The Rare Earths MMI (Monthly Metals Index) rose considerably over the past month, climbing by a total of 7.05%. The primary factor influencing the rare earth price forecast over the […]
Tag: China
Construction MMI: Chinese Sourced Steel Prices Spike, Supply Pinches Possible
The Construction MMI (Monthly MetalMiner Index) rose considerably by 7.68%, with Chinese steel prices getting a significant boost. In fact, all facets of the index related to China (except for […]
Rare Earths MMI: Surge in China’s COVID Cases Impact Prices
The Rare Earths MMI (Monthly MetalMiner Index) jumped slightly more than in the past six months, rising 4.45%. All month, geopolitical factors, mostly involving China, significantly impacted the index. For […]
China’s Economy: Don’t Get Your Hopes Up Just Yet
Could China’s economy resume its normal growth trajectory in 2023 after recording one of its lowest growth rates ever in 2022? Recently, the country introduced some more financial stimuli and […]
Copper Price Trends: 2022 Review
Looking at 2022 copper price trends, the market was nearly as volatile as metals like nickel and aluminum. Currently, copper prices are attempting to break prior highs but have yet […]
China and Australia to Renew Trading of Iron Ore, Coking Coal, Other Goods
It’s been 50 years since Australia first established diplomatic relations with China. But compared to the relative warmth of the early years, modern relations between the two nations are in […]
Copper MMI: Copper Prices Bullish as Year’s End Approaches
The Copper Monthly Metals Index (MMI) rose 3.87% from November to December. As with other base metals, copper prices broke out of range to the upside last month as China […]
Aluminum MMI: Rally Continues as Aluminum Prices Remain Bullish
Aluminum prices broke out of their sideways trend last month with strong upside price action. Prices rallied during the first half of November, followed by a modest retracement before they […]
China Reacts Strongly to WTO’s Ruling of Trump Administration Metal Duties
In the latest US steel news, a WTO ruling has sparked a new war of words between the United States and China. Last weekend, the WTO finally ruled on the […]
Renewables/GOES MMI: Steel Plate Drops While Battery Metals Hold Strong
The December Renewables MMI (Monthly MetalMiner Index) traded sideways, practically in a straight line. Overall, metal prices within the index only dropped 0.83%. This sideways trend contrasts sharply with the […]