The Aluminum Monthly Metals Index (MMI) dropped three points once again, falling to 80 this month. Request a 30-minute demo of the MetalMiner Insights platform now. After holding sideways for most of February, LME aluminum prices once again grew weaker later in the month. Prices hit new short-term lows as of early March.
Category: Metal Prices
This Morning in Metals: DOJ wins arbitration related to Novelis-Aleris merger dispute
This morning in metals news, arbitration fell in favor of the Department of Justice vis-a-vis the proposed merger of Novelis and Aleris, January steel shipments rose 5.6%, and copper made gains off of multiyear lows. – Get metal buying strategies and price alerts for 10 industrial metals. Request an Outlook trial.
Rare Earths MMI: Malaysia grants Lynas Corp. three-year license renewal
The Rare Earths Monthly Metals Index (MMI) rose three points for a March MMI reading of 23. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
This Morning in Metals: Aluminum Association files antidumping, countervailing duty petitions
This morning in metals news, the Aluminum Association filed antidumping and countervailing duty petitions alleging imports of aluminum sheet from 18 countries are harming the U.S. industry, the British Steel takeover is set to be completed today, and the issue of steel and aluminum tariffs on Brazil remains up in the air. Looking for metal […]
Week in Review: Oil falls; steel production rises; Jingye nears British Steel takeover
Before we head into the weekend, let’s take a look back at the week that was with some of the metals coverage here on MetalMiner, including: oil prices, global steel production, Chinese steel stocks, U.S. automotive sales and more. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights […]
This Morning in Metals: U.S. trade deficit down to $45.3B in January
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!
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.