Nickel prices and, as a result, stainless surcharges, remain in the doldrums this month, recovering only slightly from last month’s sharp sell-off. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Nickel prices drop in March Nickel’s bull story took a hit at the beginning of March by announcements from […]
Tag: nickel prices
Stainless MMI: Significant nickel price correction leads to a thirteen-point drop
The Stainless Steel Monthly Metals Index (MMI) dropped again this month, by thirteen points to 74, the third and largest consecutive monthly drop, with nickel prices correcting significantly. LME nickel prices finally corrected, now back to levels last seen in late July. While prices held on to higher levels for a few months based on […]