The Automotive Monthly Metals Index (MMI) picked up one point this month, rising for an MMI value of 93. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales As noted in previous reports, General Motors last year announced a switch from monthly sales reports to quarterly reports. Fellow Big […]
Tag: L1
USTR Releases Annual Trade Policy Agenda as China Talks Continue
Trade, trade, trade — that is the order of the day as the Trump administration pursues a trade accord with China and attempts to convince Congress to approve the United States-Mexico-Canada Agreement (USMCA). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook United States Trade Representative (USTR) Robert Lighthizer addressed Congress […]
Metal Prices Gain Momentum in February
On the heels of the doldrums of December, metals prices have made gains through the first two months in 2019. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook February was an especially strong month for a number of metals. However, markets are especially sensitive to any snippets of news coming out of the […]
Energy Industry at a Crossroads in the Face of Climate Change
Cutting through the polarized hype on climate change is one of the toughest challenges for firms trying to position themselves and their enterprises for the future. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On the one hand there is a broad green or environmental lobby, which rightly shouts out […]
India Faces Lack of Domestic Steel Options for Railway Development Initiatives
The railways sector is one of the high-growth areas in India, so far as infrastructure is concerned. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Much of it still runs on a setup that its former colonial ruler, the British Empire, left behind, and then some. In a bid for […]
Global Crude Steel Production Rises 1% Year Over Year in January
Global crude steel production growth slowed in January, hitting its lowest level since August. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to the World Steel Association, global crude steel production rose 1.0% year over year in January, down from 3.8% growth in December. Global steel production in January […]
Oil Price Rises on the Back of Supply Concerns
OPEC may not be what it once was, but in concert with non-OPEC countries like Russia the cartel is showing it can still influence prices to its advantage. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After extensive negotiations behind the scenes, Saudi Arabia and Russia have agreed to reduce […]
ACEA Secretary General: European Cars to U.S. Don’t Pose National Security Threat
The association representing Europe’s automotive manufacturers recently weighed in on the latest developments in the U.S.’s Section 232 automotive probe. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Imports of cars and auto parts from the EU clearly do not pose a national security risk to the United States,” said […]
Are CME HRC Futures Ready for Prime Time?
The Chicago Mercantile Exchange (CME) hot-rolled coil (HRC) steel futures market finally demonstrated increased liquidity during 2018, about five years following its introduction in February 2014. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Both volume of trading and open interest numbers showed improvement during 2018, as evidenced by increasing […]
LME Moves to Save the Cobalt Contract
You can’t please all of the people all of the time and the more people you are trying to please the harder it gets. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook When you are the largest and oldest metals exchange in the world and are trying to balance often […]
