The Rare Earths Monthly Metals Index (MMI) fell 2.7% for the July MMI reading. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. First shipment establishes new US-EU rare earths supply chain Energy Fuels Inc. and Neo Performance Materials […]
Fouad Egbaria
This Morning in Metals: GM sales in China rise 5.2% in Q2
This morning in metals news: General Motors reported strong Q2 sales in China; miner Anglo American said it had completed its first maritime biofuel trial; and, lastly, the copper price has trended sideways so far in July. Receive the latest short-term and long-term outlook for the full range of industrial metals (base and ferrous) at […]
Construction MMI: US construction spending dips in May
The Construction Monthly Metals Index (MMI) rose by 0.9% for this month’s index reading, as U.S. construction spending fell by 0.3% in May from the previous month. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. US construction spending U.S. […]
Week in Review: Aluminum prices remain elevated; auto sales post strong Q2; USW, ATI reach tentative deal
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including coverage of aluminum prices, U.S. auto sales, a Saudi-Emirati oil output spat and much more: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay […]
This Morning in Metals: Steelworkers reach tentative deal to end three-month ATI strike
This morning in metals news: the United Steelworkers union this week announced it had reached a tentative deal with Allegheny Technologies Inc. (ATI) to end a three-month strike; meanwhile, Ford China’s sales rose by 24% in the first half of the year; and, lastly, the U.S. and Mexico announced a course of remediation under the […]
This Morning in Metals: Rio Tinto, POSCO sign climate MoU
This morning in metals news: miner Rio Tinto and POSCO, South Korea’s largest steel producer, have signed a memorandum of understanding (MoU) to work toward a low-carbon-emission steel value chain; meanwhile, Steel Dynamics announced plans to reach carbon neutrality by 2050; and, lastly, U.S. job openings were little changed in May from the previous month. […]
Automotive MMI: Auto sales rose throughout June, Q2 despite supply constraints
The Automotive Monthly Metals Index (MMI) slipped by 0.7% for this month’s index reading, as U.S. auto sales surged in June and Q2. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. US auto sales Among the top […]
This Morning in Metals: U.S. steel capacity utilization rises to 83.0%
This morning in metals news: U.S. steel capacity utilization rose to 83.0% last week; meanwhile, the U.S. Department of Commerce is now requiring and collecting aluminum import licenses; and, lastly, General Motors said it will source U.S.-based lithium. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on […]
This Morning in Metals: US fossil fuel consumption drops to lowest in nearly 30 years in 2020
This morning in metals news: U.S. fossil fuel consumption last year fell to its lowest level in nearly 30 years; nonfarm payroll employment rose by 850,000 in June; and, lastly, the American Iron and Steel Institute commented on the House’s INVEST in America Act. Each month, MetalMiner hosts a webinar on a specific metals topic. […]
Week in Review: USMCA turns 1; metal inventory levels; EU steel safeguards
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner. This week, we touched on the USMCA (which turned 1 on Thursday), Stuart Burns covered the relationship between inventory levels and metals demand, and much more. On the USMCA — […]
