The Construction MMI (Monthly Metals Index) held its sideways trend, dropping by a slight 1.09%. Despite a torrent of construction news, the index didn’t budge much month-over-month and had a minimal reaction to recent interest rate drops. The Fed will likely need to drop interest rates more aggressively for the construction index to display any […]
The MetalMiner Team
How Will the Incoming Trump Administration Impact Industrial Metal Prices?
As President-elect Donald Trump prepares to assume office in January 2025, the industrial metals market is poised for a number of shifts. His proposed policies, particularly concerning tariffs and infrastructure development, are expected to influence metal prices both positively and negatively. Knowledge is key in navigating tariffs and metal market fluctuations. Don’t miss out on […]
Global Precious Metals MMI: Precious Metals Prices Surge Pre-Election, Dip, Then Rebound
The Global Precious Metals MMI (Monthly Metals Index) witnessed considerable bullish sentiment once again. Month-over-month, the index rose 6.48%. After the election, precious metals prices quickly responded to the outcome and the expected policy directions of the new Trump administration. While the index had been rising in the prior two months, prices began to decline […]
Construction MMI: The Fed November Interest Rate Cut Gives Construction Industry a Boost
The Construction MMI (Monthly Metals Index) managed to break out of its sideways trend, moving up by 6.73%. Construction news indicates that the market could see more bullish sentiment if the Fed continues its dovish stance on interest rates, dropping them steadily (get weekly updates on macroeconomic news impacting your metal buy with our weekly […]
Automotive MMI: Automotive Industry Could Face Headwinds from Germany and Incoming Tariffs
The November Automotive MMI (Monthly Metals Index) found slightly more upward momentum than the prior month. While the index remained sideways, price action rose by 2.33%. That said, the US automotive market could witness headwinds from a combination of factors. First, Donald Trump`s win in the US election could mean incoming tariffs that will impact […]
Renewables MMI: Mixed Market Signals & Policy Changes Potentially Incoming
The Renewables MMI (Monthly Metals Index) held firmly sideways, shifting down a mere 0.06%. With the incoming Trump administration, it is possible the renewable energy sector could witness market shifts in the upcoming year. The Biden Administration prioritized the expansion of renewable energy systems, including more specific projects like electric vehicles. However, the Trump Administration […]
9 Months of Limbo for Nippon Steel’s Buyout of U.S. Steel: Will it Happen, or Not?
Due to numerous obstacles, Nippon Steel’s $14.9 billion proposed acquisition of U.S. Steel has been on hold for nine months. The agreement is currently under investigation from all angles, with heavy resistance from steel industry labor unions and politicians. For manufacturers and procurement specialists involved in the metal supply chain, comprehending the details of this […]
Cobalt Mining: A ‘Dirty’ Truth
The cobalt mining industry, particularly in the Democratic Republic of the Congo, has received backlash in both the past and present for human rights concerns. In the DRC, children as young as seven are sometimes employed to work in hazardous conditions to collect cobalt, a crucial material for electric car batteries, smartphones and other modern […]
Lithium Market: Continued Growth, or Red Herring?
Lithium has rapidly become a critical element in the race to dominate the tech and energy sectors, resulting in a powerful and profitable global lithium market. This is mainly because the element plays an indispensable role in lithium-ion batteries, which don’t just “charge” our smartphones and laptops but also power electric vehicles. As the global […]
Rare Earths MMI: China’s Metal Demand Weakens: What It Means for U.S. Rare Earth Buyers
The bears continued to make their way into the Rare Earths MMI (Monthly Metals Index), with yet another drop in price action, this time by 6.93%. Many factors pulled at rare earths prices overall, including oversupply, weak demand for metals within China and shifting dynamics in global rare earths supplies. It seems China’s over-production of […]
