Industrial production in the U.S. moved in a positive direction in November, aided in part by the end of the nationwide strike at General Motors that spanned over September-October. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! According to the U.S. Federal Reserve’s monthly industrial production […]
Category: Automotive
Week in Review: Tariffs on Argentina, Brazil?; nickel prices slide; Saudi Aramco debuts on Riyadh exchange
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Stuart Burns on President Donald Trump’s recent announcement regarding tariffs on steel and aluminum […]
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 […]
Week in Review: Steel production, the December MMO and gold prices
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: Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Global steel production contracted in October, according to the World […]
Europe invests heavily in electric vehicle battery production
Europe is sometimes — often, even — chided for its slow decision-making, which is seen by many as a product of being a “Club of 27” and the need to gain consensus for coordinated action. But a recent FT article describes an impressively fast response to Europe’s realization that it is being left behind in […]
General Motors, Isuzu team up on new Ohio diesel engine plant
General Motors is teaming up with Tokyo-headquartered Isuzu, with plans to invest $175 million toward a new plant in Ohio, the Detroit automaker recently announced. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. The investment will be made through its joint venture with […]
Ford’s all-electric Mustang Mach-E SUV gallops onto the automotive scene
For the first time in over half a century, Ford’s Mustang lineup is getting an addition. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The electric vehicle revolution continues to build as legacy automakers are making their moves. At the L.A. Auto Show, Ford unveiled its new all-electric 2021 Mustang […]
This Morning in Metals: Tesla unveils new stainless steel ‘Cybertruck’
This morning in metals news, automaker Tesla this week showed its new Cybertruck, Chinese President Xi Jinping said he wants to reach an initial trade deal with the U.S. and the CEO of Ace Hardware said the Trump administration’s tariffs are “manageable.” Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Platinum has seen surprisingly strong demand this year
You could be excused for thinking gold has been eclipsed this year — bought in record amounts by central banks in the first half of this year — as the price rose strongly through the late summer but has since drifted off. A recent report suggests, at least for some investors, gold has been sidelined […]
This Morning in Metals: Section 232 auto tariff deadline passes — with no decision
This morning in metals news, trade experts cited by Reuters say the U.S. might have to find another route to impose tariffs on imported automobiles, Japan’s crude steel output dropped in October and U.S. steel prices have started to show some signs of upward momentum. Need buying strategies for steel? Request your two-month free trial […]