Even with the continuing high warehouse stocks, in July to date, nickel could maintain its levels on the London Metal Exchange (LME) of above USD 19,000.00/mt. Right at the moment though, because of the tragic crash of the Malaysian Airlines passenger plane in the Ukraine, and Israel's ground offensive in the Gaza Strip, risk aversion for investors has clearly increased once more. Now expectations about global economic growth are not as high as at the start of the year. This has had a negative influence on the nickel price and many other slightly more risky exchange traded products. Profit taking has led to lower prices. The 3 months future....
Oryx Stainless is one of the leading companies trading in raw materials for the stainless steel production.
The core task of our business activities is the handling and processing of stainless steel scrap.
With us you stay at the top level, be it as supplier or customer.
Oryx Stainless customers include the most renowned stainless steel producers; its procurement is from a broad range of national and international suppliers.
We offer our business partners the ideal combination of various fortes: continuity, competence and individual support on the one hand, strength in balance sheets and international affairs on the other.
We stand at your side as a professional, innovative and far-sighted business partner.