Via Metal Miner Nickel prices remained decidedly bearish throughout October, experiencing the largest monthly decline amongst base metals. Indeed, prices fell over 7% to their lowest level since October 2021. Overall, the Stainless Monthly Metals Index (MMI) continued to decline, dropping 5.74% from September to October. Stainless Mills Scramble For Orders After data from the World Stainless Association showed a 0.9% decline in stainless steel melt shop production during H1, by Q4, the stainless market remains bleak. Nonetheless, domestic…
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