The August Aluminum Monthly Metals Index (MMI) fell two points last month. The current Aluminum MMI index now stands at 93 points. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook LME aluminum prices fell in July. However, the rate of the declines has slowed. Price changes do not appear to be sharp and […]
Irene Martinez Canorea
Stainless MMI: LME Nickel, Stainless Surcharges Drop
The Stainless Steel Monthly Metals Index (MMI) fell again this month. The slide of four points moved the index to 78 from the previous 82 reading. The index fell back to May 2018 levels. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The index dropped due to a slight fall in […]
Copper MMI: All Eyes on Labor Negotiations at BHP’s Escondida Mine
In August, the Copper Monthly Metals Index (MMI) fell by four points. The Copper MMI has continued to slide, mainly driven by weaker LME copper prices in July. The current Copper MMI stands at 77 points. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The recent slide in copper prices has […]
Raw Steels MMI: Steel Price Momentum Slows
The Raw Steels Monthly Metals Index (MMI) fell one point further this month, dropping to 89 from the previous 90 reading. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The Raw Steel MMI has returned to May 2018 levels. The slight drop came as a result of slower domestic steel price […]
Stainless Steel MMI: LME Nickel Prices Fall While Stainless Surcharges Rise
The Stainless Steel Monthly Metals Index (MMI) fell slightly this month, down to 82 from 84. Despite the fall in the Stainless Steel MMI, the index remains at February 2015 highs. The index dropped due to a slight decrease in LME nickel prices in June. However, stainless steel surcharges inched higher again this month, remaining […]
Raw Steels MMI: Steel Prices Sit at More Than Seven-Year High
The Raw Steels Monthly Metals Index (MMI) fell two points this month, dropping to 90 from the previous 92 reading. Domestic steel price momentum continued, as domestic steel prices increased again. Chinese steel prices also increased in June, adding support to domestic steel prices. Need buying strategies for steel? Try two free months of MetalMiner’s […]
Aluminum MMI: LME Aluminum Drops, Midwest Premium at Four-Year High
The July Aluminum Monthly Metals Index (MMI) fell six points, falling to April 2018 levels. The Aluminum MMI now stands at 95 points. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook LME aluminum prices fell in June and have continued to slide so far in July. However, the rate of the declines has […]
Copper MMI: LME Copper Prices Continue Downtrend
In July, the Copper Monthly Metals Index (MMI) fell by three points, falling to its lowest value since October 2017. The Copper MMI currently stands at 81 points. The decrease came as a result of falling LME copper prices as well as other elements that make up the Copper MMI. Need buying strategies for steel? […]
Copper Rallies, Zinc Price Increases
So far in June, base metal prices have increased. Copper, zinc and tin increased sharply. Meanwhile, aluminum and nickel also increased, but a little less dramatically. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Rally Copper prices breached the $7,300/mt level. Prices trading over this resistance level signals strength for […]
Raw Steels MMI: Domestic Steel Price Momentum Continues to Grow
The Raw Steels Monthly Metals Index (MMI) increased three points this month, moving up for a June reading of 92. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Domestic steel price momentum seems to keep going, with domestic steel prices increasing again. Chinese steel prices also increased in May, adding support […]
