Maria Rosa Gobitz

Raw Steels MMI: Index climbs 4.7% as Chinese demand grows

Raw Steels MMI: Index climbs 4.7% as Chinese demand grows

The Raw Steels Monthly Metals Index (MMI) increased by nearly 4.7% this month. High expectations for steel demand recovery In late March, steel demand was hit hard by the decline in automotive sales amid the COVID-19 pandemic. As automakers began to restart their operations in early May, steel prices have seen some slight improvement, as […]

Copper MMI: Copper price rally continues, rises to pre-coronavirus levels

Copper MMI: Copper price rally continues, rises to pre-coronavirus levels

The Copper Monthly Metals Index (MMI) increased 3.0% this month based on an increase in prices globally. LME copper prices continued to increase throughout May. The price finally broke $5,000/mt on June 5, meaning it, along with zinc and lead prices, is back to pre-pandemic levels.

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