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Aluminum Prices Chase 2023 Highs

Aluminum Prices Chase 2023 Highs

Aluminum prices continue to rally,…

Metals / Commodities

Falling Nickel Prices Weigh Heavy on Stainless Steel Industry

Dec 22, 2023 at 08:47 | Metal Miner

Via Metal Miner Nickel prices remained within a strong downtrend throughout November, hitting their lowest level since April 2021. While prices appeared to stabilize during…

Nippon Steel Takes Over U.S. Steel in Monumental $14.9 Billion Deal

Dec 20, 2023 at 08:26 | Metal Miner

Via Metal Miner US steel news sources and markets were abuzz on December 18 over Nippon Steel’s purchase of U.S Steel. The $14.9 billion…

Surging Steel Prices Defy Manufacturing Slowdown

Dec 19, 2023 at 07:56 | Metal Miner

Via Metal Miner   While the Raw Steels Monthly Metals Index (MMI) rose 6.43% from November to December,…

Russian Uranium Company Warns of Potential Export Ban

Dec 18, 2023 at 08:56 | ZeroHedge

Oil isn't the only commodity at the center of tensions between the U.S. and Russia... Now Russian state-owned uranium company Tenex is telling American customers that…

The World Could Soon Face A Copper Supply Deficit

Dec 14, 2023 at 08:47 | ZeroHedge

The world is sliding into a copper deficit over the next couple of years as one of the world's largest copper mines was forced to shutter operations…

Australia’s Iron Ore Exports Face Uncertain Future

Dec 13, 2023 at 08:32 | Metal Miner

An expected slowdown in China’s uptake and a world that is increasingly moving toward “green” iron ore and steel will be two crucial drivers affecting the future of iron production.…

What Caused the Dramatic Drop in Lithium Prices?

Nov 24, 2023 at 08:14 | ZeroHedge

The price of battery-grade lithium carbonate has crashed in the last 12 months. This downward pressure is attributed to oversupplied markets in Asia, primarily because the global adoption…

Tesla Leading Global Race to Develop Sustainable EV Batteries

Nov 22, 2023 at 08:22 | Haley Zaremba

The electric vehicle industry has a new priority: finding a way to make batteries without the need for lithium, cobalt, and other rare earth minerals. Not only are these minerals…

Manufacturing in Major Economies Continues Downward Trend

Nov 22, 2023 at 08:10 | City A.M

Order books for manufacturing firms fell to their weakest level since early 2021, quashing hopes of a recovery in the sector. According to the Confederation of…

Copper Prices Inch Higher on Shifting Sentiment

Nov 21, 2023 at 08:35 | City A.M

Copper prices have started to gradually nudge higher on the expectation that demand from China will pick up in the future. Copper prices nudged up one…

Offshore Wind Project Cancellations Add to Copper Demand Concerns

Nov 20, 2023 at 07:33 | Metal Miner

Via Metal Miner Although they appear on the rebound from last month’s lows, copper prices have yet to break out of their long-term…

2.8 Billion Tonnes of Metals Extracted Globally in 2022

Nov 20, 2023 at 07:25 | ZeroHedge

In 2022, 2.8 billion tonnes of metals were mined throughout the world - while major industries that directly consume processed mineral materials contribute 14% of the…

Potential Tariffs on Chinese EV Imports Stir Global Trade Concerns

Nov 17, 2023 at 08:35 | Metal Miner

Via Metal Miner The Renewables MMI (Monthly Metals Index) remains volatile, especially when it comes to EV battery…

British Steel's Bold Plan to Combat Emissions with Electric Furnaces

Nov 17, 2023 at 08:08 | Metal Miner

Via Metal Miner British Steel recently told steel news sources of a £1.25 billion ($1.53 billion) project to replace its blast furnace operations…

Aluminum Prices Struggle As Demand Dwindles

Nov 14, 2023 at 08:09 | Metal Miner

Via Metal Miner Although they fell 4.29% throughout October, aluminum prices remain trapped within a sideways trend established back in July. Prices retraced…

The Surprising Scarcity Of Suitable Sand

Nov 13, 2023 at 08:51 | Kurt Cobb

The single most abundant element in the Earth's crust is oxygen making up 46.6 percent of the mass. The second most abundant element…

U.S. Infrastructure Projects Boost Steel Demand

Nov 10, 2023 at 07:23 | Metal Miner

Via Metal Miner The Construction MMI (Monthly Metals Index) continued to lack strong bullish or bearish pressure month-over-month.…

ArcelorMittal Takes Legal Action Against Liberty Steel Over Unpaid Debt

Nov 09, 2023 at 08:42 | Metal Miner

Via Metal Miner ArcelorMittal recently obtained a freeze order from a Singaporean court against Liberty Steel. The order totals €140 million ($150…

Silicon Valley Mining Firm Eyes Opportunity In DRC

Nov 08, 2023 at 08:02 | ZeroHedge

Bill Gates is reportedly backing a mining startup that is getting close to "investing" in the Democratic Republic of Congo - which is, of course, a nice way…

Steel Prices Rise As Supply Tightens

Nov 08, 2023 at 08:00 | Metal Miner

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) rose 2.53% from September to October. Roughly six…

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