The Automotive Monthly Metals Index (MMI) dropped five points, down to a June MMI value of 86. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Sales Fiat Chrysler’s May sales increased 2% year over year, reaching 218,702 vehicles for the month. “On a year-over-year basis we have increased our […]
Category: Metal Prices
The June MMO Report: A Section 232 Decision and a Turn in U.S.-China Talks
MetalMiner’s June 2019 Monthly Metal Buying Outlook is in the books. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Monthly Metal Buying Outlook, released at the beginning of every month, offers analysis and buying strategies for 10 metals: Aluminum Copper Nickel Lead Zinc Tin Hot-Rolled Coil (HRC) Cold-Rolled Coil […]
ICSG: Global Copper Market Tallies 40K Ton Surplus Through First Two Months of 2019
The International Copper Study Group (ICSG) recently reported world copper mine production fell 1.8% through the first two months of the year, per preliminary data. The global copper market was in surplus by 40,000 tons in the first two months of the year, the ICSG reported. Need buying strategies for steel? Request your two-month free trial […]
Week in Review: Alunorte, the Palladium-Platinum Spread and China’s Rare Earths
Before we head into the weekend, let’s take a look 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 We took a look back at the most-viewed posts on MetalMiner in the year to date. Stuart Burns […]
This Morning in Metals: Trump Threatens Mexico with Tariffs as USMCA Push Continues
This morning in metals, President Donald Trump threatened to impose tariffs on all imports from Mexico, Shanghai steel prices are down and copper prices are en route to their biggest monthly fall since 2015. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Trump Threatens More Tariffs on Mexican Goods The […]
Taking a Closer Look at the Platinum-Palladium Price Spread
In spite of their status as precious metals, the automotive industry accounts for a high percentage of platinum and palladium demand annually, making the pair essentially industrial metals. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Given that a high percentage of demand generated from the automotive industry relates to […]
This Morning in Metals: Parties Register Official Interest in British Steel
This morning in metals news, a number of groups have registered interest in British Steel, Chinese iron ore futures surged to a new high, and Alcoa and Arconic workers could be set to go on strike. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Potential Buyers for British Steel Last […]
Alunorte’s Restart Does Not Bode Well for Aluminum Prices
According to the Financial Times, Norsk Hydro’s giant Alunorte refinery in Brazil has been given approval to restart production by the Brazilian authorities. The announcement caught the market by surprise, coming some months earlier than had been expected. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The restart is a boost for Hydro, […]
A Memorial Day Review of the Top 10 Most-Viewed Posts of 2019 (So Far)
The first five months of 2019 have been quite busy ones for the world of metals. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Let’s take a look back at the most-viewed posts on MetalMiner through the first five months of the year. Unsurprisingly, steel and aluminum dominated the list. […]
Week in Review: A Weakening Yuan, British Steel’s Struggles and a ‘Perfect Storm’
Before we head into the Memorial Day 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 delved into the situation at British Steel early in the week (prior to […]