After much anticipation regarding the election here in the states, the dust has finally settled. With so much uncertainty behind Trumps campaign, we expected commodities to take a somewhat downward turn. The complete opposite has happened. There seems to be a lot of optimism pushing the markets up. Nickel is over $5 for the first time in well over a year and Copper has got up to almost $2.50.
Slowing stainless steel demand has been affecting all alloys from Nickel to Moly and even Titanium. The Indonesian ban on nickel ore exports has done little to bolster confidence in the market and the current doubts surrounding a long-term trade deal between the US and China will certainly not hel...Stainless and Alloys
With most commodities facing question marks due to trade wars and demand; Nickel has reached high's that we haven't seen since 2014. Much of this has to do with the ban of Indonesian nickel into China amongst other factors. Alloys such as Inconel 718, Hastelloy C-276, Hastelloy C-22, Monel R400, and...Nickel market