Stainless Steel Mills Hold Prices Ahead of Contracting
As contracting season approaches, stainless steel mills are holding prices steady. However, multiple factors still hold sway over market direction.| MetalMiner
The Raw Steels Monthly Metals Index (MMI) remained sideways, with a modest 0.82% rise from September to October. U.S. Steel Prices Remain in Search of a Bottom U.S. steel prices continued to soften throughout September as they entered Q4 in search of a new low. Based on their October 3 close, HRC prices have now […]| MetalMiner
Steelmakers in Europe are seeing a large jump in hot rolled coil prices as people start to return to work from their summer holidays, which could have significant implications for the steel industry. “Stocks are low,” one source said about inventories for the flat rolled product held by both stockists and end-users. Mills are currently […]| MetalMiner
The Aluminum Monthly Metals Index (MMI) remained sideways with an upside bias, rising 0.56% from August to September. Meanwhile, the global price of aluminum reached highs not seen since the beginning of the year. Track other MetalMiner monthly indexes here, and compare how the overall industrial metal market is performing. Worried about the fluctuating price […]| MetalMiner
As contracting season approaches, stainless steel mills are holding prices steady. However, multiple factors still hold sway over market direction.| MetalMiner
Precious metals prices finally lost some steam after a bullish H1, but there are still plenty of factors in play that could affect pricing later.| MetalMiner
The latest copper tariffs represent a dramatic shift from previous policies, but the market is nonetheless working to improve supply security.| MetalMiner
U.S. construction industry woes continue as tariffs and Fed interest rates cause chaos. Although flat for June, the index will see higher prices soon.| MetalMiner
Aluminum prices slowed their ascent this month, but the Midwest Premium found a brand new high. What does this mean for the short term outlook?| MetalMiner
Though nickel prices and demand slumped, U.S. mills secured significant price hikes for most forms of stainless steel. The question is, will they hold?| MetalMiner
The U.S. automotive manufacturing sector recently got a shock from Trump's new copper tariffs. They come at a bad time, but there are solutions.| MetalMiner
The price of copper is again flirting with all-time highs. MetalMiner explores the primary drivers affecting the fluctuating global prices.| MetalMiner
Steel prices remained mostly steady throughout June, but a series of factors could affect global markets throughout H2 and beyond.| MetalMiner
A long-awaited trade deal on rare earths may ease tensions among U.S. manufacturers, but China reserves the right to shake things up.| MetalMiner
Though stainless steel continued to move sideways, nickel prices maintained their upward trajectory, complicating the forecasting process.| MetalMiner
Steel prices recently jumped on increased pre-tariff demand. However, many industry insiders when they might find their peak.| MetalMiner
Tariffs have had mixed effects on stainless steel so far, as have nickel prices. However, some firms hold out hope for a strong Q1.| MetalMiner
The Renewables MM) dropped further in December, setting up a potentially volatile year for battery metals and their buyers.| MetalMiner
After a devastating 2023, nickel prices are on track to finish up 2024 down even further, with significant impact on stainless steel.| MetalMiner
Many insiders anticipate a surge in aluminum prices due to recent moves by China and a variety of other factors set to go into motion soon.| MetalMiner
The global steel industry may be looking down the barrel at some big changes as Trump's win, potential tariffs, and auto industry issues mount.| MetalMiner
Precious metals prices experienced quite a ride from October to November, with debates raging as to where they might head next.| MetalMiner
Good construction news has been hard to come by recently, but the latest Fed rate cuts have had a positive impact on the industry so far.| MetalMiner
While the price of aluminum saw an increase this month, significant downsides remain at work in the market, particularly regarding China.| MetalMiner
