The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be […]
Tag: L1
Stainless MMI: Index Falls One Point as LME Nickel Moves Sideways, SHFE Nickel Drops Slightly
The Stainless Steel Monthly Metals Index (MMI) dropped again this month, by one point to 87. The drop follows last month’s three-point decline to 88 on the heels of August’s five-year high of 91. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME nickel prices continued to move sideways overall, […]
Copper MMI: Copper Prices Rise; Mixed Demand Outlook Restrains Index Gains
The Copper Monthly Metals Index (MMI) increased slightly this month to 73, compared to last month’s value of 71, with all copper prices in the index increasing mildly. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Overall, the LME copper price moved up […]
Steel, Other Industries Breathe Sigh of Relief Over India’s Retreat from RCEP Trade Pact
For a while, whether or not India would join the Regional Comprehensive Economic Partnership (RCEP) was touch and go. But eventually, much to the relief of domestic steel companies and those from other sectors, the Narendra Modi-led Indian government decided to sit out the controversial RCEP trade pact, which features the 10 members of the […]
Aluminum Prices Rising Despite Weak Demand
The aluminum price is a contrary thing, isn’t it? For months, aluminum prices have been falling on the basis that demand is waning due to slowing global growth (particularly in top consumer China). Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook China’s gross domestic product growth slowed again to 6.0% year over year […]
Automotive MMI: GM Strike Ends After 40 Days; PSA, Fiat Chrysler to Merge
The Automotive Monthly Metals Index (MMI) ticked up one point for an MMI reading of 86. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Auto Sales As mentioned in previous reports, the top three automakers in the U.S. — General Motors, Ford and […]
U.S. Steel Sector’s Capacity Utilization Hits 81.6%; Steel Price Slide Continues
The U.S. steel sector notched a capacity utilization rate of 81.6% for the week ending Nov. 2, according to a recent American Iron and Steel Institute (AISI) report, as U.S. steel prices continue to plunge. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
PSA Groupe, Fiat Chrysler to Merge as European Auto Sector Faces Challenges Ahead
The board of France’s PSA, owner of Peugeot, has given chief executive Carlos Tavares approval to launch a full-scale merger with Fiat Chrysler Automobiles, creating one of the world’s largest carmakers, the Financial Times reports. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
British Steel Sale Back Out for Open Tender as Talks with Turkish Buyer End
The British government has ended negotiations with the Turkish company Ataer Holding regarding its bid to buy British Steel, the Steel Times reported. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Ataer owns almost 50% of Erdemir, Turkey’s biggest steel producer, and is also […]
Amid the Latest Economic Downturn, is the Indian Dream Unraveling?
Prime Minister Narendra Modi’s vision for India to become a $5 trillion economy by 2024 is in danger. The current downturn — the third since the financial crisis — looks likely to undo that objective and extend further into the future as the world’s second-most populous country strives to bring large swathes of its population […]
