Over the past 30 days, scrap steel prices have fallen 3.08%, meaning today's sharp daily drop is consistent with, rather than a sudden departure from, the broader recent trajectory. This kind of consistency between a sharp daily move and an already-established monthly trend suggests …
Despite today's stability, titanium prices have fallen 4.12% over the past month, indicating that the broader trend heading into today's flat reading has been one of gradual, sustained softening rather than a sharp single-event decline. This kind of steady monthly erosion, rather than a …
The specific catalyst behind today's recovery was a surprising US producer price report. Producer prices unexpectedly declined in June, marking the first such decline in nearly a year, weighed down primarily by lower energy costs. Core PPI, which strips out volatile food and energy …
The specific data Warsh's comments are pushing back against is genuinely notable: US producer prices unexpectedly declined in June, the first such decline in nearly a year, while core PPI rose just 0.2%, below forecasts. This followed an already weaker-than-expected consumer inflation report on …
The supportive force behind today's partial recovery is softer US inflation data. Producer prices unexpectedly fell in June, marking the first such decline in nearly a year, driven by lower energy costs, while core PPI rose just 0.2%, below economist forecasts. This followed an …
The supply-side story centers on Chile, where production has declined due to a combination of water shortages, lower ore grades, unplanned maintenance, the ongoing transition from oxide to sulfide ore processing at several mines, and labor disputes. This combination of factors reflects genuine operational …
The profitability backdrop remains genuinely challenging: Chinese steel mills reported widening losses, as elevated coking coal costs and persistently weak finished steel prices continued to squeeze margins from both directions. This kind of margin compression, where input costs rise while output prices stay depressed, …
On the export side, China shipped 57.87 million tons of steel abroad during the first half of the year, down 5.6% from the same period last year. A decline of this magnitude in a country that has long been the world's dominant steel exporter …
A significant driver behind the renewed supply growth was CATL's Jianxiawo mine, among the largest lithium mines in the world, which cleared security permits to restore activity following a prolonged suspension. The return of an operation of this scale to the market represents a …
Deal joins Hycroft after a tenure at First Majestic Silver where he was responsible for overseeing a portfolio of mines and development projects. His experience includes directing large‑scale capital initiatives and leading teams that focused on improving ore‑processing efficiency. While at First Majestic, Deal …