Tag: Stainless Steel

Stainless MMI: Nickel Prices Pull Back as Downside Risk Mounts

Stainless MMI: Nickel Prices Pull Back as Downside Risk Mounts

The Stainless Monthly Metals Index (MMI) rose 14.58% from December to January as nickel prices retreated. Nickel prices continued to rally throughout December. But by January, prices began to show […]

Yearly Review: 2022 Stainless Steel and Nickel Price Trends

Yearly Review: 2022 Stainless Steel and Nickel Price Trends

Stainless and nickel price trends fluctuated much more than carbon steel throughout 2022. The LME nickel squeeze greatly strained both the nickel and stainless steel markets. Indeed, LME nickel prices […]

Stainless MMI: Reduced Stainless Imports Could Cause Shortages, Bullish Nickel Price

Stainless MMI: Reduced Stainless Imports Could Cause Shortages, Bullish Nickel Price

The Stainless Monthly Metals Index (MMI) moved up with a 7.32% rise from November to December. Meanwhile, the nickel price index appeared decidedly bullish throughout the month. While nickel prices […]

Mastering Metal Prices: 5 Sourcing Strategies That Only Pros Know

Mastering Metal Prices: 5 Sourcing Strategies That Only Pros Know

“It is a fact researchers have settled on – the 10,000-hour rule is a definite key in success.”– Malcolm Gladwell, ‘Outliers.’ For those of you who have not read Gladwell’s […]

Stainless Steel MMI: Supplier Inventories High & Nickel Starts Rally

Stainless Steel MMI: Supplier Inventories High & Nickel Starts Rally

The Stainless Monthly Metals Index (MMI) moved sideways with a modest 1.41% decline from October to November. All in all, the stainless steel price movement primarily reacted to volatility in […]

Nickel Prices: LME Nickel Contract Continues to Lack Liquidity, Harming Price Discovery

Nickel Prices: LME Nickel Contract Continues to Lack Liquidity, Harming Price Discovery

Nickel prices are seeing a lot of attention due to an overall lack of liquidity on the LME contract. But what exactly does this mean? Moreover, what does it mean […]

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