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Showing posts with the label AL6XN Prices

AL6XN Prices, Monitor, Analysis & Demand

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North America  In the last quarter of 2023 (Q4), the pricing of AL6XN in the North America region, specifically in the USA, has shown a stable price trend. Initially, in October, AL6XN prices in the US spot market showed a rising trend due to strong demand from the chemical and automotive industries amidst a shortage of upstream materials like Steel Scraps and Nickel. US bond yields rose, indicating a robust economy, while the EU and US failed to resolve a steel dispute. Metallurgical coke prices in India and China increased, impacting AL6XN inventory levels. In November, AL6XN prices declined as production rates rose, and Outokumpu announced an expansion, increasing supply. December saw  AL6XN prices  persisted plunging trend due to increased inventory and decreased downstream demand. Global Nickel mining grew, aided by the progress in the Minnesota Copper-Nickel Mining project. Cheaper Chinese imports prompted adjustments in US AL6XN industries. The latest price for AL6...

AL6XN Prices, Pricing, Demand & Supply

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  North America  In the last quarter of 2023 (Q4), the pricing of AL6XN in the North America region, specifically in the USA, has shown a stable price trend. Initially, in October, AL6XN prices in the US spot market showed a rising trend due to strong demand from the chemical and automotive industries amidst a shortage of upstream materials like Steel Scraps and Nickel. US bond yields rose, indicating a robust economy, while the EU and US failed to resolve a steel dispute. Metallurgical coke prices in India and China increased, impacting AL6XN inventory levels. In November, AL6XN prices declined as production rates rose, and Outokumpu announced an expansion, increasing supply. December saw  AL6XN prices  persisted plunging trend due to increased inventory and decreased downstream demand. Global Nickel mining grew, aided by the progress in the Minnesota Copper-Nickel Mining project. Cheaper Chinese imports prompted adjustments in US AL6XN industries. The latest price ...