The Stainless Monthly Metals Index (MMI) moved up with a 7.32% rise from November to December. Meanwhile, the nickel price index appeared decidedly bullish throughout the month. While nickel prices […]
Category: Metal Prices
Rare Earths MMI: Global Rare Earth Supply Chains in an Uproar
The December Rare Earths MMI (Monthly MetalMiner Index) traded sideways for the second month in a row. The index dropped 1.55% and MetalMiner anticipates it will continue sideways, most definitely […]
Zinc Price Index Cooling Down After Sharp Rally
Like most base metals, the zinc price index rose during the first week of November. However, the 15th marked the last day of zinc’s sharp rally, as prices soon began […]
Global Precious Metals MMI – Precious Metal Prices Break Through Short-Term Resistance
The November Global Precious Metals MMI (Monthly MetalMiner Index) dropped by 4.06% (between October 1 and November 1). However, between November 4 and November 10, silver, platinum, and gold prices […]
Metal Markets Smile as China Eases zero-COVID
It may be winter, but it feels like springtime for many in the metal industry and on metal prices in general. After years, China plans to ease up just a […]
Raw Steels MMI: Steel Price Downtrend Resumes While Plate Prices Hold Flat
The Raw Steels Monthly Metals Index (MMI) fell by 5.08% from October to November. A number of factors played into steel prices dropping. After U.S. steel prices appeared to flatten, […]
Stainless Steel MMI: Supplier Inventories High & Nickel Starts Rally
The Stainless Monthly Metals Index (MMI) moved sideways with a modest 1.41% decline from October to November. All in all, the stainless steel price movement primarily reacted to volatility in […]
Copper MMI: Copper Price Moves Sideways Before Starting Rally
The Copper Monthly Metals Index (MMI) moved sideways, with the overall copper price falling 2.0% from October to November. While volatility remains a risk, copper prices traded in a tight […]
Renewables/GOES MMI: Political Factors Yank Renewable Energy in Different Directions
November’s Renewables MMI (Monthly MetalMiner Index) traded sideways for the first time since June. The index rose by 1.56% month-over-month. This primarily resulted from GOES (grain-oriented electrical steel) rising in […]
Rare Earths MMI: The World Races to Find Alternatives to Chinese Rare Earths
The November Rare Earth MMI (Monthly MetalMiner Index) broke its short-term downward trend and traded sideways month-over-month. Altogether, the index dropped a modest 0.97%. Rare earths managed to hold their […]