India’s automobile sector is at a crossroads. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. Request a free trial. The country has embarked on a clean energy drive following its commitment to the Paris agreement in 2015 and has now dedicated itself to reduce its emissions by 2030. […]
Tag: L1
What’s next for U.K. car manufacturing after Brexit?
One of U.S. President Donald Trump’s objectives when applying high import tariffs to steel, aluminum and, now, downstream products was to support domestic producers by making it economically more attractive to produce locally than to import. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook An unexpected, or at […]
Aluminum MMI: Demand uncertainty weighs on aluminum prices
The Aluminum Monthly Metals Index (MMI) reversed last month’s three-point increase with a three-point decline back to 83. LME aluminum price dynamics switched late in January, with a precipitous drop setting prices down to a new short-term low.
Stainless MMI: Index drops in January on nickel price weakness
The Stainless Steel Monthly Metals Index (MMI) gave up five points this month, setting the value back to 70. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! LME nickel prices dropped slightly below the $13,000/mt price level in late January when industrial metals prices, generally speaking, […]
PwC: Metals deal size, volume fall in 2019, but Q4 showed signs of renewed growth
M&A activity in global metal firms dropped 10% by volume compared to 2018, but the value of all deals declined by a third driven by fewer “megadeals” — transactions with disclosed values greater than $5 billion — compared to the previous year, according to PwC’s Global Metal Deal Insights report for 2019. Looking for metal […]
Raw Steels MMI: U.S. steel prices flatten after recent gains
The Raw Steels Monthly Metals Index (MMI) gave up some of last month’s gains with a one-point drop to 71 (following a three-point increase to 72 last month). Request a 30-minute demo of the MetalMiner Insights platform now. Recent U.S. steel price increases flattened out in January, while plate prices dropped back somewhat from […]
Rare Earths MMI: Value of U.S. mining production rises 3% in 2019
The Rare Earths Monthly Metals Index (MMI) held flat this month for a February MMI reading of 20. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. mining production rises in 2019 According to the U.S. Geological Survey, the estimated value of nonfuel mineral mining production […]
Eskom’s monopoly on South African power production finally comes to an end
South Africa, the primary or major source of so many critical metals, is caught in a Catch-22 situation of its own making. Request a 30-minute demo of the MetalMiner Insights platform now. The mining industry is a major employer in South Africa and contributes some 7% of national GDP. The impact of mining goes beyond […]
Construction MMI: U.S. construction spending drops 0.2%
The Construction Monthly Metals Index (MMI) traded flat this month for a February MMI reading of 79. Request a 30-minute demo of the MetalMiner Insights platform now. U.S. construction spending U.S. spending on construction reached a seasonally adjusted annual rate of $1,327.7 billion in December, marking a 0.2% drop from November but a 5.0% increase […]
Do falling commodity prices mean we are in bear territory?
Iron ore, coking coal, oil and the base metals have all taken a hit over recent weeks. Generate hard savings on your metal buys year-round; trial MetalMiner’s monthly outlook report In some part that’s due to a stronger dollar. To a larger degree, however, it’s due to fear that the steps being taken to contain […]
