The Trump Transition and What to Expect
The Rare Earths MMI (Monthly Metals Index) displayed bearish sentiment as it entered 2025, dropping by 3.08%. Weak Chinese demand for metals across the board had at least some impact on the…
China Rebates, Alumina, Aluminum Prices
The Aluminum Monthly Metals Index (MMI) edged lower, with a 1.23% decline from November to December. Aluminum Prices: A Year in Review 2024 began on a low note for the aluminum market,…
Is Indonesia’s Dominance Hurting Markets?
When the story of global nickel prices is written for 2024, Indonesia and China will undoubtedly be the main characters. This is not only due to the former country’s high production output…
Price of Copper Finishes 2024 7.66% Higher from 2023
Overall, the Copper Monthly Metals Index (MMI) remained bearish, with a 4.65% decline from November to December. Copper Prices to Close 2024 Up, But the Outlook is Down Often a bellwether for…
Market Feels China’s Tax Rebate Cuts
The Construction MMI (Monthly Metals Index) held its sideways trend, dropping by a slight 1.09%. Despite a torrent of construction news, the index didn’t budge much month-over-month and had a minimal reaction…
Bull Run Amid Supply Crunches
Global bauxite and aluminum prices have surged to a five-month high this month, driven by economic growth, growing supply concerns, a dip in the value of the U.S. dollar and the “China…
Precious Metals Prices Surge Pre-Election, Dip, then Rebound
The Global Precious Metals MMI (Monthly Metals Index) witnessed considerable bullish sentiment once again. Month-over-month, the index rose 6.48%. After the election, precious metals prices quickly responded to the outcome and the…
Renewables MMI: Mixed Market Signals & Policy Changes Potentially Incoming
The Renewables MMI (Monthly Metals Index) held firmly sideways, shifting down a mere 0.06%. With the incoming Trump administration, it is possible the renewable energy sector could witness market shifts in the…
Metal Prices Could See Impact From Helene & Milton
The Construction MMI (Monthly Metals Index) moved sideways, nudging up just 2.54%. Overall, the index continues to move in its more than year-long sideways range, with metal prices remaining stagnant. While the…
Steel Prices Edge Higher as Output Plummets
The Raw Steels Monthly Metals Index (MMI) moved sideways, with a mere 0.12% increase from September to October. U.S. flat rolled steel prices showed mixed direction during September. HRC prices traded up,…