The Renewables Monthly Metals Index (MMI) lost one point this month, falling for an October MMI reading of 103. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Rare Earths Removed From Final Tariff List The U.S. Trade Representative’s office announced a list of Chinese products worth $200 billion that would be […]
Lisa Reisman
This Morning in Metals: U.S. Steel Pulls Back on Some Proposals in Contract Talks
This morning in metals news, U.S. Steel contract talks continue with its workers, aluminum prices continued to rise today after a big surge yesterday and U.S. steel import permit applications dropped significantly in September. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Pulls Back From Some Proposals in […]
Rare Earths MMI: U.S. Drops Rare Earths From $200B Tariff List
The Rare Earths Monthly Metals Index (MMI) stood pat this month for an MMI value of 17. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Pentagon Reviews Critical Materials Dependence Tariffs have been flying left and right this year, impacting a wide range of products, from steel and aluminum to […]
This Morning in Metals: Aluminum Association Disappointed in USMCA
This morning in metals news, the Aluminum Association expressed its disappointment in the United States-Mexico-Canada Agreement (USMCA), the Pentagon is reviewing the U.S.’s dependence on foreign sources of critical materials (including rare earths from China) and Section 232 steel tariff exemption requests continue to rise. Need buying strategies for steel? Request your two-month free trial […]
Construction MMI: August U.S. Construction Spending Up 6.5% Year Over Year
The Construction Monthly Metals Index (MMI) lost two points this month, falling for a reading of 90. U.S. Construction Spending U.S. construction spending in August — the most recently available month of Census Bureau data — hit $1,318.5 billion, up 0.1% from the revised July estimate. Need buying strategies for steel? Request your two-month free trial […]
Automotive MMI: Several Top Automakers Slump in September U.S. Sales
The Automotive Monthly Metals Index (MMI) held flat this month, holding for a reading of 96 for our October MMI. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors, which now reports sales on a quarterly basis, reported a Q3 year-over-year sales decline of 11%. “The U.S. […]
This Morning in Metals: Is China at ‘Peak Steel’?
This morning in metals news, steel production in China could be at a peak, Tesla missed its Model 3 weekly production target and U.S. steel capacity utilization hit 79.2% last week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel Peak According to a Bloomberg report, China is at peak […]
This Morning in Metals: U.S., Canada Reach NAFTA Deal
This morning in metals news, the U.S. and Canada have reached a deal on the North American Free Trade Agreement (NAFTA) after several weeks of talks, Secretary of Commerce Wilbur Ross said the steel and aluminum tariffs on Canada and Mexico will remain in place, and copper prices are down on account of perceived drops […]
Week in Review: Tariffs, Brexit and Excess Steel Capacity
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Sohrab Darabshaw weighs in on India’s approach to U.S. tariffs. What’s the latest with Brexit? Stuart Burns […]
This Morning in Metals: Copper, Aluminum Prices Drop on News of China’s Adjusted Winter Capacity Cuts
This morning in metals news, copper and aluminum prices drop, Japanese steel exports fall and the U.S. and Canada still remain without a new deal vis-a-vis North American Free Trade Agreement (NAFTA) renegotiation efforts. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Copper, Aluminum Prices Fall on Scaledown of China’s Winer Cuts Copper […]
