There has been a continuous decline in nickel stocks, which has lent support to nickel prices to a great extent. Falling stocks, along with strong demand from the stainless steel sector and expectations of strong demand from electric vehicles has fueled strong optimism among large investors and buyers of the industrial metal. Currently, the supply [...]
A Stable Growth Outlook for the Global Economy Bodes Well for Metals & Commodities The steel industry is looking up amid increased global demand, and investment growth. Demand in China, which controls 50% of global steel production, and is a major steel exporter, has remained stable despite concerns of loss of steel trade arising out [...]
LME Nickel Prices 12 January 2018 Nickel prices continue to face resistance, from long term downward trend line. Technically, we would need a daily and weekly close above $13,000.00 to confirm that the trend line is broken on the upside. On the fundamental front, Nickel demand has remained slow and steady on the [...]
...but Slowing Chinese Growth a Cause of Concern The global commodity markets have seen strong gains in recent times, thanks to a robust outlook for the world economy and an intentional effort by the producers to keep supplies in check. There has been a slowdown in Chinese economic growth owing a cooling property market and [...]
Inventories among traders and steel mills are pilling up, as a result of which buying activity has reduced for all major steel raw materials and base metals. An important reason for reduced buying is that prices are too high and consumers tend to purchase in smaller volumes, waiting for a price correction. Prices for raw [...]
Prices for Stainless Steel Sheets, Stainless Steel Pipes, Stainless Steel Round Bar Products An increase in nickel prices, along with steel prices, iron prices and scrap prices across the globe has resulted in an increase in price for stainless steel products in all forms including stainless steel flat and long products. Nickel prices have increased [...]
Metline Industries is India's leading stockholder, importer and supplier of aluminium sheets and plates in India. In line with our objective to help all our Indian and overseas customer plan their purchase requirements, we are pleased to publish our price list as below. The below list of prices for aluminium plates and sheets is on a [...]
Intergranular attack is caused by the formation of chromium carbides (Fe,Cr)23C6 at grain boundaries, reducing the chromium content and the stability of the passive layer on stainless steels. This type of corrosion was previously a potential risk for stainless steel because of its high carbon content. However, with modern steel making methods, it has become [...]
Source: International Molybdenum Association - PREN Comparison of Stainless Steel and Duplex Steel Materials Pitting Resistance Equivalent Number (PREN) is generally used to indicate the pitting resistance of stainless steels. In general: the higher PREN-value, the more corrosion resistant the steel. A PREN of 32 is considered the minimum for seawater pitting resistance. Furthermore a PREN-value ≥ [...]
Alloying Elements in Stainless Steel - Special Alloy Grades - Nickel, Chromium, Moly In metallurgy, stainless steel, also known as inox steel or inox from French inoxydable (inoxidizable), is a steel alloy with a minimum of 10.5% chromium content by mass. Stainless steel is notable for its corrosion resistance, and it is most widely [...]
