On the London Metal Exchange (LME), nickel prices have stalled and since the middle of February have been trading in a tight range of between USD 13,600.00/mt and USD 14,400.00/mt, without showing any clear signs of which direction to be taken. This price level for nickel means though that the supply of nickel pig iron (NPI) should become more limited. This would, in fact, be less due to the continuing usage of reserves of Indonesian nickel ore which are stocked up in Chinese warehouses, but more because prices have, in the meantime, clearly fallen below production costs for parts of NPI production. Production is evidently becoming....
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.
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Oryx Stainless customers include the most renowned stainless steel producers; its procurement is from a broad range of national and international suppliers.
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