It’s been a while since we have last posted. Lots of things have happened. The Patriots won a (controversial) Superbowl. The Golden State Warriors won an NBA title. And Jordan Speith has started his reign as the next big thing in Golf. And oh yes, our industry. Oil has continued to be disappointing, leading to lackluster demand across the board from stainless steel to certain high temperature alloys. Along with the fall of Oil affecting Nickel, it (along with mining projects being halted) has also slowed demand for Tungsten alloys, causing a significant price drop. And more recently we have watched Molybdenum fall dramatically as well. However, we are optimists, ya know glass half-full kind of guys. So while things are looking bleak at the moment and have been for the past year or so, we believe things will turn soon.