This Morning in Metals: Job openings unchanged in August

This morning in metals news: the number of U.S. job openings showed little movement in August, the Bureau of Labor Statistics reported; U.S. Steel’s Keetac mine remains closed; and winter heating bills are likely to be a little higher than last year’s, per the Energy Information Administration. The MetalMiner 2021 Annual Outlook consolidates our 12-month…

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This morning in metals news: the number of U.S. job openings showed little movement in August, the Bureau of Labor Statistics reported; U.S. Steel’s Keetac mine remains closed; and winter heating bills are likely to be a little higher than last year’s, per the Energy Information Administration. The MetalMiner 2021 Annual Outlook consolidates our 12-month...

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This Morning in Metals: U.S. Steel’s Q3 guidance features $100M loss

This morning in metals news: U.S. Steel’s Q3 guidance included a $100 million loss despite improving conditions; the United States International Trade Commission (USITC) made a sunset review determination related to kitchen appliance shelving and racks; and a subsidiary of Norsk Hydro entered into a contract with Spanish aluminum company Alu Iberica. We’re offering timely…

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This morning in metals news: U.S. Steel’s Q3 guidance included a $100 million loss despite improving conditions; the United States International Trade Commission (USITC) made a sunset review determination related to kitchen appliance shelving and racks; and a subsidiary of Norsk Hydro entered into a contract with Spanish aluminum company Alu Iberica. We’re offering timely...

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This Morning in Metals: U.S. steel prices rise

This morning in metals news: steel prices have been making gains; the WTI crude price moved up; and Vale plans to increase its iron ore output. Upcoming negotiation on your steel buy? Make sure you know how your service centers will negotiate with you.  Steel prices rise U.S. steel prices are on the rise, but…

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This morning in metals news: steel prices have been making gains; the WTI crude price moved up; and Vale plans to increase its iron ore output. Upcoming negotiation on your steel buy? Make sure you know how your service centers will negotiate with you.  Steel prices rise U.S. steel prices are on the rise, but...

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This Morning in Metals: U.S. Steel reports Q2 net loss of $589M

This morning in metals news: U.S. Steel released its second-quarter earnings results; Nucor Corporation also reported its own financial earnings; and the Federal Reserve opted to maintain its federal funds rate. U.S. Steel posts Q2 results U.S. Steel, …

This morning in metals news: U.S. Steel released its second-quarter earnings results; Nucor Corporation also reported its own financial earnings; and the Federal Reserve opted to maintain its federal funds rate. U.S. Steel posts Q2 results U.S. Steel, like other steelmakers, struggled in the second quarter, recording a net loss of $589 million. Metal prices...

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This Morning in Metals: U.S. Steel to restart Gary Works blast furnace

This morning in metals news: U.S. Steel plans to restart another blast furnace at its Gary Works; imports of blooms, billets and slabs from Japan have seen a significant jump this year; and silver prices have surged to a seven-year high. U.S. Steel to …

This morning in metals news: U.S. Steel plans to restart another blast furnace at its Gary Works; imports of blooms, billets and slabs from Japan have seen a significant jump this year; and silver prices have surged to a seven-year high. U.S. Steel to restart Gary Works blast furnace U.S. Steel will restart another blast...

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This Morning in Metals: U.S. Steel to restart blast furnace at Gary Works

This morning in metals news: amid improving demand, U.S. Steel plans to restart a blast furnace at its Gary Works; the United States-Mexico-Canada Agreement (USMCA) went into effect today; and China could be aiming to diversify its iron ore supply port…

This morning in metals news: amid improving demand, U.S. Steel plans to restart a blast furnace at its Gary Works; the United States-Mexico-Canada Agreement (USMCA) went into effect today; and China could be aiming to diversify its iron ore supply portfolio. U.S. Steel to restart Gary Works blast furnace U.S. Steel plans to restart a...

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This Morning in Metals: Copper prices surge this week

This morning in metals news, copper prices looked to be on their way to their largest weekly gain in over a year, U.S. Steel has begun the process of indefinitely idling its Lorain Tubular Operations and miner Freeport-McMoRan released its 2019 Annual …

This morning in metals news, copper prices looked to be on their way to their largest weekly gain in over a year, U.S. Steel has begun the process of indefinitely idling its Lorain Tubular Operations and miner Freeport-McMoRan released its 2019 Annual Report on Sustainability. Copper prices gain Copper prices were on their way to...

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This Morning in Metals: GM to ramp up production of pickups, SUVs

This morning in metals news, General Motors is planning to increase production of its popular pickups and SUVs, U.S. Steel announced a long-term iron ore supply deal, and copper prices have made some gains today. GM increases production of pickup truck…

This morning in metals news, General Motors is planning to increase production of its popular pickups and SUVs, U.S. Steel announced a long-term iron ore supply deal, and copper prices have made some gains today. GM increases production of pickup trucks, SUVs As automakers resumed production last month, General Motors has opted to ramp up...

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This Morning in Metals: U.S. steel capacity utilization hits 52.7% last week

This morning in metals news, the U.S. steel sector’s capacity utilization rate for the week ending May 16 hit 52.7%, U.S. Steel announced an iron ore sales agreement and the United States International Trade Commission (USITC) is holding a five-year sunset review of duties on oil country tubular goods from several countries. Looking for metal…

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This morning in metals news, the U.S. steel sector’s capacity utilization rate for the week ending May 16 hit 52.7%, U.S. Steel announced an iron ore sales agreement and the United States International Trade Commission (USITC) is holding a five-year sunset review of duties on oil country tubular goods from several countries. Looking for metal...

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Raw Steels MMI: Steel sector eyes demand pickup as automakers prepares to restart production

The Raw Steels Monthly Metals Index (MMI) held flat this month. Steel production suspensions continue amid COVID-19 crisis The steel sector has taken a major hit as a result of the COVID-19 crisis, with firms adjusting for lighter order books and deman…

The Raw Steels Monthly Metals Index (MMI) held flat this month. Steel production suspensions continue amid COVID-19 crisis The steel sector has taken a major hit as a result of the COVID-19 crisis, with firms adjusting for lighter order books and demand and, in many cases, opting to suspend production. Looking for metal price forecasting...

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