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 […]
Category: Company News
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. […]
Renewables/GOES MMI: Northvolt produces battery cell with 100% recycled nickel, manganese, cobalt
The Renewables Monthly Metals Index (MMI) rose by 3.9% this month. (Editor’s note: This report also includes the MMI for grain-oriented electrical steel, or GOES.) Want MetalMiner directly in your inbox? Sign up for weekly updates now. Northvolt produces first battery cell with 100% recycled cobalt, nickel, manganese In the battery market, Swedish firm Northvolt announced […]
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 […]
This Morning in Metals: Aurubis AG to invest €300M in U.S. metals recycling plant
This morning in metals news: German firm Aurubis AG announced plans to construct a new metals recycling plant in the U.S.; meanwhile, U.S. natural gas storage levels are down this month; and, lastly, U.S. job openings closed September at 10.4 million. Want more from MetalMiner? We offer exclusive analyst commentary in our weekly updates – […]
This Morning in Metals: China auto sales drop 9.4% year over year
This morning in metals news: auto sales in China fell by 9.4% on a year-over-year basis; meanwhile, Norsk Hydro is exploring new renewable hydrogen projects; and, lastly, ArcelorMittal reported its Q3 2021 results, including its strongest net income figure since 2008. MetalMiner has launched a full suite of precious metals as part of the MetalMiner […]
Rare Earths MMI: Greenland parliament vote effectively halts Kvanefjeld rare earths project
The Rare Earths Monthly Metals Index (MMI) rose by 10.4% this month. Want MetalMiner directly in your inbox? Sign up for weekly updates now. Greenland parliament bans uranium mining, exploration Earlier this year, we touched on the snap elections in Greenland, where the victorious left-wing Inuit Ataqatigiit party ran in opposition to the promising Kvanefjeld […]
Strong aluminum market reflected in stellar Novelis results
Aluminum buyers just about everywhere have suspected their suppliers have been making the most of a tight market to maximize their returns this year. Those fortunate enough to have fixed aluminum prices for the year back in early 2021 will be anxiously looking at 2022 renewals. The majority, however, will be licking their wounds following […]
Automotive MMI: Limited inventory continues to hamper auto sales
The Automotive Monthly Metals Index (MMI) ticked up by 4.2% for this month’s reading. Make sure you are following the five best practices of sourcing aluminum. US auto sales Ford Motor Co. reported total U.S. sales of 175,918 vehicles in October. The October total sales figure marked a 4.0% year-over-year decline. Retail sales fell by 3.8% […]
Week in Review: Aluminum prices plunge; U.S., E.U. reach Section 232 deal; magnesium shortages add to supply chain woes
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: MetalMiner has launched a full suite of precious metals as part of the MetalMiner Insights platform. This includes a complete suite of catalytic converter precious metals, which are particularly useful […]
