LME Stock Plunging Putting Commodity Markets Center Stage
LME stock hit its lowest point this century. Adding to the confusion is the fact that prices continue to plummet as well.
Source: agmetalminer.com
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Raw Steels MMI: Hot Rolled Coil Prices Hit New Lows
Hot rolled coil prices are down this month across the board. Can China's infrastructure investments turn the tide? %
Source: agmetalminer.com
Stainless MMI: Nickel Prices Fall to a 6-Month Low
The March LME squeeze is still affecting nickel prices, and will continue to do so for quite some time. How will the stainless MMI fair?
Source: agmetalminer.com
Raw Steels MMI: Steel prices continue to drop
U.S. steel prices continue to retreat. After consistent week-over-week declines, HRC prices now sit more than 15% beneath their late-April peak while Steel prices continue to retreat as HRC prices fell by more than 15% from their late April highs on the back of slowing demand and weak imports.
Source: agmetalminer.com
Raw Steels MMI: Steel Prices Fall As Demand Concerns Mount
Steel prices are beginning to look a lot less rosy for the rest of 2022 with many major organizations revising their estimates.
Source: agmetalminer.com