Renewables/GOES MMI: EIA forecasts rise in electricity generation from renewables

The Renewables Monthly Metals Index (MMI) rose by 2.9% for this month’s reading. EIA: electricity generation from renewables to rise in 2022, 2023 The Energy Information Administration forecast the U.S. share of electricity generation from renewables will rise in 2022 and 2023. “Our forecast for the natural gas share as a generation fuel declines primarily…

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The Renewables Monthly Metals Index (MMI) rose by 2.9% for this month’s reading. EIA: electricity generation from renewables to rise in 2022, 2023 The Energy Information Administration forecast the U.S. share of electricity generation from renewables will rise in 2022 and 2023. “Our forecast for the natural gas share as a generation fuel declines primarily...

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Global Precious MMI: Gold prices rise; Fed continues tapering

The Global Precious Monthly Metals Index (MMI) rose by 4.1% for this month’s reading. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Gold prices make gains to close 2021 Gold prices picked up steam throughout the final month of 2021. The U.S. gold spot price opened December…

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The Global Precious Monthly Metals Index (MMI) rose by 4.1% for this month’s reading. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Gold prices make gains to close 2021 Gold prices picked up steam throughout the final month of 2021. The U.S. gold spot price opened December...

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Rare Earths MMI: China merger forms rare earths giant

The Rare Earths Monthly Metals Index (MMI) rose by 1.7% for this month’s reading. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. China consolidates trio of rare earths units As Beijing has sought to control its domestic metals production in the form of state-directed company consolidation, it has…

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The Rare Earths Monthly Metals Index (MMI) rose by 1.7% for this month’s reading. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. China consolidates trio of rare earths units As Beijing has sought to control its domestic metals production in the form of state-directed company consolidation, it has...

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Automotive MMI: Toyota edges GM in 2021 US auto sales

The Automotive Monthly Metals Index (MMI) fell by 3.4% for this month’s reading, as auto sales continued to slump in the face of ongoing supply and inventory constraints. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. US auto sales In the U.S. market, General Motors reported…

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The Automotive Monthly Metals Index (MMI) fell by 3.4% for this month’s reading, as auto sales continued to slump in the face of ongoing supply and inventory constraints. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. US auto sales In the U.S. market, General Motors reported...

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This Morning in Metals: Aluminum prices boom to close first week of 2022

This morning in metals news: aluminum prices have surged this week; U.S. nonfarm payroll employment rose by 199,000 in December; and, lastly, electricity prices surged throughout 2021, in large part on the back of rising natural gas prices. Request a 3…

This morning in metals news: aluminum prices have surged this week; U.S. nonfarm payroll employment rose by 199,000 in December; and, lastly, electricity prices surged throughout 2021, in large part on the back of rising natural gas prices. Request a 30-minute demo of the MetalMiner Insights platform now. Aluminum prices surge Aluminum prices are on...

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Construction MMI: Construction spending gains, pace of ABI growth slows

The Construction Monthly Metals Index (MMI) rose by 3.3% for this month’s reading, as construction spending picked up in November. U.S. construction spending reached a seasonally adjusted annual rate of $1,625.9 billion in November, or up 0.4% from October, the Census Bureau reported. Furthermore, the November rate marked a 9.3% year-over-year increase. Meanwhile, through the…

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The Construction Monthly Metals Index (MMI) rose by 3.3% for this month’s reading, as construction spending picked up in November. U.S. construction spending reached a seasonally adjusted annual rate of $1,625.9 billion in November, or up 0.4% from October, the Census Bureau reported. Furthermore, the November rate marked a 9.3% year-over-year increase. Meanwhile, through the...

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This Morning in Metals: Copper prices pick up

This morning in metals news: LME copper prices have ticked up; the U.S. monthly trade deficit increased from October to November; and, lastly, WTI crude prices made some gains this week. You want more MetalMiner on your terms. Sign up for weekly email …

This morning in metals news: LME copper prices have ticked up; the U.S. monthly trade deficit increased from October to November; and, lastly, WTI crude prices made some gains this week. You want more MetalMiner on your terms. Sign up for weekly email updates here. Copper prices rise Copper prices had trended firmly in between...

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This Morning in Metals: U.S. steel prices continue to cool

This morning in metals news: U.S. steel prices have continued to decline; OPEC will continue its output increase schedule in February 2022; and, lastly, Alcoa at the end of last year announced plans to curtail production at its San Ciprián aluminum smelter in Spain. Does your company have a steel buying strategy based on current…

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This morning in metals news: U.S. steel prices have continued to decline; OPEC will continue its output increase schedule in February 2022; and, lastly, Alcoa at the end of last year announced plans to curtail production at its San Ciprián aluminum smelter in Spain. Does your company have a steel buying strategy based on current...

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This Morning in Metals: MetalMiner looks ahead in January 2022 MMO report

This morning in metals news: MetalMiner’s January 2022 Monthly Metal Outlook (MMO) report is now available; steel capacity utilization for the week ending Jan. 1, 2022, fell to 80.6%; and, lastly, U.S. job openings declined in November. Request a 30-minute demo of the MetalMiner Insights platform now. January 2022 MMO report MetalMiner has kicked off…

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This morning in metals news: MetalMiner’s January 2022 Monthly Metal Outlook (MMO) report is now available; steel capacity utilization for the week ending Jan. 1, 2022, fell to 80.6%; and, lastly, U.S. job openings declined in November. Request a 30-minute demo of the MetalMiner Insights platform now. January 2022 MMO report MetalMiner has kicked off...

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This Morning in Metals: Energy costs surge; steel imports rise; aluminum price picks up

This morning in metals news: energy costs surged in 2021; U.S. steel imports picked up in November; and, lastly, aluminum prices rose during the second half of December. All the metals intelligence you need in one user-friendly platform with unlimited …

This morning in metals news: energy costs surged in 2021; U.S. steel imports picked up in November; and, lastly, aluminum prices rose during the second half of December. All the metals intelligence you need in one user-friendly platform with unlimited usage. Request a MetalMiner Insights platform demo. Energy costs rise in 2021 Energy costs surged...

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