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

US superalloy prices increased across all grades on Thursday in tandem with the rising LME nickel market.


The weekly Davis Index for Hastelloy C rose by 6¢/lb to $5.19/lb for single truckload delivered processor yard and increased for Hastelloy X by 2¢/lb to $3.88/lb delivered.


The index for Inconel 600 also grew by 6¢/lb to $5.09/lb and jumped by 9¢/lb for 601 to $4.07/lb delivered processor yard.


The index Inconel 617 increased by 7¢/lb to $3.79/lb delivered processor yard while Inconel 625 Vac rose by 3¢/lb to $4.51/lb delivered. The index for Inconel 718 Vac surged by 11¢/lb to $3.58/lb delivered processor yard on Thursday.


The official LME Nickel cash contract closed Thursday at $18,966/mt, up by $367/mt from $18,599/mt on Feb 11.


LME Nickel prices have risen gradually over the past week lifting superalloys pricing. Like the stainless-steel market, participants see good demand for high temp alloys, which is contributing to the increasing prices.

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