Have you set your 2020 metals budget? Make sure your purchasing strategy is sound with MetalMiner’s 2020 Annual Metals Outlook! Click on the image below to get your complimentary sample of the 2020 Annual Metals Outlook. The full report is only available to corporate subscribers. However, the free sample report includes access to: Executive summary […]
Category: Metal Prices
Renewables MMI: Cobalt Prices Gain Upward Momentum
The Renewables Monthly Metals Index (MMI) dropped two points for a September MMI value of 99. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook First Cobalt Eyes Restart of Canadian Refinery First Cobalt Corp., a Toronto-based firm, is looking into restarting its idled cobalt refinery in Canada, Reuters reported. First Cobalt […]
Global Precious MMI: Index Rises Four Points as Platinum Gains Momentum
The Global Precious Monthly Metals Index (MMI) gained four points this month, rising for a September MMI reading of 106. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Gold Market Subdued in India MetalMiner’s Sohrab Darabshaw delved into the Indian gold market ahead of the festival season in the country, which […]
Rare Earths MMI: Pentagon Explores Possible Rare Earths Plant in Australia
The Rare Earths Monthly Metals Index (MMI) held flat this month, checking at an MMI value of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Looks to Australia for Rare Earths China’s dominance of the global rare earths market is well-documented, a fact the U.S. defense sector has grappled […]
Construction MMI: ABI in Longest Flat Stretch Since Recession
The Construction Monthly Metals Index (MMI) dropped one point for a September MMI reading of 77. 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, U.S. construction spending in July totaled $1,288.8 billion, up 0.1% from the revised June estimate of $1,288.1 billion. […]
This Morning in Metals: Bank of America Cuts Steel Price Forecast
This morning in metals news, Bank Of America cut its steel price forecast, copper prices dropped and gold lost some of its safe haven luster. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Gloomy Steel Forecast Bank of America has cut its steel price forecast and is less than optimistic […]
MetalMiner Launches New MetalMiner Insights Platform
The world of metals procurement can be a difficult one to navigate, particularly amid the current climate of trade wars, tariffs and a bevy of other risks ranging from climate change to geopolitical tensions. That’s why it’s vital to come to the marketplace with dynamic, relevant and accurate data to inform your decision-making. MetalMiner’s new […]
India’s Steel Sector Woes Continue as Steel Inventories Pile Up
India’s growth rate has slowed, which in turn means sluggishness in the manufacturing sector. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook All of the above means lower consumption of steel. Riding on these developments comes the news that domestic steel producers are sitting on a “larger than usual” steel […]
This Morning in Metals: U.S. Steel Capacity Utilization Rate Falls to 80.8%
This morning in metals news, the U.S. steel industry’s steel capacity utilization rate for the year through Aug. 31 fell to 80.8%, copper bounced back from a two-year low and China’s vice premier made a call for a “deeper mutual understanding” between the U.S. and China. Need buying strategies for steel? Request your two-month free […]
This Morning in Metals: Tata Steel Closures in U.K. to Potentially Impact 400 Jobs
This morning in metals news, Tata Steel is closing some of its operations in the U.K., copper is down to a two-year low and the Dow Jones dropped on the heels of the latest round of tariffs going into effect Sept. 1. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]