The Metal Miner Category

It’s 2018: Do You Know Where Your Aluminum Products Are (Coming From)?

With the Section 232 investigation serving as a prompt, you definitely should know. If your organization sources aluminum or aluminum products: time to pay attention. Our sister site MetalMiner shines a light on the aluminum industry in the latest episode of their podcast series, "Manufacturing Trade Policy Confidential." Guest Heidi Brock, president and CEO of the Aluminum Association, gives listeners a sense of what matters to the aluminum industry — and what could be at stake for aluminum buyers in 2018.

ICYMI: “Alexa, How Much of What I Just Bought on Amazon Will Be Subject to New Trade Tariffs, Quotas in 2018?”

Luckily, as a consumer mainly buying Echos or pairs of Christmas socks, the answer is not much. (Or at least, the passalong effects should be negligible.)

However, if you're a U.S. buying organization with a domestic manufacturing footprint, international supplier base, and significant steel or aluminum spend, the answer might indeed surprise you — depending what happens in the trade policy arena over the next several months.

China’s Single Biggest Trade Issue, and Other Current Policy Must-Knows

Our sister site MetalMiner recently launched a new podcast series called "Manufacturing Trade Policy Confidential." Procurement organizations with a domestic manufacturing footprint and global supplier networks — especially those with a significant steel or aluminum spend — take note. (If you'd rather bone up on some trade policy intelligence for work rather than half-focus on your latest James Patterson on the plane to visit your in-laws, you're welcome.) The latest episode takes listeners through China's recent setback at the hands of the U.S. Department of Commerce regarding China's non-market economy status, and which other trade cases and investigations matter in the current political and economic landscape and why.

On the Future of Direct Procurement Tech: An Interview with Dan Willmer, VP Sales and Operations at Jaggaer

Today we present another installment from our ongoing series exploring where manufacturing procurement technology is headed. Produced in collaboration with our sister site MetalMiner, these interviews feature questions from Spend Matters Founder Jason Busch posed to multiple experts at technology vendors on topics such as the current direct procurement renaissance, the increasing centralization of procurement departments, the volatile commodity environment and more. The most recent interview, published earlier Tuesday on MetalMiner, features Dan Willmer, vice president of sales and operations at Jaggaer.

Where Manufacturing Procurement Technology is Headed: A New Interview Series

manufacturing

Why have procurement technology vendors initiated a “direct procurement” renaissance, and what changes within manufacturers have started to make this possible? This line of questioning forms the backbone of a new interview series over on our sister site MetalMiner, in which Spend Matters Founder Jason Busch questions multiple experts at technology vendors on these and related topics.

The Week In Metals: Inauguration Edition

Early in the week Trump broke with traditional protocol for presidents and presidents-elect and said he desires a weaker U.S. dollar. Since the Carter administration, the Federal Reserve has enjoyed relative autonomy in setting the value of the currency, or even talking about its value, as even comments about it by previous presidents have moved the dollar’s value erratically.

True to form, Trump’s comments helped sink the U.S. dollar index by 1% vs. other major currencies. However, our Raul de Frutos helpfully points out this breach of protocol is good for metal prices as is a weaker dollar.

It’s 2017, and We Have Predictions!

This week in metals we looked at where we think some major markets will go in this new year.

James May of Steel-Insight says finished steel flat products will see more demand and, hence, bigger price increases this year. There’ll be more HRC capacity and U.S. Steel might even reopen one of the blast furnaces at its Granite City, Ill., facility, too. And how to best deal with price volatility? Guest Correspondent Jonas Divine shared his personal story with Spend Matters.

MetalMiner Week in Review: Welcome Back to Earth, Metal Prices!

copper

This week, most exchange-traded metals came down to Earth as the Federal Reserve hinted it may finally increase interest rates. The hardest hit was copper, which hit a two-month London Metal Exchange low. Weaker Chinese imports over the past few months and the bearish calls of some major banks have exacerbated copper’s recent price fall.

Pre-Order Our August Direct Materials Sourcing Guide Today!

Over at our sister site, MetalMiner™, the Monthly Metal Buying Outlook report has officially launched as a commercial product! If you are sourcing direct materials then this is the report for you – an annual subscription (12 reports) can be yours for $899/year. This report compiles all the fundamental information for aluminum, copper, nickel, lead, zinc, tin and/or steel (HRC, CRC, HDG, Plate) in a single, easy-to-read executive overview. It includes analysis of the technical factors affecting the price of each direct material and offers specific levels to watch and strategies to employ. Subscribe today!

Presenting 3 Best Practices for Sourcing Commodities in 2015

global trade

Are you sourcing commodities on the spot market in 2015? Are you using an index? You might want to take a minute and familiarize yourself with 3 Best Practices for Buying Commodities in 2015 from husband-and-wife team and noted experts Lisa Reisman, CEO of Azul Partners and executive editor for MetalMiner, and Jason Busch, founder and managing director of Spend Matters. This FREE PDF download will provide you with an entertaining argument against conventional wisdom that will lead directly to not only profit, but the highest possible value available for your commodities purchases this year. Get your copy today!

Preview MetalMiner™ Direct Materials Sourcing Guide for August

Our sister site, MetalMiner™, is gearing up for the launch of its brand new commercial product: The Monthly Metal Buying Outlook. This is a fantastic guide for our audience, as well: chief procurement officers and chief financial officers who are responsible for direct materials sourcing will want to register for the upcoming webinar, PREVIEW: MetalMiner™ Price Forecasts for August on Thursday, July 30 at 10 a.m. CDT. Can’t make it live? Register anyway and we’ll send you a copy of the slides and recording of the webinar.

Buying Commodities This Year? We Have the Best Practices for You!

If you’re purchasing commodities this year then this is an absolute must-read: 3 Best Practices for Buying Commodities in 2015 is the product of a recent debate between husband and wife team Lisa Reisman, CEO of Azul Partners and executive editor for MetalMiner™, and Jason Busch, founder and managing director of Spend Matters, on the risky nature of sourcing on the spot market. We condensed the debate into an easy-to-digest PDF of the slides used. Don’t hesitate: add this PDF to your sourcing toolkit today!