After what was a frigid month across the country, February housing starts declined in the US. February saw a historic chill in Texas and elsewhere in the region — in addition to inclement weather in other, traditionally colder parts of the country — that led to many losing power and a decline in natural gas […]
Category: Public Policy
This Morning in Metals: European Parliament passes Carbon Border Adjustment Mechanism
This morning in metals news: the European Parliament recently voted on a resolution for a Carbon Border Adjustment Mechanism; China’s steel output reached nearly 175 million tons in January and February; and the US CRC price has widened the spread with the China CRC price. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring […]
This Morning in Metals: U.S. Steel acquires flat rolled steel sheet patents
This morning in metals news: U.S. Steel announced the acquisition of patents from The NanoSteel Company, Inc.; meanwhile, China is eyeing stronger management of its mineral resources; and, lastly, Rio Tinto plans on building a new tellurium plant at its Kennecott mine. The MetalMiner team will present a commodity forecast for copper, aluminum, stainless and […]
Rare Earths MMI: Lynas reports half-year results; executive order eyes rare earths supply chain
The Rare Earths Monthly Metals Index (MMI) rose by 10.6% for this month’s reading. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. Lynas Rare Earths reports half-year results Australia’s Lynas Rare Earths Ltd., the largest rare earths firm outside […]
Automotive MMI: US auto sales strong in February despite inclement weather
The Automotive Monthly Metals Index (MMI) rose by 7.1% this month, as US auto sales were strong in February. You want more MetalMiner on your terms. Sign up for weekly email updates here. US auto sales Ford Motor Co. reported its February US retail auto sales reached 163,520 vehicles, down 1.8% year over year. Ford […]
This Morning in Metals: US construction spending starts strong in January
This morning in metals news: US construction spending picked up in January; meanwhile, the Federal Register published the text of President Joe Biden’s latest executive order; and, lastly, the copper price came back down to close last week. US construction spending rises in January US construction spending picked up to a seasonally adjusted annual rate […]
Department of Commerce calculates margins for AD, CVD orders on aluminum foil from China
The US Department of Commerce this week announced final margins for anti-dumping and countervailing duties on aluminum foil from China. Do you know the five best practices of sourcing metals, including aluminum? DOC calculates AD, CVD margins for aluminum foil According to the Aluminum Association, the Department of Commerce announced anti-dumping and countervailing duty margins […]
Biden signs executive order aimed at securing supply chains for semiconductors, critical minerals
President Joe Biden’s latest executive order seeks to secure a variety of important supply chains. For example, in one higher-profile case, General Motors recently announced it would extend downtimes at several plants as a result of a semiconductor shortage. As we’ve noted in our Rare Earths Monthly Metals Index (MMI) series, rare earths supply has […]
What’s next for the former Trump administration’s aluminum tariff?
Whether the new Biden administration creates a more insightful or sophisticated approach to trade remains to be seen. But, if nothing else, a new administration is a chance for a reset on policies that have not worked as intended under a previous administration. Aluminum tariff policy The previous administration’s Section 232 tariffs on aluminum of […]
This Morning in Metals: Gold price, US dollar retrace while Bitcoin surges
This morning in metals news: the gold price continues to slide; the Federal Reserve released its latest Monetary Policy Report; and the record freeze in Texas is disrupting natural gas production. Gold price weakens After surging to around $2,035 per ounce in August, the gold price for the most part trended in a band between […]
