Tag: Stainless MMI

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, […]

Stainless MMI: Stainless surcharges fall, nickel prices increase slightly

Stainless MMI: Stainless surcharges fall, nickel prices increase slightly

The Stainless Steel Monthly Metals Index (MMI) gained one point for a January reading of 75. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Just a few months back, in September 2019, the index hit a five-year high of 91. LME nickel prices increased again in […]

Stainless MMI: Nickel Prices Stop Surging and Begin to Move Sideways

The Stainless Steel Monthly Metals Index (MMI) dropped back by three points to 88. The drop comes after reaching a five-year high of 91 last month, following strong increases for two consecutive months and culminating in last month’s 16-point surge. Price increases caught up with additional values in the index, while key prices that initially […]

Stainless MMI: Index Jumps 16 Points on Nickel Price Surge

Stainless MMI: Index Jumps 16 Points on Nickel Price Surge

The Stainless Monthly Metals Index (MMI) followed last month’s six-point increase with a 16-point jump this month. Once again, the index surge came as a result of strong nickel price gains, even though a slim majority of global prices in the index declined (albeit mildly compared to nickel price increases). Need buying strategies for steel? […]

Stainless MMI: Index Jumps Six Points on Nickel Price Surge

The Stainless Steel Monthly Metals Index (MMI) jumped six points for an August reading 75 on the back of strong nickel price gains. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Within the Stainless MMI basket, LME nickel prices increased the most once again this month, recording a 13% increase. […]

Stainless MMI: Nickel Prices Surge as Stainless Surcharges Fall

Stainless MMI: Nickel Prices Surge as Stainless Surcharges Fall

The Stainless Steel Monthly Metals Index (MMI) bounced back this month, rising two points to 69 after last month’s two-point drop. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook   Movements of individual prices within the index were mixed. LME nickel prices increased the most among price points in the […]

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