Ryerson’s Post

Just starting out in the steel industry and need to get up to speed with steel prices? Boyd Metals has got you covered. Get an inside look at how steel prices are determined with the CRU Index. Established by the Commodities Research Unit, the CRU Index is the most trusted price for steel. Learn more about how it's calculated and why it's used by global investors and manufacturers here: https://bit.ly/3ZUgVY6 #boydmetals #theboyddifference #metalindustry #steel #stainlesssteel

Check out our recap of the SMU Steel in the #Crowe Metals 4.0 Insight

Nickel prices remain solid beyond 18.000 USD/MT, which will push stainless steel prices upwards in Q2/2024. Personally, I see 20.000 USD as a realistic mid-term price level to be still seen in Y2024. #nickel #nickelprices #alloyingelements #metals #rawmaterials see the 1 year chart at Investing.com: https://invst.ly/13-vmy

MetalMiner: Stainless MMI: Bearish Stainless Demand Leads to Steep Discounts Overall, the Stainless Monthly Metals Index (MMI) reversed to the downside, with a 10.88% drop from June to July. Nickel prices experienced heavy losses during June, securing the title of worst-performing base metal with an over 14% decline. Prices had fallen over 19% from their May 20 peak by early June as they remained in search of a new bottom. Continue Reading: https://lnkd.in/gMzjbHMW

This infographic by Elements visualizes the 2.8 billion tonnes of metals mined in 2022, including precious metals, industrial metals, and more. Full article here: https://lnkd.in/gRRfMshz

In terms of nickel price futures: Lun Nickel is currently up by more than 200 US dollars; Shanghai Nickel is up by more than 1,000 yuan; individual stainless steel futures contracts are up by more than 100 yuan. In terms of scrap raw materials: the purchase prices of 201 and 304 scrap are both stable; the market price of high-nickel iron fell by 5 yuan, the ex-factory price of high-carbon ferrochrome increased by 100 yuan, and the market price of ferromolybdenum was stable.

Compositional and property linkages in stainless steel alloys.

2024-2030: Nickel Steel Market Trend And Analysis https://lnkd.in/eCMcjbn6 #marketanalysis #marketresearch #marketresearchreports #businessintelligence

Steel as a material tops most other metals in so many comparisons

Industrial Metals on the Edge: https://lnkd.in/d3gkPA9P Industrial metals are sitting at a major support level, and find themselves at the very center of multiple key macro crosscurrents...