Commodity • E&S Pricing Trends • Economic Trends • Market Trends • The Ashton Report • Whats Important Now: Report

Prices For Stainless Spiked In August As Traders Speculate On Supply Fears

September 5, 2019
by The Ashton Report
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Written by The Ashton Report
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Continuing pressure on nickel prices during the last half of July and the first half of August pushed global prices higher for stainless steel. The MMI Index was up 9% in the past month, according to the latest data from MetalMiner. Traders are bidding up nickel prices ahead of an announced export ban in 2022…

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