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  • European Gas Impact on Steel Prices May 24, 2022
    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 finished steel products. Meanwhile, Russia is mulling... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • China Demand is Sagging May 23, 2022
    The bears are back in the metal markets, and one of their prime motivators is this year’s dismal prospects for China. A note in the FT’s Unhedged today explored the country’s... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • First new US integrated aluminium rolling mill in 40 years May 20, 2022
    Novelis recently announced construction of a state-of-the-art, $2.5 billion recycling and aluminum rolling facility in Baldwin County, Alabama. In addition, a statement in Made in Alabama suggested... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • UK Duties Applied to Russian Platinum and Palladium May 19, 2022
    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 package of sanctions on the two countries totaling £1.7... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • Rare Earths MMI: Rare Earths Prices Hold Steady Despite Amid Lower Scrap Availability May 18, 2022
    The Rare Earths Monthly Metals Index (MMI) held flat for a .56 percent change this month. Even so, some rare earths prices have seen significant fluctuation. Praseodymium Neodymium Oxide is one such... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • Ukraine Invasion Changes Global LNG Equation in Favor of US May 18, 2022
    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 3rd largest exporter... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • Construction MMI: Construction Spending Moves in Opposite Directions May 17, 2022
    The Construction Monthly Metals Index (MMI) fell by 2.9% from April to May, with construction spending averaging a very minor increase. To see our take on macroeconomic indicators, subscribe to the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • Raw Steels MMI: Steel Prices Fall As Demand Concerns Mount May 17, 2022
    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 dip.    All in all, the Raw Steels Monthly Metals Index (MMI) fell by... [[ This is a content summary only. Visit my website for full links, other content, and […]
  • Renewables Monthly Metals Index (MMI) Drops with Steel Prices But GOES Rises May 16, 2022
    The Renewables Monthly Metals Index (MMI) fell 6.4% with notable drops in steel prices, particularly for plate. Source: MetalMiner Insights Biden’s Plan for a More Renewable US Breaking news in the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  • Tin Price Forecast Signals Continued Short Supply May 16, 2022
    Despite a strong rebound in output, the tin market is still dangerously short on supply. How will this affect the tin price forecast? Experts are rushing to weigh in. According to Reuters, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Precious Metals Spot Prices by Goldbroker.com