The Stainless Monthly Metals Index (MMI) rose 4.8% this month.
Tag: L1
Oil prices not likely to see true bounce-back in the near term
Crude oil prices may have recovered from their recent lows, but we aren’t going to see a bounce-back anytime soon.
Copper MMI: Copper prices show tentative signs of bounce-back
The Copper Monthly Metals Index (MMI) moved up 4.8% this month.
ArcelorMittal reports Q1 net loss of $1.1B, suspends dividend payments
Steelmaker ArcelorMittal late last week released its Q1 2020 financial results, reporting a net loss of $1.1 billion amid challenges stemming from the COVID-19 crisis.
To the chagrin of domestic producers, India becomes net importer of copper
The COVID-19 pandemic — and even conditions prior to that — has turned India into a net importer of copper, with at 132,445 tons imported between April 2019 and January 2020.
Aluminum MMI: LME, SHFE prices diverge as Chinese demand recovers slowly
The Aluminum Monthly Metals Index (MMI) rose 1.4% this month. As China slowly recovers, SHFE and LME prices diverge After moving in relative harmony, aluminum prices on China’s SHFE and global prices on the LME have diverged sharply over the last month. Investors have dumped LME and bought SHFE on the expectation demand is picking […]
Rare Earths MMI: Lynas restarts operations at Malaysian processing facility
The Rare Earths Monthly Metals Index (MMI) fell 4.5% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Automotive MMI: Sales slump as automakers mull production restart plans
The Automotive Monthly Metals Index (MMI) fell 1.3% this month.
What kind of economy can we expect post-lockdown?
The stock market has had its best month in decades and many are clearly looking forward to May with more optimism than they could April, but a series of articles in The Economist suggest we are far from the prospect of a return to normal. Looking for metal price forecasting and data analysis in one […]
India turns net steel exporter in March
Provisional data for fiscal year 2020 from the Government of India show India became a net exporter of steel with an increase of 31.4% in March 2020. A CNBC report claimed India’s steel consumption had touched the psychological barrier of 100 million tons (MT) this fiscal year. Looking for metal price forecasting and data analysis […]
