This morning in metals news, zinc is undergoing some tight times, according to Reuters’ Andy Home, and oil price volatility is still top of mind as we go into the Thanksgiving holiday in the U.S. Oil Prices Tumbled, Look to Stay Volatile As I filled my tank earlier this morning before heading to my mother-in-law’s […]
Taras Berezowsky
Global Precious MMI: Is Palladium Price High Enough to Make GM Flirt With Substitution?
MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe, is now officially in a two-month uptrend this November after several months of declines. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Global Precious MMI came […]
Global Precious MMI: Precious Metals Index Rebounds on Back of Palladium
MetalMiner’s precious metals index, tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe, bounced back in October after several months of declines. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Global Precious Monthly Metals Index (MMI) registered a value of 83 for […]
Global Precious MMI: Huge Platinum-Palladium Spread Drives Subindex’s Drop
MetalMiner’s Global Precious Monthly Metals Index (MMI) — tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe — continues its trek downward. The Global Precious MMI clocked a value of 81 for its September 2018 reading, down 1.2% from 82 last month — and reaching a low not […]
Global Precious MMI: Higher Platinum, Palladium Prices May Have to Wait for 2019
Last month we noted that record-low prices characterized the Global Precious Monthly Metals Index (MMI) monthly reading and posed the question: will there be more price drops to come? Need buying strategies for steel? Try two free months of MetalMiner’s Outlook From the looks of it, the short answer to that is … yes. Here’s […]
Global Precious MMI: Record-Low Prices Mark this Month – Are More Drops Coming?
Here’s What Happened MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of precious metals from across the globe, dropped four points (a loss of 4.5%) for the June reading after holding flat for three straight months. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Incidentally, the July 2018 MMI […]
Global Precious MMI: Flat for Third Straight Month — But Don’t Take Your Eye Off Palladium
MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of precious metals from across the globe, held steady for the June reading and remained at an index value of 88 for an unprecedented third straight month. The dog days of summer have begun early, much as they did during the summer of 2017. While […]
Global Precious MMI: What’s in the Forecast for Platinum, Palladium Prices?
MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of precious metals from across the globe, held steady for April and remained at an index value of 88 for the second straight month. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Ultimately, all else being equal, we can attribute the […]
As E.U. Strikes Back at Steel Tariffs, Here’s Why Section 232 National Security Argument Matters
As my colleague Sydney Lazarus reported yesterday, even though the European Union has a temporary exemption from the U.S.’s Section 232 tariffs on steel and aluminum, it is demanding compensation at the World Trade Organization as shown in a filing by that trade body two days ago, according to Reuters. The EU is arguing that […]
This Morning in Metals: EU Aluminum Smelting Costs Going Up, China Squeezes U.S. Scrap
This morning in metals, we look at a few key stories circulating in the metals news mill that buyers should have an eye on. EU ETS Reform to Increase Aluminium Smelting Costs According to CRU Group (paywall), the free carbon permit allowances for EU aluminum smelters that have always been in place are about to be […]
