Recognizing the direction of flow and going with it is certainly a good survival tactic, particularly with respect to diesel engines. So the move by European truck makers to tackle the challenge of a continent-wide commitment to decarburization should be seen as a refreshing attempt to mold the narrative and future landscape rather than refusing […]
Category: Automotive
Automotive MMI: Ford returns to monthly sales reporting
The Automotive Monthly Metals Index (MMI) gained 9.6% for this month’s index value, as U.S. auto sales continue to show resilience. Want an occasional email from MetalMiner that highlights new content with NO sales ploys? Join that list here. U.S. auto sales General Motors switched from monthly to quarterly sales reporting in 2018; Ford followed suit […]
This Morning in Metals: Gold signals changes in COVID era; China manufacturing expands; GM curbs deal with start-up Nikola
. Gold signals changes in COVID climate Two developments with gold signal changes in the coronavirus era, according to Reuters. Gold prices are coming down on news of possible COVID-19 vaccines, and gold futures in the U.S. are seeing lower costs for rolling over those contracts, an indication that trading may be normalizing amid the […]
World Platinum Investment Council releases bullish 2021 platinum report
The World Platinum Investment Council (WPIC) released a report this month with a bullish view of the platinum market in 2021. The WPIC is bullish on the basis of stronger investment demand and restricted production in South Africa. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Platinum in deficit […]
Week in Review: China Manufacturing PMI dips; Europe faces rising coronavirus infections; new-vehicle retail sales forecast to rise
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including the China Manufacturing PMI, U.S. construction spending and Western European hot-rolled coil transactions: Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Week of Nov. 2-6 […]
Automotive MMI: New-vehicle retail sales in U.S. forecast to rise for second straight month
The Automotive Monthly Metals Index (MMI) gained 3.3% for this month’s MMI reading, as October 2020 auto sales made gains on a new-vehicle retail basis. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be […]
This Morning in Metals: China Manufacturing PMI falls slightly in October
This morning in metals news: the China Manufacturing Purchasing Managers’ Index (PMI) fell slightly from the previous month; Ford Motor Co. released its Q3 financial results; and, finally, Oslo-based Norsk Hydro recently released its Q3 financials. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the […]
Week in Review: Airbus-Boeing saga; industrial production; Liberty’s Thyssenkrupp bid
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, including the Airbus–Boeing subsidy saga, industrial production, Liberty Steel’s bid for German firm Thyssenkrupp’s steel division and much more. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides […]
This Morning in Metals: General Motors to invest $2B to transition Tennessee plant for EVs
This morning in metals news: General Motors will invest $2 billion to transition its Tennessee plant for the production of electric vehicles (EVs); Rio Tinto announced its Q3 2020 production results; and Norsk Hydro has made a deal to merge part of its hydropower generation with that of Lyse. The MetalMiner 2021 Annual Outlook consolidates […]
This Morning in Metals: Ford’s China sales rise by greatest amount since 2016
This morning in metals news: Ford’s China sales posted their largest year-over-year increase in Q3 since 2016; overall automotive sales in China gained 12.8% year over year; and Liberty Steel Group announced it has made an offer to acquire German firm Thyssenkrupp’s steel business. Does your company have an aluminum buying strategy based on current […]
