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

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.

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