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The Stainless Monthly Metals Index (MMI) increased by 3% this month after holding flat for two consecutive months.
stainless steel price
Stainless MMI: LME nickel prices contradict market fundamentals
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- Style:
- Market Analysis
- Category:
- Ferrous Metals, Metal Prices
Webinar: MetalMiner’s Lisa Reisman, Don Hauser on metals buying strategies during volatile markets
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- Style:
- Market Analysis
- Category:
- Metal Prices, Sourcing Strategies, Supply & Demand
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If you are a metals purchaser, it is imperative to mitigate risk and keep costs down whenever possible.
Of course, volatile market conditions can very quickly disrupt a buying organization’s approach, whether it’s due to the imposition of new tariffs, the coronavirus outbreak or the oil price plunge (just to name a few recent events with seismic impacts on metals markets).
With that said, changing market conditions require a flexible, knowledge-based approach, including knowing the best times to buy and which contract mechanisms to utilize for each market type.
MetalMiner CEO Lisa Reisman and Vice President of Business Solutions Don Hauser broke down all of the above and more during a webinar Wednesday, June 24, titled “How to Set Your Metal Purchasing Strategy in Volatile Markets.”
The full webinar recording can be listened to on demand from the MetalMiner video archive.
Europe’s steel industry faces an unprecedented threat
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- Style:
- Market Analysis
- Category:
- Ferrous Metals, Metal Prices
Andrey Kuzmin/Adobe Stack
President Donald Trump had scant regard, nor interest, in the impact his decision in 2018 to impose 25% import duties on steel products would have on other markets around the world — his focus was, reasonably enough, purely on the U.S.
Week in Review: Stainless steel prices; Novelis-Aleris developments; SAIL looks to export markets
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- Style:
- Industry News
- Category:
- Commodities, Company News, Exports, Ferrous Metals, Metal Prices, Non-ferrous Metals
Maksym Yemelyanov/Adobe Stock
Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner:
Stainless price rises offer a hint of support for nickel
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- Style:
- Market Analysis
- Category:
- Ferrous Metals, Metal Prices
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.
Week in Review: Pressure on steel; falling oil prices; housing starts plunge
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- Style:
- Industry News
- Category:
- Anti-Dumping, Commodities, Company News, Ferrous Metals, Global Trade, Metal Prices
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Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: steel prices; container traffic trends; housing starts; oil prices; E.U. anti-dumping duties on stainless steel; and much more.
Stainless MMI: South Africa’s 21-day lockdown shakes up ferrochrome markets
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- Style:
- Market Analysis
- Category:
- Ferrous Metals, Metal Prices
The Stainless Monthly Metals Index (MMI) fell 6.0% this month.
South Africa’s 21-day lockdown disrupts chrome sector, delays stainless surcharge update
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- Style:
- Market Analysis
- Category:
- Metal Prices
JEGAS RA/Adobe Stock
Sporadic reports of mine closures and special working arrangements have gathered momentum during March and into April, in some cases sparking fears of ore supply shortages.
Few places have had quite the profound impact that closures in South Africa have caused.