The Aluminum Monthly Metals Index (MMI) moved sideways as the global price of aluminum ticked modestly higher. Overall, the index rose 0.73% from May to June. Track other MetalMiner monthly indexes here, and compare how the overall industrial metal market is performing. Aluminum Midwest Premium Finds A Peak The Midwest Premium found a peak in […]
Nichole Bastin
Raw Steels MMI: U.S. Steel Market After Tariffs
Although the index started to rebound in early June, the Raw Steels Monthly Metals Index (MMI) remained bearish in May, falling 3.27% to its lowest level since November 2020. Amid new tariffs announcements from the Trump Administration, U.S. buyers have their eyes fixed on steel prices, developments which MetalMiner’s weekly newsletter recently covered. HRC Futures […]
Copper MMI: Copper Prices Stable, but Volatility Looms
The Copper Monthly Metals Index (MMI) moved sideways, rising by a modest 1.45% from May to June. Though copper prices today appear mostly stable, significant opportunity for volatility remains. Copper Prices Open June With Uncertainty Comex copper prices appeared surprisingly stable in the first weeks of June as they took a pause from the heightened […]
Stainless MMI: Tariff Impacts on the Stainless Market
The Stainless Monthly Metals Index (MMI) moved sideways, rising by a modest 0.35% from May to June. However, the stainless steel price remains under pressure from several factors. Tariff Hike Rattles the U.S. Stainless Steel Market In a move few saw coming, President Trump doubled Section 232 tariffs on steel and aluminum imports from 25% […]
Copper MMI: Copper Prices Volatile on Tariff Shifts
The Copper Monthly Metals Index (MMI) retraced to the downside with a 4.23% decline from March to April. Looking at copper prices today, analysts seem to be struggling with ongoing trade policy shifts. Copper Prices Zigzag Amid Uncertain Trade Policy Comex copper prices have experienced wild swings over the past few months. First, they […]
Stainless MMI: Stainless Prices Stable Despite Q1 Market Improvements
Declining nickel prices saw the Stainless Monthly Metals Index (MMI) drop from April to May. Overall, the index fell 3.34%. Suppliers Report Better Q1 Performance Domestic stainless suppliers reported improved market conditions in the first quarter. Both mills and service centers saw shipments increase as the barrage of tariff announcements spooked at least a few […]
Aluminum MMI: Aluminum Prices Stabilize as Midwest Premium Hold onto Gains
The Aluminum Monthly Metals Index (MMI) appeared increasingly bearish with a 3.08% decline from April to May. What do other metal and commodity market trends mean for aluminum trends? Track other MetalMiner monthly indexes here, and compare how the overall industrial metal market is performing. Aluminum Prices Stabilize Following Post-Tariff Drop Aluminum prices found an […]
Raw Steels MMI: How Far Will Steel Prices Fall?
The Raw Steels Monthly Metals Index (MMI) traded down during the month. Overall, the index fell 3.82% from April to May. While U.S. steel prices moved sideways throughout April, the bias appeared increasingly to the downside as buyers pulled away from the market due to tariffs. Steel Prices Slide Lower As Bearish Signals Mount After […]
Aluminum MMI: How Suppliers Handle Tariffs and What Aluminum Buyers Need to Know
The Aluminum Monthly Metals Index (MMI) remained sideways, as most components appeared consolidated. Overall, the index slid 0.74%, while aluminum prices experienced continued instability. Aluminum Price Volatility After Tariffs Aluminum prices have appeared increasingly volatile since the announcement of tariffs. Prices plunged after reaching a mid-March peak, breaking below their sideways range. The implementation of […]
Copper MMI: What’s Next for Copper Prices After Peak
The Copper Monthly Metals Index (MMI) moved up, accelerating gains from the previous month. The Bullish U.S. price of copper saw the index rise by 4.75% from March to April. Price of Copper Finally Finds Peak Although they have subsequently been delayed, reciprocal tariffs helped copper prices find a peak. At the start of 2025, […]
