In case you missed it, our latest round of Monthly Metals Index (MMI) reports is in the books. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Last month was a busy one, as countries scrambled to win exemptions from the U.S.’s Section 232 steel and aluminum tariffs. South Korea, Australia, Argentina […]
Category: Metal Prices
Week in Review: Lithium Sources, Prices Rise and a Rare Earths Discovery
Before we head into the weekend, let’s take a look back at the week that was with some of the stories here on MetalMiner: Need buying strategies for steel? Try two free months of MetalMiner’s Outlook When the next economic crisis hits, what will be the cause? MetalMiner’s Stuart Burns looked at one possibility. Europe’s […]
Raw Steels MMI: Imports From China Rise Despite Section 232 Tariffs
The Raw Steels Monthly Metals Index (MMI) increased one point this month, moving up to 89. Domestic steel price momentum seems slower than at the beginning of 2018, as domestic steel prices traded more sideways. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Domestic steel prices remain at a more than […]
This Morning in Metals: Copper Rises For Second Straight Day
This morning in metals news, copper was up again Thursday, the impact of the Trump administration’s steel tariffs on the can business and hearings on the Trump administration’s proposed tariffs on Chinese goods will be extended. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Price Gains Momentum The LME copper […]
GOES MMI: First Grain-Oriented Electrical Steel Exemption Requests Filed
The MetalMiner GOES Monthly Metals Index (MMI) dropped nine points this month to 179. This price drop runs counter to the wider steel market in which prices continued to increase throughout April. The U.S. grain-oriented electrical steel (GOES) coil price fell again this month, dropping 4.7%. Not surprisingly, import levels dropped abruptly, going from over […]
Stainless Steel MMI: Subindex Inches Upward on Rising LME Nickel Prices
In May, the Stainless Steel Monthly Metals Index (MMI) once again inched one point higher. The current reading stands at 77 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The subindex inched higher driven by increasing LME nickel prices. Meanwhile, other related metals in the stainless steel basket traded flat. […]
Renewables MMI: Prices Dip as Subindex Posts Two-Point Drop
The Renewables Monthly Metals Index (MMI) tracked back two points, falling to 105 for our May MMI reading. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Within the basket of metals, Japanese and Korean steel plate posted month-over-month price drops. Meanwhile, Chinese and U.S. steel plate were up for the month. U.S. […]
Aluminum MMI: Skyrocketing Prices Power Six-Point Surge
The May Aluminum Monthly Metals Index (MMI) increased six points. Skyrocketing LME aluminum prices drove the subindex value increase. The current Aluminum MMI subindex stands at 100 points, 6.4% higher than in April. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook LME aluminum price momentum recovered strongly in April. LME aluminum prices reached […]
This Morning in Metals: China’s Aluminum, Steel Exports Increased in April
This morning in metals news, Chinese exports of steel and aluminum were up in April, copper prices fell and negotiators are working to reach a deal on the North American Free Trade Agreement (NAFTA) this month. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Steel, Aluminum Exports Jump in May […]
Rare Earths MMI: Researchers Discover Rare Earths Deposit Under Japanese Waters
The Rare Earths Monthly Metals Index (MMI) lost one point this month, dropping to 20 for our May reading. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Within this basket of metals, yttrium dropped slightly, while terbium oxide fell 7.8%. Neodymium oxide dropped 7.9%. Europium oxide fell 0.9%. Dysprosium oxide fell […]