Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Prices for US high temp alloys were rangebound on Thursday amid a fluctuating LME Nickel market.


The weekly Davis Index for Hastelloy C rose by 0.1¢/lb to $4.50/lb for single truckload delivered processor yard and was flat for Hastelloy X at $3.04/lb delivered. 


The index for Inconel 600 also increased by 0.1¢/lb to $4/lb while it fell for 601 by 0.2¢/lb to $3.21/lb delivered processor yard.


Inconel 617 also climbed by 0.3¢/lb to $3.08/lb delivered processor yard while Inconel 625 Vac declined by 0.1¢/lb to $3.50/lb delivered. The index for Inconel 718 Vac moved down by half a penny to $2.81/lb delivered processor yard on Thursday. 


The official LME Nickel cash contract closed Thursday at $15,738/mt, up by $338/mt from $15,400/mt on Oct 15.


The demand for superalloy has been spotty this week as mills look to dispose their inventories before the year ends. Moreover, a volatile LME Nickel market has scattered high temp alloy pricing that has trended sideways this week. 

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