The September MMI Report: Seven of 10 Subindexes Drop

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Metal Prices

The September Monthly Metal Index (MMI) report is in the books.

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The month saw seven of our 10 MMIs posting declines, with two staying put and one increasing (Construction).

A few highlights from this month’s report:

    • U.S. Midwest aluminum premiums fell for the second straight month.
    • U.S. construction spending in July was up only slightly from June but posted a much larger year-over-year increase.
    • The LME copper price continues to slide, fall 6.21% month over month as of Sept. 1.
    • In the world of renewables, a team of researchers published a study on the use of solar panels and wind turbines in the Sahara Desert.

For more efficient carbon steel buying strategies, take a free trial of MetalMiner’s Monthly Outlook!

Read about all of the above and much more by downloading the September 2018 MMI Report below:

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