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

Superalloy prices moved up across most grades on Thursday in tandem with the rising LME Nickel market. 


The weekly Davis Index for Hastelloy C rose by 0.2¢/lb at $4.71/lb for single truckload delivered processor yard and increased for Hastelloy X by 0.1¢/lb to $3.13/lb delivered. 


The index for Inconel 600 also inched up by 0.1¢/lb to $4.13/lb and rose by the same amount for 601 to $3.28/lb delivered processor yard.


Inconel 617 and Inconel 625 Vac grew by 0.1¢/lb to $3.09/lb delivered processor yard and $3.58/lb delivered, respectively, while Inconel 718 Vac was flat at $2.75/lb delivered processor yard on Thursday. 


The official LME Nickel cash contract closed Wednesday at $15,975/mt, up by $285/mt from $15,690/mt on Nov 19. 


Inconel prices have increased slightly this week amid mixed LME Nickel market movements. That said, the alloy market is not seeing a surge in demand like the stainless steel market according to some market participants. 

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