Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook President Donald Trump announced a new 10% tariff on an additional $300 billion in Chinese goods, effective […]
Category: Metal Prices
Rare Earths MMI: China Rare Earths Association Calls out U.S.’s Trade ‘Bullying’
The Rare Earths Monthly Metals Index (MMI) dropped one point this month for an August reading of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Tariffs, China and Rare Earths Once again, the ongoing trade talks between the U.S. and China took a turn toward further tensions recently when President […]
Copper MMI: How a Boeing Trade Case Could Cause Global Copper Prices to Skyrocket, Give Wieland Metals a Guaranteed Monopoly
A 15-year trade dispute between Airbus and Boeing could send copper prices skyrocketing, with an even greater impact on U.S. manufacturers than the Section 232 tariffs had on steel and aluminum. MetalMiner has long covered this current dispute between Airbus and Boeing. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Raw Steels MMI: Mixed Price Movements Lead to One-Point Index Drop
The Raw Steels Monthly Metals Index (MMI) fell one point this month for an August reading of 74. Small price increases for some metals did not outweigh a few steeper price drops, bringing the index down for the month. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices […]
Construction MMI: U.S. Construction Spending Falls 2.1% in June
The Construction Monthly Metals Index (MMI) fell three points for an August reading of 78. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending According to the U.S. Census Bureau’s most recent construction spending report, U.S. construction spending reached $1,287.0 billion in June, down 1.3% from the May estimate […]
Aluminum MMI: Global Demand Weakness Pulls the Index Back
The Aluminum Monthly Metals Index (MMI) dropped two points this month to 84. Most of the prices tracked for the index dropped this month, with European prices dropping the most (by close to 7.5%). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices fared best of all of […]
This Morning in Metals: Copper Falls to Two-Year Low on Trade Worries
This morning in metals news, the copper price fell to a two-year low, the value of the Chinese yuan fell past an important barrier and Rio Tinto offered an update on its Winu project. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Plunges to Two-Year Low As trade worries […]
Week in Review: Trump Announces New Tariffs, Steel Imports Fall and Iron Ore Retraces
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel imports are down 13% through the first half of the year. Norsk Hydro announced it will […]
Metals Procurers Discuss Strategies, Year Ahead at MetalMiner Forecasting Workshop
Metals procurement professionals are always looking for an extra edge to better set and coordinate their metals spend. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Of course, a wide variety of factors enter the equation: cost, trade headwinds, supplier reliability, political movements and much more. At MetalMiner’s Forecasting Workshop […]
This Morning in Metals: U.S., China Conclude Latest Round of Trade Talks
This morning in metals news, the latest round of U.S.-China trade talks wrapped up Wednesday, steel companies are not reducing emissions fast enough and analysts cut their copper forecast for fourth-quarter prices. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S., China Conclude Talks in Shanghai Trade negotiators from the […]
