MetalMiner

MetalMiner provides sourcing and trading intelligence for global metals markets. Follow us for curre

This Morning in Metals: Nucor to build rebar micro mill 12/07/2021

This Morning in Metals: Nucor to build rebar micro mill This morning in metals news: Nucor Corporation announced plans to build a rebar micro mill; oil prices fell last week; and, lastly, tin prices have

Week in Review: European hot rolled coil prices slide; Alcoa announces restart; oil prices fall 12/04/2021

Week in Review: European hot rolled coil prices slide; Alcoa announces restart; oil prices fall Before we head into the weekend, let's take a look back at the week that was and the metals storylines here on MetalMiner: Cut-to-length adders. Width and

This Morning in Metals: Tin prices on the rise 12/04/2021

This Morning in Metals: Tin prices on the rise This morning in metals news: tin prices have surged; Norsk Hydro announced the end of a previously announced battery initiative; and, lastly,

NLMK to boost Mill 2000’s capacity by 7% after reheating furnace overhaul 12/03/2021

NLMK to boost Mill 2000’s capacity by 7% after reheating furnace overhaul Novolipetsk Iron & Steel (NLMK) is undertaking at its main production site in Russia upgrade work on one of the slab reheating furnaces, which will

This Morning in Metals: OPEC meets as oil prices retreat 12/03/2021

This Morning in Metals: OPEC meets as oil prices retreat This morning in metals news: OPEC held its 23rd ministerial meeting today amid falling oil prices; meanwhile, the United States International Trade

Chile's Codelco forecasts lower copper prices in 2022 12/03/2021

Chile's Codelco forecasts lower copper prices in 2022 Chilean copper producer Codelco, the world's largest, indicated it could see copper prices coming down in 2022. According to a Reuters report, Codelco CEO

This Morning in Metals: US steel capacity utilization down to 83.2%, steel prices muted 12/02/2021

This Morning in Metals: US steel capacity utilization down to 83.2%, steel prices muted This morning in metals news: the U.S. steel capacity utilization rate fell to 83.2% last week; North American Stainless maintained its stainless steel

Aluminum supply to get boost from Alcoa restart; Midwest premium eases 12/01/2021

Aluminum supply to get boost from Alcoa restart; Midwest premium eases Recently, MetalMiner's Stuart Burns delved into the aluminum market deficit, one in which limited aluminum supply and elevated delivery premiums have been

Tin prices gain momentum as Indonesia mulls tin, copper export bans 12/01/2021

Tin prices gain momentum as Indonesia mulls tin, copper export bans Two years ago, Indonesia instituted a ban on nickel ore exports. Now, it is contemplating banning exports of tin and copper ore, too. You want more

This Morning in Metals: GM buys stake in electric boating company 11/30/2021

This Morning in Metals: GM buys stake in electric boating company This morning in metals news: General Motors announced it had purchased a stake in Pure Watercraft, a firm specializing in "all-electric boating

European HRC prices fall as auto sales slump 11/30/2021

European HRC prices fall as auto sales slump Lower auto sales in Europe have put West European hot rolled coil prices under pressure. However, demand from construction is nonetheless helping to

Tin prices gain momentum as Indonesia mulls tin, copper bans 11/30/2021

Tin prices gain momentum as Indonesia mulls tin, copper bans Two years ago, Indonesia instituted a ban on nickel ore exports. Now, it is contemplating banning exports of tin and copper ore, too. You want more

Happy Thanksgiving from the MetalMiner team 11/26/2021

Happy Thanksgiving from the MetalMiner team While you may be busy putting the finishing touches on your Thanksgiving spread and, subsequently, taking a turkey-induced nap, you might find some time

US will release 50 million barrels of oil from its strategic reserves — will it affect prices? 11/25/2021

US will release 50 million barrels of oil from its strategic reserves — will it affect prices? Well, so far, the simple answer to the question posed in the headline is "no." On Tuesday, the White House announced the Department of Energy will "make

This Morning in Metals: US GDP up 2.1% in Q3, BEA reports in second estimate 11/25/2021

This Morning in Metals: US GDP up 2.1% in Q3, BEA reports in second estimate This morning in metals news: U.S. GDP increased by 2.1% in Q3 2021, the Bureau of Economic Analysis reported in its latest estimate; new home sales

Global steel production falls 10.6%; steel prices soften but remain elevated 11/25/2021

Global steel production falls 10.6%; steel prices soften but remain elevated Yesterday, MetalMiner's Stuart Burns touched on the aluminum market and plummeting inventories, a trend in stark contrast to former times of plenty.

This Morning in Metals: Construction to begin Q2 2022 for Norsk Hydro aluminum recycling plant in Michigan 11/24/2021

This Morning in Metals: Construction to begin Q2 2022 for Norsk Hydro aluminum recycling plant in Michigan This morning in metals news: Norsk Hydro plans to begin construction on its new aluminum recycling plant in Cassopolis, Michigan, in Q2 2022; meanwhile,

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