Via Metal Miner Rising steel prices saw the Raw Steels Monthly Metals Index (MMI) jump by 5.59% from February to March. Steel Prices Surge on Tariff News As of mid-March, steel prices remained decidedly bullish and in search of a new peak as U.S. tariffs set the market on fire. Hot rolled coil prices hit their highest level since February 2024, up over 34% since the start of the year. Meanwhile, the steel plate market, which closed last year plagued by oversupply, saw prices jump nearly 38% during the same period, a development recently covered…
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