The Automotive Monthly Metals Index (MMI) held flat this month, holding for a reading of 96 for our October MMI. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors, which now reports sales on a quarterly basis, reported a Q3 year-over-year sales decline of 11%. “The U.S. […]
Category: Automotive
This Morning in Metals: Is China at ‘Peak Steel’?
This morning in metals news, steel production in China could be at a peak, Tesla missed its Model 3 weekly production target and U.S. steel capacity utilization hit 79.2% last week. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel Peak According to a Bloomberg report, China is at peak […]
Week in Review: Tariffs, Brexit and Excess Steel Capacity
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 Sohrab Darabshaw weighs in on India’s approach to U.S. tariffs. What’s the latest with Brexit? Stuart Burns […]
Tariffs’ Impact on the Automotive Industry Takes Center Stage During Senate Finance Committee Hearing
The Senate Finance Committee hosted a hearing on the impact of tariffs on the automotive industry Wednesday morning. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Department of Commerce self-initiated a Section 232 investigation of automobiles and automotive parts back in May. “In short, the U.S. auto industry is […]
This Morning in Metals: Steel Imports Fall 1% in August
This morning in metals news, U.S. steel imports fell in August, the Federal Reserve raised interest rates again and Ford’s CEO says the Trump administration’s metals tariffs have cost the automaker $1 billion in profits. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Finished Steel Market Share Hits 21% […]
Week in Review: Catalytic Converters, ArcelorMittal’s Ilva Bid and $200B in Tariffs
Before we head into the weekend, let’s take a look back at the week that was with some of the stories here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook MetalMiner’s Stuart Burns wrote on a subject that is, unfortunately, relevant to owners of automobiles: a rise in […]
Aston Martin or Lotus — What’s Bond Going to Drive Next?
I know, it’s not really a metals topic — my editor will no doubt berate me for wandering off the reservation — but it has to be said the current speculation about which car Bond will drive in the next movie has got to be of the topic of the month, hasn’t it? Need buying […]
Theft of Auto Catalytic Converters on the Rise in the U.K.
There used to be a time when you were wary of parking your car in an unlit street or side road for fear you may come back to find it jacked up on blocks and all four shiny alloy wheels missing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Locking […]
Automotive MMI: Fiat Chrysler, Ford Post August Sales Increases
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 […]
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 […]