The Stainless Steel Monthly Metals Index (MMI) gained one point for a January reading of 75. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Just a few months back, in September 2019, the index hit a five-year high of 91. LME nickel prices increased again in […]
Belinda Fuller
Copper MMI: Uncertain demand continues to moderate copper price gains
The Copper Monthly Metals Index (MMI) increased by three points this month to 76, the highest value seen since hitting 78 in May. Individual price increases in the Copper MMI basket fell in the range of roughly 1-6%. LME copper prices managed to regain the $6,200 level but proceeded to move sideways from there due […]
Aluminum MMI: Index bounces back after last month’s three-year low
The Aluminum Monthly Metals Index (MMI) bounced off last month’s three-year low with a three-point increase to 86. All prices in the index increased by more than 3%. LME aluminum prices increased in December and surpassed $1,830/mt in early January. Now analysts are watching to see if lackluster demand will allow recent increases to stick.
