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Despite the doom and gloom recession talk going on, industry insiders remain confident that the U.S Construction Market can trend up. In a report published…
The Automotive MMI (Monthly Metals Index) experienced a slight decline from May into June. The 30-day price change was roughly -9.55, a -6.52% drop. As…
U.S. steel prices continue to retreat. After consistent week-over-week declines, HRC prices now sit more than 15% beneath their late-April peak while plate prices continue…
Aluminum prices declined overall in May. However, near the end of the month, they appeared to hit bottom and began to trade sideways. Conflicting macroeconomic…
Nickel prices appeared to hit a bottom in mid-May, but the trend remains down. Moreover, recent price action showed few signs of any bullish structures…
After Russia’s invasion of Ukraine and the subsequent sanctions, the race is on around the world to find new sources of lithium. The prospect of…
The term battery metals typically refers to lithium, nickel, and cobalt. The name stems from the fact that the three metals are frequently used in…
Metal processors and traders throughout China are facing a grim reality today. Thanks to major economic shifts both within the country and without, metals demand…
It’s still touch-and-go for the steel sector in China despite the sprouting of the first shoots of a possible manufacturing recovery. However, last Monday, benchmark…
$1.5 billion US is a lot of money by any measure. However, the reality is that Glencore is making so much in this climate of…
Global public opinion seems divided on whether or not to impose a “carbon tax” on the metal and mining sector. This goes double for steel.…
Steel prices and gas are the primary topics of conversation today. It seems that steel traders in China are seeking more buyers abroad for their…
The United Kingdom recently imposed a 35% duty on all platinum and palladium imports from Russia and Belarus. This move is part of a new…
Japan is reportedly actively considering extending financial support to the US to boost liquefied natural gas (LNG) production. Incidentally, the US is already the world’s…
The ascent for U.S. steel prices faltered as HRC, CRC, and HDG prices began to fall in early May. Plate prices also took a big…
The Automotive MMI (Monthly Metals Index) held flat from April to May. This was largely the result of a number of factors working in concert.…
The UK government recently announced an asset freeze on London-headquartered metal and mining group Evraz. Authorities claim that Evraz is receiving benefits or support from…
From a technical perspective, global aluminum prices began to change their structure in short time frames, which could suggest further price drops. Currently, prices are…
Starting in late April, copper prices began to take out prior lows. It seemed like an attempt to find a bottom and reestablish a potential…
There’s something afoot on the rare earths front in China. Specifically, the country recently decided that it wants to tighten its export control laws. The…