The Rare Earths Monthly Metals Index (MMI) stood pat this month for an MMI value of 17. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Pentagon Reviews Critical Materials Dependence Tariffs have been flying left and right this year, impacting a wide range of products, from steel and aluminum to […]
Category: Metal Prices
Construction MMI: August U.S. Construction Spending Up 6.5% Year Over Year
The Construction Monthly Metals Index (MMI) lost two points this month, falling for a reading of 90. U.S. Construction Spending U.S. construction spending in August — the most recently available month of Census Bureau data — hit $1,318.5 billion, up 0.1% from the revised July estimate. Need buying strategies for steel? Request your two-month free trial […]
Automotive MMI: Several Top Automakers Slump in September U.S. Sales
The Automotive Monthly Metals Index (MMI) held flat this month, holding for a reading of 96 for our October MMI. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors, which now reports sales on a quarterly basis, reported a Q3 year-over-year sales decline of 11%. “The U.S. […]
China is Taking a Breather in its War on Smog This Winter
In recent years China’s steel sector — particularly the large, state-owned steel mills — have benefited from the enforced closure of capacity on environmental grounds during the winter heating season. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Contrarian as it may at first sound, closure of private mills largely […]
Zinc on the Brink of New Beginnings
An article in The New York Times makes a compelling case for why we may be looking at zinc as an exciting technology metal in years to come (rather than its traditional image as the galvanizing metal that stops steel from rusting). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Week in Review: Tariffs, Brexit and Excess Steel Capacity
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 Sohrab Darabshaw weighs in on India’s approach to U.S. tariffs. What’s the latest with Brexit? Stuart Burns […]
This Morning in Metals: Copper, Aluminum Prices Drop on News of China’s Adjusted Winter Capacity Cuts
This morning in metals news, copper and aluminum prices drop, Japanese steel exports fall and the U.S. and Canada still remain without a new deal vis-a-vis North American Free Trade Agreement (NAFTA) renegotiation efforts. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Copper, Aluminum Prices Fall on Scaledown of China’s Winer Cuts Copper […]
This Morning in Metals: $80 Oil and Energy Infrastructure Investment
This morning in metals, Shell’s chief executive says $80 oil is good for energy infrastructure investment, China’s Baowu is reportedly in talks to acquire a rival and base metals prices dropped on Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook $80 Oil? Shell CEO Says It’s Not Unreasonable In […]
This Morning in Metals: Copper Near 10-Week High Despite Trade Tensions
This morning in metals news, copper prices approached a 10-week high, trade tensions continue to rise between the U.S. and China, and an Australian coal miner boasts a $4.4 billion IPO. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Prices Hover Near 10-Week High Even with trade tensions weighing […]
This Morning in Metals: USTR Questions Global Steel Forum’s Ability to Deliver Capacity Cuts
This morning in metals news, the Office of the United States Trade Representative (USTR) dished out criticism for a global steel forum and its efforts toward curbing excess steel capacity, Chinese steel rebar prices are up and Walmart warns tariffs could result in price increases. Need buying strategies for steel? Request your two-month free trial […]
