Stainless Steel Prices Dip Despite Nickel Rebound ...Middle East

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Stainless Steel Prices Dip Despite Nickel Rebound
source : OILPRICE ( Middle East ) () 34
Via AG Metal Miner The Stainless Monthly Metals Index (MMI) broke to the downside from May to June, with stainless steel prices falling 10.15% After falling over 14% throughout May, nickel prices began to rebound during the first half of June. Since prices remain within their short-term range without an established trend, uncertainty and volatility may increase in the coming weeks.  LME Loses Benchmark Status for Part of Nickel Market Just over 15 months after the historic March 2022 nickel squeeze, the LME lost its…

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