This morning in metals news: Sibanye-Stillwater will acquire copper and nickel mines in Brazil for $1 billion; meanwhile, General Motors announced plans to expand access to electric vehicle charging stations; and, lastly, sales of single-family homes increased in September. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. […]
Category: Automotive
Week in Review: Global steel demand; aluminum alloys; store-of-value assets
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: Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Week of Oct. 18-22 (steel demand, aluminum alloys and more) Stuart Burns checked […]
This Morning in Metals: USITC rules aluminum foil imports from 5 countries harmful to US industry
This morning in metals news: the United States International Trade Commission this week issued a ruling on imports of aluminum foil from five countries; Ford of Europe reported a decline in sales and European market share; and, lastly, job openings rates declined in 21 states in August, the Bureau of Labor Statistics reported. Each month, […]
Power crisis in China drives aluminum alloy prices higher, threatening supplies
A timely post by the Financial Times covers the threat to the global auto industry as a result of the power crisis in China limiting supplies of key components used across a range of industries. But specific to the post is the making of aluminum alloys. Almost 90% of the world’s magnesium production comes from […]
Week in Review: Aluminum prices remain elevated; power costs weigh on metals producers; IEA releases World Energy Outlook
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 aluminum prices, rising power costs and much more: Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner […]
This Morning in Metals: Anglo American explores integrating hydrogen into South African economy
This morning in metals news: miner Anglo American announced the results of a feasibility exploring the potential for hydrogen in the South African economy; General Motors last week announced plans to double its revenue; and, lastly, steel prices have showed signs of flatlining of late. Stay up to date on MetalMiner with weekly updates – […]
Week in Review: Energy crisis in China, India; auto sales; copper demand doubts
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: Want an occasional email from MetalMiner that highlights new content with NO sales ploys? Join that list here. Week of Oct. 4-8 Stuart Burns on the energy crisis in China. […]
Automotive MMI: Semiconductor shortage, low inventory weigh on Q3 auto sales
The Automotive Monthly Metals Index (MMI) held flat for this month’s reading, as U.S. auto sales slumped in Q3. 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. US auto sales slip in Q3 General Motors reported its third-quarter sales fell from 665,192 […]
Automakers see 2022 steel price contract negotiations looking brutal
Just over a year ago, MetalMiner commented on the acquisition of most of ArcelorMittal USA’s assets by Cleveland-Cliffs (including potential impacts on steel prices). At the time, the MetalMiner analyst team suggested, “The deal strengthens the company’s position in the automotive sector. The company likely controls 60%-65% of exposed auto sheet supply (think steel used […]
Week in Review: China’s property market and steel prices; Alcoa to restart aluminum smelter; Ford to collaborate on battery supply chain
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: 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 Sept. 20-24 (China’s property market and […]
