Superalloy prices declined for Hastelloy C and X but were flat for Inconel 600, 601, and 617 on Thursday.
The weekly Davis Index for Hastelloy C decreased by 1.28¢/lb to $4.423/lb on Thursday and declined for Hastelloy X to $2.590/lb from $2.595/lb for single truckload delivered processor yard.
The index for Inconel 600 remained at $3.308/lb and was flat for Inconel 601 at $2.756/lb. The index for Inconel 617 was unchanged at $2.768/lb delivered and held at $3.156/lb and $3.007/lb for Inconel 625 Vac and Inconel 718 Vac, respectively, on Thursday.
The official LME nickel cash contract closed Thursday at $12,823/mt, up by $268/mt from Wednesday.
According to some market participants, superalloy prices have trended sideways this week despite increasing LME nickel prices and rising demand. However, processors are yet to determine the demand situation in July and remain unsure about the market trend.