This morning in metals news: the Department of Commerce announced the rollout of a new Aluminum Import Monitoring and Analysis system; meanwhile, in steel, ArcelorMittal announced added capacity in Canada for the production of automotive structural and safety components; and finally, the United States Geological Survey reported mine waste in the eastern Adirondacks could be […]
Tag: Automotive
World Platinum Investment Council releases bullish 2021 platinum report
The World Platinum Investment Council (WPIC) released a report this month with a bullish view of the platinum market in 2021. The WPIC is bullish on the basis of stronger investment demand and restricted production in South Africa. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Platinum in deficit […]
U.K. car manufacturing on the rocks
We may be coming out of the first pandemic lockdown and business does, broadly, appear to be picking up; however, but some sections of manufacturing, including U.K. car manufacturing, are still suffering badly. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving […]
July auto sales in China jump 16.4% year over year
Further illustrating China’s economic recovery efforts, July auto sales in the country jumped 16.4% year over year, according to the China Association of Automobile Manufacturers (CAAM). China’s auto sales have posted four straight months of year-over-year gains. The streak followed weak sales in March, when they fell 43.3% year over year. However, July sales did […]
Week in Review: Aluminum prices rise; steel capacity gains; Ford CEO to retire
It was another busy week in the world of metals and metal-using sectors. Among this week’s major developments were an executive shakeup at Ford, aluminum prices on the rise in China and a U.S. steel sector seeing capacity utilization gains week by week.
Fed: U.S. industrial production rises 1.4% in May as automakers restart production
While positive coronavirus cases are on the rise in several parts of the country, industrial production bounced back in May after posting the largest monthly drop in the history of the Federal Reserve’s industrial production index in April.
Automotive MMI: U.S. automakers restart production after two-month suspension
The Automotive Monthly Metals Index (MMI) held flat this month.
Week in Review: Aluminum production up; automotive struggles; oil prices plunge
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: a potential copper find in Cornwall; the automotive sector’s struggles; falling oil prices; rising aluminum production and much more. Looking for metal price forecasting and data analysis […]
Automotive industry struggles back to life
The automotive industry has often been at the vanguard of manufacturing practices. The Toyota Way and lean manufacturing were pioneered in the automotive sector but have since spread across multiple industries and even into services. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! So when the […]
Auto sales collapse, supply chain suffers unprecedented closures
2019 was a pretty gloomy year for the world’s automakers and their supply chain. MetalMiner’s monthly buying outlook reports give you pricing and specific buying strategies for 10 metal types. Request your trial now.
