grain-oriented electrical steel.) Request a 30-minute demo of the MetalMiner Insights platform now. Glencore signs long-term cobalt supply deal with Samsung Miner Glencore announced Monday that it has signed a five-year cobalt supply…

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The Renewables Monthly Metals Index (MMI) held flat for a February MMI reading of 98. (Editor’s Note: This report also includes analysis of grain-oriented electrical steel.) Request a 30-minute demo of the MetalMiner Insights platform now. Glencore signs long-term cobalt supply deal with Samsung Miner Glencore announced Monday that it has signed a five-year cobalt supply...

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Renewables MMI: Glencore Signs Cobalt Supply Deal with China’s GEM

The Renewables Monthly Metals Index (MMI) slipped one point for an October MMI reading of 98. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Glencore Signs Cobalt Supply Deal with China’s GEM Mining giant Glencore has entered into a cobalt supply agreement with China’s…

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The Renewables Monthly Metals Index (MMI) slipped one point for an October MMI reading of 98. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Glencore Signs Cobalt Supply Deal with China’s GEM Mining giant Glencore has entered into a cobalt supply agreement with China’s...

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This Morning in Metals: General Motors Strike Enters Third Week

This morning in metals news, the nationwide General Motors strike has entered its third week, Norsk Hydro is opening a new aluminum research lab and Thyssenkrupp announced a new CEO will take over Oct. 1. 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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This morning in metals news, the nationwide General Motors strike has entered its third week, Norsk Hydro is opening a new aluminum research lab and Thyssenkrupp announced a new CEO will take over Oct. 1. 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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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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Thyssenkrupp Breakup Talks Resurface as Group Prepares for DAX Exit this Month

No one would argue that Thyssenkrupp has had its fair share of challenges in recent years. Formed from a merger in 1999 between steelmaking giants, Krupp and Thyssen, a recent Sky News article observed, makes them both older than the country of Germany. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s…

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No one would argue that Thyssenkrupp has had its fair share of challenges in recent years. Formed from a merger in 1999 between steelmaking giants, Krupp and Thyssen, a recent Sky News article observed, makes them both older than the country of Germany. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s...

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This Morning in Metals: Thyssenkrupp Elevators, U.S. Steel Investment and Zinc Exploration

This morning in metals news, thyssenkrupp may have to sell its elevator business, U.S. Steel plans to move forward with investments at Gary Works despite idlings and a zinc exploration company filed a bankable feasibility study. Ups and Downs thyssenkrupp may have to sell its successful elevator business to save the German firm’s other segments,…

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This morning in metals news, thyssenkrupp may have to sell its elevator business, U.S. Steel plans to move forward with investments at Gary Works despite idlings and a zinc exploration company filed a bankable feasibility study. Ups and Downs thyssenkrupp may have to sell its successful elevator business to save the German firm’s other segments,...

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This Morning in Metals: China to Impose Tariffs on $75B Worth of U.S. Goods

This morning in metals news, China’s Finance Ministry announced new tariffs on U.S. goods, Germany’s thyssenkrupp is suing over the European Commission’s decision to block a proposed merger with Tata Steel and iron ore prices could continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China to Impose New…

The post This Morning in Metals: China to Impose Tariffs on $75B Worth of U.S. Goods appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news, China’s Finance Ministry announced new tariffs on U.S. goods, Germany’s thyssenkrupp is suing over the European Commission’s decision to block a proposed merger with Tata Steel and iron ore prices could continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China to Impose New...

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