European HRC prices fall as auto sales slump

Lower auto sales in Europe have put West European hot rolled coil prices under pressure. However, demand from construction is nonetheless helping to support prices for the flat-rolled product. “People want to invest their money into something,” one trader source told MetalMiner. We’re offering timely emails with exclusive analyst commentary and some best practice advice. …

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Lower auto sales in Europe have put West European hot rolled coil prices under pressure. However, demand from construction is nonetheless helping to support prices for the flat-rolled product. “People want to invest their money into something,” one trader source told MetalMiner. We’re offering timely emails with exclusive analyst commentary and some best practice advice. ...

The post European HRC prices fall as auto sales slump appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Ford, GlobalFoundries to collaborate on semiconductor supply

Among a litany of the challenges, the ongoing semiconductor shortage has weighed on U.S. automotive manufacturers. Despite solid demand, sales have faced strong headwinds from the part shortages, paired with low showroom inventories. In turn, automaker…

Among a litany of the challenges, the ongoing semiconductor shortage has weighed on U.S. automotive manufacturers. Despite solid demand, sales have faced strong headwinds from the part shortages, paired with low showroom inventories. In turn, automakers, including Ford Motor Co., have idled production at various points over the last year. The Detroit automaker idled production...

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Automotive MMI: Semiconductor shortage, low inventory weigh on Q3 auto sales

The Automotive Monthly Metals Index (MMI) held flat for this month’s reading, as U.S. auto sales slumped in Q3. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. US auto sales slip in Q3 General Motors reported its third-quarter sales fell from 665,192…

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The Automotive Monthly Metals Index (MMI) held flat for this month’s reading, as U.S. auto sales slumped in Q3. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying for metal with MetalMiner should-cost models. US auto sales slip in Q3 General Motors reported its third-quarter sales fell from 665,192...

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This Morning in Metals: Mercedes-Benz, Stellantis take stakes in battery cell manufacturer

This morning in metals news: Mercedes-Benz, Stellantis and TotalEnergies will each take a 33% stake in Automotive Cells Company; meanwhile, the Semiconductor Industry Association offered its reaction to the Biden administration’s recent meeting on the semiconductor supply chain; and, lastly, the Energy Information Administration expects a rise in natural gas consumption in 2021 and 2022….

The post This Morning in Metals: Mercedes-Benz, Stellantis take stakes in battery cell manufacturer appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news: Mercedes-Benz, Stellantis and TotalEnergies will each take a 33% stake in Automotive Cells Company; meanwhile, the Semiconductor Industry Association offered its reaction to the Biden administration’s recent meeting on the semiconductor supply chain; and, lastly, the Energy Information Administration expects a rise in natural gas consumption in 2021 and 2022....

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This Morning in Metals: Toyota announces production cuts amid chip shortage

This morning in metals news: Toyota this week announced plans to slash production amid the ongoing global semiconductor shortage; unemployment rates fell in 17 states in July; and, lastly, U.S. large-scale battery storage capacity increased by 35% in 2…

This morning in metals news: Toyota this week announced plans to slash production amid the ongoing global semiconductor shortage; unemployment rates fell in 17 states in July; and, lastly, U.S. large-scale battery storage capacity increased by 35% in 2020. Cut-to-length adders. Width and gauge adders. Coatings. Feel confident in knowing what you should be paying...

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This Morning in Metals: Global semiconductor shortage may continue into 2023

This morning in metals news: The global semiconductor shortage may continue into the next year or more. In other news, after failing to reach an agreement Thursday on the $1 trillion infrastructure bill, the U.S. Senate aims to finalize it Saturday. Also in the news, South Korea plans to raise its stockpiles of 35 “critical…

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This morning in metals news: The global semiconductor shortage may continue into the next year or more. In other news, after failing to reach an agreement Thursday on the $1 trillion infrastructure bill, the U.S. Senate aims to finalize it Saturday. Also in the news, South Korea plans to raise its stockpiles of 35 “critical...

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This Morning in Metals: EIA estimates fuel inventory to build by 11.5M b/d in Q2

This morning in metals news, the Energy Information Administration (EIA) released fuel inventory build projections for Q2, Mexico is preparing to ease its coronavirus restrictions and the U.S. recently announced a move targeting China’s Huawei’s. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! EIA forecasts inventory…

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This morning in metals news, the Energy Information Administration (EIA) released fuel inventory build projections for Q2, Mexico is preparing to ease its coronavirus restrictions and the U.S. recently announced a move targeting China’s Huawei’s. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! EIA forecasts inventory...

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This Morning in Metals: Tin Demand Outlook Rosy, US-China Trade Talks Plow Forth

This morning in metals, we’re getting up to speed on where the tin market could be in a decade, what U.S. and Chinese trade negotiators are continuing to discuss, and where the EU car market seems to be heading (hint: it’s not good news). Need buying strategies for tin? Request your two-month free trial of…

The post This Morning in Metals: Tin Demand Outlook Rosy, US-China Trade Talks Plow Forth appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals, we’re getting up to speed on where the tin market could be in a decade, what U.S. and Chinese trade negotiators are continuing to discuss, and where the EU car market seems to be heading (hint: it’s not good news). Need buying strategies for tin? Request your two-month free trial of...

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We Could Be in the Early Stages of a New Cold War

A new Cold War — does that sound ridiculous? Does it sound alarmist? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It would have been a month or more back, but today it is a plausible statement. A post by Edward Luce in the Financial Times refers to a Bloomberg…

The post We Could Be in the Early Stages of a New Cold War appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

A new Cold War — does that sound ridiculous? Does it sound alarmist? Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook It would have been a month or more back, but today it is a plausible statement. A post by Edward Luce in the Financial Times refers to a Bloomberg...

The post We Could Be in the Early Stages of a New Cold War appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.