Stainless Steel Prices in 2024: How are They Determined?
Accurately predicting the future directions of stainless steel prices requires tracking a number of different price drivers and market conditions.| MetalMiner
MetalMiner is the leading metal prices forecasting company and strategic sourcing solutions hub for manufacturers to achieve cost savings.| MetalMiner
Accurately predicting the future directions of stainless steel prices requires tracking a number of different price drivers and market conditions.| MetalMiner
Month: August 2025| MetalMiner
The Stainless Monthly Metals Index (MMI) moved sideways, with a modest 0.32% increase from July to August. Though it also remained flat for the month, the nickel price continued on an overall downtrend. Stainless Mills Note Weak Demand Despite a round of price hikes in recent months, the stainless market remains weak, with no evidence […]| MetalMiner
The Raw Steels Monthly Metals Index (MMI) accelerated during the month, moving up 3.87% from July to August as steel prices continued to slide. U.S. Steel Prices Continue Slow Downtrend U.S. steel prices have remained within a slow but steady downtrend since their late-March peak. As of mid-August, prices were down 9.49%, falling to their […]| MetalMiner
The Automotive MMI (Monthly Metals Index) moved sideways, dropping by 0.84%. The U.S. automotive sector is reeling from recent developments that are dramatically altering the landscape for metal sourcing and procurement. Over the past month, new metal tariffs and trade deals, wild swings in aluminum and copper prices and frank warnings from automakers have converged […]| MetalMiner
The Rare Earths MMI (Monthly Metals Index) moved sideways, rising a modest 0.37%. Overall, the global rare earth metals market has seen a whirlwind of developments in the past few weeks, sending ripples through both supply chains and pricing. A series of U.S. and Chinese policy moves, from Washington’s unprecedented price support for rare earth […]| MetalMiner
The Aluminum Monthly Metals Index (MMI) edged higher, but the pace slowed. Ultimately, the index saw just a 0.85% rise from July to August as the price of aluminum seemed to enter a period of flux. Track other MetalMiner monthly indexes here, and compare how the overall industrial metal market is performing. Midwest Premium Futures […]| MetalMiner
The Copper Monthly Metals Index (MMI) moved sideways, rising 1.18% from July to August. This puts the price of copper today just slightly above its April lows. Comex Copper Prices Plummet After Tariff Surprise July proved the most volatile month yet for Comex copper prices. As market surprises often do, the White House’s decision […]| MetalMiner
Australia may well emerge as one of the few non-China sources for the supply of gallium metal, a valuable mineral used in electronics, LEDs and semiconductors. In a move toward critical mineral diversification, Alcoa of Australia recently reported that it had signed a Joint Development Agreement with Japan Australia Gallium Associates Pty Ltd (JAGA) to […]| MetalMiner
ArcelorMittal plans to idle blast furnace No. 3 at its Dąbrowa Górnicza plant in Poland’s Silesian Voivodeship. The steel industry giant made the initial announcement back in September, citing current and future market factors. “The reason for this decision stems from the extremely difficult and constantly deteriorating market conditions,” ArcelorMittal Poland said on July 24. […]| MetalMiner
The latest copper tariffs represent a dramatic shift from previous policies, but the market is nonetheless working to improve supply security.| MetalMiner
Big changes are coming in the EU steel market as ThyssenKrupp releases its plan to cut production alongside nearly half of its workforce.| MetalMiner
Recent movements in aluminum prices show the metal holding strong despite global economic shifts and region-specific challenges in extraction and refining operations. On July 25, aluminum prices on the London Metal Exchange climbed to a four-month high, ending the week at US $2,656.5 and US $2,657 per ton, an increase of $10.5 or 0.39%. According […]| MetalMiner
The EU steel industry is bracing for significant changes amid changes to the import safeguard system, tariffs, and the upcoming CBAM.| MetalMiner
Month: July 2025| 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
The global copper market faces a lot of changes, with both China and India making big moves to establish a hold ahead of the energy transition.| 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
As the European steel industry continues to evolve, ThyssenKrupp is making significant investments in multiple plants while reducing its workforce.| 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
Month: March 2025| MetalMiner
Even as tariff deals start to roll in, the price of aluminum faces a number of challenges heading into H2 as well as for the future.| MetalMiner
Amid ongoing negotiations, the announcement of new Trump Tariffs has prompted a big response from the EU, especially given its current struggles.| MetalMiner
