This month’s Copper Monthly Metals Index (MMI) reading for copper dropped to 73 from last month’s reading of 78, the new low for the year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME copper prices continued to trend downward, but technically still remain in a long-term bull market. […]
Lisa Reisman
Aluminum MMI: Tight Aluminum Supplies Stave Off Further Price Drops For Now
This month the Aluminum Monthly Metals Index (MMI) decreased, with weakness coming from all the prices tracked globally. The index value dropped back two points to 86, back to February levels after holding at 88 for three months. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices occasionally […]
Week in Review: Copper Surplus, Tin in Solar Cells and Gold
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The International Copper Study Group reported the global copper market was in surplus over the first two months […]
This Morning in Metals: Copper Price Slide Continues
This morning in metals news, the LME copper price continued its tumble this week, U.S. imports from countries like Vietnam have increased and the June 10 Mexico tariff deadline draws near. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Down for Eighth Straight Week The copper price is set […]
Construction MMI: April Spending Down 1.2% Year Over Year; Billings Bounce Back
The Construction Monthly Metals Index (MMI) retreated this month, falling three points for a June MMI value of 81. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending U.S. construction spending in April came in flat compared to March, but dropped 1.2% compared to April 2018, the U.S. Census […]
This Morning in Metals: Steel Import Permit Applications Down 10.8% in May
This morning in metals news, U.S. steel import permit applications dropped last month, the Trump administration’s Section 232 aluminum tariff left its mark on operations at the Port of Oswego and the Trump administration released a new strategy that aims to ensure a reliable supply of critical minerals. Need buying strategies for steel? Request your […]
Automotive MMI: Toyota, Fiat Chrysler Sales Rise; Overall May U.S. Sales Fall
The Automotive Monthly Metals Index (MMI) dropped five points, down to a June MMI value of 86. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Sales Fiat Chrysler’s May sales increased 2% year over year, reaching 218,702 vehicles for the month. “On a year-over-year basis we have increased our […]
This Morning in Metals: U.S. Steel Execs Wary of Potential Mexico Tariffs
This morning in metals news, U.S. steel executives are concerned about the impact of proposed tariffs on Mexican goods, bidders are looking at the liquidated British Steel in parts and Norsk Hydro released its Q1 2019 financial results. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Executives Express […]
This Morning in Metals: European Steel Chiefs Say E.U. Needs to Act Against Rising Imports
This morning in metals news, European steel sector leaders are asking the E.U. for action in the face of rising imports, the U.S. says China is playing the “blame game” and U.S. Commerce Secretary Wilbur Ross met with Mexico’s Secretary of Economy Graciela Márquez Colín. Need buying strategies for steel? Request your two-month free trial of […]
The June MMO Report: A Section 232 Decision and a Turn in U.S.-China Talks
MetalMiner’s June 2019 Monthly Metal Buying Outlook is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Monthly Metal Buying Outlook, released at the beginning of every month, offers analysis and buying strategies for 10 metals: Aluminum Copper Nickel Lead Zinc Tin Hot-Rolled Coil (HRC) Cold-Rolled Coil […]
