The Stainless Monthly Metals Index (MMI) moved sideways, sliding a modest 0.54% from October to November. Nickel prices and the overall stainless steel market faced demand woes coming out of Q3, softening even more than in Q3. Stainless Demand Softens from Q2 The global stainless steel market showed zero signs of recovery in Q3. Demand […]
Category: Industry News
Rare Earths MMI: U.S. Rare Earth Strategy: What’s Behind the Latest Moves?
The Rare Earths MMI (Monthly Metals Index) moved sideways from September to October, rising by 2.13%. Over the last two weeks, U.S. officials have signaled a decisive shift in how they secure critical minerals. Analysts have taken note of large global rare earths projects aimed at diversifying away from Chinese dominance, which currently accounts for […]
Raw Steels MMI: Steel Prices Soften, More Tariffs on Deck
The Raw Steels Monthly Metals Index (MMI) accelerated during the month, moving up 3.87% from July to August as steel prices continued to slide. U.S. Steel Prices Continue Slow Downtrend U.S. steel prices have remained within a slow but steady downtrend since their late-March peak. As of mid-August, prices were down 9.49%, falling to their […]
European Steel Giant Shuts Down, What Will Happen Now?
ArcelorMittal plans to idle blast furnace No. 3 at its Dąbrowa Górnicza plant in Poland’s Silesian Voivodeship. The steel industry giant made the initial announcement back in September, citing current and future market factors. “The reason for this decision stems from the extremely difficult and constantly deteriorating market conditions,” ArcelorMittal Poland said on July 24. […]
Steel Giant Bows Out: Who’s Taking Over Bosnia’s Mills?
ArcelorMittal recently announced the sale of its steel plant as well as its stake in its iron ore mine in Bosnia and Herzegovina, with news reporting stating that the steel industry giant will unload the plant to Bosnian industrial conglomerate Pavgord Group. According to the details of the deal, Pavgord Group will acquire the longs […]
Will Australia’s $6 Trillion Iron Ore Find Reshape Global Markets?
An abundance of high-quality iron ore and the recent discovery of a 55 billion metric ton reserve have pushed Western Australia into the top spot as the world’s leading iron ore supplier. Now, many are wondering what effects this might have on the country’s export markets as well as global iron ore prices. Protect your […]
Raw Steels MMI: U.S. Steel Market After Tariffs
Although the index started to rebound in early June, the Raw Steels Monthly Metals Index (MMI) remained bearish in May, falling 3.27% to its lowest level since November 2020. Amid new tariffs announcements from the Trump Administration, U.S. buyers have their eyes fixed on steel prices, developments which MetalMiner’s weekly newsletter recently covered. HRC Futures […]
Hedging Copper Prices and Smoothing Volatility in H2 2025
There are many hedge fund strategies organizations can employ to generate returns and manage risk. Now, metal buyers are looking to apply these same concepts to certain metals. Base metals like copper have seen notable swings so far in 2025. According to the CME group, copper oscillated in a roughly $4.55–$4.80 per pound range throughout […]
Steel Dumping Tsunami Recedes: China’s Export Peak May Be Behind Us
Has the countdown to the end of China’s steel dominance in its own and international markets begun? Some steel industry reports seem to indicate that this is exactly the case. Many chalk this up to a variety of factors, including a shift in steel demand dynamics, China’s own poor internal demand, its efforts to turn […]
Iron Ore Defies Tariff Turbulence, But for How Long?
In this season of tariffs and counter-tariffs, the price of one of the most essential raw steelmaking materials seems to be holding up for now. The iron ore price has so far proved mostly immune to the fluctuations. But the question on everyone’s minds is, for how long? Despite the shadow of tit-for-tat customs duties, […]