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Automotive MMI: U.S. Automakers Grapple with Metal Supply Complications
The Automotive MMI (Monthly Metals Index) moved sideways, dropping a slight 2.3%. This comes as the US automotive market, manufacturers in particular, are facing a one-two punch of rising costs and potential shortages in their metal supply chains. A big reason for this is steep tariffs on steel, aluminum and other inputs, which are driving up raw material costs. chart The US government has expanded its metal tariff (initially 25%) to a hefty 50% on a broad range of imports, including automotive-grade steel and aluminum. These duties essentially act as a tax on every car built with imported material. Automotive Dive ... (full story)
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- Sep 15, 2025 9:29pm Posted byFundamental Analysis237
