Procurement organizations in the business of direct materials sourcing and, more specifically, direct metals sourcing, will want to take a moment and look at what’s going on over at our sister site, MetalMiner™. It has launched its brand new Monthly Metal Buying Outlook for the industrial metals aluminum, copper, nickel, lead, zinc, tin, stainless and more. Commodities, the ever-fluctuating dollar, Chinese exports and other factors are all included in the monthly analysis of these industrial metals. This invaluable report will be a paid commercial product come August 1, but you can view a FREE version of it here.
Category Archives: Metal Miner
Welcome back to another edition of the Spend Matters Network roundup, where we give you the most noteworthy articles from the week published around our websites. Spend Matters has in-depth coverage from Coupa Inspire, Spend Matters UK introduces it "hot topic" for the month of June: tail spend management, and Public Spend Forum Europe offers insights from the recent e-public procurement conference in Porto. MetalMiner shares expert insight on rare earth, steel and aluminum prices and Trade Financing Matters discusses the White House's SupplierPay initiative. Check all the articles out here!
Recently, Team MetalMiner (a sister publication to this one) decided to revamp its regular monthly sourcing and pricing forecast report on the basis of discussions with large metal buying organizations. Several Spend Matters and MetalMiner team members (our parent company is called Azul Partners) suggested I try a freelance website such as PeoplePerHour. I did. Check out what my experience was like. Sneak peek: the product I got from working with PPH created was great. But the customer experience? Much less so...
The pending EPA Clean Power Plan (set to go in effect mid-summer 2015) has US manufacturers extremely concerned regarding the total cost of regulation and impact on energy costs. The expected financial strain could significantly hinder these manufacturers’ competitiveness in the global market. So what is there to do? Procurement might be the answer. Join us next Friday, May 15 at 10 a.m. CDT for the webinar, What EPA’s Clean Power Plan Could Cost US Businesses (and What Procurement Can Do About It). Representatives from our sister site MetalMiner™ and representatives from Nucor Corp., National Association of Manufacturers (NAM) and Power Bureau will participate in this interactive video webinar that will also include a Q&A panel at the end. Register today!
Our sister site, MetalMiner™ is hosting the webinar, Q2 and Q3 Metal Market Forecast (And How Bearish Markets Create Opportunities for Global Trade Cost Reduction) on Friday, April 24 at 9 a.m. CDT. Representatives from MetalMiner and Trade Financing Matters will be joined by Bolero for a mid-year metals forecast, in addition to concrete examples of how mining organizations are trimming time and money from their global trade. Attending this free webinar will also count toward 1 CEH credit from ISM. Register today!
A lack of funding isn't the (only) reason our infrastructure is crumbling, bureaucracy is. And, in a recent article, Why Our Crumbling Infrastructure Will Never Get Fixed: It’s Held Up by Red Tape, on our sister site MetalMiner, Assistant Editor Jeff Yoders tells us why. Jeff talks about the red tape holding back these infrastructure improvement projects – from the many government permits required to the environmental assessments needed, etc. But why should procurement organizations pay attention? Because current procurement laws are also to blame. Make sure to visit MetalMiner to read the full article!
Our sister site, MetalMiner™ is teaming up with Bolero on Friday, April 24 at 10 a.m. CDT for the webinar, Q2 and Q3 Metal Market Forecast (And How Bearish Markets Create Opportunities for Global Trade Cost Reduction. In addition to an updated mid-year forecast for aluminum, steel, copper and stainless, this webinar will also reveal how mining companies are cutting costs from their international trade cycles. Be sure to stick around for the live Q&A session as it will be joined by Stuart Burns from MetalMiner and David Gustin of Trade Financing Matters. Still not sold? Attending this educational webinar will count toward 1 CEH credit. Register today!
Over the past couple months we went through another round of new hires: a new editor for MetalMiner, a new editor for Spend Matters UK/Europe, and a marketing manager to be shared by all the blogs. Jeff Yoders was the first of these hires and has been assistant editor of MetalMiner since early March. Being a marathon runner, a Medill graduate, and a Scorpio, Jeff was a natural fit for the company. He has also won a paragraph's worth of journalism awards. Welcome, Jeff!
Calling All Metal Heads: MetalMiner to Host Aluminum Price and Commodity Risk Webinar With CME Group
Blame the blood moon. Webinars are really more our thing, but our sister site MetalMiner will be hosting a webinar with CME Group on Thursday, May 1, from 10 to 11 am CDT. Join Frederick Penha, Lisa Reisman, and Stuart Burns as they cover a number of high-level, industry-relevant topics, including how metal buying organizations stand to benefit from the new all-in pricing represented in CME Group’s aluminum contract and how that will lead to enhanced liquidity and potentially new commodity risk management strategies.
If you buy direct materials – industrial metals, specifically – you've likely seen prices generally rising over the past month. We've seen it too. But of course you don't want to know where prices have been; you'd like some insight into where they're going. Every month, Spend Matters will feature some quick highlights from MetalMiner's latest Monthly MMI® report, including historical metal price data trends for 10 industrial sectors and headline analysis by managing editor Lisa Reisman. Our ultimate goal? To help you shed light onto the future direction of these markets.
Today Spend Matters PRO speaks with MetalMiner about the recent aluminum warehouse scheme that’s been capturing front-page headlines in the New York Times, prompting some drastic changes by some of the market participants. We’ll explain how much companies pay for aluminum, and what components of total cost have recently changed. We’ll also explain the “$3 billion” in hidden cost (and profit) in the supply chain, as well as who is profiting from it. Then we’ll delve into why the outrage isn’t aimed at the producers, such as Alcoa, rather than the investment banks like Goldman Sachs and Morgan Stanley. And finally, due to all this, should companies change their sourcing strategy for aluminum??
Over half a day in a car allows you to catch up on a range of subjects beyond work, such as where the economy is going and how our data and interpretation of third-party data is influencing our research, focus areas, and coverage. With this time – and with the sound of Barney humming in the background for our youngest – I decided to do an ad-hoc interview with Lisa on her views about the economy, manufacturing, metals, China, and more. Below we feature the first installment of this interview.