This morning in metals news: General Motors will collaborate with Liebherr-Aerospace to develop hydrogen fuel cell power generation systems for aircraft; meanwhile, the copper price continues to slide; and, lastly, Rio Tinto has opened a new scandium plant in Canada. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers […]
Category: Commodities
Commodity prices off on stronger dollar
It won’t have been missed by anyone in the metals markets, but commodity prices have drifted off this past week. The reason is a resurgent dollar. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Commodity prices down on stronger […]
Summary of the Week: Boeing-Airbus Conflict, Copper Price Trends, and Stainless Steel Demand
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: Stop obsessing about the actual forecasted nickel price. It’s more important to spot the trend. See why. Week of June 14-18 (Boeing-Airbus dispute, copper prices and much more) What will Britain’s trade […]
This Morning in Metals: Construction inputs rise 24.2% over last year
This morning in metals news: construction inputs have jumped by 24.2% from May 2020-May 2021; the United States-Mexico-Canada Agreement (USMCA) Environment Committee released its first joint statement; and, lastly, the U.S. dollar has strengthened this week. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for […]
This Morning in Metals: US consumed record amount of renewable energy in 2020
This morning in metals news: the U.S. consumed a record amount of renewable energy in 2020; U.S. housing starts jumped in May; and the copper price has been on the decline since peaking last month. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each […]
We haven’t seen the end of this oil price rise
The perennially bullish Goldman Sachs is not alone in predicting a higher oil price. A recent report by the Boston Consulting Group asks the question, “are we on the cusp of a new supercycle?” In BCG’s opinion? We are. You want more MetalMiner on your terms. Sign up for weekly email updates here. Bullish on […]
This Morning in Metals: China auto sales fall 3.1% year over year in May
This morning in metals news: China auto sales cooled in May, according to the China Association of Automobile Manufacturers; production of crude oil and natural gas in New Mexico reached a record high in March; and, lastly, labor productivity fell in 13 of 29 service-providing industries in the U.S. last year. Stay up to date […]
Week in Review: Interest in Liberty Steel’s French assets; automotive sales power ahead; China coal target dampens smelter investment
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, including steel sector news, the Biden administration’s release of a 250-page supply chain report and much more: The MetalMiner Best Practice Library offers a wealth of knowledge and tips to […]
Rare Earths MMI: US to consider launching Section 232 probe for neodymium magnets
The Rare Earths Monthly Metals Index (MMI) fell by 19.6% this month, as China has loosened rare earths production quotas and the Biden administration could possibly launch a Section 232 investigation for neodymium magnets. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and […]
This Morning in Metals: Job openings hit record high 9.3 million in April
This morning in metals news: as the U.S. economy reopened, job openings hit a record high in April; meanwhile, steel prices continue to rise; and, lastly, emissions from the electric power sector have declined as it has shifted from coal to natural gas. The MetalMiner Best Practice Library offers a wealth of knowledge and tips […]