With Indonesian exports to China being halted, the Nickel Market has steadily climbed and has hit the $8.30 range. Indonesia is China’s leading supplier of Laterite Nickel (a cheaper alternative to pure nickel for producing stainless), which is used to produce Nickel Pig iron. With this news, we anticipate a relatively stable if not strong market for the foreseeable future.
Tungsten Carbide is used in a variety of industries. From tooling for manufacturing to radiation shielding, Tungsten based alloys are key in providing certain characteristics that no other metal can provide. The element W is a bi product of mining other metals, thus making the importance of recyclin...
Tungsten CarbideSlowing 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