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

Superalloy prices were mostly flat on Thursday, following downward trending LME nickel prices through the week. 

 

The weekly Davis Index for Hastelloy C was flat at $5.24/lb /lb delivered processor yard and unchanged for Hastelloy X at $3.79/lb for single truckloads. 

 

Inconel 600 rose remained at $4.94/lb delivered and was flat for Inconel 601 at $4.10/lb delivered processor yard.

 

Inconel 617 Vac was flat at $3.74/lb delivered and grew for Inconel 625 Vac by 11¢/lb to $4.92/lb delivered processor yard. The index for Inconel 718 Vac also remained unchanged at $3.78/lb delivered processor yard. 

 

The official LME Nickel cash contract closed Thursday at $17,783/mt, down by $162/mt from $17,945/mt on Jun 3.

 

Superalloy prices remained unaffected and balanced with steady demand similar to stainless steel even though LME nickel prices continue to fall. 

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