This morning in metals news: U.S. steel capacity utilization rose to 83.0% last week; meanwhile, the U.S. Department of Commerce is now requiring and collecting aluminum import licenses; and, lastly, General Motors said it will source U.S.-based lithium. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on […]
Tag: General Motors
This Morning in Metals: General Motors to help develop hydrogen fuel cell systems for aircraft
This morning in metals news: General Motors will collaborate with Liebherr-Aerospace to develop hydrogen fuel cell power generation systems for aircraft; meanwhile, the copper price continues to slide; and, lastly, Rio Tinto has opened a new scandium plant in Canada. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers […]
This Morning in Metals: General Motors to increase deliveries to US, Canadian customers
This morning in metals news: General Motors says it will increase vehicle deliveries to customers in the US and Canada; US nonfarm business sector labor productivity rose by 5.4% in the first quarter; and crude oil prices continue to rise. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars […]
Automotive MMI: US auto sales robust in April
The Automotive Monthly Metals Index (MMI) jumped by 8.1% for this month’s value, as US auto sales showed strength in April. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. US auto sales continue to show strength Automakers posted solid US sales results in April, even as the […]
This Morning in Metals: General Motors debuts new electric vehicle model
This morning in metals news: General Motors debuted its 2023 Cadillac LYRIQ electric vehicle; the House Judiciary Committee advanced a bill that seeks to open OPEC up to lawsuits for price collusion; and Texas is set to add a significant amount of utility-scale solar power. The MetalMiner Best Practice Library offers a wealth of knowledge […]
This Morning in Metals: Alcoa posts ‘excellent’ first quarter, cites stronger prices
This morning in metals news: Alcoa announced its first quarter financial results; US housing starts surged in March; and General Motors and LG Energy Solution are building a second Ultium battery cell manufacturing plant in the US. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals […]
This Morning in Metals: Court of International Trade rules in favor of plaintiff contesting Section 232 derivatives duties
This morning in metals news: the US Court of International Trade issued a Section 232-related ruling; General Motors announced the manufacturing locations of its first-ever Chevrolet Silverado electric pickup and GMC Hummer EV SUV; and, lastly, top copper producer Chile closed borders. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to […]
Automotive MMI: US auto sales strong in February despite inclement weather
The Automotive Monthly Metals Index (MMI) rose by 7.1% this month, as US auto sales were strong in February. You want more MetalMiner on your terms. Sign up for weekly email updates here. US auto sales Ford Motor Co. reported its February US retail auto sales reached 163,520 vehicles, down 1.8% year over year. Ford […]
This Morning in Metals: Miner Vale reaches $7B settlement over Brumadinho disaster
This morning in metals news: Brazilian miner Vale reached a $7 billion settlement with the state of Minas Gerais two years after a fatal dam collapse; the US goods and services deficit decreased in December; and Ford Motor Co. announced an increase in its planned investment in electric and autonomous vehicles. Vale reaches $7B settlement Approximately […]
This Morning in Metals: General Motors targets carbon neutrality by 2040
This morning in metals news: General Motors announced its goal for carbon neutrality; miner Anglo American released its Q4 2020 production results; and, finally, the Aluminum Association of Canada announced an update in a project related to traceability of Canadian aluminum. General Motors aims for carbon neutrality by 2040 Matching similar announcements by other major […]