The Construction Monthly Metals Index (MMI) held flat for this month’s reading. With volatile steel markets, knowing which strategy to execute and when can make all the difference between saving and losing money. See how MetalMiner looks at different market scenarios. US construction spending ticks up in April U.S. construction spending reached a seasonally adjusted […]
Fouad Egbaria
This Morning in Metals: Job openings hit record high 9.3 million in April
This morning in metals news: as the U.S. economy reopened, job openings hit a record high in April; meanwhile, steel prices continue to rise; and, lastly, emissions from the electric power sector have declined as it has shifted from coal to natural gas. The MetalMiner Best Practice Library offers a wealth of knowledge and tips […]
This Morning in Metals: Biden administration releases 100-day supply chain review
This morning in metals news: the Biden administration today released a 250-page report detailing the findings of its 100-day supply chain review; meanwhile, the US steel capacity utilization rate ticked up to 82.3%; and, lastly, the U.S. goods and services deficit fell in April compared with the previous month. Each month, MetalMiner hosts a webinar […]
Automotive MMI: US automakers post record auto sales in May
The Automotive Monthly Metals Index (MMI) rose by 4.5% for this month’s reading, as many automakers posted record auto sales in May. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. US auto sales Among monthly reporters, Ford Motor Co. reported its total sales in the US […]
This Morning in Metals: Nucor to acquire insulated metal panels business
This morning in metals news: Nucor Corporation today announced it will acquire Cornerstone Building Brands‘ insulated metal panels business; the oil price approached $70 per barrel to close last week; and the aluminum price has retraced over the last month. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars […]
Week in Review: Iron ore shows volatility; hot rolled coil prices rise; China relaxes rare earths production quotas
Before we head into the weekend, let’s take a look back at the week that was and the metals news here on MetalMiner, including iron ore volatility, rare earths production quotas in China and much more: We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. Week of May […]
This Morning in Metals: Nonfarm payroll employment rises by 559,000
This morning in metals news: US nonfarm payroll employment rose by 559,000 in May; the EU plans to impose carbon emissions costs on imports of steel, cement and electricity, Reuters reported; and the LME copper price dropped below $10,000 per metric ton. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the […]
This Morning in Metals: General Motors to increase deliveries to US, Canadian customers
This morning in metals news: General Motors says it will increase vehicle deliveries to customers in the US and Canada; US nonfarm business sector labor productivity rose by 5.4% in the first quarter; and crude oil prices continue to rise. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars […]
This Morning in Metals: Steel capacity utilization rate rises to 81.5%
This morning in metals news: the US steel capacity utilization rate reached 81.5% last week; meanwhile, miner Glencore announced a new liquefied natural gas supply agreement; and, lastly, G7 trade ministers issued a joint communiqué covering market and trade distortions by state enterprises. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore […]
This Morning in Metals: US personal consumption expenditure rises in April
This morning in metals news: US personal consumption expenditure rose in April; meanwhile, Norsk Hydro is teaming up on an offshore wind project in the Norwegian North Sea; and, lastly, the United Steelworkers asked the Biden administration for clarification on its domestic mining stance. More MetalMiner is available on LinkedIn. US personal consumption expenditures rises […]
