The Raw Steels Monthly Metals Index (MMI) increased 1.5% for this month’s MMI reading.
Tag: raw steels MMI
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 […]
Raw Steels MMI: Steel sector eyes demand pickup as automakers prepares to restart production
The Raw Steels Monthly Metals Index (MMI) held flat this month.
Raw Steels MMI: Steel feels the heat as coronavirus outbreak intensifies in U.S.
The Raw Steels Monthly Metals Index (MMI) fell 7.2% this month, as steel prices in the basket were down across the board. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Raw Steels MMI: Global demand uncertainty weighs on index
The Raw Steels Monthly Metals Index (MMI) lost two points during the past month — indicating prices weakened slightly — for a March reading of 69. Chinese price weakness led the index decline, as all Chinese prices fell (with the exception of Chinese coking coal). Looking for metal price forecasting and data analysis in one […]
Raw Steels MMI: U.S. steel prices flatten after recent gains
The Raw Steels Monthly Metals Index (MMI) gave up some of last month’s gains with a one-point drop to 71 (following a three-point increase to 72 last month). Request a 30-minute demo of the MetalMiner Insights platform now. Recent U.S. steel price increases flattened out in January, while plate prices dropped back somewhat from […]
Raw Steels MMI: U.S. price increases push three-point index gain
The Raw Steels Monthly Metals Index (MMI) showed some strength again this month with another three-point increase, rising to 72. U.S. HRC and scrap prices increased quite a bit, while LME billet prices also registered double-digit increases. Key forms of steel increased across the board in the first half of December 2019. Plate prices increased […]
Raw Steels MMI: Steel price increases boost the index
The Raw Steels Monthly Metals Index (MMI) showed some strength this month with a three-point increase, rising to 69 from 66 last month. U.S. steel prices rebounded in November when recent mill prices increases took effect. Once again, plate price increases have lagged behind the other forms, (similar to July, when plate prices failed to […]
Raw Steels MMI: Global Steel Prices Fail to Gain Traction
The Raw Steels Monthly Metals Index (MMI) showed mixed price movements in October, with declines outweighing increases for a one-point index drop to 66. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices continued to weaken during October, possibly reaching a new bottom. Prices appeared to bottom out […]
Raw Steels MMI: Global Steel Prices Continue to Falter
The Raw Steels Monthly Metals Index (MMI) took another hit this month, dropping three points to 67. The index has now dropped for seven consecutive months — following an early 2019 high of 82 in March — on the back of falling steel prices. U.S. steel prices dropped in September, with plate prices recording the […]
