by Lisa Reisman on May 7, 2012
Style: Industry News
Category: Automotive, Ferrous Metals, Manufacturing, Metal Fabricated Parts, Non-ferrous Metals, Product Developments
Keywords: Aluminum, cafe standards, Ford Motor Co, hot dipped galvanized steel, Steel, USA, Zinc, zinc coated steel
Last week I had the pleasure of speaking at the American Metal Market Galvanized and Coated Steel conference held in Detroit. The conference logically examined some of the underlying market dynamics of materials used in automotive production – hot dipped galvanized steel and aluminum. And clearly the regulatory environment stemming from both new CAFE standards as [...]
My other half just penned a piece about a new B2B service offering likely to create substantial disruption in industrial manufacturing supply markets – Amazon Supply. That’s right, Amazon.com, that place we have all grown accustomed to purchasing a broad array of goodies (we actually buy all of our office supplies from Amazon) has now [...]
Aluminum buyers will soon have a new commodity risk management tool at their disposal – the CME will shortly launch its Midwest Aluminum Swap futures contract. We view this as a huge opportunity for any buying organization sourcing semi-finished aluminum products within the United States. The contract will begin trading on April 30. Today, many [...]
by Lisa Reisman on April 12, 2012
Style: Industry News
Category: Ferrous Metals, Metal Prices, MetalMiner IndX, Non-ferrous Metals
Keywords: Aluminum, China, Coking Coal, Ferro Alloys, India, Iron Ore, Japan, LME, Nickel, Scrap Metal, Stainless Steel, Steel, USA
Chinese 304 Stainless Steel Scrap Prices Fall 3.7 Percent Chinese 304 stainless steel scrap saw the biggest price shift of the day in stainless prices, dropping 3.7 percent on April 11, 2012. For the fifth consecutive day, Chinese 304 stainless coil prices held flat near $3,000 per metric ton. Chinese 316 stainless coil prices saw [...]
by Lisa Reisman on April 12, 2012
Style: Industry News
Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals, Precious Metals
Keywords: Copper, Gold, India, Japan, LME, Palladium, Platinum, Precious Metals, Silver
US Copper Producer Grade 110 Price Collapses The price of US copper producer grade 110 saw the biggest price shift of the day, dropping 5.2 percent on April 11, 2012. US copper producer grade 102 prices saw a one percent decline. Following two days of dropping rates, the cash price of Japanese primary copper flattened [...]
I recently came across a newsletter article with great relevance to MetalMiner readers – How to Fix Index Based Pricing – that offered up three suggestions for individuals seeking to develop a price indexing schema for purchases. The author states a hypothesis often not articulated by the purchasing organization – having a “fixed, predictable price is just [...]
by Lisa Reisman on April 11, 2012
Style:
Category: Commodities, Sourcing Strategies
Keywords: Aluminum, Conflict Minerals, Copper, MetalMiner, Nickel, Rare Earth Metals, Stainless Steel, Steel, Titanium
MetalMiner (and our parent organization, Azul Partners) has been quietly building up a cool business the past few years. The only thing increasing faster at the moment than our revenue and cross-site traffic — we’re currently up to nearly 100,000 unique visitors and over 300,000 visits per month across our four sites — is the [...]
Time to check in on our performance regarding steel price forecasts and prognostications, which we tend to do in January of each year. Ever since I heard Jorge Vazquez of Harbor Aluminum suggest the notion of a “good month to buy aluminum” (which I found so peculiar, if not downright intriguing – you’ll have to [...]