This month the Aluminum Monthly Metals Index (MMI) remained flat, as the Department of Commerce announced the creation of a new Aluminum Import Monitoring and Analysis system. Does aluminum content call to you? We’re rolling out more on LinkedIn. New Aluminum Import Monitoring system On Dec. 23, 2020, the U.S. Department of Commerce announced the […]
Year: 2021
This Morning in Metals: U.S. average retail gas price dropped to lowest since 2016 last year
This morning in metals news: U.S. average gas prices fell to their lowest level since 2016 last year; the U.S. Treasury announced sanctions against Iran’s steel industry; and Ford Motor Co. released its Q4 2020 U.S. sales results. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for […]
Automotive MMI: General Motors posts strong Q4 in U.S. sales
The Automotive Monthly Metals Index (MMI) jumped 4.9% for this month’s index reading, as General Motors posted a strong Q4 in the U.S. market. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. General Motors posts strong Q4 In the U.S., General Motors reported Q4 sales […]
Brexit aftermath: U.K.-E.U. reach deal, but much is left to be decided
After four and a half years and unprecedented social and political discord, it has finally happened: the United Kingdom has left the European Union with the bare bones of a free trade agreement. More MetalMiner is available on LinkedIn. Bare bones free trade agreement It took until Christmas Eve — ahead of the Dec. 31 […]
This Morning in Metals: AISI releases first weekly raw steel production numbers of 2021
This morning in metals news: the American Iron and Steel Institute released its first report on U.S. raw steel production for 2021; Nippon Steel eyes its net-zero emissions goals; and, lastly, the U.S. hot-rolled coil price continues to surge. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting […]
January 2021 Monthly Metal Outlook report is out
We have officially turned the page on 2020. Buyers should make sure to equip themselves with the knowledge to source smartly after what was a volatile 2020. In that vein, the MetalMiner Monthly Metal Outlook (MMO) report for the month of January is now available. In addition, readers will find news, analysis and much more […]
After a difficult 2020 for oil, could it bounce back in 2021?
The oil price is caught between a short-term recovery and the medium-term prospect of peak oil, as countries ramp up programs to decarbonize by switching power generation sources and banning internal combustion engines (ICE). The oil price has been seesawing between vaccine optimism and pandemic pessimism. Yet, it has managed a gradual recovery from its […]
This Morning in Metals: Ford, Mahindra end joint venture talks
This morning in metals news: Ford Motor Co. and Mahindra announced the mutual decision to end joint venture talks; the Energy Information Administration released its quarterly coal report; and, finally, the zinc price has retraced. Become part of the MetalMiner LinkedIn group and stay connected to trends we’re watching and interesting metal facts. Ford, Mahindra […]
Turkey steel exports draw interest due to location, lower costs
While Turkey’s finished steel products enjoy local demand, lower costs and the country’s location between Europe and Asia have also made steel exports from there attractive, market watchers told MetalMiner. Turkey’s trade in steel exports came to 9.4 million mt in the first seven months of 2020. The total is down 12.1% year over year […]
