Manufacturers within the aluminum market do not have a simple exchange-price problem. They have a basis problem. MetalMiner’s latest data shows: For companies that consume physical aluminum rather than simply monitor exchange rates, the number that matters most is the combined LME-plus-premium basis. Viewed through that lens, the increase looks much larger. After converting LME aluminum […]
Category: Investing Hedging
Metal Price Volatility Isn’t the Risk, Being Unprepared Is
For steel, aluminum and copper buyers, the biggest risk in 2026 is not metal price volatility itself. It’s the metal price forecasting methods behind it. The bigger risk is being unprepared for how volatility affects budgets, supplier pricing, sourcing decisions, forecasting confidence and profit margins. Procurement teams cannot control tariffs, geopolitical instability, supplier behavior or […]
The Best Strategies for Comparing Steel Prices From Various Suppliers
If you compare steel prices and quotes by entering supplier bids into a spreadsheet and highlighting the lowest number, you’re not really comparing prices. Instead of comparing prices, here’s what you’re really looking at: Understanding this is important. Many sourcing teams think they’ve found a competitive quote when, in fact, they’ve only accepted a different […]
How to Roll Out Forecasting Tools in Your Organization Without Losing Control
Rolling out MetalMiner and its forecasting tools is not about installing a tool. It is about building a consistent operating model for how your company understands and acts on metal markets. Without that structure, different teams interpret prices differently, and decisions become fragmented. Metal buying quickly becomes complicated across regions, business units, and product lines. […]
What Reliable Metal Procurement Strategies Actually Work?
Most metal budgets fail before the year even starts. So what reliable metal procurement strategies actually work? Many budget plans fail not because teams lack the correct data. Not because finance gets it wrong. They fail because they assume that all metals move in sync and risk can be averaged. That assumption doesn’t hold. Over […]
How Does MetalMiner’s Forecasting Engine Help You Make Better Sourcing Decisions?
Procurement and finance teams have many opinions about the direction of metal prices. However, what they sometimes lack is a clear and structured approach to turn market noise into knowledge about optimal purchasing windows. This is where MetalMiner, Sage, and Market Signal come in. MetalMiner is not meant to replace judgment. It aims to organize […]
Global Precious Metals MMI: What’s Driving the Precious Metals Bull Run?
The Global Precious Metals MMI (Monthly Metals Index) saw a sharp rise in price action, jumping by 14.44%. This comes as all four major precious metals prices spiked in early October. Gold recently notched all-time highs again, while silver briefly hit $54/oz before a steep pullback. Meanwhile, platinum and palladium are also near multi-year highs. […]
Copper MMI: Copper Prices Drift Upward Despite Stock Surplus
The Copper Monthly Metals Index (MMI) broke above range, with a 3.7% rise from September to October. This comes as copper prices, along with many other metals, continue to show an upside bias. Copper Joins Other Base Metals in Upward Trend Comex copper prices hit a two-month high, barreling past the 11k per metric ton […]
Copper Titans Unite: Anglo and Codelco Crack World’s Top 5
The copper market recently experienced a significant development that could have big implications for global supply. Metals and mining multinational Anglo American has finalized an agreement with National Copper Corporation of Chile (Codelco) to merge operations at their respective Los Bronces and Andina copper mines, putting them among the top 5 largest sites in the […]
Global Precious Metals MMI: Bulls and Bears Quarrel Over Gold Price Projections
The Global Precious Metals MMI (Monthly Metals Index) finally lost bullish steam and moved sideways, rising only 0.81%. The past month has seen significant swings in precious metals prices. Safe-haven demand drove several metals to multi-year highs in late July, followed by partial pullbacks in August as market winds shifted. Gold and silver, in particular, […]