The Automotive MMI (Monthly Metals Index) rose by 4.33% month-over-month. With the 25% Trump tariffs now in effect, the market could be in for a bumpy ride. New Wave of Trump Tariffs Hit The Trump Administration implemented two sweeping trade actions, collectively known as the “Trump Tariffs,” that are reverberating across U.S. industries. First came […]
Tag: Automotive MMI
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 […]
Automotive MMI: Market Witnesses Volatility with Tariff Concerns
The Automotive MMI (Monthly Metals Index) held sideways for the third month in a row, moving up a mere 0.62%. In January, the U.S. automotive industry faced significant developments affecting metals prices and manufacturing processes. Key factors included proposed tariffs, strategic investments in steel production and notable market reactions among automotive stocks. Tariff Panic and […]
Automotive MMI: Trump’s Tariff Concerns & More Semiconductor Woes
The Automotive MMI (Monthly Metals Index) held sideways from December to January, dropping a mere 0.48%. The index has yet to show a lot of momentum in 2025, with no clear trend up or down. However, the U.S. automotive industry has raised concerns about Trump’s proposed tariffs on automotive imports from Canada, Mexico and China. […]
Automotive MMI: Stellantis’ CEO Steps Down: How it Will Impact the US Automotive Market
The Automotive MMI (Monthly Metals Index) remained sideways, only moving down 2.58%. There are currently no significant factors within the US automotive market causing much movement in price action, and automotive sector as a whole remains slow. Despite this, concern about incoming tariffs from the new Trump administration remains palpable. While Trump hasn’t threatened tariffs […]
Automotive MMI: Automotive Industry Could Face Headwinds from Germany and Incoming Tariffs
The November Automotive MMI (Monthly Metals Index) found slightly more upward momentum than the prior month. While the index remained sideways, price action rose by 2.33%. That said, the US automotive market could witness headwinds from a combination of factors. First, Donald Trump`s win in the US election could mean incoming tariffs that will impact […]
Automotive MMI: Dropping Steel Production Likely to Impact Automobile Manufacturers
The Automotive MMI (Monthly Metals Index) reduced its downward price action, moving sideways month-over-month by 0.43%. While the automotive industry dodged a bullet with the east coast port strike only lasting 3-4 days, the industry could still face more pressure due to lower steel output. Thanks to ongoing mill maintenance that began in August, hot-dipped […]
Automotive MMI: How is China’s Excessive Steel Dumping Impacting the Automotive Industry?
The Automotive MMI (Monthly Metals Index) moved sideways month-on-month, only rising by 0.78%. Hot dipped galvanized steel prices remained sideways, which helped to hold the index firmly in range. However, China’s recent dumping of excess steel supply into international markets could cause downward price movement and bearish sentiment for the remainder of 2024. China’s Hot-Dipped […]
Automotive MMI: EV Demand Failing to Boost Overall Metal Demand
The Automotive MMI (Monthly Metals Index) maintained a steady sideways trend month-over-month, only moving down 2.53%. Overall steel demand remains tepid, which left little bullish sentiment for hot-dipped galvanized steel. Meanwhile, other metals prices, including copper, dropped after their speculative rallies cooled off in July. Overall, the components of the automotive index had little to […]
Automotive MMI: Automakers Hit the Brakes on Electric Vehicle Investments
Month over month, the Automotive MMI (Monthly Metals Index) failed to break very far outside of its year-long sideways trend. All in all, the index dropped by 4.23% Numerous factors tugged the index down month-over-month, including slowing electric vehicle production. Another pressing matter putting pressure on the automotive market is China implementing further restrictions on […]
