This morning in metals news, the U.S. deficit fell in January, aluminum prices ticked up slightly this week and the CEO of the American Iron and Steel Institute is retiring. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Category: Metal Prices
Raw Steels MMI: Global demand uncertainty weighs on index
The Raw Steels Monthly Metals Index (MMI) lost two points during the past month — indicating prices weakened slightly — for a March reading of 69. Chinese price weakness led the index decline, as all Chinese prices fell (with the exception of Chinese coking coal). Looking for metal price forecasting and data analysis in one […]
This Morning in Metals: Steel import permit applications drop 47.5% in February
This morning in metals news, steel import permit applications plunged in February, buyers are lining up to buy British Steel’s plant in France and Vietnam is ramping up purchases of U.S. agricultural goods in the hopes of avoiding tariffs. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights […]
Construction MMI: U.S. construction spending jumps 1.8%; housing starts fall 3.6%
The Construction Monthly Metals Index (MMI) dropped four points this month for a March MMI reading of 75. Request a 30-minute demo of the MetalMiner Insights platform now.
Automotive MMI: Honda, Hyundai sales surge; GM adds 3,500 EV charging plugs
The Automotive Monthly Metals Index (MMI) held flat this month for a March MMI reading of 86. Request a 30-minute demo of the MetalMiner Insights platform now.
This Morning in Metals: U.S. steel capacity utilization rate hits 81.8%
This morning in metals news, the U.S steel sector posted a capacity utilization rate of 81.8% through the first two months of the year, a major copper conference has been canceled amid coronavirus concerns and a British Steel takeover deal has finally been reached. Looking for metal price forecasting and data analysis in one easy-to-use […]
China’s steel industry under growing pressure from record inventories
As if the social cost of the coronavirus Covid-19 were not bad enough, some sectors of China’s industrial economy are suffering growing pain despite a supposed return to work last week. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. The property sector, which […]
World Steel Association: Global steel production rises 2.1% in January
As the impact of the coronavirus outbreak began to be felt in latter half of January and into February, the total scope of the health crisis and its ramifications for economies around the world remains to be seen. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request […]
This Morning in Metals: Federal appeals court upholds Section 232 constitutionality
This morning in metals news, the U.S. Court of Appeals for the Federal Circuit ruled to uphold the constitutionality of the Section 232 statute, President Donald Trump has decided not to impose tariffs on imported titanium sponge and U.S. Steel closed on the purchase of POSCO-California Corporation’s 50% interest in USS-Posco Industries. All the metals […]
Environmental disaster meets intractable economics at Italy’s Ilva steelworks
As an example of how often there are no easy answers to the most intractable problems, Italy’s Ilva steel plant, as it was known, is an example of many problems and many solutions — none of them without consequences. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a […]
