The Rare Earths Monthly Metals Index (MMI) dropped one point this month for a June reading of 19. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Under the Sea In April, researchers announced that a massive source of rare earths had been located just over 1,000 miles southeast of Tokyo. The catch? […]
Category: Metal Prices
Construction MMI: April Construction Spending Up 7.6% Year Over Year
The Construction Monthly Metals Index (MMI) held flat for the month, posting a 95 for our June reading. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Construction Spending Construction spending for April, the month with the most recently available Census Bureau data, picked back up. Total spending during April 2018 hit an […]
Week in Review: China Tariffs, Rising Steel Production and an Indian Copper Smelter Closes
Before we head into the weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Memorial Day, we took a quick look at the most-viewed posts of the year to date (unsurprisingly, Section […]
A May Review: Metals Prices Show Less Volatility After Wobbly April
After the instability in the industrial metals complex in April, May closed with an overall increase in metal prices. However, the increases are, in general, less sharp and less volatile than last month. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Aluminum, Copper and Nickel The three main metals have seen […]
Alumina Prices Putting Pressure on Downstream Products
For years — decades, even — the price of alumina was taken to be one-third of the primary aluminum price. For many years, such a relationship was enshrined in long-term supply agreements with alumina producers sharing in the ups and downs of the primary aluminum price experienced by the smelters. Need buying strategies for steel? […]
A Memorial Day Review of the Top Posts of 2018 (So Far)
The first five months of 2018 have been quite busy ones for the world of metals. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook So, as we celebrate Memorial Day, let’s take a look back at the most-viewed posts on MetalMiner through the first five months of the year. You’ll notice […]
Week in Review: Indian Steel Assets, Balkan Growth and U.S.-China Trade Talks
Before we head into the extended Memorial Day weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook In case you missed it, if you’re looking for clarity on the latest Section 232 and […]
This Morning in Metals: India Files Steel Tariff Complaint at WTO
This morning in metals news, India went to the World Trade Organization (WTO) to file a complaint over the U.S.’s steel tariff, President Trump is reportedly considering a 10% cut in imports of steel and aluminum from the E.U., and the copper falls after optimism fades vis-a-vis U.S.-China trade relations. Need buying strategies for steel? […]
Section 232 and 301, Metal Price Outlooks and More — Webinar June 6
The U.S. Section 232 and 301 probes have made significant waves in global markets this year. In March, the U.S. imposed tariffs on steel and aluminum of 25% and 10%, respectively, as part of the Section 232 probe. Last year, the U.S. launched a Section 301 probe investigating Chinese trade practices, with particular focus on […]
Momentum Slows for Domestic Steel
Domestic steel momentum seems appears to have finally started to slow down. So far this month, hot-rolled coil, cold-rolled coil, hot-dip galvanized and plate prices have begun to trade sideways. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The slower pace of the increases should come as no surprise, as domestic […]