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

Superalloy prices have increased across most grades on Thursday on an uptrend in LME nickel prices.


The weekly Davis Index for Hastelloy C rose to $4.482/lb from $4.474/lb on Thursday and ticked up for Hastelloy X to $2.666/lb from $2.662/lb for single truckload delivered processor yard. 


The index for Inconel 600 moved up to $3.407/lb from $3.385/lb and jumped for Inconel 601 to $2.786/lb from $2.779/lb. Inconel 617 also rose to $2.888/lb from $2.881/lb delivered, while Inconel 625 Vac increased to $3.159/lb from $3.154/lb. Inconel 718 Vac inched up to $3.036/lb from $3.034/lb on Thursday. 


The official LME nickel cash contract closed Thursday at $13,460/mt, up by $245/mt from Wednesday.


Superalloy prices have been increasing with the increasing LME nickel prices. However, demand for the material is experiencing a downward pressure because of which, processors foresee prices inching down over the next few weeks.

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