The Raw Steels Monthly Metals Index (MMI) increased by 5.4% this month, as U.S. steel prices continued to rise last month. Are you on the hook for communicating the company’s steel performance to the executive team? See what should be in that report! U.S. and Chinese prices relation U.S. steel prices continued to increase in […]
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Raw Steels MMI: Steel market recovery shows strength
The Raw Steels Monthly Metals Index (MMI) increased 2.8% for this month’s index value amid a steel market recovery. Stop obsessing about the actual forecasted steel price. It’s more important to spot the trend. See why. Steel market recovery All U.S. forms of steel prices increased throughout September. HRC, CRC and HDG prices increased rapidly […]
Raw Steels MMI: U.S. steel prices make gains, aided by auto sector
The Raw Steels Monthly Metals Index (MMI) increased by 4.3% for this month’s value. Does your company have a steel buying strategy based on current steel price trends? U.S. steel prices start increasing HRC prices increased by over 5.4% throughout August, closing at $486/st. During the first two weeks of September, the price rallied up […]
Raw Steels MMI: Demand remains strong in China, lagging elsewhere
The Raw Steels Monthly Metals Index (MMI) increased 1.5% for this month’s MMI value. Learn when you should use a steel scrap cap collar contract versus a finished price index. Chinese demand on the rise In the past few months, Chinese HRC and CRC prices have increased over 20%. Meanwhile, their U.S. counterparts have followed […]
Raw Steels MMI: U.S. market still has a steep curve ahead
The Raw Steels Monthly Metals Index (MMI) increased 1.5% for this month’s MMI reading.
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 […]