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Metals / Commodities

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…

Steel Prices Inch Higher As UAW Strike Ends

Nov 06, 2023 at 08:21 | Metal Miner

Via Metal Miner   The Automotive MMI (Monthly Metals Index) moved sideways month-over-month, rising in price by just…

Copper's Shifting Significance: From Economic Health To Green Energy

Nov 03, 2023 at 10:12 | ChAI

In a recent Buttonwood column for the Economist, John O'Sullivan laid out a case for retiring the nickname “Dr. Copper” for the ubiquitous red metal. The piece articulates a…

China’s Strategic Export Control Upends Rare Earth Markets

Nov 03, 2023 at 09:16 | Haley Zaremba

China has spent years staking out near-total domination of a laundry list of rare earth minerals with a vital and growing role in clean energy supply chains. The nation has…

Rare Earth Prices Stabilize As Global Production Dynamics Shift

Nov 02, 2023 at 08:58 | Metal Miner

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) recently began to cool down following two months…

Cobalt's Unexpected Plunge Shocks Global Market

Oct 30, 2023 at 08:59 | Metal Miner

Via Metal Miner Analysts once hailed cobalt as a commodity whose price would rise forever. Used in the cathodes of many lithium-ion batteries…

How The EU’s Carbon Tax Scheme Is Reshaping Global Steel Trade

Oct 27, 2023 at 09:05 | Stuart Burns

Via Metal Miner This month saw the launch of the EU’s CBAM policy, a much-needed abbreviation for Carbon…

Aluminum Prices Swing Amid U.S.-EU Tariff Talks

Oct 20, 2023 at 07:10 | Metal Miner

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) moved sideways, with a modest 1.92% rise from…

Central Bank Influence In Question As Gold Price Predictions Unwravel

Oct 19, 2023 at 08:02 | ZeroHedge

Over the past few months, gold prices have completely detached from our model-predicted prices. While we have seen deviations between actual and predicted prices in the…

EV Battery Costs Could Surge By 22%

Oct 17, 2023 at 09:24 | Metal Miner

Via Metal Miner The Renewables MMI (Monthly Metals Index) saw a welcome boost month-on-month, rising 6.27%. Grain-oriented electrical steel, silicon, and…

Glut Of Synthetic Diamonds Sparks Trouble For Lab-Grown Producers

Oct 16, 2023 at 09:15 | ZeroHedge

The second-largest US producer of lab-grown diamonds has filed for bankruptcy amid a massive glut of fabricated gemstones and plunging prices.  Financial Times…

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