Two major dam disasters in three years are enough to put the frighteners on investors and get the media abuzz with talk of supply-side shortages. Yet as small as Vale’s production loss is, the fact remains the market is relatively tight, and supply is becoming an issue again after many years of plenty. Need buying […]
Tag: L1
Crowdsourcing Campaign Yields Name for GM’s New eBikes
General Motors’ new eBike brand has a name. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On the heels of a crowdsourcing campaign launched in November, GM announced late last week that its new electronic bike brand will be dubbed ARĪV. The bikes were available for preorder starting Feb. 14. According […]
Indian Government Aims to Boost Domestic Steel Sector with Import Restrictions
Steel imports are once again threatening India’s steel sector, spurring major steel companies to ask the government to impose steel import duties. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In the past few months, representatives of steel companies like Tata Steel and JSW Steel have met steel ministry officers […]
Aluminum is in Deficit, but Prices Don’t Reflect Any Shortage
The aluminum price has been fluctuating between around $50/ton above and below a median of $1,900 for several months now. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook There is considerable uncertainty as to where it is going to go in 2019, yet some commentators, such as ING Bank, are […]
Europe Formalizes Provisional Steel Tariffs from the Start of February
Some call them safeguards, some call them protectionist barriers, and some love them and some hate them. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Few measures divide like import tariffs. We have seen it in the U.S. While Europe would claim its own measures are a reaction to the […]
Copper MMI: Prices Edge Up As Global Demand Growth Outpaces Supply Growth
The Copper Monthly Metals Index (MMI) hit 76 this month, up 2.7% after a decrease last month — yet it remains in an oscillating pattern that began in the summer of 2018. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME copper prices trended upward this month but were still […]
Talking Tariffs, Part 1: Tariff Impact Studies Rely Upon Questionable Assumptions
[Editor’s Note: This is the first part of a three-part series that will analyze the state of mainstream perspectives of the impact of tariffs, as well as delve further into the history of Section 232 and China’s role in the current trade dialogue.] — Consultants internally often pose a question to one another – do […]
Global Precious MMI: Platinum-Palladium Spread is the Largest in MMI History
Last month, we wrote that winter was apparently “just heating up” for the Global Precious Monthly Metals Index (MMI). Turns out we were right. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The subindex tracking a basket of gold, silver, platinum and palladium prices from four different geographies shot […]
Aluminum MMI: MMI Flat Despite Semi-Finished Price Increases
The February Aluminum Monthly Metals Index (MMI) edged up this month by 1.2% for an index value of 86. The index increased one point from January’s reading and has remained near the low last seen in February 2017, when the index hit a value of 84. Buying Aluminum in 2019? Download MetalMiner’s free annual […]
Automotive MMI: Ford, Fiat Chrysler Start Strong in 2019
The Automotive Monthly Metals Index (MMI) held flat this month, sticking at a reading of 92. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Auto Sales General Motors reported U.S. deliveries of 2.95 million vehicles in 2018, including more than 1 million crossovers, almost 974,000 pickup trucks and more […]
