The Automotive MMI (Monthly Metals Index) moved sideways this past month, dropping a slight 1.74%. The US automotive industry faces a bumpy ride as key metal prices continue to swing wildly. In recent weeks, critical inputs like hot-dipped galvanized steel, copper and lead have seen rapid price shifts amid new tariffs and supply chain jitters, according to MetalMiner’s weekly newsletter. {chart} Hot-dipped galvanized steel prices jumped dramatically in Q1. Data shows that HDG prices spiked over 19% in February alone, reaching $1,122 per short ton. They then continued upward to roughly $1,208 by early April. However, ... (full story)