Early this year, the silver market was going through a tough time. Its reaction to the growing pandemic was in stark contrast to that of gold. The disconnect between the two metals rose to historic proportions, as gold rose on the back of deeply negative real interest rates and expectations, justified or otherwise, of rising […]
Tag: L1
Copper MMI: Will the copper price continue in its V-shaped recovery?
The Copper Monthly Metals Index (MMI) increased by 8.8% for this month’s MMI reading as copper prices continue to increase globally.
Global Precious MMI: Gold price surges to nearly nine-year high
The Global Precious Monthly Metals Index (MMI) gained 1.7% for this month’s reading.
Rare Earths MMI: Rare earths processing facility opens in Wheat Ridge, Colorado
The Rare Earths Monthly Metals Index (MMI) rose 9.1% for this month’s reading.
Are we in for a repeat of longer LME aluminum load-out queues, rising physical delivery premiums?
A recent Reuters article doesn’t say so in as many words but certainly suggests conditions are fertile for warehouse operators to incentivize metal deliveries again and, in the process, queues could form at exit.
Automotive MMI: U.S. auto sales begin slow recovery but remain depressed
The Automotive Monthly Metals Index (MMI) picked up by 5.1% this month. U.S. auto sales U.S. auto sales continued to slump last month and over the second quarter overall, even as the U.S. auto sector restarted production in late May after an approximately two-month suspension. General Motors reported second-quarter deliveries of 492,489 vehicles, down 34% […]
U.S.-China trade relations: Q&A with Stratfor’s Rodger Baker on potential U.S. sanctions
MetalMiner had the opportunity today to interview respected geopolitical intelligence firm Stratfor, acquired earlier this year by RANE (Risk Assistance Network + Exchange) and quiz Rodger Baker, Stratfor’s senior VP of strategic analysis, on forthcoming sanctions against China.
After successful SpaceX launch, investors show interest in minnow OneWeb
Space is suddenly back in vogue following SpaceX’s successful launch of two astronauts to the International Space station at the end of May and followed up with a successful launch of a GPS satellite at the end of June. The commercial space business is riding high, it would seem. But it is a high-risk game.
EUROFER, IndustriAll Europe rebuke E.U.’s lack of steel import quota adjustment
This has been a challenging year for a number of sectors, amid already slowing growth and then the massive impact of the coronavirus pandemic — but the European steel sector has been hit particularly hard.
Even a pandemic can’t slow the deterioration of U.S.-E.U. trade relations
While small beer compared to the U.S.’s trade war with China, the growing dispute between Washington and Brussels over subsidies by aircraft makers is likely to develop into an escalating series of tit-for-tat measures this year.
