The Rare Earths Monthly Metals Index (MMI) held flat this month, again hitting an MMI reading of 17. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Denies Report it is Limiting Rare Earth Output China’s dominance in the rare earths sector is well-documented. The country’s sway in the market is […]
Category: Metal Prices
Construction MMI: U.S. Construction Spending Flat in September
The Construction Monthly Metals Index (MMI) dropped one point this month, down to a November MMI reading of 89. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending The U.S. Census Bureau released data late last week on construction spending for September, showing spending held flat from the previous […]
This Morning in Metals: U.S. Steel Imports Down 26% in September
This morning in metals, U.S. imports of steel are down by 26%, metal prices have gotten a boost from a softer dollar and ArcelorMittal reported its third-quarter results. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Steel Imports in the U.S. U.S. imports of steel were down 26% in September […]
This Morning in Metals: Shanghai Metals Prices Drop on Weaker Manufacturing Growth
This morning in metals news, Shanghai steel prices are down, Shanghai zinc and copper prices are also down, and U.S. steel prices are up by double-digit percentages this year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Shanghai Steel Falls Prices of Shanghai steel have dropped Wednesday for a third […]
This Morning in Metals: U.S. Could Add $257B in Tariffs on China if Talks Fail
This morning in metals news, another major tariff hammer could be set to fall on Chinese goods coming into the U.S., iron ore prices continue to rise and copper falls. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook More Tariffs on the Way? The U.S. has already imposed tariffs worth […]
This Morning in Metals: Trump Reviews Metals Tariffs on Canada, Mexico
This morning in metals news, President Trump is reviewing the U.S.’s steel and aluminum tariffs with respect to their application to Canada and Mexico, copper prices are up and the World Trade Organization (WTO) has set up a panel for a dispute between Japan and South Korea. Need buying strategies for steel? Request your two-month […]
Ford Shares Surge After 3Q Earnings Release
Ford Motor Co. released its Q3 financial results on Wednesday, two days after President of Global Operations Joe Hinrichs said the U.S.’s tariff on steel have made U.S. steel more expensive than steel from anywhere else in the world. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The automaker posted […]
This Morning in Metals: London Copper Prices Hit Two-Week Low
This morning in metals news, the LME copper price fell Thursday, miner Antofagasta downgraded its 2018 copper production guidance and Norsk Hydro says the global aluminum market is moving toward a deficit. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Price Slides The LME copper price dropped to a two-week low […]
Palladium Price Continues to Soar
With just over two months left in the calendar year, one can look back and see what a bumpy road it has been for some metals. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Not so for palladium. The platinum-group metal (PGM) hit a record high Tuesday, Reuters reported, on account of tight […]
This Morning in Metals: Ford Says Prices of U.S. Steel More Expensive than Anywhere Else
This morning in metals, Ford Motor Co. says prices of U.S. steel are higher than anywhere else in the world, China’s alumina exports surged in September and the LME copper price dropped Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook High Prices U.S. automaker Ford has been vocal about […]