Tag: China

Rare Earths MMI: 10% Chinese Tariff – How Much Will it Impact Rare Earths?

Rare Earths MMI: 10% Chinese Tariff – How Much Will it Impact Rare Earths? China And US

The Rare Earths MMI (Monthly Metals Index) held sideways from January to February, moving up a slight 2.88%. Rare earths prices have proven more volatile in the past year than other metal products like steel. Now, it seems the rare earth market could witness more volatility in 2025. President Trump recently imposed a 10% tariff […]

Rare Earths MMI: The Trump Transition and What to Expect for U.S. Rare Earth Imports

Rare Earths MMI: The Trump Transition and What to Expect for U.S. Rare Earth Imports Podium

The Rare Earths MMI (Monthly Metals Index) displayed bearish sentiment as it entered 2025, dropping by 3.08%. Weak Chinese demand for metals across the board had at least some impact on the downward direction of the index month-over-month. Considering major changes are underway in the global rare earth industry, this created downward short-term price pressure. […]

Aluminum MMI: End of China Rebates, Alumina Supply Support Aluminum Prices

Aluminum MMI: End of China Rebates, Alumina Supply Support Aluminum Prices aluminum-ingots-aluminum-industrial-production-material-pi

The Aluminum Monthly Metals Index (MMI) edged lower, with a 1.23% decline from November to December. Aluminum Prices: A Year in Review 2024 began on a low note for the aluminum market, as Q4 2023 witnessed a year-over-year drop in shipments as well as average selling prices for certain domestic suppliers. In its financial results, […]

Copper MMI: Copper Prices Wrap Up 2024 Sideways, Up 7.66% from 2023

Copper MMI: Copper Prices Wrap Up 2024 Sideways, Up 7.66% from 2023 copper roll, price of copper

Overall, the Copper Monthly Metals Index (MMI) remained bearish, with a 4.65% decline from November to December. Copper Prices to Close 2024 Up, But the Outlook is Down Often a bellwether for the global economy, the price of copper became a bellwether for market emotionality throughout 2024. Despite lackluster demand conditions, copper prices embarked on […]

Construction MMI: China’s Export Tax Rebate Reverberates on U.S. Construction Market

Construction MMI: China’s Export Tax Rebate Reverberates on U.S. Construction Market Export Tax Rebate Cut-China

The Construction MMI (Monthly Metals Index) held its sideways trend, dropping by a slight 1.09%. Despite a torrent of construction news, the index didn’t budge much month-over-month and had a minimal reaction to recent interest rate drops. The Fed will likely need to drop interest rates more aggressively for the construction index to display any […]

Global Markets Brace for Aluminum Bull Run Amid Supply Crunch

Global Markets Brace for Aluminum Bull Run Amid Supply Crunch aluminum prices and aluminum supply

Global bauxite and aluminum prices have surged to a five-month high this month, driven by economic growth, growing supply concerns, a dip in the value of the U.S. dollar and the “China factor.” Currently, analysts predict that prices could rise further from current levels. Aluminum prices are currently about 18% higher year-on-year. Even aluminum futures […]

Trump’s Return: Will Tariffs and Green Tech Define the Future of HRC Prices?

Trump’s Return: Will Tariffs and Green Tech Define the Future of HRC Prices? AdobeStock 887488415

Big changes seem to be coming for the steel industry in Europe and the U.S. The European Commission, the executive arm of the EU, recently put forth a masterplan for a new industrial strategy in the 27-member bloc. Mainly the work of former Italian Prime Minister Mario Draghi, who now serves as special adviser to […]

Aluminum MMI: End of China Rebates, Alumina Supply Support Aluminum Prices

Aluminum MMI: End of China Rebates, Alumina Supply Support Aluminum Prices aluminum-cast-moulding

The Aluminum Monthly Metals Index (MMI) steadied, with a 1.38% rise from October to November. Aluminum prices moved sideways during October. While they only managed a 0.99% rise, aluminum still managed to outperform other base metals during the month. However, prices started to slip by mid-November as they echoed the increasingly bearish trend emerging in […]

Copper MMI: Copper Prices Sideways After Trump Election

Copper MMI: Copper Prices Sideways After Trump Election Trump

Overall, the Copper Monthly Metals Index (MMI) retraced to the downside, with a 3.56% decline from October to November. After outperforming the base metal category last month, Comex (CME) copper prices found a peak on October 3. This was followed by a modest retracement that saw copper prices fall 5.21% from the close of September. Despite […]

Ukraine’s Iron Comeback: 96% Export Surge in a War-Torn Economy

Ukraine’s Iron Comeback: 96% Export Surge in a War-Torn Economy Ukraine

Ukraine regained some of its mojo since war broke out with Russia almost two years ago, at least as iron ore is concerned. In fact, it is possible this will have significant repercussions for iron ore prices. According to media reports quoting official data from the State Customs Service, Ukraine has exported almost 28 million […]

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