The Global Precious Monthly Metals Index (MMI), which tracks a basket of precious metals and precious metals prices, picked up one point for an MMI reading of 107 this month. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Palladium Surges, Widens Spread with […]
Category: Metal Prices
Raw Steels MMI: Global Steel Prices Continue to Falter
The Raw Steels Monthly Metals Index (MMI) took another hit this month, dropping three points to 67. The index has now dropped for seven consecutive months — following an early 2019 high of 82 in March — on the back of falling steel prices. U.S. steel prices dropped in September, with plate prices recording the […]
Rare Earths MMI: U.S. Looks to Bypass China, Form New Rare Earths Partnerships
The Rare Earths Monthly Metals Index (MMI) dropped one point this month down to an MMI reading of 21. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Looks Beyond China One point of underlying tension between the U.S. and China, as the two […]
This Morning in Metals: China Reportedly Pushes for Partial Trade Deal with U.S.
This morning in metals news, China could be pushing for a partial trade deal with the U.S., the Trump administration criticized the Louisiana governor over his characterization of the reasons for Bayou Steel Group’s closure and copper ticked up Wednesday. Keep up to date on everything going on in the world of trade and tariffs […]
Stainless MMI: Nickel Prices Stop Surging and Begin to Move Sideways
The Stainless Steel Monthly Metals Index (MMI) dropped back by three points to 88. The drop comes after reaching a five-year high of 91 last month, following strong increases for two consecutive months and culminating in last month’s 16-point surge. Price increases caught up with additional values in the index, while key prices that initially […]
Copper MMI: Copper Not Impacted by U.S.’s Retaliatory E.U. Tariffs — at Least for Now
The Copper Monthly Metals Index (MMI) held its value at 71, with around two-thirds of the metal prices in the basket staying essentially flat. Several Chinese prices registered increases of around 2%, but the gains were not enough to move the index upward. Keep up to date on everything going on in the world of […]
Aluminum MMI: Chinese, LME Price Declines Drag Down the Index
The Aluminum Monthly Metals Index (MMI) dropped by one point again this month, this month down to an MMI reading of 82. However, rather than universal price weakness like last month, price declines in China pulled the index down (along with a milder drop in LME prices). All other prices in the index increased, although […]
Week in Review: Steel Production, Copper Prices and India’s Nuclear Power Capacity
Before we head into the weekend, let’s take a look back at this week’s coverage on MetalMiner, which included analysis of Chinese steel production, the U.S.’s search for sources of rare earths outside of China, and falling copper and aluminum prices. Keep up to date on everything going on in the world of trade and […]
This Morning in Metals: Codelco to Hold European Copper Premium Flat
This morning in metals news, Codelco is holding its 2020 copper premium flat for Europe, China’s yuan could see further devaluation and Alcoa’s Baie-Comeau smelter has received certification from the Aluminum Stewardship Initiative. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper Premium […]
Construction MMI: Architecture Billings Show Signs of Slowing Down
The Construction Monthly Metals Index (MMI) held flat this month, sticking at an MMI reading of 77. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Construction Spending According to the U.S. Census Bureau, U.S. construction spending in August reached a seasonally adjusted annual […]
