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 In case you missed it, the July 2019 MMI report was released last week. Zinc and lead […]
Category: Metal Prices
Chatting with CRU’s Josh Spoores Ahead of the 2019 SMU Steel Summit
Where are steel prices going from here? What about lead times? How are tariffs impacting the market? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Those in the steel sector will have a chance to learn about all of the trends impacting the steel industry during the upcoming SMU Steel […]
Indonesia’s Export Ban Update Drives Nickel Price Rise
After drifting off from a spring high, the nickel price has flatlined in the second quarter (along with much of the rest of the metals complex). However, the metal has put in a surprisingly strong performance in just the last week due to Indonesia’s announced export ban spooking market concerns about supply, according to the Financial Times. […]
This Morning in Metals: U.S. Steel Sector’s Capacity Utilization Hits 81.1%
This morning in metals news, the U.S. steel sector continues to outproduce 2018 levels, copper prices are around two-week highs and President Donald Trump took to Twitter to tout the impact of the U.S.’s tariffs on China’s economy. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Capacity Utilization Rate Reaches […]
The July MMI Report: Seven of 10 MMIs Post Upward Movement
The July 2019 Monthly Metals Index (MMI) report is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After a couple of down months, the MMIs showed upward movement this time around. Seven of 10 MMIs increased for the July reading. The Raw Steels MMI was the lone subindex to […]
Week in Review: Trade Tensions, MMI Week and India’s Steel Sector
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 Stuart Burns on trade tensions between the U.S. and the E.U. We wrapped up MMI week with […]
Renewables MMI: Congo’s Copper Production Growth Outpaces Cobalt
The Renewables Monthly Metals Index (MMI) gained three points this month, rising to a July MMI value of 105. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Congo Cobalt Output Rises 3% Cobalt output in the Democratic Republic of the Congo (DRC) jumped 3% over the first five months of the […]
Stainless MMI: Nickel Prices Surge as Stainless Surcharges Fall
The Stainless Steel Monthly Metals Index (MMI) bounced back this month, rising two points to 69 after last month’s two-point drop. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Movements of individual prices within the index were mixed. LME nickel prices increased the most among price points in the […]
Raw Steels MMI: Weak U.S. Prices Lead to One-Point Index Decline
The Raw Steels Monthly Metals Index (MMI) fell slightly this month, following last month’s more significant decline. The index came in at 75 this month, down one point from the previous month. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices continued their clear drop this month, with […]
Global Precious MMI: U.S. Dollar Gains Strength; Markets Await Fed Chairman’s Testimony This Week
The Global Precious Monthly Metals Index (MMI) picked up eight points, rising for a July MMI value of 101. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The U.S. Dollar and Precious Metals This past month, MetalMiner chatted with Americas Silver Corporation CEO Darren Blasutti to talk about the precious metals […]