The Automotive MMI (Monthly Metals Index) increased by 4.47% month over month. The primary culprit for the bullish sentiment was hot-dipped galvanized prices rising due to tariff anticipation from the automotive industry. U.S. Automotive Industry Faces Rising Costs and Trade Challenges The U.S. automotive sector is grappling with economic pressures that could alter its operational […]
Rare Earths MMI: Oval Office Blowout: Will the Ukrainian Rare Earths Deal Still Happen?
The Rare Earths MMI (Monthly Metals Index) experienced a spike in price action month-over-month, rising by 7.4%. The recent tariffs on China, the top global supplier of rare earths, caused a short-term upward trend for many of the elements in the index. Meanwhile, Ukraine’s mineral reserves have attracted considerable international attention, particularly from President Trump. […]
Global Precious Metals MMI: How Long Will the Gold Bull Train Last?
The Global Precious Metals MMI (Monthly Metals Index) experienced a significant rise month-over-month, shooting up 7.36%. The past month proved a whirlwind for the precious metal prices, with each metal reacting to shifting economic conditions and recent policy changes. Palladium: Market Uncertainty Takes Center Stage Palladium experienced a particularly volatile month. Prices initially climbed in […]
Automotive MMI: Market Witnesses Volatility with Tariff Concerns
The Automotive MMI (Monthly Metals Index) held sideways for the third month in a row, moving up a mere 0.62%. In January, the U.S. automotive industry faced significant developments affecting metals prices and manufacturing processes. Key factors included proposed tariffs, strategic investments in steel production and notable market reactions among automotive stocks. Tariff Panic and […]
Rare Earths MMI: 10% Chinese Tariff – How Much Will it Impact Rare Earths?
The Rare Earths MMI (Monthly Metals Index) held sideways from January to February, moving up a slight 2.88%. Rare earths prices have proven more volatile in the past year than other metal products like steel. Now, it seems the rare earth market could witness more volatility in 2025. President Trump recently imposed a 10% tariff […]
Global Precious Metals MMI: Gold on Its Way to Record Highs Again?
The Global Precious Metals MMI (Monthly Metals Index) moved sideways from December to January, trending downward by 2.77%. Over the past month, precious metal prices in the U.S. witnessed significant fluctuations, driven by a mix of economic trends and global political developments. The increase primarily stems from speculation amongst investors regarding President Trump’s trade strategies […]
Automotive MMI: Trump’s Tariff Concerns & More Semiconductor Woes
The Automotive MMI (Monthly Metals Index) held sideways from December to January, dropping a mere 0.48%. The index has yet to show a lot of momentum in 2025, with no clear trend up or down. However, the U.S. automotive industry has raised concerns about Trump’s proposed tariffs on automotive imports from Canada, Mexico and China. […]
Construction MMI: Wildfire Impact on California Construction & Trump Anticipated Tariffs on Construction Materials from China
The Construction MMI (Monthly Metals Index) moved sideways, budging up by a slight 1.61%. Overall, 2024 ended with mild volatility. The construction industry didn’t have much reaction to the Fed’s Q4 round of interest rate drops, and the Fed has been hesitant to drop interest rates more significantly. Still, newfound volatility could come in 2025 […]
Rare Earths MMI: The Trump Transition and What to Expect for U.S. Rare Earth Imports
The Rare Earths MMI (Monthly Metals Index) displayed bearish sentiment as it entered 2025, dropping by 3.08%. Weak Chinese demand for metals across the board had at least some impact on the downward direction of the index month-over-month. Considering major changes are underway in the global rare earth industry, this created downward short-term price pressure. […]
Global Precious Metals MMI: Prices Lose Steam After a Volatile 2024
The Global Precious Metals MMI (Monthly Metals Index) dropped month-over-month by 7.66%. Precious metals prices showed mixed trends over the past month, shaped by central bank decisions, geopolitical uncertainties and shifts in market demand. While gold and silver continued to rise, platinum and palladium encountered declining momentum. Precious Metals Prices: Palladium Palladium prices have faced […]