The Rare Earths Monthly Metals Index (MMI) ticked up one point for a January reading of 20. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Malaysian regulators opt not to increase Lynas’ processing limit Lynas Corp., the largest rare earths firm outside of China, announced in December […]
Category: Metal Prices
Week in Review: U.S. auto sales, aluminum prices and U.S.-Iran tensions
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including: a natural gas transit deal between Russia and Ukraine; aluminum prices; the impact of escalating U.S.-Iran tensions on oil prices; and the copper demand picture. Looking for metal price […]
Stainless MMI: Stainless surcharges fall, nickel prices increase slightly
The Stainless Steel Monthly Metals Index (MMI) gained one point for a January reading of 75. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Just a few months back, in September 2019, the index hit a five-year high of 91. LME nickel prices increased again in […]
Gold, silver prices on the rise in India amid U.S.-Iran tensions
Gold and silver prices in India have hit new highs recent days, to the glee of traders and the consternation of retail buyers. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Multiple reasons are being attributed to the price rises, first and foremost being rising geopolitical […]
Copper MMI: Uncertain demand continues to moderate copper price gains
The Copper Monthly Metals Index (MMI) increased by three points this month to 76, the highest value seen since hitting 78 in May. Individual price increases in the Copper MMI basket fell in the range of roughly 1-6%. LME copper prices managed to regain the $6,200 level but proceeded to move sideways from there due […]
Aluminum MMI: Index bounces back after last month’s three-year low
The Aluminum Monthly Metals Index (MMI) bounced off last month’s three-year low with a three-point increase to 86. All prices in the index increased by more than 3%. LME aluminum prices increased in December and surpassed $1,830/mt in early January. Now analysts are watching to see if lackluster demand will allow recent increases to stick.
Construction MMI: November U.S. construction spending jumps 4.1% year over year
The Construction Monthly Metals Index (MMI) picked up one point for a January MMI reading of 79. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Automotive MMI: U.S. auto sales decline in 2019, average transaction prices rise
The Automotive Monthly Metals Index (MMI) picked up three points, rising to a January MMI reading of 89. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. auto sales General Motors reported it delivered 2.89 million vehicles in the U.S. market in 2019, up 12.7% compared with […]
This Morning in Metals: U.S. steel sector starts 2020 with 82% capacity utilization
This morning in metals news, the U.S. steel sector posted a capacity utilization rate of 82.0% to start the new year, copper prices made gains Tuesday and the Port Talbot steelworks’ losses continue to trouble Tata Steel.
Global aluminum production reaches 5.19M tons in November
According to recent data from the International Aluminum Institute, global aluminum production in November totaled 5.19 million tons, down from 5.35 million tons the previous month. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Production in November was also down on a year-over-year basis compared with 5.33 million tons produced in November 2018. […]