The Stainless Monthly Metals Index (MMI) increased by 3% this month after holding flat for two consecutive months.
Tag: nickel
Stainless MMI: LME nickel prices grow for second consecutive month
The Stainless Monthly Metals Index (MMI) held flat this month.
Nickel price slow to follow the rest of the metals complex
As much of the rest of the base metals were lifted this week, nickel remained subdued. This comes despite an announcement by the Indonesian government that it would relax exports of many minerals but keep in place a ban on nickel ores.
Stainless price rises offer a hint of support for nickel
Nickel prices have seen support in recent months more from supply-side concerns. Initially, support came from bringing forward of Indonesia’s raw material export ban. More recently, support came from concerns the coronavirus pandemic would shut down mines in the Philippines and Indonesia, in addition to disruption of shipping to top consumer China.
Stainless MMI: Index ticks up 4.8% as demand in China begins to recover
The Stainless Monthly Metals Index (MMI) rose 4.8% this month.
The nickel market first experiences a surplus, then supply fears
Several apparently contradictory recent articles have reported the rise in nickel prices following supply disruptions to miners as a result of the spread of the coronavirus. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Reuters reported that just a few weeks ago market surpluses were expected. […]
Week in Review: COVID-19 impacts; Trump’s travel suspension; cobalt mine production
Before we head into the weekend, let’s take a look back at the week that was and some of the coverage here on MetalMiner, including: Tesla’s reported interest in cobalt-free batteries; the oil price crash; falling aluminum prices; supply-chain challenges amid the COVID-19 outbreak; Trump’s travel suspension; and global cobalt mine production: Looking for metal […]
Stainless MMI: Index down as weak demand impacts global prices
The Stainless Steel Monthly Metals Index (MMI) declined by three points this month to 67, following a five-point decline last month. LME nickel prices continued to slide as global markets reacted to production delays due to coronavirus, which weakened demand and prices.
Stainless MMI: Index drops in January on nickel price weakness
The Stainless Steel Monthly Metals Index (MMI) gave up five points this month, setting the value back to 70. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! LME nickel prices dropped slightly below the $13,000/mt price level in late January when industrial metals prices, generally speaking, […]
Questions abound amid allegations of shady goings-on in the nickel market
We all love conspiracy stories — who knew what and who was manipulating events behind the scenes? All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo A recent Telegraph article takes a more balanced approach to review goings-on at the London Metal Exchange (LME) […]