The COVID-19 pandemic continues to wreak havoc on economic activity around the world. That impact was particularly noticeable on the U.S. industrial sector last month.
Category: Manufacturing
Automotive MMI: Sales slump as automakers mull production restart plans
The Automotive Monthly Metals Index (MMI) fell 1.3% this month.
Federal Reserve: Industrial production drops 5.4% in March
The U.S.’s industrial production levels plunged in March amid efforts aimed at curbing the spread of COVID-19. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
China logistics face challenges on the heels of coronavirus lockdowns
Manufacturers are increasingly questioning whether their supply chain is likely to be exposed to disruption from the coronavirus outbreak ravaging China. Request a 30-minute demo of the MetalMiner Insights platform now. Even if your company does not source product directly from China, many companies are still predicting supply chain disruption as the raw materials used […]
Week in Review: Tesla’s battery play; supply chains under stress; E.U.-U.K. trade talks
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 coverage of: Tesla’s struggle between price competitiveness and battery range; supply chains amid the coronavirus outbreak; U.S. industrial production; zinc’s global supply deficit; and E.U.-U.K. trade talks. Looking for […]
Federal Reserve: Industrial production drops 0.3% in January
According to the Federal Reserve, U.S. industrial production fell 0.3% in January as “unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft.” “The major market groups posted mixed results in January,” The Fed reported. “The output of business equipment declined 2.6 percent as a […]
Europe’s stock markets remain strangely sanguine despite lackluster growth
The Financial Times reported the eurozone’s economy is growing at the slowest rate since the bloc’s debt crisis seven years ago, according to data published late last week. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. The Eurozone grew at a quarterly rate of […]
What’s next for U.K. car manufacturing after Brexit?
One of U.S. President Donald Trump’s objectives when applying high import tariffs to steel, aluminum and, now, downstream products was to support domestic producers by making it economically more attractive to produce locally than to import. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook An unexpected, or at […]
Eskom’s monopoly on South African power production finally comes to an end
South Africa, the primary or major source of so many critical metals, is caught in a Catch-22 situation of its own making. Request a 30-minute demo of the MetalMiner Insights platform now. The mining industry is a major employer in South Africa and contributes some 7% of national GDP. The impact of mining goes beyond […]
Week in Review: Aluminum prices; Trump signs USMCA; Brexit hour is near
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 coverage of: aluminum production and prices; Trump’s tariffs on aluminum and steel derivatives; the coronavirus’ potential impact on iron ore; General Motors’ electrification drive; and the arrival of Brexit. […]
