Stainless MMI: Stainless Market, Nickel Price Index Bearish
The nickel price dropped further in October, affecting the overall stainless steel market. Still, some producers remain optimistic.
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The nickel price dropped further in October, affecting the overall stainless steel market. Still, some producers remain optimistic.
Aluminum prices are fluctuating as U.S. and EU negotiations on tariffs, particularly regarding Chinese steel overcapacity, weigh on the market.
The Aluminum MMI dropped significantly, erasing previous gains. Meanwhile, numerous factors could potentially affect future aluminum prices.
Raw steels saw yet another bearish month from August to September, but strikes and numerous other factors could impact steel prices further.
Copper prices continue to trade sideways within a tight range. Amid a lack of bullish or bearish momentum, prices have failed to establish a breakout.