Tag: Automotive MMI

Automotive MMI: Market Witnesses Volatility with Tariff Concerns

Automotive MMI: Market Witnesses Volatility with Tariff Concerns automotive industry, tariffs and metals prices

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

Automotive MMI: Trump’s Tariff Concerns & More Semiconductor Woes Import Logistics

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

Automotive MMI: Stellantis’ CEO Steps Down: How it Will Impact the US Automotive Market US Automotive Industry: Stellantis

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

Automotive MMI: Automotive Industry Could Face Headwinds from Germany and Incoming Tariffs Made in Germany

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

Automotive MMI: Dropping Steel Production Likely to Impact Automobile Manufacturers automotive manufacturing

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?

Automotive MMI: How is China’s Excessive Steel Dumping Impacting the Automotive Industry? Hot dipped galvanized steel

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

Automotive MMI: EV Demand Failing to Boost Overall Metal Demand Battery metals, electric vehicles, metals prices

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

Automotive MMI: Automakers Hit the Brakes on Electric Vehicle Investments Electric Vehicles

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 […]

Automotive MMI: Will EV Demand Hold Copper Prices Up Long-Term?

Automotive MMI: Will EV Demand Hold Copper Prices Up Long-Term? Automotive manufacturing

The Automotive MMI (Monthly Metals Index) continued to rise month-over-month, this time increasing by 3.04%. Aluminum and platinum prices rose significantly, which pulled the index up and provided significant bullish price action. Meanwhile, copper prices also added some bullish sentiment to the index, though not quite as much as in May. Copper prices continue to […]

Automotive MMI: Will Potential Copper Shortages Impact the Automotive Market?

Automotive MMI: Will Potential Copper Shortages Impact the Automotive Market? car copper

The Automotive MMI (Monthly Metals Index) broke out of its nearly 6-month-long sideways trend amid several changes in metals prices. Month-over-month, the index rose 5.24%. Except for shredded scrap steel and palladium, most components of the index either moved up or sideways with slight upward movement. With the recent LME and CME ban on Russian […]

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