The Renewables Monthly Metals Index (MMI) held steady this month, coming in for a reading of 108 for the second straight month. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Cobalt Prices Cobalt prices are notorious for being both high and incredibly finicky given the relative scarcity of supply (not to mention […]
Category: Metal Prices
This Morning in Metals: E.U. Approves Provisional Measures to Limit Steel Imports
This morning in metals news, E.U. states have thrown their support behind measures to curb steel imports, Indian steel demand could double by 2025, and copper and zinc prices continue to drop. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook E.U. Backs Steel Import Curbing Measures E.U. states voted to approve […]
Construction MMI: U.S. Construction Spending Up 0.4% in May
The Construction Monthly Metals Index (MMI) dropped two points, falling for a reading of 93 this month. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Construction Spending May construction spending rose 0.4% compared with the revised final estimate for April, according to Census Bureau data released this week. Spending in […]
Automotive MMI: Big Three Companies Post Sales Increases in June
The Automotive Monthly Metals Index (MMI) fell one point this month for a July reading of 103. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Auto Sales Nonetheless, June was a good month for the top U.S. automakers. General Motors, which this year announced it would only report sales on a […]
This Morning in Metals: thyssenkrupp CEO Says Europe Must Protect Steel Industry From China
This morning in metals news, thyssenkrupp CEO Heinrich Hiesinger said European lawmakers need to protect the steel industry from China, copper plummets to a seven-month low and President Donald Trump responded to a European threat of retaliatory tariffs (in response to potential U.S. tariffs on auto imports). Need buying strategies for steel? Try two free […]
Week in Review: Copper’s Tumble, Steel Imports Fall and Harley-Davidson Zooms Away
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? Try two free months of MetalMiner’s Outlook Stuart Burns looks into the Trump administration’s metals tariffs and how much they have or haven’t spurred capacity […]
This Morning in Metals: E.U. Could Have Steel-Curbing Measures by Mid-July
This morning in metals news, it might not be long before the European Union imposes new measures to curb steel import levels, the zinc price continues its slide and Chinese President Xi Jinping warns that China is not afraid of fighting back on trade. Need buying strategies for steel? Try two free months of MetalMiner’s […]
LME Copper Price Falls As Labor Negotiations in Chile Continue
Steel and aluminum are getting all the attention these days — and perhaps rightfully so, given the international row over the U.S.’s steel and aluminum tariffs and the subsequent crossfire of counter-tariffs. But copper, often referred to as “Dr. Copper” for its usefulness as an overall indicator of economic health, is also undergoing important developments. […]
Good and Bad News From the Indian Iron Ore Sector
For the first time in years, India’s iron ore production crossed the 200 million tons per annum (MTPA) milestone. For 2017-18, output touched 210 MT, mostly on increased production in the provinces of Odisha and Karnataka, which was 9% higher than the 192 MT produced in 2016-17. This was also the first time crossing that […]
Week in Review: Norway’s WTO Dispute, the Copper Market and Trade Tensions
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? Try two free months of MetalMiner’s Outlook Rio Tinto and Minmetals entered into a joint venture for mineral exploration in China. Norway initiated a World […]
