Industrial Metal News’ Post

Daily Scrap Metal Price Alert - Sept 25, 2024 Today’s scrap metal price report is out! Gold, platinum, and silver are rising, while copper sees a small decline. Aluminum and steel remain steady. Follow ScrapMonster for daily updates and insights into the metal markets. #scrapmetalprices #goldprices #platinum #copperprices #aluminum #steel

Kick off the week with a robust outlook. ✨ LME nickel prices remain under pressure, impacted by persistent oversupply and weaker-than-expected demand. The market continues to navigate these challenges, influencing the broader stainless steel sector. #JINLINGMETALS #stainlesssteel #lmenickel #aceroinoxidable #MONDAY #macrocommodity

Nickel prices remain solid beyond 18.000 USD/MT, which will push stainless steel prices upwards in Q2/2024. Personally, I see 20.000 USD as a realistic mid-term price level to be still seen in Y2024. #nickel #nickelprices #alloyingelements #metals #rawmaterials see the 1 year chart at Investing.com: https://invst.ly/13-vmy

Preview MetalMiner's Annual Metals Outlook, December update: https://lnkd.in/esY3YUBr Metal markets change, therefore price forecasting should too. That's why our Annual Outlook, a 12 month metal price forecasting report (including steel, aluminum, copper, zinc, tin, lead and nickel) comes with 3 quarterly updates. Check out a preview of our most recent, December update by following the link above. #steel #metalprices #metalindustry #copperprices #steelprices #nickelprices #aluminumprices #procurementmanager

In terms of nickel price futures: Lun Nickel is currently up by more than 200 US dollars; Shanghai Nickel is up by more than 1,000 yuan; individual stainless steel futures contracts are up by more than 100 yuan. In terms of scrap raw materials: the purchase prices of 201 and 304 scrap are both stable; the market price of high-nickel iron fell by 5 yuan, the ex-factory price of high-carbon ferrochrome increased by 100 yuan, and the market price of ferromolybdenum was stable.

MetalMiner: Stainless MMI: Stainless Market Sees Pick-Up as Nickel Prices Stagnate Nickel prices inverted to the upside in February, with an 8.71% month-over-month rise. Following a 3.53% increase during the first weeks of March, prices appeared to stagnate after they found at least a short-term peak on March 13. Overall, the Stainless Monthly Metals Index (MMI) remained sideways, with a modest 1.95% rise from February to March. Continue reading: https://lnkd.in/g_8gAzhA #nickel #nickelprices #stainless #stainlesssteel #industrialmetalnews

At the end of the year, the manganese metal market continued to remain on the sidelines, with no obvious signs of fluctuations in the market during the week. Although some price support sentiments reappeared, the follow-up of actual high-price transactions was poor, and the market was divided on price increases. And with the New Year's Day holiday approaching, there is insufficient room for overall fluctuations before the holiday. Currently, Baosteel, Shougang, Hegang and other new rounds of bidding have entered the market one after another, and we will wait and see the final pricing guidance of subsequent steel mills.

Daily Scrap Metal Price Alert | Gold & Aluminum Up, Copper & Brass Down - Sept 27, 2024 Gold and aluminum prices increased while copper and brass dropped. Watch this 60-second price alert from ScrapMonster for the latest updates in the scrap metal market. #scrapmetalprices #scrapmonster #goldprices #aluminumprices #copperprices #brassprices #recycling #metals

Gold Prices Jump, Copper Up Too! 📈 | Daily Scrap Metal Report - Sept 23, 2024 Stay updated on scrap metal prices! Gold scrap prices see a major jump, Copper follows, and Aluminum edges lower. Check out ScrapMonster’s latest daily price report. #scrapmonster #scrapmetalprices #goldprices #copperprices #aluminumprices #recyclingindustry #metalmarket

Preview MetalMiner's Annual Metals Outlook, December update: https://lnkd.in/esY3YUBr Metal markets change, therefore price forecasting should too. That's why our Annual Outlook, a 12 month metal price forecasting report (including steel, aluminum, copper, zinc, tin, lead and nickel) comes with 3 quarterly updates. Check out a preview of our most recent, December update by following the link above.