by espsteel | May 16, 2014 | Industry News
Nickel prices plunged 11 percent May 13 and 14 , and probably will fall 15 percent further in 12 months to $16,000 a metric ton, Goldman forecasts. Nickel had surged this year following a January ban on ore exports by Indonesia, the world’s largest supplier from...
by espsteel | Apr 24, 2014 | ESP News
Ed Nunez joins ESP as an outside sales rep. He will cover Illinois, Indiana, Iowa, Wisconsin, Minnesota, Michigan, North and South Dakota. Ed resides in Wisconsin with his wife and 3 kids. We are excited to have Ed join our team
by espsteel | Apr 23, 2014 | Uncategorized
Stainless steel bar pricing looks to continue its upward push as stainless steel scrap prices rise this week with LME nickel hitting its highest point in 14 months along with strong consumer demand. Even without NAS support, other domestic mills are saying that the...
by espsteel | Apr 4, 2014 | Uncategorized
Nickel prices have surged nearly seven per cent in the past month with fears over supplies from Russia adding to Indonesian curbs on shipments of unprocessed ores. Among base metals, nickel has been the best performer in the March quarter, gaining nearly 15 per cent....
by espsteel | Feb 24, 2014 | Uncategorized
China stockpiles Indonesian nickel ore prior to Indonesia’s export ban. This has caused upward pressure on nickel pricing. China is estimated to run out by mid year. Speculation is that prices will push up then. China is the market gorilla for stainless,...
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