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.
Category Archives: Metal Miner
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!
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!
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.
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!
Our sister site MetalMiner™ recently unveiled its Monthly Metal Buying Outlook for July – the third and final complimentary report before we go to market in August. This month’s report features aluminum, copper, nickel (stainless), lead, zinc, tin and steel (HRC, CRC, HDG, Plate). Each metal is segmented with its own set of market commentary, outlook, main drivers, support/resistance indicator, short- and long-term buying strategy and more! You can find this month’s free report here.
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.
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!