The
Raw Steels Monthly Metals Index (MMI) picked up 9.0% for this month’s reading, as steel prices continued ascending this past month.
US steel prices continue to rise
For buyers waiting to see a peak in steel prices: keep waiting.
At least for now, steel prices continue to rise, posting double-digit month-over-month price gains. Price rises took somewhat of a pause from late March into mid-April, but it proved temporary.
The US hot rolled coil price, for example, closed Tuesday at $1,456 per short ton, or up 10.39% from a month ago.
Meanwhile, cold rolled coil reached $1,645 per short ton, or up 8.8%. US hot dipped galvanized rose by 10.69% to $1,770 per short ton.
Donald Trump’s grip on the GOP will tighten with a vote by House Republicans today to depose Rep. Liz Cheney (R-Wyo.) from her leadership post for her persistent rebuttals to the former president’s false claims that the 2020 election was stolen from him.
Live Leeds Covid news as government set to announce travel green list
Portugal, Iceland, Malta, Israel and Gibraltar are expected to make the cut
Holidaymakers are expected to find out today which countries have been added to the travel green list.
The government is due to announce destinations that can be visited without quarantining this summer, with Portugal, Iceland and Malta expected to make the list.
Once restrictions ease further on May 17, travel will be permitted again but the government is introducing a traffic light system to make it safe.
It comes after scientists are stepping up preparations for an autumn booster vaccination campaign to protect against a third wave of coronavirus.