The Construction MMI (Monthly Metals Index) held its five-month-long sideways trend, only moving up by .59%. Meanwhile, the latest tariffs on construction materials from China have not taken a massive toll on metals prices. However, another 10% increase in Chinese tariffs by the Trump administration this past month (raising the total percentage to 20%) may […]
Category: Tariffs
Copper MMI: Copper Prices Up on 25% Tariff Threat
The Copper Monthly Metals Index (MMI) held sideways, although the upside bias continued to accelerate. Supported by a rise among most of its components, the index increased 2.8% from January to February. 25% Tariff Threat Boosts Comex Copper Price Comex copper prices remained decidedly bullish, jumping even higher on the suggestion that a 25% copper […]
Automotive MMI: Hot-Dipped Galvanized Prices Spike Amongst New Tariffs
The Automotive MMI (Monthly Metals Index) increased by 4.47% month over month. The primary culprit for the bullish sentiment was hot-dipped galvanized prices rising due to tariff anticipation from the automotive industry. U.S. Automotive Industry Faces Rising Costs and Trade Challenges The U.S. automotive sector is grappling with economic pressures that could alter its operational […]
Worried About Trump Tariffs? Here’s Our Comprehensive Guide to 2025 Steel and Aluminum Tariffs
In February 2025, President Trump reinstated and expanded the Section 232 tariffs on all steel (including stainless steel products) and aluminum imports, setting a flat 25% duty effective March 12, 2025 (what’s known as the “Trump Tariffs”). This renewed policy removes all previously negotiated country-specific exemptions and broadens the tariff’s scope to include a diverse […]
