The Construction Monthly Metals Index (MMI) gained one point for a May reading of 84. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Construction Spending According to the U.S. Census Bureau, U.S. construction spending during March 2019 came in at an estimated seasonally adjusted annual rate of $1,282.2 billion, or […]
Tag: L1
Automotive MMI: Auto Sales Continued to Trend Downward in April
The Automotive Monthly Metals Index (MMI) dropped two points this month, down to a reading of 91 for May. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors and Ford Motor Co. have turned to a quarterly sales reporting schedule, moving away from the traditional monthly reporting […]
India’s FICCI Expresses Concern Over Drop in Mining Concessions
One of India’s premier industrial representative bodies, the nonprofit Federation of Indian Chambers of Commerce & Industry (FICCI) has expressed concern over the drop in mining concessions being awarded every year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In a presentation to Niti Aayog, a policy think tank of […]
Glencore Q1 Copper Production Falls 7%, Cobalt Rises 56%
Miner Glencore reported its Q1 2019 production figures this week, showing own-sourced copper production dipped 7% year over year, while cobalt production surged 56% year over year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Glencore’s copper production totaled 320.7 kt in Q1 2019, while cobalt production reached 10.9 kt. According […]
U.S. Housing Starts Dip Again in March
After a chilly February for U.S. housing starts, starts were down again in March. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to a monthly report released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, privately owned housing starts in March were at […]
ICSG: World Copper Mine Production in January Holds Flat
The International Copper Study Group (ICSG) recently released its copper production report for January 2019, showing that global copper mine production for the month was flat on a year-over-year basis. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the ICSG, production gains in some countries were offset by […]
Indian Government Eyes Trade Action on Imported Stainless Steel
Already labeled a protectionist regime, the Indian government recently issued notice to the World Trade Organization (WTO) of its intent to bring more stainless steel items under quality control, The Hindu Business Line reported. The move has Indian importers of stainless steel worried. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what […]
DOC Makes Preliminary Anti-Dumping Determination on Steel Wheels from China
The U.S. Department of Commerce (DOC) last week made a preliminary affirmative determination in an anti-dumping probe related to imports of steel wheels from China. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Today, the U.S. Department of Commerce announced the affirmative preliminary determination in the antidumping duty (AD) investigation […]
Aluminum Association: Imports of Chinese Aluminum Foil Down 64% from 2017-2018
A year on from the U.S.’s anti-dumping and countervailing duty orders on Chinese aluminum foil, imports of the product have plunged. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The Aluminum Association Trade Enforcement Working Group filed a petition requesting relief from imports of Chinese aluminum foil in May 2017. Almost one year […]
Tin Prices are Finally Slowing Down After a Hot Start to the Year
LME tin prices surged from December 2018 into late February 2019, rising almost weekly throughout the period. In that period, the LME tin price hit $21,870/mt at its short-term peak — up around 20% in about three months. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Once prices turned around, […]
