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.
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 Carbide
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