Category: Automotive

Automotive MMI: Toyota edges GM in 2021 US auto sales

The Automotive Monthly Metals Index (MMI) fell by 3.4% for this month’s reading, as auto sales continued to slump in the face of ongoing supply and inventory constraints. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. US auto sales In the U.S. market, General Motors reported […]

Week in Review: Aluminum prices move sideways; GM announces rare earth magnet collaboration; copper prices consolidate

Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of aluminum prices, a General Motors collaboration with MP Materials aimed at developed a fully integrated U.S. rare earth magnet supply chain and much more: See why technical […]

This Morning in Metals: GM to invest $51M in Indiana aluminum die casting foundry

This morning in metals news: General Motors will invest $51 million to install equipment at its Bedford, Indiana aluminum casting die foundry; nickel prices have gained this past month; and, lastly, the U.K. trade minister reportedly told the U.S. they could consider expanding tariffs on U.S. goods if the U.S. does not remove the Section […]

Automotive MMI: Automotive sales remain constrained by limited supply

The Automotive Monthly Metals Index (MMI) dropped by 0.7% for this month’s reading. Stay up to date on MetalMiner with weekly updates – without the sales pitch.  US auto sales Ford Motor Co. reported November U.S. sales increased by 5.9% year over year to 158,793 vehicles. Total truck sales increased by 4.6%. Meanwhile, SUV sales […]

Week in Review: European hot rolled coil prices slide; Alcoa announces restart; oil prices fall

Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. Week of Nov. 29-Dec. 3 (hot rolled coil prices, Alcoa […]

This Morning in Metals: GM buys stake in electric boating company

This morning in metals news: General Motors announced it had purchased a stake in Pure Watercraft, a firm specializing in “all-electric boating solutions”; aluminum prices ticked up ahead of Thanksgiving; and, lastly, Thyssenkrupp commissioned its 35th EnviNOx® system, which reduces nitrous oxide emissions. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what […]

Ford, GlobalFoundries to collaborate on semiconductor supply

Among a litany of the challenges, the ongoing semiconductor shortage has weighed on U.S. automotive manufacturers. Despite solid demand, sales have faced strong headwinds from the part shortages, paired with low showroom inventories. In turn, automakers, including Ford Motor Co., have idled production at various points over the last year. The Detroit automaker idled production […]

Week in Review: Stainless steel base prices rise; Biden signs infrastructure bill; European Commission slaps duties on stainless steel from India, Indonesia

Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: Each month, MetalMiner hosts a webinar on a specific metals topic. The next webinar is scheduled for Wednesday, Dec. 8, during which the MetalMiner team will discuss price predictions for 2022. To […]

This Morning in Metals: Merchants Fleet expands BrightDrop EV order to 18,000

This morning in metals news: Merchants Fleet will expand its purchases of BrightDrop electric vehicles to 18,000; meanwhile, the Producer Price Index for metals and metal products increased in October; and, finally, the United States International Trade Commission issued a vote on freight rail coupler systems from China. You want more MetalMiner on your terms. […]

Week in Review: Steel prices soften; House sends infrastructure bill to Biden’s desk; CPI rises 0.9% in October

Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner, including softening steel prices, the House’s passage of the over $1 trillion infrastructure bill and more: Check if your service center is providing you with price transparency for your steel spend.  Week […]

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