U.S. manufacturers in the automotive, appliance and general industrial sectors are overhauling procurement strategies as economic volatility and swings in steel, aluminum and copper prices squeeze margins. Recent U.S. tariff actions have jolted metals markets, sending input costs soaring for downstream manufacturers. According to Reuters, the uncertainty not only triggered panic buying but extended lead times […]
The MetalMiner Team
Aluminum Delivery Premiums Spiking After Tariffs, are Aluminum Freight Bottlenecks Coming?
In the past month, the cost of importing aluminum into the United States has risen sharply. This occurred as aluminum market delivery premiums, the added charges above the base metal price for physical shipments, came close to record highs. This surge in costs stems primarily from a combination of fresh U.S. tariffs, global shipping delays, […]
Global Precious Metals MMI: “Yellow Metal” Come Out Once Again as Hedging Safe Haven Amidst Tariffs
The Global Precious Metals MMI (Monthly Metals Index) saw a significant bullish action month-over-month, rising by a total of 8%. The U.S. precious metals market (and precious metals prices in general) saw dramatic swings over the past five weeks amid a backdrop of stubborn inflation, evolving interest rate expectations, new tariffs and geopolitical tensions. All […]
Automotive MMI: New 25% Automotive Tariffs in Effect, How is the Market Responding?
The Automotive MMI (Monthly Metals Index) rose by 4.33% month-over-month. With the 25% Trump tariffs now in effect, the market could be in for a bumpy ride. New Wave of Trump Tariffs Hit The Trump Administration implemented two sweeping trade actions, collectively known as the “Trump Tariffs,” that are reverberating across U.S. industries. First came […]
Historical Price Trends for Industrial Metals Over the Past Decade
Over the last ten years, industrial metal prices have gone on a wild ride, rising, falling and rising again, thanks to everything from global economic swings to supply chain hiccups and geopolitical drama. If you’re in manufacturing, investing, or policy, keeping tabs on these price trends isn’t just helpful, it’s essential. Steel Historical Price Trends […]
Global Precious Metals MMI: Gold Steals the Show Again With New Record Highs
The Global Precious Metals MMI (Monthly Metals Index) moved sideways month-over-month, rising a slight 2.69%. Many precious metals prices saw dynamic shifts from February to March. Gold raced toward historic highs amid elevated tariff uncertainty and bets on the U.S. Federal Reserve policy easing. Meanwhile, silver also climbed to multi-month highs on safe-haven demand and […]
Renewables MMI: Tariffs & Renewable Energy Rollbacks—Trump’s Plan for U.S. Energy
The Renewables MMI (Monthly Metals Index) moved sideways month over month, increasing a slight 1.86%. Meanwhile, renewable energy projects could face some challenges from a combination of tariffs and changing Federal policies. Trump Administration’s Energy Policies Reshape the Renewable Sector Since taking power in January, the Trump administration has reshaped the U.S. renewable energy landscape […]
Construction MMI: Tariffs on Mexico, Canada and China—Impact on The Construction Industry
The Construction MMI (Monthly Metals Index) held its five-month-long sideways trend, only moving up by .59%. Meanwhile, the latest tariffs on construction materials from China have not taken a massive toll on metals prices. However, another 10% increase in Chinese tariffs by the Trump administration this past month (raising the total percentage to 20%) may […]
Worried About Trump Tariffs? Here’s Our Comprehensive Guide to 2025 Steel and Aluminum Tariffs
In February 2025, President Trump reinstated and expanded the Section 232 tariffs on all steel (including stainless steel products) and aluminum imports, setting a flat 25% duty effective March 12, 2025 (what’s known as the “Trump Tariffs”). This renewed policy removes all previously negotiated country-specific exemptions and broadens the tariff’s scope to include a diverse […]
Renewables MMI: What’s Next for Renewables With Recent Policy Changes?
The Renewables MMI (Monthly Metals Index) witnessed its highest rise in over five months, with the renewable resources index increasing by 6.58% month-over-month. This was mostly due to GOES (grain-oriented electrical steel) and neodymium shooting up in price in reaction to recent policy changes. U.S. Policy Shifts Reshape Renewable Energy Market and Metal Prices The […]
