US Superalloy prices increased across all grades during the week on increasing LME nickel prices.
The weekly Davis Index for Hastelloy C rose by 5¢/lb to $5.13/lb for single truckload delivered processor yard and increased for Hastelloy X by 9¢/lb to $3.86/lb delivered.
The index for Inconel 600 also surged by 14¢/lb to $5.03/lb and jumped by 6¢/lb for 601 to $3.98/lb delivered processor yard.
Inconel 617 rose by 16¢/lb to $3.72/lb delivered processor yard and Inconel 625 Vac increased by 24¢/lb to $4.48/lb delivered. The index for Inconel 718 Vac moved up by 7¢/lb to $3.47/lb delivered processor yard during the week.
The official LME Nickel cash contract closed Thursday at $18,599/mt, up by $1,064/mt from $17,535/mt on Feb 4.
High temp alloy prices have increased significantly this week in line with the rising LME nickel prices. Like stainless steel, participants are seeing a continuous demand from the mills for superalloys, which is pushing up their pricing.