Tag: scrap steel price

Construction MMI: Indices and Demand Decline for Another Month

The Construction MMI (Monthly Metals Index) extended its decline from last month. Altogether, the index fell 10.69% from June to July.   China is Poised to Inject Big Money into Infrastructure News recently broke that China’s State Council is preparing to increase credit lines across the board, providing an additional 800 billion yuan to fund […]

Construction MMI: Construction Spending Moves in Opposite Directions

The Construction Monthly Metals Index (MMI) fell by 2.9% from April to May, with construction spending averaging a very minor increase. To see our take on macroeconomic indicators, subscribe to the free MetalMiner Weekly update email.  Labor, Supply Chain Drag U.S. Non-Residential Construction Spending in March According to the U.S. Census Bureau, non-residential construction spending […]

Buying Strategies in Falling Aluminum and Steel Price Markets

Recent key shifts in macroeconomic indicators could significantly impact both aluminum and steel prices. Historically, the best way for companies to protect themselves during times of uncertainty is to change buying strategies. Most commodities have traded in a bull market for the past one and a half years. This has allowed companies of all sizes […]

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