Price of Aluminum: Mill Fire Adds Fuel to in U.S. Prices
The price of aluminum continued its uptrend despite approaching the end of the year, leaving analysts weighing what could be next for the metal.| MetalMiner
The Global Precious Metals MMI (Monthly Metals Index) saw a sharp rise in price action, jumping by 14.44%. This comes as all four major precious metals prices spiked in early October. Gold recently notched all-time highs again, while silver briefly hit $54/oz before a steep pullback. Meanwhile, platinum and palladium are also near multi-year highs. […]| MetalMiner
The Automotive MMI (Monthly Metals Index) moved sideways, rising a slight 1.39%. As a whole, the US automotive market is facing a number of challenges necessitating both innovation and resilience. Why Are Critical EV Minerals in Short Supply? Automakers are grappling with shortages of critical minerals needed for electric vehicles and high-tech components. Rare earth minerals […]| MetalMiner
The Stainless Monthly Metals Index (MMI) showed little volatility during the month as all of its elements, including nickel prices, moved sideways. This translated to an overall 0.12% increase from September to October. U.S. Stainless Steel Prices, Market Holds Flat U.S. stainless prices maintained their sideways trend as mills continued the base price increases instituted […]| MetalMiner
The Copper Monthly Metals Index (MMI) broke above range, with a 3.7% rise from September to October. This comes as copper prices, along with many other metals, continue to show an upside bias. Copper Joins Other Base Metals in Upward Trend Comex copper prices hit a two-month high, barreling past the 11k per metric ton […]| MetalMiner
The price of aluminum continued its uptrend despite approaching the end of the year, leaving analysts weighing what could be next for the metal.| MetalMiner
The Raw Steels Monthly Metals Index (MMI) remained sideways, with a modest 0.82% rise from September to October. U.S. Steel Prices Remain in Search of a Bottom U.S. steel prices continued to soften throughout September as they entered Q4 in search of a new low. Based on their October 3 close, HRC prices have now […]| MetalMiner
As contracting season approaches, stainless steel mills are holding prices steady. However, multiple factors still hold sway over market direction.| MetalMiner
Precious metals prices finally lost some steam after a bullish H1, but there are still plenty of factors in play that could affect pricing later.| MetalMiner
The latest copper tariffs represent a dramatic shift from previous policies, but the market is nonetheless working to improve supply security.| MetalMiner
U.S. construction industry woes continue as tariffs and Fed interest rates cause chaos. Although flat for June, the index will see higher prices soon.| MetalMiner
Aluminum prices slowed their ascent this month, but the Midwest Premium found a brand new high. What does this mean for the short term outlook?| MetalMiner
Though nickel prices and demand slumped, U.S. mills secured significant price hikes for most forms of stainless steel. The question is, will they hold?| MetalMiner
The U.S. automotive manufacturing sector recently got a shock from Trump's new copper tariffs. They come at a bad time, but there are solutions.| MetalMiner
A long-awaited trade deal on rare earths may ease tensions among U.S. manufacturers, but China reserves the right to shake things up.| MetalMiner
Though stainless steel continued to move sideways, nickel prices maintained their upward trajectory, complicating the forecasting process.| MetalMiner
Steel prices recently jumped on increased pre-tariff demand. However, many industry insiders when they might find their peak.| MetalMiner
Tariffs have had mixed effects on stainless steel so far, as have nickel prices. However, some firms hold out hope for a strong Q1.| MetalMiner
The Renewables MM) dropped further in December, setting up a potentially volatile year for battery metals and their buyers.| MetalMiner
After a devastating 2023, nickel prices are on track to finish up 2024 down even further, with significant impact on stainless steel.| MetalMiner
Many insiders anticipate a surge in aluminum prices due to recent moves by China and a variety of other factors set to go into motion soon.| MetalMiner
The global steel industry may be looking down the barrel at some big changes as Trump's win, potential tariffs, and auto industry issues mount.| MetalMiner
Precious metals prices experienced quite a ride from October to November, with debates raging as to where they might head next.| MetalMiner
Good construction news has been hard to come by recently, but the latest Fed rate cuts have had a positive impact on the industry so far.| MetalMiner
While the price of aluminum saw an increase this month, significant downsides remain at work in the market, particularly regarding China.| MetalMiner
