Taras Berezowsky

The American Iron and Steel Institute (AISI) 2015 General Meeting closed just yesterday here in Chicago, where steel industry folks on the producer and service center sides (to name a couple) came together to discuss key issues surrounding the US steel market landscape, while leaving a crucial issue explicitly unmentioned – but we’ll get to that in […]

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In the “news-that-may-not-be-news-to-you” department, we wanted to keep you posted on our site’s mobile-friendly interface. This indeed may not be news to you if you’ve navigated over to MetalMiner using your iPhone, iPad, Samsung Galaxy, Microsoft Surface, Kindle Fire or [insert highfalutin’ smartphone or tablet here], as MM has been mobile-friendly for quite a while now. However, […]

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It’s here! At 9 a.m. CT/10 a.m. ET today (register here, now) Lisa Reisman of MetalMiner and Ian Krol of Bolero (along with MetalMiner’s Stuart Burns and David Gustin of Trade Financing Matters) are about to rock your world on the following: – A 3- and 6-month forecast for major metals including: steel, aluminum, copper and […]

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Although MetalMiner’s “crystal ball” may be going through a few tweaks and changes – and you, the readers, will be first to know when it goes down – we still want to give you a preview of our steel and stainless steel price forecasts before our free live webinar tomorrow, Friday April 24, where you’ll get our […]

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As we’ve heard many times before from our readers, conference attendees and loyal followers, “We’re not as interested in where metal prices have been, we’re much more interested in where prices are going.” We at MetalMiner have done our best to heed the call, from our daily coverage all the way up to our monthly […]

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Ontario, Canada just decided to undertake a cap-and-trade approach in reducing their greenhouse gas emissions, joining its Frenchier neighbor Quebec and the US state of California under the so-called Western Climate Initiative and its cap-and-trade program, to invest further in a green future.

Free Webinar: MetalMiner’s Q2 and Q3 2015 Forecasts

It remains to be seen how Canada’s oil sector – and a host of other industrial sectors, especially those with operations in Ontario – will fare under the cap-and-trade scheme.

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With April's reading, MetalMiner's monthly price index tracking metals used in the automotive industry has stanched its general downward slide – the index dipped below the baseline of 100 in February 2014 and has been trending down since. The monthly Automotive MMI® registered a value of 85 in April, on par with March's value (check out last month's report). But with most base metals markets in a bearish mode, this index may have further to fall.

The downward slide had particularly begun accelerating in Q4 of last year and has continued through Q1 2015, a sign that the auto index's basket of metals has seen the same bearish treatment as the Raw Steels, Stainless and Aluminum MMIs.

US Auto Sales 'n Oil Prices–March 2015

Of the US Big Three, GM and Ford's March sales both dropped this year compared to March 2014, while Chrysler gained nearly 2% in its monthly sales over last year. However, both GM and Chrysler's year-to-date sales so far in 2015 are quite robust over the same amount of time in 2014 (5.3% and 6.5%, respectively), while Ford's YTD sales are also in the green.

Bargain-basement oil prices have helped consumers at the gas pump, which in turn has spurred sales. Light truck sales, for example, have been outpacing car sales for the past 15 months, and have spiked to their highest level in several years in March 2015. Primary metal producers are on the bullish demand bandwagon as well – Alcoa recently received the promise of government cash for lightweight auto-grade aluminum production.

Essentially, the automotive OEMs and their suppliers should be paying close attention to our Automotive MMI® trend – with finished steel, aluminum, platinum and palladium at multi-month lows, while consumer vehicle demand appears to be high, some spot buying could be in order...but we can't say for sure how much further this index has to fall. MetalMiner will, however, be offering an exclusive automotive metal market outlook...

SRM Automotive Summit

If you happen to be in Southeast Michigan in May – and chances are, if you work for an auto OEM or many of their suppliers, you already will be – join MetalMiner Executive Editor Lisa Reisman at the POOL4TOOL SRM Automotive Summit, to be held at the Townsend Hotel in Birmingham on Friday, May 22.

Lisa will present "Sourcing Strategies for the Automotive Metals: H2 2015." Don't miss out this analysis and a great overall event – register here.

This Month's Actual Metal Prices: Automotive MMI®

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In February, we told you about Assistant Editor Jeff Yoders’ nominations in two categories for the 2015 Jesse H. Neal Awards from American Business Media.

A Building Design + Construction team series that included Jeff’s BIM coverage – “5 tech trends transforming BIM/VDC” – won the Neal Award for Best Subject-Related Package last week.

After being notified of his win last Friday, Yoders checked out a giant “win second Neal Award” box on a large t0-do list in the MetalMiner conference room and announced his retirement.

Jeff wrote two parts of the five-part series including an examination of how the Department of Energy overhauled its EnergyPlus building simulation program and another about tech trends that are transforming building information modeling and virtual design and construction.

“Back when I started writing about BIM and VDC in 2005, I vowed that I would not rest until we revolutionized the way construction projects are procured and delivered,” Yoders said. “Well, at long last, that day is here. Well, bye!”

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Jonathan Ive concludes his introduction of the Apple Watch with a flourish, in a video featured on Apple’s site.

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The Chinese Lunar New Year has gotten off to quite a slow start, as far as industrial metal markets are concerned. Free Download: Cut Your Shipping Costs The last 18 months have been anything but happy for China’s economy, with their economy expanding at its worst pace in 24 years last year, coming in at […]

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