How a potential Russian incursion can impact metals markets

Metals experts and analysts from around the world have reacted to the on-going Russia-Ukraine tension by saying any escalation would have a negative impact on global metals markets. The continued geopolitical worries have raised the possibility of new …

Metals experts and analysts from around the world have reacted to the on-going Russia-Ukraine tension by saying any escalation would have a negative impact on global metals markets. The continued geopolitical worries have raised the possibility of new sanctions on trade with major Russian metals producers. This could further squeeze the tight aluminum, copper and...

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Section 232 negotiations between the US and the UK

As an example of how trade disputes often have little to do with trade, the announcement this week that the US and UK would sit down for talks to resolve the Trump era “trade dispute” over steel and aluminium tariffs serves as a case in point. Back in March 2018, when the former US president…

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As an example of how trade disputes often have little to do with trade, the announcement this week that the US and UK would sit down for talks to resolve the Trump era “trade dispute” over steel and aluminium tariffs serves as a case in point. Back in March 2018, when the former US president...

The post Section 232 negotiations between the US and the UK appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Could we be seeing a re-run of the 2007 nickel market?

Or so asks an interesting post in Reuters last week regarding the nickel market. Back in 2007, nickel stocks had plummeted while prices rocketed.  Today, we also have plummeting stocks and a rocketing price. Inventory does not appear as low today as in 2007, yet, nor has the price exceeded $24,000 per metric ton. In…

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Or so asks an interesting post in Reuters last week regarding the nickel market. Back in 2007, nickel stocks had plummeted while prices rocketed.  Today, we also have plummeting stocks and a rocketing price. Inventory does not appear as low today as in 2007, yet, nor has the price exceeded $24,000 per metric ton. In...

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What we are watching: aluminum stainless and Tesla rumors

MetalMiner has long held the belief that no super-cycle exists to drive commodities prices. The argument against the super cycle suggests a lack of a 10-year sustained growth trend of new demand to support such a cycle. And despite not having a sustain…

MetalMiner has long held the belief that no super-cycle exists to drive commodities prices. The argument against the super cycle suggests a lack of a 10-year sustained growth trend of new demand to support such a cycle. And despite not having a sustained growth demand cycle, metal prices remain extremely volatile due to supply constraints....

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Mining follows the trend to re-shore to the USA

We have heard a lot in recent years about re-shoring. Simply, the return of manufacturing capacity wilfully relinquished to China over the last 20 years, back to the USA. Or at least we have heard about near-shoring to lower labor cost partners like Me…

We have heard a lot in recent years about re-shoring. Simply, the return of manufacturing capacity wilfully relinquished to China over the last 20 years, back to the USA. Or at least we have heard about near-shoring to lower labor cost partners like Mexico. Few would argue it would be good for the US economy,...

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Nickel in deficit as LME inventories continue to decline

Inventory drawdown is the defining narrative at the moment, and nickel is part of the story. Economic recovery around the world is patchy. Some countries are recovering strongly, while some are still struggling. Inflation is surging and analysts are having trouble agreeing whether 2022 can see anything like 2021’s rate of growth as a result….

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Inventory drawdown is the defining narrative at the moment, and nickel is part of the story. Economic recovery around the world is patchy. Some countries are recovering strongly, while some are still struggling. Inflation is surging and analysts are having trouble agreeing whether 2022 can see anything like 2021’s rate of growth as a result....

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Environment driving BHP’s investments in nickel

Nickel, traditionally largely consumed in the stainless steel industry, is enjoying strong support from its role as a lithium-ion battery enhancing metal. The use of nickel reduces the need for cobalt, significantly battery reducing costs. Not surprisingly car makers are scrambling to lock up supplies as Chinese battery firms get first to market investing in…

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Nickel, traditionally largely consumed in the stainless steel industry, is enjoying strong support from its role as a lithium-ion battery enhancing metal. The use of nickel reduces the need for cobalt, significantly battery reducing costs. Not surprisingly car makers are scrambling to lock up supplies as Chinese battery firms get first to market investing in...

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Copper MMI: Sideways trend persists, Fed fosters bearish sentiment

The Copper Monthly Metals Index (MMI) rose 0.8% for this month’s reading. Copper prices continue to trade sideways within a big time frame, a resistance and support channel. While prices have consolidated within the channel, there are certain points of interest marked as key levels that would indicate a macro bullish continuation or macro reversal…

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The Copper Monthly Metals Index (MMI) rose 0.8% for this month’s reading. Copper prices continue to trade sideways within a big time frame, a resistance and support channel. While prices have consolidated within the channel, there are certain points of interest marked as key levels that would indicate a macro bullish continuation or macro reversal...

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Aluminum MMI: Energy crisis hits production, buoys prices

The Aluminum Monthly Metals Index (MMI) rose 4.8% following two consecutive months of decline. After a sharp 7.6% drop in the early days of November, prices appeared to have found a bottom and formed a bullish “cup and handle” technical pattern around the summer support levels. Aluminum prices have broken out of the bullish pattern…

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The Aluminum Monthly Metals Index (MMI) rose 4.8% following two consecutive months of decline. After a sharp 7.6% drop in the early days of November, prices appeared to have found a bottom and formed a bullish “cup and handle” technical pattern around the summer support levels. Aluminum prices have broken out of the bullish pattern...

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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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