The prices for Superalloys climbed across most grades on Thursday in tandem with the increase in the LME Nickel market.


The weekly Davis Index for Hastelloy C rose by 0.4¢/lb to $4.79/lb for a single truckload delivered processor yard and increased for Hastelloy X by the same amount to $3.20/lb delivered.


The index for Inconel 600 also moved up by 8¢/lb to $4.27/lb delivered and increased by 6¢/lb for Inconel 601 to $3.40/lb delivered processor yard.


Inconel 617 grew by 6¢/lb to $3.18/lb delivered processor yard, while Inconel 625 Vac jumped by 11¢/lb to $3.73/lb delivered. The Inconel 718 Vac index jumped by 7¢/lb at $2.82/lb delivered processor yard on Thursday.


The official LME Nickel cash contract closed Thursday at $16,519/mt, up by $523/mt from $15,996/mt on Dec 3.


Scrap remains tight for all stainless-steel grades and the lower prices for oil and gas have impacted the higher temp grades by reducing projects at refineries and therefore generating less scrap.

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