This morning in metals news, British Steel could have a buyer lined up, protests have disrupted copper mine activities in Peru and the American Iron and Steel Institute (AISI) released July steel import data. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook British Steel Update According to The Guardian, a […]
Lisa Reisman
Rare Earths MMI: China Rare Earths Association Calls out U.S.’s Trade ‘Bullying’
The Rare Earths Monthly Metals Index (MMI) dropped one point this month for an August reading of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Tariffs, China and Rare Earths Once again, the ongoing trade talks between the U.S. and China took a turn toward further tensions recently when President […]
This Morning in Metals: Iron Ore Prices Continue to Slide
This morning in metals news, iron ore prices this week have plunged, the Energy Information Administration (EIA) released its short-term energy outlook and China could weaken its currency further. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Iron Ore Prices Plunge After reaching five-year highs earlier this year, aided by […]
Copper MMI: How a Boeing Trade Case Could Cause Global Copper Prices to Skyrocket, Give Wieland Metals a Guaranteed Monopoly
A 15-year trade dispute between Airbus and Boeing could send copper prices skyrocketing, with an even greater impact on U.S. manufacturers than the Section 232 tariffs had on steel and aluminum. MetalMiner has long covered this current dispute between Airbus and Boeing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Raw Steels MMI: Mixed Price Movements Lead to One-Point Index Drop
The Raw Steels Monthly Metals Index (MMI) fell one point this month for an August reading of 74. Small price increases for some metals did not outweigh a few steeper price drops, bringing the index down for the month. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices […]
This Morning in Metals: China Responds to Currency Manipulator Designation
This morning in metals news, China offered a response to the U.S.’s designation of it as a currency manipulator, British Steel’s lenders are looking for a speedy end to the auction for the liquidated steel company and Glencore announced it will pause production at a mine in the Democratic Republic of the Congo. Need buying […]
Construction MMI: U.S. Construction Spending Falls 2.1% in June
The Construction Monthly Metals Index (MMI) fell three points for an August reading of 78. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending According to the U.S. Census Bureau’s most recent construction spending report, U.S. construction spending reached $1,287.0 billion in June, down 1.3% from the May estimate […]
Automotive MMI: U.S. Sales Slide in July as Transaction Prices Rise
The Automotive Monthly Metals Index (MMI) fell one point this month for an August reading of 86. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales Nissan reported July sales in the U.S. of 98,880 units, down 9.1% on a year-over-year basis. Honda’s sales ticked up 1.9% to 141,296 […]
This Morning in Metals: U.S. Treasury Labels China a Currency Manipulator
This morning in metals news, the American Iron and Steel Institute (AISI) applauded the U.S. Treasury’s designation of China as a currency manipulator, U.S. companies are hoping the Trump administration does not impose tariffs on copper from the E.U. and Novelis announced its quarterly financial results. Need buying strategies for steel? Request your two-month free […]
Aluminum MMI: Global Demand Weakness Pulls the Index Back
The Aluminum Monthly Metals Index (MMI) dropped two points this month to 84. Most of the prices tracked for the index dropped this month, with European prices dropping the most (by close to 7.5%). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices fared best of all of […]
