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METAL INDUSTRIES News and New Products

Commodity Prices Continue to Gain: Ferrous Metals Drive Higher Index

The IHS Materials Price Index (MPI) rose for a sixth consecutive week, increasing 1.4 percent to hit a fresh 18-month high. Ferrous metals once again drove the index higher, gaining 3.3 percent. However, it was rubber that provided the largest boost by jumping 10.6 percent, capping off two months of continuous gains....

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