This month the Aluminum Monthly Metals Index (MMI) decreased, with weakness coming from all the prices tracked globally. The index value dropped back two points to 86, back to February levels after holding at 88 for three months. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices occasionally […]
Category: Metal Prices
Week in Review: Copper Surplus, Tin in Solar Cells and Gold
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 The International Copper Study Group reported the global copper market was in surplus over the first two months […]
This Morning in Metals: Copper Price Slide Continues
This morning in metals news, the LME copper price continued its tumble this week, U.S. imports from countries like Vietnam have increased and the June 10 Mexico tariff deadline draws near. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Down for Eighth Straight Week The copper price is set […]
Construction MMI: April Spending Down 1.2% Year Over Year; Billings Bounce Back
The Construction Monthly Metals Index (MMI) retreated this month, falling three points for a June MMI value of 81. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending U.S. construction spending in April came in flat compared to March, but dropped 1.2% compared to April 2018, the U.S. Census […]
Automotive MMI: Toyota, Fiat Chrysler Sales Rise; Overall May U.S. Sales Fall
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 […]
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 […]