The Copper Monthly Metals Index (MMI) held its value at 71, with around two-thirds of the metal prices in the basket staying essentially flat. Several Chinese prices registered increases of around 2%, but the gains were not enough to move the index upward. Keep up to date on everything going on in the world of […]
Category: Non-ferrous Metals
SUV Demand Raises Questions about Impact of EVs on Environmental Targets
An interesting article in the Financial Times this week struck a chord with us at MetalMiner where we often debate how we see metals and manufacturing will go. As such, we often try to shoot holes in oft touted but poorly researched “trends” found in the popular media or espoused by politicians. Keep up to […]
Aluminum MMI: Chinese, LME Price Declines Drag Down the Index
The Aluminum Monthly Metals Index (MMI) dropped by one point again this month, this month down to an MMI reading of 82. However, rather than universal price weakness like last month, price declines in China pulled the index down (along with a milder drop in LME prices). All other prices in the index increased, although […]
Week in Review: Steel Production, Copper Prices and India’s Nuclear Power Capacity
Before we head into the weekend, let’s take a look back at this week’s coverage on MetalMiner, which included analysis of Chinese steel production, the U.S.’s search for sources of rare earths outside of China, and falling copper and aluminum prices. Keep up to date on everything going on in the world of trade and […]
Automotive MMI: After Strong August, Sales Slow in September
The Automotive Monthly Metals Index (MMI) held flat this month for an MMI reading of 85. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Auto Sales The Big 3, which now all report sales on a quarterly basis, released sales figures for the […]
Aluminum Prices Slide on Supply and Demand Fundamentals, Strong Dollar
Aluminum consumers have watched the primary ingot price drift gradually lower since the beginning of this year. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. There have been peaks and troughs, of course, as the price is buffeted by trade news, mill outages […]
This Morning in Metals: WTO Panel Rules in U.S.’s Favor, Opening Door to $7.5B in Tariffs on E.U. Goods
This morning in metals news, the WTO ruled in favor of the U.S. in its ongoing battle with the E.U. over Airbus subsidies, striking workers at General Motors rejected the automaker’s latest offer, a Louisiana steel group has gone bankrupt and copper prices are slumping. Keep up to date on everything going on in the […]
This Morning in Metals: U.S. Steel Announces Joint Venture Partnership with Big River Steel
This morning in metals news, U.S. Steel announced a new joint venture with Big River Steel, the E.U.-U.S. fight over aircraft subsidies continues and Chile’s copper output increased in August. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel to Purchase 49.9% […]
This Morning in Metals: General Motors Strike Enters Third Week
This morning in metals news, the nationwide General Motors strike has entered its third week, Norsk Hydro is opening a new aluminum research lab and Thyssenkrupp announced a new CEO will take over Oct. 1. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
This Morning in Metals: U.S. Steel Imports Down 13.6% This Year
This morning in metals news, U.S. imports of steel through the first eight months of the year are down 13.6%, Rio Tinto signed a memorandum of understanding (MOU) with China’s largest steel producer and LME copper prices fell Thursday. Keep up to date on everything going on in the world of trade and tariffs via […]