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

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

August 27, 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 for stainless steel, and the MMI Index 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 in…

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