This morning in metals news, the European Steel Association (EUROFER) offered its reaction to the new European Green Deal, China’s steel output could fall next year and China’s imports of iron ore dropped in November. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! EUROFER lauds carbon […]
Lisa Reisman
Renewables MMI: Glencore inks long-term cobalt supply deal with SK Innovation
The Renewables Monthly Metals Index (MMI) dropped one point this month for a December MMI reading of 96. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Glencore inks long-term cobalt supply deal with SK Innovation Glencore announced another cobalt supply deal, this time with SK Innovation. The […]
Global Precious MMI: Palladium-platinum spread widens; gold holds steady
The Global Precious Monthly Metals Index (MMI) dropped three points this month for a December MMI reading of 110. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Palladium-platinum spread widens Once again, the spread between U.S. palladium and platinum prices continued to widen this past month. Rising […]
Raw Steels MMI: Steel price increases boost the index
The Raw Steels Monthly Metals Index (MMI) showed some strength this month with a three-point increase, rising to 69 from 66 last month. U.S. steel prices rebounded in November when recent mill prices increases took effect. Once again, plate price increases have lagged behind the other forms, (similar to July, when plate prices failed to […]
This Morning in Metals: Markets eye tariff deadline, Fed’s rate decision
This morning in metals news, markets are anxiously eyeing Sunday’s U.S.-China tariff deadline, The Mongolian parliament passed a resolution relating to the Oyu Tolgoi mine (majority-owned by Rio Tinto) and United States Trade Representative (USTR) Robert Lighthizer weighed in on yesterday’s United States-Mexico-Canada Agreement (USMCA) news. Looking for metal price forecasting and data analysis in […]
Rare Earths MMI: Lynas picks Kalgoorlie for new cracking and leaching plant site
The Rare Earths Monthly Metals Index (MMI) fell one point for an MMI reading of 19. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Lynas selects site for new cracking and leaching plant Lynas Corp., the world’s largest rare earths firm outside of China, […]
This Morning in Metals: White House, House Democrats reach deal on revised USMCA
This morning in metals news, the Trump administration and House Democrats have reached a deal on the revised United States-Mexico-Canada Agreement (USMCA), the U.S. steel industry saw its capacity utilization inch further downward in the year to date, and U.S. steel shipments jumped 1.9% in October. Looking for metal price forecasting and data analysis in […]
Construction MMI: U.S. construction spending rises 1.1% year over year
The Construction Monthly Metals Index (MMI) ticked up two points for a December MMI reading of 78. U.S. construction spending According to the U.S. Census Bureau, U.S. spending on construction reached a seasonally adjusted annual rate of $1,291.1 billion in October, down 0.8% from September and up 1.1% compared with October 2018. Looking for metal price […]
Automotive MMI: Honda, Toyota post strong November U.S. sales totals
The Automotive Monthly Metals Index (MMI) held flat this month, posting a reading of 86 for the December MMI. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. auto sales As noted previously, General Motors, Ford and Fiat Chrysler all report sales on a quarterly basis. As […]
This Morning in Metals: U.S. steel prices gain momentum
This morning in metals news, U.S. steel prices have gained some upward momentum over the last month, the U.S. and Mexico are reportedly drawing closer to an agreement over revisions to the United States-Mexico-Canada Agreement (USMCA), and U.S. steel import permit applications declined in November. Looking for metal price forecasting and data analysis in one […]
