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…

The post Stainless MMI: Nickel Prices Stop Surging and Begin to Move Sideways appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

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...

The post Stainless MMI: Nickel Prices Stop Surging and Begin to Move Sideways appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.