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 […]
Category: Automotive
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 […]
Tesla Slashes Workforce by 7% in Push to Make More Affordable Electric Vehicle
Competition in the nascent electric vehicle (EV) market continues to grow, but a limiting factor in sales is perhaps the most obvious: cost. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook MetalMiner’s Stuart Burns recently wrote about Chinese automaker Great Wall’s Ora R1, which could sell for under $9,000 (aided […]
Indian Government Forecasts Up to $10B in Auto Sector Investment by 2023
In a late December report, the Indian government said it forecast the Indian automotive sector to attract between U.S. $8 billion and $10 billion in local and foreign investment by 2023. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Year End Review 2018 by the Ministry of Heavy Industries […]
A Shaky Start to the New Year
It is not just the stock market that is having a wobble — firms are asking if now is the right time to be investing in new capacity or raising production. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook 2018 was a stellar year for the U.S. jobs market, but […]
Week in Review: E.U. Steel Quotas, an Automotive Alliance and Brexit Drama
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 Earlier this month, President Donald Trump and Prime Minister Narendra Modi chatted about U.S.-India trade relations. Stuart […]
Joining Forces: Ford, Volkswagen Announce New Alliance
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 […]
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 […]