Britain has been in paroxysms of concern over the fate of its car industry. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In January, Jaguar Land Rover (JLR), announced it will lay off 4,500 employees as part of a plan to save £2.5 billion ($3.2 billion) in the face of […]
Category: Automotive
GM Announces a Total of $56 Million in Investments at Two Michigan Plants
Automaker General Motors announced plans to invest $36 million and $20 million in its Lansing and Romulus plants, respectively, in Michigan. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Lansing plant produces the Chevrolet Traverse and Buick Enclave crossovers. “We are proud of the hard work and commitment of […]
Industry Group Asks Trump Administration to Release Section 232 Automotive Report
Just before the statutory deadline, Commerce Secretary Wilbur Ross on Sunday sent President Donald Trump his report on the Section 232 automotive investigation opened last year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Trump administration launched the investigation May 23, 2018, using Section 232 of the Trade Expansion […]
This Morning in Metals: Tin Demand Outlook Rosy, US-China Trade Talks Plow Forth
This morning in metals, we’re getting up to speed on where the tin market could be in a decade, what U.S. and Chinese trade negotiators are continuing to discuss, and where the EU car market seems to be heading (hint: it’s not good news). Need buying strategies for tin? Request your two-month free trial of […]
Week in Review: China, Venezuela and Section 232
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: MetalMiner’s Belinda Fuller takes a look at China’s economic growth levels. Stuart Burns on the political and economic crisis in Venezuela. We also kicked off this month’s round of Monthly […]
This Morning in Metals: Ford to Invest $1B in Chicago Plants
This morning in metals news, Ford Motor Co. announced an investment in its Chicago plants, industry group American Iron and Steel Institute (AISI) reiterated its support for the Trump administration’s Section 232 steel tariffs and finished steel imports through the first 11 months of 2018 were down 10.8% year over year. Need buying strategies for […]
Automotive MMI: Ford, Fiat Chrysler Start Strong in 2019
The Automotive Monthly Metals Index (MMI) held flat this month, sticking at a reading of 92. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors reported U.S. deliveries of 2.95 million vehicles in 2018, including more than 1 million crossovers, almost 974,000 pickup trucks and more […]
Earnings Roundup: U.S. Steel, Nucor and Tesla
U.S. Steel, Nucor Corporation and Tesla all reported financial results on Wednesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Let’s take a quick look at the earnings pictures for each. U.S. Steel U.S. Steel reported full-year net earnings of $1,115 million for 2018, up from $387 million in 2017. […]
Week in Review: India’s Auto Sector, BHP Production Totals and Steel’s Slide
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Stuart Burns on the gloomy start to the new year. The Indian government is optimistic about foreign […]
This Morning in Metals: Copper is Getting a Jolt from the EV Sector
This morning in metals news, U.S. copper deposits are garnering investment from electric vehicle (EV) industry players, London copper rose Friday and the E.U. mulls retaliation if the U.S. imposes tariffs on automobiles. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Investment The copper price struggled through the final […]
