The Automotive Monthly Metals Index (MMI) dropped three points this month, falling for our reading of 96. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Auto Sales August proved to be an uneven month for auto sales in the U.S. General Motors no longer publicly reports sales on a monthly basis, instead […]
Category: Automotive
Hot Off the Press — MetalMiner’s 2019 Annual Metal Outlook!
Have you set your 2019 metals budget? Make sure your purchasing strategy is sound with MetalMiner’s free 2019 Annual Metals Outlook! Arriving just in time for budgeting season, this report contains the unique insight, analysis and tools you need as a metal buyer or manufacturer to know when and how to make the buying decision […]
This Morning in Metals: Steel Stocks Drop After Trump Proclamation
This morning in metals news, some steel stocks fell on the heels of President Trump’s proclamation on targeted tariff relief for quota countries, China looks to speak with its domestic aluminum foil makers as Mexico recently launched an anti-dumping probe and European Commission President Jean-Claude Juncker responds on the subject of automotive tariffs. Need buying […]
Stakes Rise as U.S.-Canada NAFTA Talks Approach Deadline
Today is supposedly crunch time for negotiations between the U.S. and Canada to reconfigure the North American Free Trade Agreement (NAFTA). With the imminent departure of Mexican President Enrique Peña Nieto, a deadline of this Friday has been set to conclude a deal or Mexico and the U.S. have threatened they will go it alone. […]
This Morning in Metals: Chinese Steel Prices Running Opposite the Stock Market
This morning in metals news, Chinese steel prices are not running in the same direction as the Chinese stock market, copper hit a two-week high and automaker shares were up on yesterday’s NAFTA news. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Steel Surging The Chinese stock market has been […]
U.S., Mexico Strike Preliminary Agreement in Principle on NAFTA Provisions; U.S.-Canada Talks Await
On Monday, the U.S. announced an agreement in principle regarding aspects of the North American Free Trade Agreement (NAFTA), albeit in a bilateral sense, as Canada remained on the sidelines of the talks between the U.S. and Mexico. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “The United States and Mexico […]
This Morning in Metals: U.S. Steel Mills See 3.2% Jump in Shipments
This morning in metals news, U.S. steel mills shipped 3.2% more steel in June 2018 than in June 2017, President Donald Trump announced the doubling of steel and aluminum tariff rates against Turkey, and Ford is feeling the effects of rising metals prices. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
Week in Review: MMI Week, Trade War Impacts and India Postpones Retaliatory Tariffs
Before we head into the weekend, let’s take a look back at the week that was and some of the metals stories here on MetalMiner®: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook MMI Week continued, this week with posts on: Automotive Raw Steels Copper Rare Earths Renewables Stainless Steel Aluminum […]
Automotive MMI: Fiat Chrysler Sales Up in Overall Down Month For Automakers
The Automotive Monthly Metals Index (MMI) retraced four points, hitting 99 for our August MMI reading. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Auto Sales July was a down month for Ford, which saw its U.S. sales drop 3.1%. Ford car sales were down 27.7% year over year, and 15.7% in […]
This Morning in Metals: AIIS Seeks Funds for Section 232 Lawsuit
This morning in metals news, a trade association looks to raise money to support its lawsuit against the Section 232 steel tariff, Honda’s quarterly earnings hit a 12-year high and the oil price’s recent dip may just be temporary. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook American Institute for International […]
