Superalloy prices were mixed on Thursday following a volatile LME Nickel market throughout the week.
The weekly Davis Index for Hastelloy C fell by 7¢/lb to $5.23/lb for single truckload delivered processor yard and by 8¢/lb for Hastelloy X to $3.77/lb delivered.
Inconel 600 declined by 7¢/lb to $4.93/lb delivered and decreased by the same amount for Inconel 601 to $4.10/lb delivered processor yard. Inconel 617 remained at $3.73/lb delivered processor yard and grew for Inconel 625 Vac by 3¢/lb to $4.65/lb delivered. The index for Inconel 718 Vac inched down by 1¢/lb to $3.61/lb delivered processor yard.
The official LME Nickel cash contract closed Thursday at $17,364/mt, up by $38/mt from $17,326/mt on May 20.
Slow demand has kept superalloy prices rangebound throughout May. Still, with the aerospace industry showing signs of recovery from pandemic-related demand weakness, participants expect the demand for high temp alloys to grow. That said, prices at present are affected by volatile LME nickel prices which trended down until last week and have moved up since then.