How Black Swan Events Impact Metal Sourcing, What to Do
If you’ve been in the metal procurement game long enough, you’ve likely encountered unanticipated market shocks. These rare occurrences, known as “Black Swan events,” hit
If you’ve been in the metal procurement game long enough, you’ve likely encountered unanticipated market shocks. These rare occurrences, known as “Black Swan events,” hit
The Global Precious Metals MMI (Monthly Metals Index) showed some bullish momentum month-over-month, rising by 3.74%. Except for platinum, all precious metals prices saw increases.
The Renewables MMI (Monthly Metals Index) finally witnessed a significant increase in price action for the first time in a year. In total, the index
It has been in the works for some time now. China is finally all set to add industrial metal sectors like steel and aluminum as
The Construction MMI (Monthly Metals Index) broke further out of its sideways trend, dipping by 3.61%. The main culprits driving the index down month-over-month were
The Automotive MMI (Monthly Metals Index) moved sideways month-on-month, only rising by 0.78%. Hot dipped galvanized steel prices remained sideways, which helped to hold the
The Rare Earths MMI (Monthly Metals Index) managed to reverse and pull up by 8.66% after experiencing steady declines since May. Numerous parts of the
The Global Precious Metals MMI (Monthly Metals Index) narrowly missed trading flat, only budging down a mere 0.01%. Precious metals prices experienced an array of
The Renewables MMI (Monthly Metals Index) continued to plateau, moving sideways with only a slight 1.29% drop. Currently, there isn’t enough bullish or bearish price
The Construction MMI (Monthly Metals Index) finally broke free of its year-long sideways trend, but only slightly. All in all, price action moved down by