Coronavirus news - steel industry impact.

Steelonthenet.com logo

Latest Coronavirus News


Vanadium Metal Market Size, Share, Consumption, Drivers, Trends ...
Wed, 20 Jan 2021 19:19:03 GMT
Final Report will add the analysis of the impact of COVID-19 on this industry. Global Vanadium Metal Market
https://www.marketwatch.com/press-release/vanadium-metal-market-size-share-consumption-drivers-trends-forces-analysis-and-competitive-strategies-forecast-till-2026-2021-01-08


Mining News - NWT miners clear 2020 hurdles
Mon, 18 Jan 2021 12:06:00 GMT
For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But the few explorers and producers focused on Northwest Territories, the year proved to be quite productive, even as a global coronavirus pandemic added expensive restrictions to already costly campaigns. Rigorous restrictions imposed by local and federal officials to quell potential...
https://www.miningnewsnorth.com/story/2021/01/19/mining-explorers-2020/nwt-miners-clear-2020-hurdles/6605.html


Mining News - Few seek new mineral deposits
Mon, 18 Jan 2021 12:06:00 GMT
Already headed toward the lowest level of annual mineral exploration spending in nearly two decades, the mining industry in Nunavut got broadsided by the coronavirus pandemic in 2020. Travel and workplace restrictions quickly imposed last spring by federal and local authorities to prevent the spread of the disease to the northern territory led some companies to cancel or postpone planned...
https://www.miningnewsnorth.com/story/2021/01/19/mining-explorers-2020/few-seek-new-mineral-deposits/6606.html


METALS-Copper retreats, zinc near 2-month low on coronavirus ...
Fri, 15 Jan 2021 00:00:00 GMT
Copper prices dropped on Friday and zinc touched the lowest in nearly two months as investors trimmed some of their bullish positions on the back of rising coronavirus cases around the world, threatening economic growth.
https://www.reuters.com/article/global-metals/metals-copper-retreats-zinc-near-2-month-low-on-coronavirus-surge-idINL1N2JQ0M5


Mining News - Mountain Province looks forward to 2021
Thu, 14 Jan 2021 17:33:00 GMT
After enduring the multiple challenges of being a diamond miner through the COVID-19 pandemic, Mountain Province Diamonds Inc. ended 2020 strong and is positioned well for 2021. 'Under very difficult circumstances, all driven by COVID-19, the Gahcho Ku Mine has performed well in being able to maintain production albeit at a reduced level and came very close to the revised guidance in...
https://www.miningnewsnorth.com/story/2021/01/15/news/mountain-province-looks-forward-to-2021/6615.html


Posthaste: Why the world may be on the cusp of a new commodity ...
Wed, 13 Jan 2021 19:19:01 GMT
Good morning Some analysts are looking past the current ugliness of COVID-19 spread and slow vaccine rollouts across the world, and believe the trillions of dollars in fiscal stimulus, low interest rates and a global focus on climate change would trigger a new commodity super cycle.
https://www.msn.com/en-ca/money/topstories/posthaste-why-the-world-may-be-on-the-cusp-of-a-new-commodity-super-cycle/ar-BB1cGya0?pfr=1


SMM Morning Comments (Jan 5): Shanghai base metals were mostly ...
Wed, 06 Jan 2021 03:19:03 GMT
Nonferrous metals on the SHFE were mostly higher on Tuesday morning, and their counterparts on the LME rose across the board, following an overnight drop on Wall Street as fears surrounding the coronavirus pandemic lingered.
https://news.metal.com/newscontent/101363080/SMM-Morning-Comments-Jan-5:-Shanghai-base-metals-were-mostly-higher-following-overnight-Wall-Street-plunge/


Sandvik Provides An Update On Cost Measures And Savings
Tue, 05 Jan 2021 00:00:00 GMT
Sandvik provides an update on cost measures and savings Sandvik has initiated measures across the Group to mitigate effects from the covid-19 pandemic, with actions supporting savings both short-term and long-term. Currently, Sandvik provides an update on the...
https://www.stainless-steel-world.net/news/93082/sandvik-provides-an-update-on-cost-measures-and-savings.html


Top five China commodities to eye for growth in 2021
Tue, 29 Dec 2020 00:04:06 GMT
By Emily Chow SHANGHAI Reuters - A China-led economic recovery should boost demand for these commodities in 2021 after COVID-19 roiled global markets in 2020. COPPER Iron ore and steel...
http://uk.investing.com/news/commodities-news/top-five-china-commodities-to-eye-for-growth-in-2021-2272825


Mining News - COVID exposes chink in US metal armor
Wed, 23 Dec 2020 04:27:00 GMT
In addition to dealing a major blow to the economy, the COVID-19 pandemic has shined a spotlight on a chink in the United States' economic and security armor an overreliance on foreign countries for the minerals and metals that lie at the frontend of American supply chains. 'The COVID-19 pandemic has shown how delicate our supply chains are and that should be a wakeup call for all...
https://www.miningnewsnorth.com/story/2020/12/31/critical-minerals-alaska-2020/covid-exposes-chink-in-us-metal-armor/6485.html


Australias iron ore miners cashing in, while manufacturers on ...
Tue, 22 Dec 2020 00:00:00 GMT
Australias iron ore miners are enjoying a $26 billion pre-Christmas windfall as prices for the steel-making necessity soar, but manufacturing is struggling with 84 per cent of members within the sector fearing the coronavirus pandemic will continue to hurt their futures. Forecasts from the Industry Department released on Monday show the surge in iron ore prices which have climbed about $US130 a tonne over the past month will likely translate into a record $123 billion worth of exports
https://www.hellenicshippingnews.com/australias-iron-ore-miners-cashing-in-while-manufacturers-on-edge/


Soaring metals prices signal bets on global economic recovery
Sun, 06 Dec 2020 00:00:00 GMT
Investors are piling into wagers on industrial metals like copper and nickel, betting that coronavirus vaccines and stimulus programs will drive a boom in manufacturing activity as part of a global economic resurgence.
https://www.theaustralian.com.au/business/the-wall-street-journal/soaring-metals-prices-signal-bets-on-global-economic-recovery/news-story/c44e65cc438511d700d14f8aa1696f6b



Number of pandemic news reports: 12
Subscribers get access to full set of news releases (up to 20 reports).
Click here to subscribe.





store

ONLINE STORE

Purchase steel plant capacity reports, capex cost data, cost models, freight cost estimates, steel market reports and more...

VISIT ONLINE STORE



Copyright © 2001 - 2021 Steelonthenet.com. All rights reserved.
Reports on impact of Coronavirus on the steel industry.