It’s a new world across all industries, as companies grapple with changing consumer tastes, ever-shifting market conditions and new technological developments. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Of course, the automotive industry is no different, as automakers strive to adapt to the electric vehicle (EV) wave while simultaneously […]
Category: Automotive
Week in Review: Palladium Demand, Falling Metals Prices and the E.U.’s Imminent Vote on Steel Quotas
Before we head into the weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Taras Berezowsky covered China’s crackdown on illegal rare-earth element mining. Demand for palladium could continue to surge in […]
Automotive MMI Falls to 17-Month Low as Producers Pray for China Rebound
The Automotive Monthly Metals Index (MMI) fell 3.2% to a value of 92 this month, its lowest level in 17 months. After riding high during mid-2017, above the baseline of 100, the Automotive MMI sub-index — tracking a basket of industrial metals and materials crucial to the automotive sector — has been in a continued overall […]
This Morning in Metals: Aluminum Falls to 16-Month Low
This morning in metals news, the aluminum price slides to a 16-month low, Liberty House could be looking to expand its presence in the Middle East and the mid-February deadline for the Section 232 auto investigation draws nearer. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Liberty House Continues on […]
China to Cut Tariffs on Imported U.S.-Made Automobiles
The issue of automotive tariffs has often been cited by President Donald Trump and others in his administration when framing the the U.S.’s trade relationship with other countries. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Earlier this month, on the heels of the Group of 20 (G20) summit meeting […]
Automotive MMI: Politicians Pan GM Plant Closures, Workforce Reduction
The Automotive Monthly Metals Index (MMI) picked up one point for a December MMI reading of 95. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Sales General Motors reports sales numbers on a quarterly basis, rather than a monthly basis. The automaker reported sales fell 11% year over year in […]
This Morning in Metals: U.S. Steel Production Up 5.6%
This morning in metals news, U.S. steel production through Nov. 24 was up 5.6% compared with the same period last year, copper prices fell back Tuesday and Ford’s November U.S. sales were down. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Steel Production According to a recent American Iron […]
This Morning in Metals: Norsk Hydro Says Aluminum Demand to Rise 2-3% in 2019
This morning in metals news, Norsk Hydro sees global aluminum demand picking up 2-3% next year, the Office of the United States Trade Representative (USTR) released a statement on China’s automotive tariffs and Steel Dynamics shares bounced back from a 14-month low. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Is General Motors Ahead of the Curve?
Judging from the howls of protest on Capitol Hill, politicians do not agree with analysts’ estimates that General Motors’ decision to shed 15% of its workforce and close seven facilities worldwide is the act of a smart first mover in an industry facing seismic changes. GM’s plans, reported in the Financial Times, are intended to […]
Week in Review: Tata Steel, Chinese Auto Sales and the Oil Price
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 Tata Steel is looking to unify its brand, as it has been a busy year on the […]
