The Stainless Monthly Metals Index (MMI) increased by 4.5%, as stainless flat rolled base prices continue to move upward due to extended lead times and limited domestic capacity (following a similar trend with steel prices). Stainless steel producers raise pricesStainless steel producers North American Stainless (NAS) and Outokumpu announced price increases effective for February deliveries. Are you under pressure to generate stainless steel cost savings? Establishing this type of strategic supply chain with Canada could prevent nickel prices — and, consequently, stainless steel prices — from spiking on material shortage fears. Check out the MetalMiner stainless steel should-cost model — detailed price-per-pound info for grade, form, alloy, gauge, width, cut to length adders, polish and finish adders.