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,...
by espsteel | Feb 12, 2014 | Uncategorized
AMM reports stainless steel scrap prices are up after consecutive weeks of declines. Scrap price increase caused by jump in LME nickel pricing.
by espsteel | Feb 10, 2014 | Uncategorized
Market analysts said apart from increased domestic demand from alloy-makers, firmness in base metals overseas influenced nickel futures here.
by espsteel | Nov 25, 2013 | Uncategorized
Yes, the nickel surcharge overall was up a bit for December. Unfortunately recent copper and nickel has dove down significantly the last half of November. ESP projects that January will likely be down again. Remember that the surcharge calculation period is 21st of...
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