The Stainless Steel Monthly Metals Index (MMI) gave up five points this month, setting the value back to 70. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! LME nickel prices dropped slightly below the $13,000/mt price level in late January when industrial metals prices, generally speaking, […]
Category: Metal Prices
Global Precious MMI: Palladium prices soar above $2,000/ounce
The Global Precious Monthly Metals Index (MMI) gained 10 points for a February 2020 reading of 125. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
This Morning in Metals: Novelis reports net income up 37% in Q3 FY20
This morning in metals news, Novelis Inc. reported its quarterly financial results, steel trade in China slows amid coronavirus fears and India’s carbon emissions are projected to soar over the next 30 years. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial.
Questions abound amid allegations of shady goings-on in the nickel market
We all love conspiracy stories — who knew what and who was manipulating events behind the scenes? All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo A recent Telegraph article takes a more balanced approach to review goings-on at the London Metal Exchange (LME) […]
PwC: Metals deal size, volume fall in 2019, but Q4 showed signs of renewed growth
M&A activity in global metal firms dropped 10% by volume compared to 2018, but the value of all deals declined by a third driven by fewer “megadeals” — transactions with disclosed values greater than $5 billion — compared to the previous year, according to PwC’s Global Metal Deal Insights report for 2019. Looking for metal […]
This Morning in Metals: Norsk Hydro faces headwinds in weak aluminum market
This morning in metals news, Norsk Hydro unveiled its Q4 and full-year 2019 financial results, Nippon Steel projected a net loss of $4 billion for the recent fiscal year, and President Donald Trump’s new tariffs on steel and aluminum derivatives took effect over the weekend. Metal prices fluctuate. Key is knowing when and how much […]
Raw Steels MMI: U.S. steel prices flatten after recent gains
The Raw Steels Monthly Metals Index (MMI) gave up some of last month’s gains with a one-point drop to 71 (following a three-point increase to 72 last month). Request a 30-minute demo of the MetalMiner Insights platform now. Recent U.S. steel price increases flattened out in January, while plate prices dropped back somewhat from […]
Week in Review: Copper prices; British Steel roadblock; U.S. auto sales
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner, including coverage of: copper prices and the coronavirus’ impact; European steel consumption; Jingye’s British Steel takeover bid; U.S. steel production; automotive sales and more. Improve metal purchase timing and mitigate price […]
Rare Earths MMI: Value of U.S. mining production rises 3% in 2019
The Rare Earths Monthly Metals Index (MMI) held flat this month for a February MMI reading of 20. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. mining production rises in 2019 According to the U.S. Geological Survey, the estimated value of nonfuel mineral mining production […]
India’s annual budget could prove to be a boost to the steel sector
India’s union budget is an annual exercise, one that industry and commerce always look forward to for direction and signals of growth. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now. India’s metals sector, especially steel, had expectations from this year’s budget and seems […]