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. […]
Tag: Stainless MMI
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 […]
Stainless MMI: LME Nickel, Stainless Surcharges Fall Back
The Stainless Steel Monthly Metals Index (MMI) dropped two points again this month, now down to 67. The index stayed relatively flat during the past few months since jumping in February from 61 to 68. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Several prices in the index dropped significantly […]
Stainless MMI: Subindex Drops as Nickel Prices Show Weakness
The Stainless Steel Monthly Metals Index (MMI) declined this month, dropping by two index points to 69. A few of the prices in the basket registered fair declines, with nickel prices showing weakness. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME Nickel The LME primary nickel 3-month price decreased […]
Stainless MMI: Stainless Prices Hold Flat
The Stainless Steel Monthly Metals Index (MMI) held steady this month at 71. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME nickel prices mostly ended up moving sideways as March progressed after hitting a six-month high early in the month, with the price peaking at $13,750/mt during trading. SHFE […]
Stainless MMI: Stainless Prices Bounce Back After Last Month’s Losses
The Stainless Steel Monthly Metals Index (MMI) jumped seven points this month to 68, translating into an 11.5% increase, the largest monthly increase registered by the MMI since the 10.95% increase in September 2017. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME Nickel LME nickel prices surged in […]
Stainless MMI: Nickel Prices Fall, Stainless Surcharges Steady
The Stainless Steel Monthly Metals Index (MMI) dropped two points, bringing the index value to 66 points. The drop came as a result of lower LME nickel prices, while U.S. stainless steel surcharges held steady this month. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what you need LME Nickel LME nickel […]
Stainless MMI: LME Nickel Prices, Stainless Surcharges Fall
The Stainless Steel Monthly Metals Index (MMI) fell in November. The index moved back towards September 2017 levels (when it hit 67 points). The current index stands at 68 points. The drop came as a result of lower LME nickel prices and lower U.S. stainless steel surcharges. Need buying strategies for steel? Request your two-month […]
Stainless MMI: Nickel Prices, Stainless Steel Surcharges Drop
The Stainless Steel Monthly Metals Index (MMI) fell again this month. The slide of six points moved the index to 72 from the previous 78 reading. Lower nickel prices led the fall, while domestic stainless steel surcharges also fell. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The drop in […]
Stainless MMI: LME Nickel, Stainless Surcharges Drop
The Stainless Steel Monthly Metals Index (MMI) fell again this month. The slide of four points moved the index to 78 from the previous 82 reading. The index fell back to May 2018 levels. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The index dropped due to a slight fall in […]