Newly announced Trump Tariffs doubling duties on aluminum and steel are already affecting the U.S. Construction industry, but by how much?| MetalMiner
Hungary's steel industry has recently received a boost from its partnership with BYD, but some European nations worry about BYD's market share.| MetalMiner
Tariffs and global conflicts have put global energy in a state of flux. Now, the U.S. must contend with a liquefied natural gas offer from Russia to Mexico.| MetalMiner
The Global Precious Metals MMI (Monthly Metals Index) saw a strong rally from mid-May to mid-June. Precious metals prices like gold, silver, platinum and| MetalMiner
The 90-day tariff rollback saw a significant reaction from iron ore prices. Now, analysts are anticipating what's in store for the rest of 2025.| MetalMiner
Tariffs continue to shake global markets with significant implications for steel prices. So far, the U.S. remains quite resilient. Will it last?| MetalMiner
Amid chaos from the Trump Tariffs and ongoing trade deals, automakers around the world are making big moves to preserve their bottom lines.| MetalMiner
All eyes are on stainless steel prices following Trump's surprising tariff announcement. What's really in store for the stainless market?| MetalMiner
Month: February 2025| MetalMiner
Insights SV is a one-of-a-kind tool designed to make tracking part prices much easier. by automatically updating part price data based on contracts.| MetalMiner
New "Trump Tariffs" are inbound, this time for steel and aluminum. Is there a method to the trade madness, or is it possible duties will stick around?| MetalMiner
Stay up to date on the latest metals market trends with our weekly articles.| MetalMiner
MetalMiner Select is the streamlined solution built for organizations needing targeted metal price points, without having to purchase unnecessary price points.| 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
Forecasting the price of copper isn't a straight line. Smelter production, market supply and overall global demand all impact copper prices.| MetalMiner
Predicting metal prices requires a thorough understanding and breakdown of various factors driving metal markets. Learn more about a metal market analysis.| MetalMiner
It’s not enough to merely know the base price and surcharge for stainless steel. MetalMiner Insights shows complete nickel prices...| MetalMiner
Accurately predicting the future directions of the price of steel requires assessing a number of different elements.| 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
MetalMiner Insights includes steel prices for a full range of carbon steel products including adders and extras by mill. aluminized, galvanized...| MetalMiner
MetalMiner serves as the leading metals prices intelligence brand and platform, providing forecasts & solutions for metal buyers on...| MetalMiner
Guinea's alumina power play, alongside other factors, could have an impact on aluminum prices in the coming months.| MetalMiner
Best practices for metal based sourcing for new procurement professionals, or those that have the exciting responsibility of managing a metals category...| 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
As President-elect Donald Trump prepares to assume office in January 2025, industrial metal prices are poised for a number of shifts such as...| 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
Are we seeing the first offshoots of a recovery in China’s steel industry? Some media outlets report that Chinese steel output turned positive for the first| 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
Some may argue that timing purchases appears speculative. Spot buying, however, also means speculative buying!| MetalMiner
To help you understand metal price trends across industries and within specific metal markets, MetalMiner issues metal price charts...| MetalMiner
The MetalMiner Monthly Metal Outlook (MMO) is delivered directly to your inbox on the first of every month, with metal prices today and...| MetalMiner
Our solutions for pricing on industrial metals combine live price feeds with AI and TA (technical analysis) to provide the most accurate and...| MetalMiner
MetalMiner Insights shows companies how to buy, when to buy and what to pay. It’s not enough to only know the aluminum prices on the LME...| MetalMiner
Between rampant human rights abuses and Chinese influence, cobalt mining in the DRC has more than its share of dirty secrets.| MetalMiner
Huta Częstochowa, Liberty's Polish asset, recently entered bankruptcy, leaving many wondering what this means for the local steel industry.| MetalMiner
More bad news for China's struggling steel industry continues to raise alarm bells about the steel manufacturing leader's future.| MetalMiner
Both Malaysia and India instituted anti-dumping investigations against China and several other countries accused of pushing cheap steel.| MetalMiner
There remain several schools of thought regarding the future of the global lithium market, with some arguing for growth while others see a downturn.| MetalMiner
While the price of aluminum saw an increase this month, significant downsides remain at work in the market, particularly regarding China.| MetalMiner
